For the fourth year in a row, the Gold American Eagle coin series experienced a dip in both demand and mintage for the gold coins. In just five years of availability, the program had shed more than one million coins in annual demand, falling from 1.36 million in 1986 to just 373,000 by 1990. Today, the 1990 1 oz Gold American Eagle Coin is available to you online at Silver.com.
- Ships to you in protective plastic.
- Fifth release in the American Gold Eagle bullion series!
- Mintage limited to 373,210 coins only!
- Consists of One Troy ounce of actual gold content in BU condition.
- Face value of $50 (USD) is fully backed by the US government.
- Augustus Saint-Gaudens’ iconic Lady Liberty on the obverse.
- Miley Busiek’s family of bald eagles on the reverse.
The rising fortunes of the 1/10 oz coin and sinking fortunes of the 1 oz Gold Eagle were on display again in 1990. With the nation’s economy improving and gold prices stagnant, demand for the full ounce coin was only 163,000 higher than the increasingly popular 1/10 oz version of the gold bullion coins.
Each of the 1990 1 oz Gold American Eagle Coins in this listing is available to you in BU condition. Coins in BU condition feature no signs of wear and tear, though you may notice minor flaws ranging from breaks in the luster and spotted surfaces to contact marks from the production process at the mint.
On the obverse of all American Gold Eagle coins is Saint-Gaudens’ 1907 depiction of Liberty. First used on the $20 Gold Double Eagle from 1907 to 1933, this design of Liberty is considered the most popular in American history and was revived and modernized for use on the American Gold Eagle in 1986.
The reverse of the 1990 1 oz. American Gold Eagle coin includes the image of a family of nesting bald eagles. A female eagle watches carefully over the nest full of hatchlings, while a male eagle is shown flying overhead.
Gold prices throughout 1990 were relatively stagnant once again, showing little strength compared to the mid-1980s. Gold ranged from a low of $345.85 per ounce to a high of $416,83, but that high was largely a blip in the radar. The cumulative average of gold per ounce throughout the year was $383.51 per ounce and it closed the year at $392.75 per ounce.
Please don’t hesitate to contact Silver.com if you have questions. Our customer service team is available to you on the phone at 888-989-7223, online using our live web chat feature, and via our email address.