American Eagle Gold Coins
The American Eagle gold coin was first produced by the United States Mint in 1986, and has been in circulation since. The coin currently comes in 4 sizes:
SIZE AND DIMENSIONS
Diameter: 32.70 mm
Thickness: 2.87 mm
Face Value: 50 USD
Weight: 1.0909 troy ounces
Diameter: 27 mm
Thickness: 2.24 mm
Face Value: 25 USD
Weight: 0.5454 troy ounces
Diameter: 22 mm
Thickness: 1.83 mm
Face Value: 10 USD
Weight: 0.2727 troy ounces
Diameter: 16.50 mm
Thickness: 1.19 mm
Face Value: 5 USD
Weight: 0.1091 troy ounces
COMPOSITION AND DESIGN
All American Eagle gold bullion coins are 999 fine investment grade gold bullion – which means they are 22 karat gold coins. Coins that are 22 karat gold are slightly ‘harder’, and less likely to damage from minor scratches than coins that are 24 karat gold. Trace amounts of metals including silver and copper are added to the gold to make it more resilient.
The front, or obverse side of the American Eagle coin features an image of Lady Liberty walking. She holds an olive branch in the left hand, and a torch in the right. The original design for Lady Liberty was taken from that featured on the American produced St. Gauden gold coin, which was in circulation prior to the American Eagle.
The back, or reverse side of the American Eagle gold coin features an image of a male Bald Eagle returning to the nest with branches in his talons. Sitting in the nest are the female Bald Eagle and her newly hatched chick. On the top, the coin says “United States of America”. To the left is written “E Pluribus Unum” and on the right, “In Gold We Trust”. The base of the coin denotes the weight, fineness and face value of the American Eagle gold coin. Until 1991, the American Eagle gold coin was minted with roman numeral dates. From 1992 on, traditional, Arabic numbers were used.
The quantities of American Eagle gold coins minted each year varies depending on market demand. The most popular denomination of Eagle gold coins is the 1 Ounce size. There have been six years when more than 1 million American Eagle gold coins have been produced by the mint, all indicating times when investing in precious metals has been extremely popular due to adverse market conditions: 1986, 1987, 1998, 1999, 2009 and 2010.
The purchase price of an American Eagle gold coin can vary, but is always based upon the market spot price of gold. The price of gold can fluctuate significantly, and has ranged from 256 USD/ Oz in the summer of 1999 to a price of over 1900 USD / OZ in the summer of 2011. If you wish to purchase an American Eagle gold coin, the coin price will normally be 4% - 7% over the current market spot price. However, this can vary depending on current market demand and supply changes.
THE US MINT
In addition to the American Eagle gold coin, the United States Mint also produces the following coins:
American Eagle Series
1 Ounce American Eagle Silver Coin
Platinum CoinsGold Coins
1 Ounce Platinum American Eagle Coins
½ Ounce Platinum American Eagle Coins
¼ Ounce Platinum American Eagle Coin
1/10 Ounce Platinum American Eagle Coin
1 Ounce American Buffalo Gold Coins
30 Gram St. Gauden Gold Coin