American Eagle 1 oz $50 Gold Coin History:
First released by the United States mint in 1986, the gold American Eagle was the first modern bullion coin to be authorized by the United States congress and they are the official gold bullion of the United States of America.
The obverse of the coin, originally designed by Augustus Saint-Gaudens for the country's $20 gold piece minted from 1907 to 1933, carries the image of a full length figure of Lady Liberty holding a torch in her right hand and an olive branch in her left.
In 2021 the reverse side of the coin was changed to a simple portrait of an eagle (Type 2). Earlier years the reverse side bore the image of a male bald eagle carrying an olive branch, flying towards his mate in a nest with their hatchlings (Type 1). The coins in this listing may contain any mix of Type 1 and Type 2 1 ounce gold American Eagle coins.
The one-ounce gold American Eagle has a diameter of 32.7mm, a thickness of 2.87mm, a total weight of 1.0909 troy ounces (or 33.931 grams), contains one troy ounce of pure gold, and has a face value of $50.
The American Gold Eagle Half oz is one of the most popular small bullion choices in the United States. The American Gold Eagle bullion coins are minted in four sizes (1 oz, ½ oz, ¼ oz and 1/10 oz). This listing is for the 1 oz American Eagle gold bullion coins.
$50 American Eagle 1 oz Gold Coin Details:
- 22 karat gold
- Thickness 2.87 mm
- Diameter 32.7 mm
- Obverse: Features a the original design of St Gaudens, a female Liberty to represent victory, with a torch in one hand to show enlightenment, and an olive branch in the other to show peace as she marches over a rocky outcrop with the sun’s rays coming from below. The word “Liberty” overhead, surrounded stars to represent the states of the US.
- Reverse: Created by U.S. Mint Artistic Infusion Program (AIP) designer Jennie Norris and sculpted by Mint Medallic Artist Renata Gordon, a portrait of an eagle is found on the new reverse design. Surrounding inscriptions include "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," "IN GOD WE TRUST," the artists’ initials, the coin’s legal tender face value, and the coin’s precious metal weight.