Gold American Eagle coins celebrate a major milestone in 2016, as the United States Mint honors 30 years of continuous production for the nation’s official bullion coin. The Gold American Eagle is an immensely popular bullion product, which is also available in proof and burnished versions. The 2016 ¼ oz Gold American Eagle is currently available on Silver.com in perfect condition.
- 30th anniversary of the Gold American Eagle.
- Ships to you in a protective plastic slab courtesy of the PCGS.
- Consists of a true gold content of one-quarter troy ounce.
- Issued a face value of $10 (USD) by the United States government.
- Earned a perfect grade of Mint State 70 from the Professional Coin Grading Service (First Strikes).
Congress authorized the production of a gold bullion coin for the federal government with passage of the Gold Bullion Coin Act of 1985. The legislation authorized the United States Mint and Treasury Department to strike a bullion and proof version of the coin in four different weights; 1 oz, ½ oz, ¼ oz, and 1/10 oz.
The Gold American Eagle broke with traditional minting standards at the US Mint when it was introduced. AT this point in history the US Mint had not struck a coin in anything greater than .900 gold fineness since 1837. The Gold Eagle was the first 22-karat gold coin struck in the United States in nearly 150 years.
Right now, the 2016 ¼ oz Gold American Eagle is available to you with a perfect certification of MS 70 from the PCGS. Coins in this condition have full mint luster, and you’ll find no detracting flaws such as blemishes, contact marks, or breaks in the luster anywhere on the coin’s surface.
On the obverse is the image of Lady Liberty created in 1907 by Augustus Saint-Gaudens. Originally used on the $20 Gold Double Eagle, this image was in circulation on that coin till 1933. The reverse bears the depiction of a family of nesting bald eagles created by Miley Busiek, and used exclusively on the Gold American Eagle.
If you have any questions, please don’t hesitate to reach out to Silver.com. Our associates are available at 888-989-7223, online using our live web chat feature, or by sending us an email with your questions.