The $10 American Proof GOLD Eagle Coin â€“ Â¼ troy oz, is official gold bullion of the United States, as authorized under the Gold bullion coin Act of 1985. These coins made of .9167 pure gold, with a weight of Â¼ troy oz, were first released to the public in 1986 and are guaranteed by the U.S. government to contain the stated quality and weight of gold in troy ounces. By law, the gold must come from sources in America, alloyed with silver and copper to produce a coin which is more resistant to wear. This proof coin is based in part on one of the most well-loved coins in American history - the iconic 1907 $20 Gold Double Eagle, which was a collaboration between President Theodore Roosevelt and designer Augustus Saint-Gauden. The obverse of the coin features a design based on Augustus Saint-Gaudenâ€™s Liberty, shown with flowing locks of hair and wearing flowing robes, she holds a torch aloft in her right hand (representing enlightenment) and an olive branch in her left hand (representing peace) â€“ standing in front of a rising sun. You can also see an interpretation of the capitol buildings in the bottom left-hand corner, in addition to the word â€œLIBERTYâ€ curving around the top of the design.
The reverse of the coin features a design by sculptor Miley Tucker-Frost (formerly Busiek), featuring an American bald eagle, clasping an olive branch, returning to his family in their nest. The lettering "UNITED STATES OF AMERICA," "IN GOD WE TRUST," " Â¼ OZ FINE GOLD â€“ 10 DOLLARS" and "E PLURIBUS UNUM." Tucker-Frostâ€™s original sculpture was named after Reaganâ€™s 1980 Republican convention speech in which he used the phrase â€œTogether, a new beginning.â€ The sculpture was initially chosen as the official commemorative artwork of Reaganâ€™s inauguration, after much lobbying, a description of the work was given in the gold bullion act, and a coin was struck using the design.
Historically, proof coins were early samples of coins issued to check their quality, though now they tend to relate to limited or early editions especially struck for collectors. Popular with investors, this coin is produced by the U.S. Mint, established back in 1792 and operating at six facilities around the United States. The U.S. Mint produces and distributes precious metal, collectible coins, and national medals. This coin is not available direct from the U.S. Mint; you can only purchase it from approved gold bullion dealers. Overview of the $10 American Proof GOLD Eagle Coin â€“ 1/4 troy oz â€¢ Mint: U.S. Mint â€¢ Metal: Gold â€¢ Purity: 22 Karat / .9167 pure gold â€¢ Weight: Â¼ troy oz â€¢ Diameter: 22 mm â€¢ Thickness: 1.83mm â€¢ Face Value: $10 â€¢ Augustus Saint-Gauden inspired design â€¢ Official gold bullion of the United States â€¢ Proof coin â€¢ Quality and weight guaranteed Interested in investing in more gold coins? If you're interested in investing in more gold coins, you might want to consider buying the American Buffalo, Gold Canadian Maple Leaf or the Gold Krugerrand. Whether youâ€™re looking for gold or silver bars or coins, platinum or palladium, we can help you. Browse our website to see our wide range of investments, which would help to secure your financial future. All of our products whether coins or bars are wrapped and packaged with care, ensuring a safe delivery. Some of the precious materials we offer can be held in a self-directed IRA, providing you with the associated tax benefits, however, additional paperwork would need to be completed at the time of purchase.