The Modern Gold Bullion Family of Coins – Part 5
The American Eagle of the United States of America (USA)
This member of our ‘Bullion Coin Family’ is the American Eagle.
Produced by the United States Mint. The American Eagle is the official bullion coin of the USA. Its production was authorised under the “Gold Bullion Act of 1985” and was first released by the US Mint in 1986.
The 1oz gold Eagle coin is struck in 22 carat gold (916.7) and contains 31.10 grams of pure gold.
The Gold American Eagle bullion coin is only available in four sizes : 1 oz, 1/2 oz, 1/4 oz, 1/10th oz.
The Eagle coin pays tribute to two of the most well-known images of the United States of America. The obverse side of the coin features the traditional “Walking Liberty” design, based on the world famous Statue of Liberty. The other side features a soaring eagle carrying an olive branch. Incidently, the Walking Liberty design, by Adolph A. Weinman has been used on US currency since 1916 and was originally used on the half dollar coin.
The United States Mint has four sites across the country, but the Philadelphia Mint is the main mint location. Other sites are : Denver, San Francisco and West Point. The Bullion Depository at Fort Knox is also part of the US Mint System.
If you would like to see more of the collector’s coins and bullion issued by the United States Mint, then their website is : http://www.usmint.gov
See how the American Eagle coin is made, watch this short video (2 mins) https://youtu.be/27B1N23jzKc