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The history of Gold American Eagles
The gold american Eagle coin has a fat and colorful history. The mod coins are fashioned after the designs of celebrated artist and sculptor Augustus Saint-Gaudens which were used on the Gold Double Eagle from 1907 to 1933. The redesign of the mint was issued by President Theodore Roosevelt after his desire for more beautiful american neologism. This led to the purpose recognized and revered today by many to be the most beautiful american mint ever minted. The obverse of the coin features Lady Liberty who represents victory. She is holding a torch to symbolize enlightenment and an olive branch to represent peace. She is backed by sunrays and the United States Capitol. The rearward of the coin feature a male and female bald eagle with their young to represent family, intensity, and patriotism.
Coins minted from 1986 through 1991 are dated with Roman numerals whereas every 1 oz gold american Eagle minted after 1992 is branded with Arabic numerals. These Gold bullion coins are available in multiple sizes including 1/10 troy oz, 1/4 troy oz, 1/2 troy oz and 1 troy oz. Each firearm is identical in design save the markings on the reverse side of the mint that indicate its burden and face value.
In 1933, because of the Great Depression, the United States politics made it illegal for citizens to hold monetary Gold. Citizens were required to sell their Gold certificates, coins, and bullion to the U.S. Treasury save a few exceptions including jewelry and numismatic coins. In 1975, private possession of Gold was again made legal and in 1986, American mints began to make bullion coins. pursuant to the Gold Bullion Coin Act of 1985, these coins are made entirely from american Gold.
The coin is minted at the West Point Mint in New York. The mint deals in large amounts of cute Metals and is responsible for striking all proof and uncirculated american Eagles in Gold, Silver, and Platinum deoxyadenosine monophosphate well as all Gold commemorative coins.