History of the Coin: The Gold American Eagle is a beautiful tribute to our great country and homage to the magnificent currency of the ancient Greeks and Romans. The Gold American Eagle is the official bullion coin of the United States and was first produced a year after being authorized by the United States government in the Gold Bullion Coin Act of 1985.
In the Gold Bullion Coin Act of 1985 it stipulates that the gold used in the production of the Gold American Eagle must come from the United States and that the gold must be alloyed with silver and copper to create a more durable, wear-resistant coin. The result is an iconic 22-karat gold coin known by investors and collectors around the world as the Gold American Eagle.
The obverse of the coin is reminiscent to Augustus Saint-Gaudens’ Lady Liberty. The full-length figure of Lady Liberty is shown with flowing long hair, with a torch in her right hand to represent the light and hope of liberty, and an olive branch in her left rand representing peace. She is confidently walking forward as the sun radiates from behind her and the Capitol building sits in the lower left corner. LIBERTY is prominently inscribed above her head.
The reverse of the coin was designed by sculptor, Miley Busiek. The design beautifully sets the scene of a majestic bald eagle returning to his nest that has a female bald eagle and their eaglet anticipating his return. The male bald eagle is clutching a branch in his talons with his wings spread wide. UNITED STATES OF AMERICA surrounds the male bald eagle and IN GOD WE TRUST is to the right of the nest.
Each coin contains 1/4 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 more durable than a 24 karat gold coin. The smaller, ¼ oz size of the Gold American Eagle $10 coin is a more financially feasible addition to financial portfolios for many investors than the tradition 1 oz gold coins. By investing in the Gold American Eagle you are choosing to invest in America.