Homepage / Bullion Coins: U.S. Bullion / 1 oz. American Eagle Gold
Updated on 03/15/2024
On July 9th, 1985, the United States Congress passed the Liberty Coin Act.
The law authorized the U.S. Mint to start producing Gold and Silver 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 Photos Courtesy of SD Bullion
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 Photos Courtesy of: The US Mint
2021 - Present
Coinciding with the American Eagle Bullion Coins 35th Anniversary, the United States Mint announced that several design changes were coming to the Mint’s two best-selling coin programs.
The announcement stated that the American Silver Eagle and American Gold Eagle bullion coins were going to receive design enhancements on their obverse sides and complete design changes to the coin's reverse side.
These 39 images, seen here, were provided to the U.S. Mint for final approval of the gold eagle's final design; the reverse design below was the one chosen.
The United States Mint introduced new designs for the reverse sides of the American Silver Eagles and American Gold Eagles in 2021.
The proof, uncirculated, and bullion versions of the American Eagle Gold coin received these changes.
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 on both sides of the coin and removed a reed on its edge to deter counterfeiters.
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:
The edge of the coin is reeded with one missing reed to deter counterfeiting.
Coin Photos Courtesy of SD Bullion
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:
Coin Photos Courtesy of SD Bullion
Introduction:.............1986
IRA Approved:...........Yes
Grade:.......................Uncirculated
Face Value:...............$50 US
Karat:.......................22 Karat
Total Weight:.............1.0909 troy oz. / (33.931 grams)
Composition:.............91.67% Gold, 3.0% Silver, 5.33% Copper
Weight in Gold:..........31.10 grams
Diameter:..................1.287 inches / (32.70mm)
Thickness:.................0.113 inch / (2.87mm)
Type I - Designers:.....Augustus Saint-Gaudens, Miley Busiek (1986-2021)
Type II - Designers:...Renata Gordon, Jennie Norris (2021-Present)
Mint Mark:.................No
Minted......................West Point
Edge:........................Reeded
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Year Year Dated Coin
Mintage Annual Sales
1986..............1,362,650..........................1,312,500
1987..............1,045,500..........................1,028,500
1988.................465,500............................494,000
1989.................415,790............................426,000
1990.................373,210............................405,000
1991.................243,100............................204,000
1992.................275,000............................326,000
1993.................480,192............................439,000
1994.................221,663............................243,500
1995.................200,636............................226,000
1996.................189,148............................194,500
1997.................664,508............................661,500
1998..............1,468,530..........................1,518,500
1999..............1,505,026..........................1,511,000
2000.................433,319..............................94,000
2001.................143,605.............................245,000
2002.................222,029.............................239,500
2003.................416,032.............................405,500
2004.................417,019.............................437,000
2005.................356,555.............................351,500
2006.................237,510.............................201,500
2007.................140,016.............................147,500
2008.................710,000.............................794,000
2009..............1,493,000...........................1,315,500
2010..............1,125,000...........................1,143,000
2011.................857,000.............................910,000
2012.................675,000.............................667,000
2013.................758,500.............................743,500
2014.................425,000.............................415,500
2015.................594,000.............................626,500
2016.................817,500.............................817,500
2017................*to be announced.................228,500
2018................*to be announced.................191,000
2019................*to be announced.................108,000
2020................*to be announced.................747,500
Type I
2021................*to be announced.................456,500
Type II
2021................*to be announced.................665,500
2022................*to be announced.................850,000
2023................*to be announced.................924,000
2024................*to be announced.................110,000
Updated on 3/15/2024
* official "Year Dated" Mintage Figures have not been released
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