Description
The American Gold Eagles introduction in 1986 was a defining moment for the United States Mint. Most of the nations gold coining history included a purity level of .900 for its circulation coins. In 1834, the federal government lowered the gold standard in coins from 22-karat crown gold to a flat .900, with all coins in circulation after 1837 boasting .900 gold only.
Gold Eagle coins have 22-karat gold content that consists of 91.67% pure gold, 3% silver, and 5.33% copper. The 1986 release of the Gold Eagle marked the first time in more than 150 years that new coins were produced with this level of purity in the US.
On the obverse of 2020 1 oz American Gold Eagle Coins is the image of Lady Liberty. This iconic design was in circulation on the $20 Gold Double Eagle coin from 1907 to 1933 and was created by Augustus Saint-Gaudens. It is considered by many to be the greatest American coin design of the 20th century.
