The Gold American Eagle coin series made its debut in 1986 as a brand-new gold bullion offering from the United States Mint. These coins were available at the time in both bullion and proof versions, though only the bullion coins featured four available weights in the inaugural release. Right now, 1986 1 oz Gold American Eagle Coins are available to purchase online at Silver.com.
- Individual coins ship in plastic flips, multiples of 10 – 20 ship in tubes.
- First-ever coin in the Gold American Eagle collection!
- Mintage limited to 1,362,650 coins only!
- Consists of One Troy ounce of actual gold content in BU condition.
- Bears a face value of $50 (USD) by the United States.
- Obverse includes the image of Liberty by Augustus Saint-Gaudens.
- Reverse bears the design of a family of bald eagles.
Each of the 1986 Gold American Eagle 1 oz coins in this product listing is available in BU condition. Coins in this condition exhibit no signs of wear and tear, though you may notice a range of minor flaws including breaks in the luster, spotted surfaces, and contact marks from the coining process.
Demand for the inaugural release of the Gold American Eagle bullion coin series shot out to 1.3 million coins in total. This figure would remain the highest mintage year until 1998 and 1999 when production hit 1.4 and then 1.5 million, respectively. Still, to this day the inaugural Gold Eagle release remains the fourth-highest mintage in program history.
On the reverse of all 1986 1 oz Gold American Eagle coins, you’ll find the design of a family of bald eagles at their nest. Created in 1986 specifically for the Gold American Eagle by Miley Busiek, this depiction includes a male bald eagle returning to the nest with an olive branch while the female closely guards the young hatchlings.
The obverse of all 1986 1 oz Gold American Eagle coins features a modified version of Saint-Gaudens’ original Liberty image. Changes made to the coin for this release include the addition of two stars around Liberty’s figure to represent the additions of Hawaii and Alaska into the Union following World War II.
The spot price of gold in 1986 was vastly different than today. Gold started the year around $326.30 per ounce, rising as high as $438 per ounce in September before settling at $396.13 to close the year.
If you have any questions about these Gold Eagles, please don’t hesitate to ask. Silver.com customer service is available at 888-989-7223, online using our live web chat, and via our email address.