The American Gold Eagle Coin was authorized by the Gold Bullion Coin Act of 1985 and was first released in 1986. It is offered in 1/10, 1/4, 1/2 and 1 troy ounce increments and each coin is guaranteed by the U.S. government to contain the stated weight in pure gold. The Eagle coin is 22 carat gold and is made from 91.67% gold and 8.33% copper to make it more durable. This combination is traditionally referred to as “crown gold” and was used by the British Crown for centuries to make coins last longer, while still containing the requisite amount of gold. The total weight of this coin is 1.0909 troy ounces and this allows the coin to still have 1 oz of gold, even though it is not 999 or 9999 pure gold
COIN HIGHLIGHTS
- Ships individually in a plastic sleeve
- Consisting of 1 oz of 9167 Fine Gold
- Observe: Features a design of Lady Liberty which varies depending on the year of release
- Reverse: Features the design of an eagle which varies depending on the year of release
The obverse of the coin features a full-length rendition of the Augustus Saint-Gaudens Lady Liberty with flowing hair, an olive branch in her left hand and a torch in her right hand. The Capitol building is in the background. Lady Liberty is encircled by a rising sun and 50 stars. The word “LIBERTY” and the year of minting are also printed on the face of the coin.
The reverse of the coin was designed by Miley Busiek and features a flying male eagle, also with an olive branch, and a female eagle and her hatchlings in her nest. The words “UNITED STATES OF AMERICA” are featured prominently and the phrases “E pluribus unum” and “In God we trust” are on either side and the bottom contains the weight, purity and face value, in this case “1 oz Fine Gold – 50 Dollars”.
After 35 years, the iconic American Eagle Gold Coin has undergone an updated reverse design by renowned artist Jennie Norris. The 2021 coins feature a beautifully detailed left-facing American bald eagle along with the country of issue, face value, metal weight, and the inscriptions “E PLURIBUS UNUM” and “IN GOD WE TRUST”
This coin has become a staple in the bullion world and is practically synonymous with reliability, having become one of the most recognized gold bullion coins in the world.
Note that from 1986 until 1991 the US Mint used Roman numerals for the year as well as for a couple special edition versions. In 1992 they began to use normal digits for the year.
These coins are discounted as they may be tarnished, scratched or visibly handled.
ABOUT THE UNITED STATES MINT
Established in 1792 as the first national mint in the United States, the United States Mint is a bureau of the Department of the Treasury responsible for official legal tender coinage production. The United States Mint has a mission to serve Americans as the sole manufacturer and distributor of circulating currency coins. The U.S. mint also produces commemorative coins for collectors, silver and gold bullion coins for investors (such as the popular Eagle and Buffalo series), as well as Congressional Medals.
This is a random year item – metal weight and purity are guaranteed but exact design and condition may vary and are subject to availability. You may receive any variation of year and design from 1986 to the present, you may receive a coin with Type 1 or Type 2 reverse. Each issue maintains a similar, but not always identical, design on both the obverse and reverse.
Reviews
There are no reviews yet.