American Gold Eagle

The American Gold Eagle was made possible by the Gold Bullion Act of 1985 and was first released for circulation in 1986. The design of the coin was taken from a gold coin that was made in the US in 1907, which had a face value of $20. These coins were discontinued in 1933. The design of the Gold Eagle is what makes it so historically significant. It is a new coin with features from the past, the perfect mix to attract collectors and investors.

Design and Details

The obverse side of the coin depicts “Liberty” as she was created by Augustus Saint-Gaudens. Like previously stated, this same design was what graced the US $20 coin from 1907 until 1933. But on the reverse side, the US decided to go with a newer depiction and chose Miley Busieks version of an eagle. Both sides of the coin boast images that are truly beautiful and most definitely American.

The Gold Eagle has coins that have face values of $5, $10, $25, and $50. The weights of these coins are 1/10th, 1/4th, ½, and 1 ounce respectively. Made of one hundred percent American gold, as law requires, the Gold Eagle is .9167 (or 22 karat) gold. As a lot of gold coins have nowadays, there is copper and silver used as filler in order to resist wear. To be exact the coin is made up of 3% silver and 5.3% copper.

More About the Gold Eagle

Investing in American Gold Eagles is as smart as collecting them for a lot of people. People buy the Gold Eagle and invest in the gold in the coin, because it is made up almost entirely of gold there is a great possibility of turning a profit. But the reason that investing in gold coins comes second to collecting them is the fact that countries are involved. When countries produce coins they are able to control the amount of coins produced and that directly controls the coins value. All of that matters because you may be paying too much for the gold in the coin.

Collectors love the Gold Eagle because of its historical significance. There are not too many other coins in the world who have a design that is as historical as this one, which is taken from the early 1900s. It is a lot of collectors goals to add one of these coins to their collection and many travel directly to the US to do so. In the US it is not too difficult to find Gold Eagles, but they are so popular that you cannot think that they will be available everywhere. The internet would be the best bet to look for the coin because there are plenty of American sites and American sellers who are willing to offer great shipping prices.