Homepage / Bullion Coins: U.S. Coins / 1/2 oz. American Eagle Gold
Last Updated on 07/07/2024
On July 9th, 1985, the United States Congress passed the Gold Bullion Coin Act of 1985.
The law authorized the U.S. Mint to start producing Gold American Eagle bullion coins for investors and proof and uncirculated versions for collectors.
First minted in 1986, the American Eagle Gold bullion coin is made of 22 karat Gold that must be mined from sources inside the United States.
Obverse - Type I (1986 - 2021)
Inspired by the work of sculptor Augustus Saint-Gaudens, the Saint-Gaudens Double Eagle gold coin (1907–1933) served as the model for the obverse design of the American Eagle Gold Bullion Coin.
The obverse design of the American Eagle Gold bullion coin depicts Lady Liberty with a torch (enlightenment) in her right hand, an olive branch (peace) in her left, and rays of light (God) at her back.
Liberty's hair and gown are flowing in the wind as she stands confidently on land with oak leaves (wisdom / strength) and the United States Capitol.
Inscriptions:
The Edge of the coin is reeded.
Note: From 1986 - 1991, American Eagle Gold coin had the "Year of Issue" in Roman Numerals. Since 1992, the year of issue has been numerical.
Coin Photo courtesy of the U.S. Mint
Reverse - Type I (1986 - 2021)
Symbolizing American tradition and unity, the reverse side of the American Eagle Gold bullion coin depicts a family of bald eagles designed by Miley Busiek (now Miley Frost).
Miley's design depicts the father eagle returning to his family's nest with an olive branch (peace) in his talons. The mother bald eagle protects her eaglets sitting in the nest, which is comprised of olive branches (symbolizing peace through the strength of the family).
Inscriptions:
Note: All American Eagle Gold bullion coins have no mint mark. Only the Collector's Proof and Collector's Un-Circulated Versions of the American Gold Eagle coin have a mint mark on the reverse side.
Coin Photo Courtesy of The U.S. Mint
2021 - Present
Coinciding with the American Eagle Bullion Coins 35th Anniversary, the United States Mint announced that the American Eagle Gold and Silver bullion coins will undergo design improvements on their obverse sides and complete changes on their reverse sides.
The U.S. Mint received 39 images, seen here, for final approval of the American Eagle Gold bullion coin's reverse design, the design below was the one chosen.
The image below from the U.S. Mint displays all the new features of the American Eagle Gold - type II (click image to enlarge).
In addition to the new reverse design, they've enhanced many aspects of the coin and removed a reed from its edge to deter counterfeiters. Note: Only the 1oz. American Eagle gold bullion coins have the missing reed.
The United States Mint introduced new designs for the reverse sides of the American Eagles Gold and Silver bullion coins in 2021.
Note: the Bullion Version of the American Gold Eagle does not have a "Mint Mark" on its reverse side, unlike the Proof and Uncirculated Versions of the coin.
Inspired by the work of sculptor Augustus Saint-Gaudens, the Saint-Gaudens Double Eagle gold coin (1907–1933) served as the model for the obverse design of the American Eagle Gold Bullion Coin.
The obverse design of the American Eagle Gold bullion coin depicts Lady Liberty with a torch (enlightenment) in her right hand, an olive branch (peace) in her left, and rays of light (God) at her back.
Liberty's hair and gown are flowing in the wind as she stands confidently on land with oak leaves (wisdom / strength) and the United States Capitol.
Inscriptions:
Note: To stay true to the original design of the 1907 Double Eagle, which had only 46 stars encircling Liberty representing the 46 states that made up the United States at that time. The U.S. Mint decided to put only 46 stars on the obverse side of the Type II American Eagle Gold bullion coins.
Coin Photos Courtesy of The U.S. Mint
The reverse side reveals a detailed profile of the majestic American bald eagle in the design of the type II American Eagle Gold bullion coin.
Inscriptions:
The Edge of the coin is Reeded.
Coin Photos Courtesy of The U.S. Mint
Introduction:.........................1986
IRA Approved:........................Yes
Grade:...................................Uncirculated
Face Value:...........................$25 US
Karat:...................................22 Karat
Composition:.........................91.67% Gold, 3.0% Silver, 5.33% Copper
Weight in Gold:......................1/2 troy oz. / 15.55 grams
Total Weight:.........................0.5455 troy oz / 16.966 grams
Diameter:..............................27.00mm / 1.063 inches
Thickness:.............................2.15mm / 0.085 inch
Obverse Designer (Type I):.....Augustus Saint-Gaudens (1986-2021)
Reverse Designer (Type I):.....Miley Busiek (now Miley Frost) (1986-2021)
Reverse Engraver (Type I):.....Sherl "Joseph Winter" (1986-2021)
Obverse Designer (Type II):....Augustus Saint-Gaudens (2021 - Present)
Reverse Designer (Type II):....Jennie Norris (2021-Present)
Reverse Engraver (Type II):....Renata Gordon (2021-Present)
Mint Mark:.............................No
Minted:.................................West Point
Edge:...................................Reeded
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Notice
Year Year Dated Coin
Mintage Annual Sales
1986..............599,566..............................486,500
1987..............131,255..............................198,000
1988................45,000...............................48,000
1989................44,829...............................62,000
1990................31,000...............................33,000
1991................24,100...............................39,000
1992................54,404...............................50,800
1993................73,324...............................72,000
1994................62,400...............................64,000
1995................53,474...............................52,000
1996................39,287...............................42,000
1997................79,605...............................74,500
1998...............169,029.............................182,000
1999...............263,013.............................251,000
2000.................79,287..............................60,000
2001.................48,047..............................57,000
2002.................70,027..............................72,000
2003.................79,029..............................76,000
2004................ 98,040.............................105,000
2005.................80,023..............................96,000
2006.................66,005..............................42,000
2007.................47,002..............................50,000
2008.................61,000..............................50,000
2009................110,000............................110,000
2010.................81,000..............................46,000
2011.................70,000..............................65,000
2012.................43,000..............................71,000
2013.................57,000..............................58,000
2014.................35,000..............................46,000
2015.................78,000..............................75,000
2016.................71,000..............................74,000
2017.................*to be announced...............37,000
2018.................*to be announced...............32,000
2019.................*to be announced...............30,000
2020.................*to be announced...............70,000
Type I
2021.................*to be announced...............31,000
Type II
2021.................*to be announced...............65,000
2022.................*to be announced...............75,000
2023.................*to be announced...............102,000
2024.................*to be announced...............33,000
Mintage Figures Last Updated on 07/07/2024
*Official "Year Dated" Mintage Figures have not been released
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