Issued since 1986, American Gold Eagles are by far the most popular gold bullion coin sold in the U.S. and are also a global leader in the Gold market. These American Gold Eagle coins are minted in a variety of finishes besides the standard bullion coin, including proof, burnished uncirculated, and reverse proof coins. Each of these coins is widely collected in ungraded and professionally graded form, and many people seek to build full sets of these coins.
Keep reading below to learn more about the American Gold Eagle. Whatever date or type of 1 oz. American Gold Eagle you may need, MCM is your #1 source for the best prices and service, free domestic shipping, and our guarantee that all items are genuine.
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The obverse of the American Gold Eagle bears a design by renowned sculptor Augustus St. Gaudens who was responsible for some of the most beautiful coinage in the world. On it, Lady Liberty stands facing forward, a torch in one hand, lighting the way, an olive branch in the other, indicating a desire for peace. Rays emanate behind her and the United States capital looms in the background. This same obverse design appears on all denominations of the American Gold Eagle.
The reverse of the American Gold Eagle features a reverse design that was created by Mike Busiek. It showcases a family of American Eagles. The mother and chick hunker down in a nest, while the father eagle swoops down, about to land, with an olive branch clasped in its talons.
The 1 oz., $50-denomination American Gold Eagle is the most widely traded and collected size of American Gold Eagles in part because they contain 1 troy ounce of gold, making it easy for the purchaser to determine the value of their coin based on gold spot prices. This is true even though the coins contain copper and other alloys to make them more durable since they weigh more than one ounce with the other materials but have an actual gold weight of 1 oz.
American Eagles are actually struck from .9167 pure gold due to the inclusion of a strengthening alloy
These coins are minted in a variety of versions besides the standard bullion coin, including Proof, Burnished, and Reverse Proof coins. Each of these coins is widely collected in ungraded and professionally graded form, and many people seek to build full sets of these coins.