Gold American Eagle

Gold American Eagle Bullion Coin

History and Significance:  This bullion coin has been minted by the U.S. Mint annually since 1986.  This followed the Gold Bullion Act of 1985, stating that any gold used to strike these bullion coins must come the United States of America.  The Gold American Eagles follow the tradition of the circulated coins back in the late 19th and early 20th century, but a bit modernized.

Features of the Bullion Coin:

1. 1. Its Design:  The American Eagle itself, is actually the reverse/rear side of the 1oz gold American Eagle bullion coin.  As of 2021, the reverse features a male bald eagle with an olive branch clenched in his talon, hovering over the female in the nest, along with their hatchlings.  The Lady Liberty is the obverse/front side of the coin was designed by the incredible Renaissance artist Augustus Saint-Gaudens.  The Lady Liberty design was first featured on the 1907 Double Eagle Coin.
      1. Any 10z Gold American Eagle Bullion coins produced since 2021 through the present, are also known as a “Double Eagle”, due to the 2 eagles present on the reverse side of the coin.
2. Fineness and Purity: it contains 1 full troy ounce of 22 karat gold (91.67% purity), with the remainder containing silver, copper and other alloys to give it some longevity and resistance to every day wear.
3. Legal Tender Status: The 1oz Gold American Eagle Bullion Coin can be used as circulated currency at its face value of $50.  However, the face value does not represent its true value.

This being said, the 1oz Gold American Eagle bullion coin market value depends on the gold spot price, that changes throughout the day while the stock market is open.  Although, precious metals do not fluctuate like the rest of the market trends.  Making bullion coins are very sound investment.