(as of Apr 29,2021 03:48:31 UTC – Details)
In 1985 the “Gold Bullion Coin Act” was signed by former President Ronald Reagan to regulate the production and set the value, dimensions and design of the bullion series. The gold used in the minting of the coins was required to originate from newly mined domestic sources.
Shortly after, in 1986, the gold eagle bullion series was introduced by the United States Mint to honor independence and celebrate freedom, becoming a viable alternative to other international gold bullion series popular at the time – South African Krugerrand and Canadian maple.
Made of 91.67% pure gold, the American gold eagle holds a legal tender value backed by the United States Government in four different denominations: $50, $25, $10 and $5 (1 oz, 1/2 oz, 1/4 oz, and 1/10 oz), respectively.
The obverse features an adaptation of famous Augustus Saint-Gaudens’ gold eagle design with Lady Liberty walking with confidence against the sun’s ray surrounded by fifty stars, symbolizing the unity of the fifty states, the enlightenment and hope that freedom represents and the importance of embracing peace to enrich ourselves with the hopes of a brighter life.
The reverse depicts Miley Busiek’s design of a male bald eagle in flight carrying an olive branch to his nest as a female guards the eaglet with her wing. The engraved design symbolizes essential family values, the importance of protecting your loved ones, exuding trust, and honesty to ensure a prosper future.
Mint State Gold is proud to offer you this 2007 1/10 oz gold American eagle in MS70 condition, certified by “Professional Coin Grading Service” (PCGS). This preserved piece of history holds a face value of five dollars.
Past heroes have giving us the fortune to access Earth’s natural riches with their brave legacy, now transformed into timeless and historical investments.
Metal Content: 0.1091 Troy Ounce
You will receive one coin per purchase
Diameter: 16.50 mm; Thickness: 1.19 mm
Stock Photo; Image is indicative of quality