Why add this 2016 $10 1/4 oz. American Gold Eagle in GEM BU to your collection?
This 2016 ¼ oz. American Gold Eagle takes its design, like other Gold Eagles, from the famous Double Eagle of Augustus Saint Gaudens. It has been adapted slightly from the original version so that the number of stars encircling the main image on the obverse reflects the current number of states rather than the number of states in 1907, which is when the design was first created. The image of Liberty dominates the coin, as she stands with one foot on the ground and the other elevated upon a rock. Her garment and hair blow freely in the breeze, as she extends her torch in front of her toward the holder. She also holds an olive branch. Miley Busiek’s design of an American family of eagles, which he created for the Gold Eagle, is on the reverse. While this coin is popular for its design, another aspect of its appeal is that its gold weight, ¼ Troy oz., and gold purity, .9167, both have the backing of the United States government, making it a secure and liquid option for collectors. Share in the major anniversary of the Gold Eagle by adding this piece to your collection today.
|Year of Issue:||2016|
|Weight in Grams:||8.48 g|
|Weight in Ounces:||1/4 oz|
Gold prices continue in a strong pattern coming into the new week.
Going forward, if gold continues its decline, I expect there will not be many new buyers in the market until we test the $ 1200 dollar level again.