History of the Coin: The Gold American Eagle is produced by the U.S. Mint and is the official gold bullion coin of the United States. The Gold Bullion Coin Act of 1985 permitted the production of the coin beginning in 1986. The weight and purity of each coin is guaranteed by the United States government. Part of the act authorizing the production of the Gold American Eagle mandates that the gold must come from sources in the United States. The act also maintains that silver and copper must be used in the coin to make a more durable gold coin that can withstand handling.
The design of the coin features arguable the most iconic image in all of numismatic history, Lady Liberty as depicted by early 20th century sculptor Augustus Saint-Gaudens. Saint-Gaudens was a Beaux-Arts sculptor who gained notoriety from his monuments of American heroes of the Civil War. President Theodore Roosevelt selected Saint-Gaudens to redesign American coinage. His first effort was a beautifully designed high-relief $20 coin depicting Lady Liberty that was first minted in 1907. The coin was aesthetically pleasing but could not be stacked thus thought to be impractical for commerce. The high relief version of the 1907 coin is extremely rare and highly desirable among collectors while a normal-relief version was minted from 1907-1933.
The Lady Liberty design on the obverse of the Gold American Eagle coin is based largely on Saint-Gaudens original interpretation. In the current design Lady Liberty strides forward with her right foot in front of her left, holding a torch in her right hand, an olive branch in her left, and her long hair brilliantly flowing to the right.
The reverse of the coin is equally patriotic in its portrayal of the American ideal of freedom. A majestic male bald eagle, with his wings spread and talons grasping a branch, returns to his nest that he shares with a female bald eagle and their eaglet. UNITED STATES OF AMERICA spans the top of the coin while IN GOD WE TRUST is just above the female bald eagle and just below the right wing of the male bald eagle. The reverse was designed by sculptor Miley Busiek and perfectly compliments the obverse of the coin. Each coin is minted at West Point, NY.
Each coin contains 1 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. This unparalleled liquidity along with the historical significance of the coin make the Gold American Eagle an outstanding way to invest in gold. The Gold American Eagle is more resistant to wear and scuffing from handling because the coin is 22 karat gold yet still contains 1 troy oz. of gold like the 24 karat gold coins. Invest in American gold that is backed by the United States of America and buy the Gold American Eagle.
*Our supply comes from the Mint in sealed tubes of 20 and boxes of 500 coins. Quantities ordered that are not multiples of 20 may include loose coins that are packaged in bubble wrap, rather than in the original tubes. Minor imperfections can occur during the minting, shipping or handling process. This does not constitute a valid reason for a return.