Gold American Eagle
The Gold Bullion Coin Act of 1985 was signed by President Ronald Reagan and production of American Eagle gold coins started in 1986 allowing the United States to compete with other gold coins such as the Canadian Maple Leaf and the South African Krugerrand. The Act requires that all coins be produced using only gold from the United States. The American Gold Bullion coins are the only bullion coins whose weight, content and purity is guaranteed by the United States Mint, making them a popular standard among investors and collectors.
The coins come in one ounce, half ounce, quarter ounce and tenth ounce sizes, with legal tender values of $50, $25, $10, and $5 respectively. They are comprised of 22 karat gold with a small silver and copper alloy to give the coins strength and durability.
Augustus Saint-Gaudens’ revered depiction of Walking Liberty, used on the double eagle from 1907 to 1933, was resurrected to grace the obverse. Lady Liberty is depicted illuminated by the sun’s rays carrying a torch and an olive branch with the US Capitol Building in the background.
This symbol of peace is carried over to the reverse with American sculpture Miley Busiek’s male eagle holding an olive branch as it joins his family in their nest, representing the strength of the American family.
Gold Eagles come from the mint packaged in Treasury Mint tubes, which are perfect for the investor looking for storage solutions that can arise from the large packaging that often accompanies other bullion coinage.
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