First minted in 1986, the American Gold Eagle is among the world’s most popular and beloved gold bullion coins. Their creation by the United States Mint was authorized by the Gold Coin Bullion Act of 1985. Since then, Gold Eagles have become a staple in investment portfolios and bullion collections around the globe.
American Gold Eagle Design
The Gold Eagle is often considered to be one of America’s most beautiful coins. The obverse—designed by Augustus Saint-Gaudens—features Lady Liberty carrying a torch and olive branch. Her figure personifies peace and hope for a free America as she walks before a rising sun. The border is lined with 50 five-pointed stars to represent each of the nation’s states.
Designed by Miley Busiek, the reverse showcases a family of bald eagles. The female and her chick sit in their nest, while the male returns carrying an olive branch in his talons. This side is inscribed with the coin’s weight and denomination.
Why Are Gold Eagles Valuable?
Gold Eagles are made in one ounce and fractional weights, and each coin is guaranteed by the US government and stamped with a face value. However, the gold in these coins is worth far more than their denomination. Gold Eagles are made of .9167 fine gold, mixed with small amounts of silver and copper to give them more strength and durability.
For centuries, gold has been regarded as a store of value. Many people invest in the yellow metal as a safe haven option, especially during times of weak economic performance. The value of American Gold Eagles will first and foremost depend on the current spot price of gold. However, value may also be determined by a coin’s condition and rarity. For instance, a coin from a year with a lower mintage might carry a higher value than a more abundant coin.
Serious investors might store their gold by way of a precious metals IRA account. This allows you the safety of storing your metals in a depository vault. Gold Eagles—along with all other bullion coins produced by the US Mint—are eligible for most of these types of accounts.
Where to Buy Gold Eagles
Provident Metals is proud to offer an assortment of American Gold Eagles, including a variety of weights, proof editions, and graded coins. In addition to being a trusted bullion dealer, Provident also buys your precious metals at industry-leading buyback prices. Simply visit our Sell to Us page for more information.
Take a step towards securing your financial future and add American Gold Eagles to your investment portfolio. Provident offers secure online checkout and fast, free shipping.