America’s official gold bullion product is the Gold American Eagle coin. Introduced in 1986, this gold bullion coin is available in four weights with three stunning versions: bullion, proof, and uncirculated. Bearing the most beloved American coin design on its obverse, Gold American Eagle coins are a favorite of numismatists and investors. The 2005 1 oz Gold American Eagle is available to you today online at Silver.com.
- Ships to you in a protective flip.
- 20th release of the American Gold Eagle coin!
- Mintage limited to 356,555 coins only!
- Consists of One Troy ounce of actual gold content in BU condition.
- Issued a face value of $50 (USD) by the United States.
- Obverse face of all coins includes Liberty created by Augustus Saint-Gaudens.
- Reverse depicts the American bald eagle family designed by Miley Busiek.
The Gold American Eagle bullion coin entered another downward trend in the early 2000s. After the economic turmoil of Y2K and the uncertainty following the terror attacks of 9/11, the American economy improved and though gold prices were rising, demand for the Gold American Eagle was sinking.
With a total mintage of 356,555, the 2005 1 oz Gold American Eagle coin was the second year in a four-year tailspin that would see the coin’s mintage drop from its all time high of 1.5 million in 1999 to a historic low by 2007. It wasn’t all bad news though. While the 1 oz and ½ oz coins dropped, the ¼ oz and 1/10 oz coins gained mintage.
On the obverse of the Gold American Eagle is Augustus Saint-Gaudens’ iconic design of Liberty. She is featured with hair and robe flowing free as she holds the torch of liberty aloft in her right hand for a guiding light as she marches confidently forward from the nation’s capital.
The reverse of all 2005 1 oz Gold American Eagle coins includes Miley Busiek’s exclusive design of the bald eagle family. Used only on the Gold Eagle coin series, this image features a male flying over the nest which houses a group of hatchlings watched closely by a powerful female eagle.
During 2005, gold achieved an annual gain of more than 20%. After trading in a close range for the first half of the year, gold prices shot above $500 per ounce during the second half, rising from an opening price of $427.75 in January to a closing price of $513.00 per ounce in December.
These Gold Eagles are in BU condition. Coins in this condition show no signs of wear and tear, but you may notice minor flaws such as breaks in the luster, spotted surfaces, or contact marks from the striking of blanks.
We encourage Silver.com customers to reach out to us with any questions. Our customer service team is available at 888-989-7223, chat with us live online, or simply send us an email with your inquiries.