The American Gold Eagle Series was first issued in 1986 as the United States’ official gold bullion coin, after it was authorized by the Gold Bullion Coin Act of 1985. Since its first year of issue, the series has become one of the most-highly sought after gold bullion series, quickly rising to prominence in the numismatic realm. Struck out of .9167 fine (22-karat) gold, Gold Eagles are legal tender under the United Sates’ government, and are minted in four different denominations and troy weights: $50 1 oz., $25 ½ oz., $10 ¼ oz., and $5 1/10 oz.
The reverse image of the 2019 American Gold Eagle coins is designed by Miley Busiek and is unique to the American Gold Eagle series. In use since the inception of the series in 1986, this design portrays a family of bald eagles roosting in their nest. The mother and baby await the father who is about to land clutching an olive branch, a peaceful addition to their home. The inscription “UNITED STATES OF AMERICA” curves across the top of the coin, while the mottos “ E PLURIBUS UNUM” and “IN GOD WE TRUST” are placed on either side of the design, and “1 OZ. FINE GOLD~50 DOLLARS” curves along the bottom of the coin.
The obverse design of the 2019 Gold Eagles is a beautiful rendition of Augustus Saint-Gaudens’ $20 Gold Double Eagle which was first produced in 1907. Saint-Gaudens was commissioned by President Theodore Roosevelt to redesign the coinage of the nation, beginning with the $20 Gold Double Eagle. After several years and many modifications, the design that Saint-Gaudens created for the double eagle caused Roosevelt to declare the first issue the most beautiful coin ever made.
The obverse portrays Lady Liberty upright, confidently brandishing the torch of freedom in one hand and olive branches, which symbolize peace, in the other, while rays of sunlight emanate from behind her. The inscription “LIBERTY” arches above her head, while 50 stars, representing the 50 states, encircles the entire rim of the coin. The year “2019” is positioned among the sun’s rays on the lower-right quadrant of the obverse.