History of the Coin: The Gold American Eagle was the result of the Bullion Coin Act of 1985. The United States Mint began releasing the Gold American Eagle shortly after receiving congressional approval of the coin. The gold used in the production of the Gold American Eagle must come from the United States by law.
The gold is alloyed with silver and copper in order to produce a more sturdy coin that is resistant to the wear as a result of handling the coin. The result is a beautiful yet durable 22 karat gold coin that has been a stalwart of many investment portfolios since its inception in 1986.
The obverse of the coin is a full length Lady Liberty as originally envisioned by Augustus Saint-Gaudens with her long flowing hair, confidently striding forward with a torch in her right hand and an olive branch for peace in her left hand. The Capitol is on the background to the left of the coin. The design of the coin was the result of Theodore Roosevelt commissioning work that would make American coins more like that of the ancient Greeks and Romans.
The reverse of the coin is the work of sculptor Miley Busiek. A male bald eagle returns to the nest he shares with a female bald eagle and their young eaglet. UNITED STATES OF AMERICA is directly above the male eagle with IN GOD WE TRUST to the right of the nest.
Each coin contains 1/2 oz. of gold
Obverse features Lady Liberty and is based on the 1907 Saint-Gaudens Gold Double-Eagle design
Reverse is a beautiful design incorporating the symbol of American freedom, the bald eagle.
Minted in 22 karat gold making it more resistant to scratching and marring from handling the coin
Backed by the United States government
Why invest in the coin? The Gold American Eagle is the most widely traded bullion coin in America and is backed by the United States government. The alloying of the gold with silver and copper make the Gold American Eagle sturdier than other gold coins in the market. The ½ oz size allows investors to add gold more economically to their portfolios. Typically the $25 dollar Gold American Eagle is minted in lower populations than the other sizes of Gold American Eagles making these coins more rare than others and a great investment.