The American Gold Eagle Coin was introduced in 1986 as an official gold bullion coin so the USA could compete with other Country’s offerings. It is offered as 1oz, ½oz, ¼oz and tenth oz, both as proof and uncirculated.
As the word ‘Eagle’ is already associated with the pre-1933 $10 coin, the weight of the coin is often used in its description, such as ‘One Ounce American Gold Eagle’.
The Obverse features “Standing Liberty” holding a torch and olive branch, which is a modified version of Augustus Saint-Gaudens’ $20 gold coin design. The Reverse depicts the “Family of Eagles” motif, designed by Miley Frances Busiek, symbolizing family tradition and unity
The gold used is 22 karat which is 91.67% gold (Crown gold). The rest of the alloy is a mixture of silver (3%) and copper (5.33%) in order to make the coin harder and less prone to damage. The coins have a ‘W’ below the date to indicate they are made at the West Point Mint, New York.
|1 troy oz||$50||1.0909 troy oz (33.930 g)||32.70 mm||2.87 mm|
|1/2 troy oz||$25||0.5454 troy oz (16.965 g)||27 mm||2.24 mm|
|1/4 troy oz||$10||0.2727 troy oz (8.483 g)||22 mm||1.83 mm|
|1/10 troy oz||$5||0.1091 troy oz (3.393 g)||16.5 mm||1.19 mm|
Although intended as a bullion coin with a value tied to the gold spot, some of these coins may carry a considerable premium as they are attractive and popular coins. They are usually sold with presentation case and certificate of authenticity (COA).
Images kindly released by the United States Mint.