Gold American Eagle Coin 1oz
The beauty and power of America, captured in the graceful Striding Liberty is the basis for the Gold American Eagle coin. In 1985, Congress enacted the Gold Bullion Act and the U.S. Mint started producing it in 1986. Soon thereafter, the American Eagle Bullion coin became one of the most popular gold coins with investors in the United States. This is because the Gold Bullion Act stipulated that the gold used to produce this specific coin came from newly mined sources found within the United States.
The obverse side of the American Eagle coin depicts Lady Liberty striding from the coin and this was the work of Augustus Saint-Gaudens, who was famous for the design he produced for the Double Eagle commissioned by President Theodore Roosevelt in the early 20th Century. The obverse side features the stunningly majestic American Eagle flying and also nested with its eaglets.
The 1 oz Gold American Eagle has a legal tender face value of $50. The quality and purity are guaranteed by the U.S. government, and by law, only gold mined in The United States is used in the minting of American Gold Eagles.
The Gold American Eagle is offered in four sizes: 1 oz., ½ oz., ¼ oz. and 1/10 oz. It is to be noted that the 1986 to 1991 mintages boast Roman numeral dates while Western numeral dates were used on successive mintages. The Gold American Eagle coin, because of its high quality, can be placed in a Gold IRA.