The American Gold Eagle coin debuted in 1986 after being authorized by the Gold Bullion Coin Act of 1985. Right now at Manhattan Gold & Silver, we’re running a promotion on collectible coins:
- Backdated Gold 1oz Eagle Coins for $70 over gold
- Backdated Silver 1oz Eagle Coins for a $3 premium
- Gold Krugerrand 1oz Coins for a $50 premium per ounce
Today we’ll walk through some of the history and facts of the American Gold Eagle coin.
The Basics of the Gold Eagle Coin
Let’s start by covering the basics of this gold bullion coin.
- Denominations: This coin comes in four denominations. 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. The face values are $50, $25, $10, and $5 respectively.
- Purity: The American Gold Eagle contains 91.67% gold, with the remainder being composed of copper and silver. This alloy gives the Gold Eagle greater durability and scratch resistance compared to pure 24-karat gold coins.
- Production: These coins are produced across three different locations of the United States Mint: the West Point Mint, the Philadelphia Mint, and the Denver Mint.
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About the Design
The front of the Gold Eagle coin features a portrayal of Lady Liberty striding forward while holding a torch in her right hand and an olive branch in her left. This iconic design is known as the “Saint-Gaudens Double Eagle” and was adapted from a design created by Augustus Saint-Gaudens for the $20 Double Eagle gold coin.
The back of the coin shows a family of eagles and was created by sculptor Miley Busiek. This design was specifically crafted for the American Gold Eagle coin series. This Gold Eagle’s design differs slightly from the Silver Eagle.
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How to Add the American Gold Eagle Coin to Your Collection
Convinced that you need to add this gold bullion coin to your collection? Start by calling us at Manhattan Gold & Silver to order your Gold Eagle coin today.
