American Gold Eagle 1 oz Coin (BU)

The 1 oz American Gold Eagle has a weight, purity and content that is exclusively backed by the United States Government. As one of the most popular coins in the world, each Gold Eagle has a face value of $50.

 

The American Gold Eagle stands the test of time and continues to be one of the world’s most popular coins, with production rising each year. Infused with history and a sense of nostalgia, each coin comes with a secure backing from the United States Mint, so you can be certain you are making the right investment.

 

Minted since 1986, the American Gold Eagle is 91.67 percent gold, 5.33 percent copper and 3 percent silver in Brilliant Uncirculated condition. Since the inception of the series, over 19.1 million gold eagles have been minted, topped by an astronomical 531 million silver eagles.

 

Each coin has the iconic Lady Liberty design featured on the obverse with a nesting eagle family on the reverse.

 

American Eagles are available in a number of sizes, with 1 oz being the largest option.

 

All 1 oz Gold Eagles have a denominational value of $50. However, the actual value of the coin is dependent on its gold content and will fluctuate based on market pricing.

 

Coins can be purchased individually and arrive in protective, plastic flips. Bulk options include tubes of 20 or Monster Boxes of 500 coins (25 tubes).   

 

Gold Eagle Highlights:

• Produced by the United States Mint since 1986
• Features iconic artwork from Augustus Saint-Gaudens
• Face value of $50
• Purity, weight, and content backed by the U.S. Government 
• Contains one troy ounce of gold content in Brilliant Uncirculated condition
• Individual coins arrive in protective, plastic flips
• Bulk options include tubes of 20 or Monster Boxes of 500 (25 tubes)
• Popular world-wide among investors and collectors alike
• A great option for your IRA

 

History of American Gold Eagles

Originally authorized by the Coinage Act of 1792, gold coins were used as legal tender until 1933, when President Franklin D. Roosevelt removed them from circulation via executive order.

 

In 1972, President Richard Nixon reversed this order, which had originally banned the private ownership of gold bullion. Americans could once again build their own personal collections and reserves.

 

The 1 oz American Gold Eagles were first minted in 1986, after the passage of the Gold Bullion Act of 1985, under President Ronald Reagan. This act authorized the United States Mint to produce American Gold Eagles but strictly with gold mined inside the U.S.

 

The U.S. Mint originally used Roman Numerals to date the coins but switched to the traditional Arabic Numerals in 1992.

 

American Eagle coins are available in gold, silver, platinum or palladium. All Gold Eagles have a weight and purity that is backed by the Federal Government.   

 

Gold Eagle Coin Design

On the obverse of the American Gold Eagle, you will find an image of the historic Lady Liberty, carrying a torch and olive branch.

 

The United States Capitol can be seen in the left hand corner, with stars adorning the outside edge. This design is a rendition of the iconic and unmistakable artwork of Augustus Saint-Gaudens, created in 1907.

 

The image is taken from the $20 Saint-Gaudens gold coin, commissioned by Theodore Roosevelt to generate coinage similar to ancient Greek and Roman currency.

 

The word “Liberty” and the year are additionally engraved. 

 

 

The reverse image, designed in 1986 by sculptor Miley Busiek, depicts a female eagle in her nest as she guards her hatchlings. A male eagle, holding an olive branch in its beak, protectively flies overhead.

 

Busiek, who had previously designed a medallion for the inauguration of President Ronald Reagan, was inspired by a speech Reagan had given at the Republican National Convention in 1980.

 

There, he emphasized the need to unify the country for a greater good. Instead of designing the commonly depicted lone eagle, Busiek was moved to sculpt an entire eagle family, furthering the notion of solidarity, unification and harmony.

 

Inscriptions on the reverse include “United States of America”, “E Pluribus Unum”, “In God We Trust” and “1 oz. Fine Gold – 50 Dollars”. The diameter is 1.287 inches with reeded edging.   

 

Composition of American Gold Eagles

Acting as one of the most renowned and recognizable gold coins in the world, the 1 oz American Gold Eagle is produced in a 22-karat gold alloy, commonly referred to as “crown gold”, a practice formulated by King Henry VIII in the mid-16th century.

 

This coin contains a 91.67 percentage of gold, with copper and silver as the remaining components.

 

Each coin is specifically marked by weight, which is the actual amount of gold weight measured in troy ounces.   

 

Gold Eagle Coin Packaging Info

 Individual American Gold Eagles will arrive in protective, plastic flips.

 

Bulk options include mint tubes of 20 coins or Monster Boxes of 500 coins, with the box holding a total of 25 tubes.

 

All American Gold Eagles provided in this listing are in BU condition.     

 

Why Buy American Gold Eagles?

As one of the most popular coins in the world, the beauty and confidence that is carried with it makes each American Gold Eagle a cut above the average, whether you are buying or selling.

 

Protect yourself from deteriorating economic trends by using gold as your tool to combat inflation.

 

While Golden Eagles can act as a commercial commodity, they also make for a great asset to any Individual Retirement Account (IRA), acting as the sole exception to the IRS requirement that physical precious metals be at least .999 pure to be eligible for inclusion. 

 

As always, if you have any questions, please do not hesitate to reach out to us! We are here to help you make the best choice in your search for the right investment.