American Gold Eagle Bullion Coins

American Gold Eagle Bullion Coins

The main gold coin of the United States, the American Gold Eagle coins are offered on an annual basis in 3 familiar variations and 4 various weights. These stunning coins work as a reminder of the majesty, durability, and strength of the American nation. Each Gold Eagle coin from the United States Mint features pictures of the nation’s most iconic signs, from its official nationwide symbol of the American bald eagle to that towering symbol of liberty and democracy understood to most simply as Woman Liberty. American Gold Eagle Bullion Coins

When trying to find gold for sale, the American Gold Eagle enters your mind for many numismatists and collectors. The coins are struck by the United States Mint, and the metal content and pureness of each is guaranteed by the complete faith and credit of the United States. Find out more about the American Gold Eagle below.

The History of the American Gold Eagle

American Gold Eagle Coins were licensed for production by the United States Congress with the passage of the Gold Bullion Coin Act of 1985. Under the terms of legislation, the program was to consist of four different weights in overall (1 oz, 1/2 oz, 1/4 oz, 1/10 oz) and consist of 2 various variations initially (bullion and proof). Congress set the stated value for the coins as is standard practice with any legal tender issued by the United States Mint.

The very first American Gold Eagle coins were produced and made available for purchase in 1986. The bullion gold coin program was instantly available with all 4 weights, while the evidence variation of the coin featured just a 1 oz coin in 1986. The proof program broadened to consist of the 1/2 oz weight in 1987, and the 1/4 oz and 1/10 oz coins in 1988.

American Gold Eagle Bullion Coins

For the 20th anniversary of the American Eagle coin series, which includes the Silver Eagle, in 2006, the United States Mint presented a new burnished variation of the coin. The Burnished American Gold Eagle was introduced specifically for coin collectors. Although the United States Mint currently had the evidence version of the Gold Eagle available for collectors, the burnished version of the coin had a unique minting process that offered it enhanced value for those numismatists thinking about the display and exhibit of visually brilliant coins.

Design Background of the Gold Eagle Series

The United States Mint picked a historic American coinage design for the American Gold Eagle. Augustus Saint-Gaudens was carefully picked by President Theodore Roosevelt in 1905 to help renew United States gold coinage with a brilliant brand-new design.

Saint-Gaudens masterpiece was the Girl Liberty style that features Liberty in the full-length figure, her hair and robe flowing easily in the breeze as she strides forward with confidence from the nation’s capital. In her right and left hand is a torch for light, and an olive branch symbolizing peace; all the important things she’ll require to assist the country towards a serene if unknown, future.

His initial design was utilized on the $20 Gold Double Eagle coin. In blood circulation from 1907 to 1933, it is considered the finest style on the best coin in American history. Saint-Gaudens himself never ever lived to see his design pertained to fruition on an American coin though, passing away due to problems from disease simply months before the coins were released in 1907.

In Saint-Gaudens’ original design, Liberty was featured stepping forward with the United States Capitol at her feet, the rays of the setting sun at her back, and 46 stars surrounding her along the coin’s rim. In 1912, Congress authorized the addition of 2 stars to his design to recognize the addition of New Mexico and Arizona to the Union. In order for the image to be used on the American Gold Eagle, two stars were added to acknowledge the post-World War II addition of Hawaii and Alaska to the Union.

The reverse side of the coin includes a family of nesting bald eagles and was designed by Miley Busiek. In the image, a male bald eagle returns to the nest with branches in its talons. In the nest, a female is illustrated standing vigilant guard over the young hatchlings in the nest. Busiek’s design was developed in 1986 and is used specifically on the American Gold Eagle.

Bullion Gold Eagle Coins

The leading item in the American Gold Eagle lineup is the bullion coin. As discussed earlier, the bullion coin has actually been the most steady product in the lineup. It has actually been offered by the United States Mint every year, in all 4 weights, considering that its introduction in 1986. The bullion coins have followed a fairly foreseeable up-and-down mintage circulation over the course of more than 30 years of schedule.

When the bullion Gold Eagles were introduced in 1986, need to surpass 1.3 million for the 1 oz coin alone, with the 1/2 oz, 1/4 oz, and 1/10 oz coins striking 599,000, 726,000, and 912,000 respectively. Demand for the coins cooled throughout the 1980s and early 1990s, before peaking again in the late 1990s and into the early 2000s. The early to mid-2000s saw another substantial decline in mintage figures, up until the start of the Great Economic downturn in 2008, when the gold eagles soared to brand-new heights with mintage figures of 1.49 million, 110,000, 110,000, and 270,000 respectively from 1 oz to 1/10 oz.

Mintage figures again hung back down up until 2014, with 2015 and 2016 both publishing year-over-year gains in mintage. Many American Gold Eagle bullion coins are readily available at this time in BU condition. A coin in BU condition exhibits no signs of wear and tear, though you might observe minor defects ranging from breaks in the radiance and identified surfaces to contact marks from the creating procedure.