The 1 oz. American Gold Eagle, first released in 1986, is an official gold coin of the United States government. Based off of and inspired by Augustus Saint-Gaudens’ 1907 $20 Gold Double Eagle, showing a proud Lady Liberty amidst the suns rays. The reverse of the coin features Miley Busiek’s design depicting a male bald eagle in flight carrying an olive branch to his nest, where a female awaits with her young.
American Gold Eagles are only produced and are 22 karat or “crown gold”. Each 1 oz. Gold Eagle contains one full troy ounce of gold as well as additional alloy metals to make the asset more durable. The United States guarantees American Eagles’ gold content, weight, and purity. This, coupled with American Eagles recognizability the world over make it one of the most traded gold bullion assets across the globe.
American Gold Eagles are legal tender for all debts public and private and are an unhedged asset, meaning they are minted in unlimited quantity to meet market demand.