3/28/11

The American Eagle Gold Coin

The American Eagle Gold Coin is the official gold coin of the United States, as authorized by the Gold Bullion Act of 1985. In 1986, this American Gold Eagle was released by the United States Mint, instantly becoming a highly sought-after addition to the collections of numismatists worldwide.



The design on the front or obverse side shows a picture of Lady Liberty with her hair blowing in the wind. She is holding a torch in her right hand and in her left hand she is holding an olive branch. The edge of each coin is ridged, with stars circling the entire perimeter of the coin with the exception of the lower left hand corner where you can see the Capital building. Behind the magnificent rendition by Augustus Saint-Gauden, you can see rays emanating from the bottom upward.

The reverse side was done by a sculptor named Miley Busiek. You can see a male eagle carrying an olive branch in its talons, landing near the mother eagle's nest with her young. At the top above the male eagle in all capital letters are the words UNITED STATES OF AMERICA. Under the male eagles tail is the Latin phrase E Pluribus Unum; and just to the right of the female eagle's head is the American phrase IN GOD WE TRUST. Below the nest will be the amount of troy ounces and the face value of the coin. So you can see why the American Gold Eagle is one of the most beautiful coins in the U.S. Mint.

It is available in 1/10, 1/4, 1/2 and 1 ounces of gold, carrying denominations of $5, $10, $25 and $50, respectively. It is specified by law that the American Eagle Gold Coin must be produced by gold from sources exclusively found in the United States.

Gold Eagles provide an added value for your investment dollar in that they may also be utilized as government approved IRA (Individual Retirement Accounts) investments. As the U.S. government also provides the guarantee of each coins weight and precious metal content, American Gold Eagles provide a relatively safe and stable long-term investment strategy to a diversified portfolio of IRA assets.

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