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Mint Michael
Wednesday, February 16th, 2011
American Eagle Gold Bullion Coins – Learn and Invest
“Liberty”, as depicted by Augustus Saint-Gaudens, was released 1986 by the United States Mint and this American Eagle Gold Bullion Coin continues to be a first choice for thousands of investors and collectors.
By law, these coins must be manufactured from sources within the United States. No foreign gold can ever be used in the process according to the Gold Bullion Coin Act of 1985 and by the United States Congress.
American Eagle Gold Bullion Coins have additional metallic properties such as silver and copper. These are added to make the coin more wear-resistant. The coin is at a standardized .9167-fine (22 carats). This was ‘crown gold’ English standard for gold coins and until 1834 it was standard for the American gold coin.
On the face of the coin is Lady Liberty. It is an interpretation of Augustus Saint-Gaudens depicting a woman with flowing hair, holding an olive branch with her left hand and a torch in her right. The outer edge of the coin is circled by tiny stars and in the left background is the Capitol building. Augustus Saint-Gaudens is known for creating what is considered to be the most beautiful American coin ever issued, the 1905-1907 twenty-dollar “double eagle” gold piece.
Between 1986 and 1991 Gold Eagles were minted showing the date in Roman numerals. Then in 1992, The United States Mint switched from Roman numerals to Arabic numbers. A “proof version” of certain coins that were printed at the West Point mint as collectors’ items display a “W” mark just below the date.
American Eagle Gold Bullion Coins are produced in 1/10 oz, ¼ oz, ½ oz and 1 oz denominations. The coin’s value is equal to its gold content and not the face value. July of 2010 proved just that. $5, $10, $25, and $50 coins commanded an astonishing $145, $325, $650, and $1,250 in United States dollars. Investors and collectors carefully watch the market daily as the price of gold rapidly fluctuates.
Gold and Silver Investment and Collector Coins and Bullion at Coins-of-Value.com
About the Author
Gold and Silver Investment and Collector Coins and Bullion at http://coins-of-value.com
Caroline Michaels’ blogs and articles focus on product reviews, news, and consumer education. In addition to authoring and publishing, Caroline is an Internet Marketing entrepreneur, and business consultant.
carolinemichaelswriter@gmail.com
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