Regarded as the country’s most beautiful coin, its design was inspired by Augustus Saint-Gaudens’ $20 gold piece, the “Double Eagle.” These coins produced by The United States Mint feature America’s iconic elements, including the Liberty Lady, the official national emblem of the American bald eagle, and more!
Grab this opportunity to invest in this masterpiece asset at CanAm Bullion’s most reasonable prices!
American Gold Eagle: The Launch History
The United States Mint is among the federal government’s oldest agencies, founded over 225 years ago. In 1788, the discussion was at its peak to establish a national mint, and soon, two lots at 7th and Arch Streets were used to build a three-story facility in Philadelphia during the late 18th century.
Many gold, silver, and copper coins were already minted and sold before the production of the American Gold Eagle. The Gold Bullion Coin Act of 1985 authorized the production of American Gold Eagle Coins by the United States Congress. Four different weights were proposed by the act, which included 1 oz, ½ oz, ¼ oz, and 1/10 oz. In 1986, the first American Gold Eagle Coin was launched for sale.
The design of the coin was based on the $20 double eagle coin launched between 1907-1933, engraving Lady Liberty holding an olive branch & a torch, and the reverse had an eagle family.
The Evolution of Gold Eagle Series Design
The older coins were based on the Coinage Act of 1792 that suggested all coins will have a design featuring an “impression emblematic of liberty,” the memo “LIBERTY,” accompanied by the manufacturing year on the observe side. Specifically on the gold and silver coins’ reverse side, the act required a representation of an eagle and the description: UNITED STATES OF AMERICA.
Later, the design started modifying and featuring additional elements such as the Liberty cap, cap with wings, wreath, Union Shield, Stars, Olive Branch, Arrows, and others.
In the early 1900s, President Theodore Roosevelt was interested in altering the country’s official circulating gold coin design to make it look more beautiful. Thus, on a personal invitation from the president, sculptor and artist Augustus Saint-Gaudens originally crafted his likeness of Lady Liberty. This new design was first integrated on an Eagle ($10) and a Double Eagle ($20) gold coins and now is a marvellous element of American Eagle Gold Coin’s obverse side.
Till 2021, the design of an American Eagle Gold Coin was built with a full-figured Liberty and Capitol building on the obverse side. The reverse side of the coin was designed by Miley Busiek Frost and sculpted by Sherl J. This side depicted the unity and family tradition of the United States, featuring a male eagle holding an olive branch while flying just above a nest where a female eagle appears protecting her hatchlings.
Gold Eagle Refreshed 2021 Reverse Design
The coin’s reverse side design was refreshed on the American Eagle Coin Program’s 35th anniversary. Historical elements were revoked and used in the coin’s configuration. One of those elements includes using the original bronze cast to showcase Saint-Gaudens’ original vision for the coin.
The 2021 gold coin reverse design has an American bald eagle with a left profile. The feathers on the eagle’s head are carved in an incredibly detailed manner. You will find United States of America, E Pluribus Unum, and In God We Trust Inscribed words on the top of the eagle. The below portion is inscribed with 50 Dollars and 1 oz Fine Gold. Additional security features were used with a reeded edge variation.
Buy The Most Stable Bullion Gold Eagle Coins
The American Gold Eagle bullion coins have been consistently considered a stable and reliable asset among investors and collectors since its launch in 1986. However, the demand and sales kept fluctuating throughout several years of the coin’s journey.
In 1986, when the bullion Gold Eagles were first released, demand was high, exceeding 1.3 million for the 1 oz coin alone. The ½ oz, ¼ oz, and 1/10 oz coins had demand figures of 599,000, 726,000, and 912,000, respectively. The demand saw a decline during the 1980s throughout the early 1990s. The late 1990s and early 2000s got the demand at its peak, which again went towards a reduction in the mid-2000s. The onset of the Great Recession in 2008 led to a surge in mintage figures, reaching 1.49 million, 110,000, 110,000, and 270,000, respectively, from 1 oz down to 1/10 oz. Mintage figures declined until 2014, with increases in 2015 and 2016.
CanAm Bullion offers you an opportunity to have your hands on this valuable asset. We are selling American Gold Eagle bullion coins in BU (Brilliant Uncirculated) condition. These uncirculated coins have no sign of wear; however, they might have minor flaws in the coining process.
The Oz 2023 American Eagle Gold Coin | United States Mint, available in uncirculated condition, has a 2.87 mm thickness, 32.7 mm diameter, and 1 troy ounce weight.
Understanding Certification of Bullion Gold Eagle
Two authorities retain the power for grading or certification of the American Eagle gold coins: the Professional Coin Grading Service (PCGS)and Numismatic Guaranty Corporation (NGC). They use the Sheldon Numeric Scale and grade the coins between 0-70 with a detailed identification of their exact condition. Here’s how they mark the coins:
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- MS (Mint State): This means the coin stands on a score of 60 to 70.
- PF (Proof): Indicating coins crafted in a distinctive format designed to capture the attention of collectors.
- SP (Specimen): The coin’s strike type lies between MS and PF.
The coins with 70 and 60 MS/PF are the most common ones, and here is what they indicate:
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- MS/PF 70: This term is given to coins that are considered perfect with zero flaws and full, original mint lustre. Their level of perfection is investigated under a 5x magnification.
- MS/PF 69: These are very close to “the ideal coins” with the highest number of two or fewer imperfections, which may include minuscule hairlines or others. They also have their full original mint lustre.
- Early Release: The coins are termed as early release if they arrive for certification or grading within 30 days of their release date.
- First Day: This classification pertains to coins submitted for certification within 24 hours of the mint’s designated release date, requiring them to be enclosed in sealed packaging when delivered to the NGC or an authorized NGC depository.
The convenience of Buying American Gold Eagles from CanAm Bullion
If you are keen on collecting or investing in American Gold Eagles, CanAm Bullion gives you the most convenient and secure way to make a purchase. We have multiple payment options, including credit cards, Paypal, Interac E-Transfer, Wire Transfer and others. If there is confusion or query regarding investment, coin choice, or payment, we have experts ready to guide you in the right direction.
We ensure the best prices for our coins, and to guarantee that, we are open to matching the prices of competing bullion dealers in Canada. Besides that, we also provide the privilege of free shipping on orders exceeding $299.
Keeping customer satisfaction our core focus, we offer easy returns, refunds, and exchanges within 7 days on every item you buy from us.
