Influenced by the earlier success of the South African
Krugerrand, the Bullion Coin Act of 1985 approved the
American Gold Eagle for production. It was decided that the
Gold Eagle should be minted in 22 karats to make it stronger
and more durable than pure 24 karat gold. The Gold Eagles
were first sold to the public in 1986 and as of today over
12 million Gold Eagles have been struck and sold. The Act
also stated that the Gold Eagle could only contain gold
mined from the United States of America.
The US Mint strikes the American Gold Eagle Coin to
exacting specifications. American Gold Eagle Coins have
their weight, purity, and content fully backed by the United
States Government. During precious metal bubbles government
coinage, including Gold Eagle Coins, can often develop a
premium because of their reliability and recognition by the
general public. One of the reasons why the American
Gold Eagle coin has become the most popular bullion coin in
the world is because of its beauty. The Gold Eagle was
originally commissioned by Theodor Roosevelt to rival the
beauty of the Ancient Greek and Roman Coins. The obverse
side of the Gold Eagle displays lady liberty holding a torch
in her right hand and an olive branch in her left. On the
reverse side of the Gold Eagle is the male eagle carrying an
olive branch to a nest with a female eagle and eaglets. The
obverse side of the American Gold Eagles was designed by
Augustus Saint-Gaudens. The reverse side of the US Gold
Eagle was designed by Miley Busiek. American Gold Eagle
Coins have a high degree if investment liquidity. Aside
from the Gold Eagle Coin being legal tender in the United
States, officially worth 50 US dollars, their design and
government backing makes them convertible into currency at
nearly every coin shop, worldwide. American Eagle
Coins come in tubes of 20 US Gold Eagles with a red top for
safekeeping. These tubes have a fail-safe design that makes
it nearly impossible to load an incorrect number of Gold
Eagles. American Gold Eagles are 22 Karat gold with an
overall weight of 1.0909 troy oz with one ounce of gold
content in each Gold Eagle Coin. The American Gold
Eagle Coin is exempt from IRS 1099B brokerage reporting
making them the most private gold investment vehicle in the
USA. If you are thinking about ordering gold coins or bars, but would like more information call our sales associates Monday-Friday 6:00 AM to 4:50 PM Pacific Time. at 1-888-319-8166. If you are outside the U.S. or Canada, call us at 001-310-566-0730. If you have a Skype call us at 307-459-0971. |