see it clearly
Learn more

American Gold Eagle Bullion Coins

American gold eagle bullion coins have been produced since 1986 as official gold bullion investment coins. They are bought for investment purposes, and their value changes according to the current market prices for gold. Read on to learn more about these beautiful coins, their design, and their worth.

American Gold Eagle Bullion Coins

About American Gold Eagle Bullion Coins

People buy American Gold Eagle bullion coins as a way to add gold to their investment portfolio. Since these coins came out in 1986, they have been the favorite of investors. The American Gold Eagle Bullion Coin is considered one of the most beautiful coins that have ever been produced. The Bullion Coin Act of 1985 authorized minting of these coins. The gold used in the coins must come from domestic sources. The American Gold Eagles have the amount of gold and the face value of the coin stamped on each one.

These coins are 22 karat gold, following the English standard for gold coins, which was established over 350 years ago. They have a small amount of silver and copper, to make the coins harder so they resist scratching and wear. They are guaranteed to have the exact amount of gold that is stated on them.

The American Gold Eagle bullion coins are also made in proof versions for collectors. A proof coin is hand loaded into the machine and struck many times, which means the engraved stamp is pressed into the metal alloy blank more than once. Striking the coin several times results in a frosted appearance to the coins, with the background looking like a mirror. After the proof coins are struck, they go through a white glove inspection to ensure that they are perfect. Then the coin is sealed in a plastic capsule and put in a velvet presentation case with a satin lining. It comes with an official Certificate of Authenticity. These proof versions of these coins are made at the US Mint in West Point, New York, and have their mint mark, which is a W, stamped under the date.

Design and Denominations

Augustus Saint-Gaudern created the design featured on the American Eagle gold bullion coins. It is a full length Lady Liberty with flowing hair. She has a torch in her right hand and an olive branch in the other. The word LIBERTY is inscribed above her head. This design was used on the 20 dollar double eagle gold coins from 11907 to 1933. Miley Busiek designed the reverse, or back side of the coin. It shows a male eagle soaring above a nest and carrying an olive branch. In the nest is a female eagle with her eaglets.

American Eagle Gold bullion coins are made in four denominations with four different amounts of gold and four different diameters. These are:

  • 5 dollar - 1/10 troy oz - 16.50 mm
  • 10 dollar - ¼ troy oz - 22 mm
  • 25 dollar - ½ troy oz - 27 mm
  • 50 dollar - 1 troy oz - 32.70 mm

At the end of October, 2010, these coins were selling for approximately these amounts: 1/10 Oz Coins $138.39, 1/4 Oz Coins $346.22, 1/2 Oz Coins $684.06, and 1 Oz Coins $1,368.86. In the previous three months, the coins increased in value by about 9 percent. Prices depend on the current market price of gold, but you can see how good an investment these gold bullion coins are.

Why Invest in Gold Bullion Coins?

If you have been considering investing in American Eagles, here are some reasons why it is a good idea.

  • The United States government guarantees the American Eagle Gold bullion coins, so you can trust that they contain the amount of gold that they claim to hold.
  • They are easy to buy and sell. These coins are accepted in all the major investment markets around the world. In the United States, they are the most widely traded bullion coins.
  • They are a tangible asset. You can actually hold these in your hand and they are lovely to look at.