Gold American Eagle coins are struck by the United States Mint each year in three different versions. The bullion and proof coin have existed since the program’s introduction, while the uncirculated coin wasn’t introduced until 2006. Right now, you have the chance to purchase one of the early coins in the series from Silver.com, with the 1987-W 1 oz Proof Gold American Eagle now on sale.
Coin Highlights:
- Only 1,303 coins exist in this grade!
- Actual gold content of 1 troy ounce.
- Bears a $50 (USD) face value backed by the US government.
- Graded a perfect PF70 by the Numismatic Guaranty Corporation.
- Available in an ultra-cameo finish.
- Ships in an NGC plastic slab for protections.
- “W” mint mark identifies West Point Mint as the point of origin.
Congress authorized production of the Gold American Eagle coin in 1985 with passage of the Gold Bullion Coin Act. Each year, the US Mint produces these coins in four different weights: 1 oz, ½ oz, ¼ oz, and 1/10 oz. Each coin has a face value corresponding to its weight, with the exception of the ¼ oz coin.
Each of the Proof Gold American Eagles available in this product listing was deemed perfect by the NGC. A coin in perfect condition has its full, original luster and no blemishes, contact marks, detracting flaws, or hairlines. The ultra-cameo designation identifies the finish on these coins as strong and frosted on the design, with the background field highlighted by a deeply-mirrored, clear appearance.
Augustus Saint-Gaudens’ iconic Lady Liberty image is featured on the reverse. He created the design in 1908 at the request of President Theodore Roosevelt, who was seeking his help in revamping American coin design. The reverse features the image of a bald eagle flying over its nest with an olive branch in its talon. The image was created by sculptor Miley Busiek.
If you have any questions for a Silver.com associate about these US Mint products, don’t hesitate to ask. Our associates are available on the phone at 888-989-7223, online using our live web chat, and via email.
