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The 1/10 oz American Gold Eagle is an official bullion coin issue of the United States of America. These coins claim the title of the first modern gold bullion coin to be issued as US currency and presently marks the smallest, official bullion coin of the United States.
Authorized by the Gold Bullion Act of 1985, these brilliant coins offered the opportunity for the US to compete internationally on the bullion market. Once released in 1986, collectors and bullion buyers alike flocked to purchase the Gold Eagle due to its reliability and US lineage.
The Gold Eagle is masterfully crafted in 22 karat (.9167) gold to minimize scratching. These $5 American Eagle Coins contain 0.10 oz of fine gold. Gold has served for many years as the reserve currency of the world, with many seeking out this fixed asset to store their wealth. Once the American Eagle Gold Coin became available to the world, these US coins became one of the most widely traded forms of gold bullion on the market.
Its design features the iconic engraving by Augustus Saint Gaudens. The image of Lady Liberty striding confidently forward, seemed ideal for the face of the American Gold Eagle. The design chosen for the coin's reverse also speaks to the essence of the American Spirit. The sculptor, Miley Busiek, re-establishes America as a unit with his depiction of an American Eagle family.