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The American Eagle coin is a legal tender gold bullion coin of the United States and is an easy, convenient and affordable way to add to your gold portfolio. Authorised under the Gold Bullion Coin Act of 1985 the Eagle was first issued one year later with a face value of $50 USD. The American Eagle coin is the only gold coin whose quality and purity are guaranteed by the U.S. government.
The US law dictates that the gold contained within the coin must come from sources in America.
The obverse side of the coin features a rendition of Augustus Saint-Gaudens Lady Liberty with flowing hair, holding a torch in one hand and an olive branch in the other. The reverse of the coin features a design by sculptor Miley Busiek of a male eagle carrying an olive branch to his family. The motto, “In God We Trust”, appears to the right of, and beneath, the eagle’s wing. This motto has featured on all U.S. gold coins since 1908.
The American Eagle Coin
Face Value: $50 USD
Gold Content: 1 ounce (31.104g) – Alloyed with Silver (3%) and Copper (5.33%)
Purity: 917 / 1000 (22 karat)
Gross Weight: 34.0500g
Coin Diameter: 32.7mm
First Year of issue: 1986