There were also two conditions minted, brilliant uncirculated and proof (although the proof condition was only offered in 1 oz increments at first). This resulted in the American Gold Eagle containing the 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz in sizes. When the Gold Bullion Act of 1985 was passed, the legislation demanded that there would be four weight sizes offered and two different types of coins minted. The American Gold Eagles are the first gold coins to be minted since 1933, in the United States. Saint-Gaudens was exclusively picked by president, Theodore Roosevelt, to design an image that would be a part of US history, while also reinvigorating US gold coinage. The obverse follows the artistic design created by Augustus Saint-Gaudens, for the $20 Gold Double Eagles, issued from 1907-1933. The American Gold Eagle is the United States' official gold bullion coin and remains an homage to one of the most influential gold coins in the nation's history. Compared to other gold bullion coins, the American Gold Eagle is a larger and stronger coin. The American Gold Eagles are 22-karat pure, containing an alloy of silver and copper lending to the coin's resistance to wear. In order to preserve the crispness of the strike, the US Mint throws out the dies every year, and makes brand new ones for the succeeding year. The first American Eagle was released in 1986 and was offered in sizes of 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz.Īmerican Gold Eagles are produced annually, by the US Mint, and carry the same design year after year. Ronald Reagan signed the bill into action, forever changing the US precious metals industry. Since the passage of the Gold Bullion Act of 1985, the American Gold Eagle Bullion coins have been diligently produced each year.

One Ounce Uncirculated American Gold Eagles

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