The Gold American Eagle has been available since 1986, and the bullion version of the coin has experienced drastic ebbs and flows in demand during more than 30 years of availability from the United States Mint. The early 1990s were dominated by sinking demand and mintage for the Gold Eagles. Today, the 1991 oz Gold American Eagle Coin is available to you online at Silver.com.
- Ships to you in protective plastic.
- Sixth release of Gold American Eagle bullion coins!
- Mintage limited to 243,100 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.
- Obverse features Augustus Saint-Gaudens’ iconic Liberty design.
- Reverse includes the American bald eagle design from Miley Busiek.
Mintage for the Gold American Eagle sank drastically in 1991 compared to 1990. Years of dropping demand continued, with 1991 coins struck at just 243,000 in total, down more than 100,000 coins from the year before when the 1990 coins had a mintage of 373,210. The 1991 1 oz Gold American Eagle coin’s sinking demand marked five consecutive years of shrinking mintage.
The 1991 1 oz Gold American Eagle Coin in this listing is in BU condition. Coins in BU condition show no signs of wear and tear, however, you will also find minor detracting flaws ranging from breaks in the luster and spotted surfaces to contact marks from the production process at the mint.
Augustus Saint-Gaudens’ Liberty design appears on the obverse of the 1991 1 oz Gold American Eagle Coin. It features a depiction of Lady Liberty in her full-length figure with a torch held high in her right hand to light the way and the olive branch of peace included on her left hand.
The reverse side of all Gold American Eagle coins includes the image of a family of nesting bald eagles. This particular design was created in 1986 by Miley Busiek for use on the Gold American Eagle coins. It features a grouping of American bald eagles, with a male flying over the top, and a female guarding the nest which contains a grouping of hatchlings.
1991 was a rough year for the gold market. Though the price of gold per ounce spiked above $400 in January, the rest of the year saw prices sit between $350 and $370 per ounce, finishing with a cumulative average for the year of just $362.11.
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