![]() ![]() Economic uncertainty following the 2008 recession led to a revived public interest in bullion as a form of economic hedge. If you’ve been following our articles on American coinage, this latter spike should come as no surprise. Notable spikes in mint volumes occurred two main times, once in 1998 and again in 2008. coin is marked by an impressive level of consistency. Mint released only 1 Oz versions of the uncirculated American Gold Eagle. While the coins enjoyed solid runs from 2006-2008 and included 1/10, ¼, ½, and full 1 Oz versions, the mint suspended the project in 2009 and returned with severely diminished volumes in 2011. Mint finally began releasing uncirculated versions of the coin. Mint to introduce both a 1/10 Oz and ¼ Oz variation.īullion versions of the popular coin have always included 1/10, ¼, ½, and full 1 Ounce variants. By 1988, public interest in fractional denominations had grown sufficiently for the U.S. In 1987, the selection was expanded to include a ½ Oz version. The coin’s proofs were first minted only in the original 1 Troy Ounce variant. The American Gold Eagle has been minted once each year since 1986, and it has long been the most popular gold coin coming out of the U.S. While the eagle no longer greets us in full majestic flight, this new design features an exceptionally detailed close-up rendering of America’s bird. The new reverse of the American Gold Eagle features the profile of a Bald Eagle. While Busiek’s design remained the feature of the American Gold Eagle from 1986 to 2021, sculptor Renata Gordon’s work will be featured on the upcoming Type 2 variants of the classic coin. The major change from Type 1 to Type 2 involves this design. This design is far more recent than the ‘Walking Liberty’ sculpting of the obverse artist Miley Busiek designed this scene specifically for the American Gold Eagle in 1986. This side of the coin also features the official motto of the United States, E Pluribus Unum. He carries an olive branch in his talons and approaches a female and a baby Bald Eagle. The reverse-side design of the Type 1 American Gold Eagle depicts a male Bald Eagle flying toward a branch. Saint-Gaudens’ classic ‘Walking Liberty’ design has been a favorite of American coin collectors for decades. The original obverse design was created in 1907 by Augustus Saint-Guadens, an American sculptor well-known for his artwork on popular American coinage. Mint officially announced the long-anticipated release of its Type 2 designs. The American Gold Eagle remained true to its original designs until 2021, when the U.S. Lady Liberty holds two items in her hands: an olive branch in her left and a torch in her right. The obverse of the coin depicts Lady Liberty as she walks away from a sunset in front of the U.S. Mint has continuously produced these coins for over thirty years, beginning in 1986. 9167 pure gold, the American Gold Eagle is the official gold coin of the United States. Keep reading to learn everything that a responsible bullion consumer needs to know about the differences between Type 1 and Type 2 American Gold Eagle Coins. The main differences between these coins are visual, while one major shift in the reeding provides added security. There’s no need to be concerned about the amount of gold you’ll get with a Gold Eagle purchase both the Type 1 and the Type 2 are struck with 1 Troy Oz. But consumers from 2021 and onward need to make an important decision: which Gold Eagle Type should you buy? Luckily, we’ve done the research to bring our readers a comprehensive guide to the main differences between the Type 1 and Type 2 variants of the American Gold Eagle Coin.ĭifferences between the Type 1 and the Type 2 Gold Eagle can be broken up into two main categories: aesthetic and security changes. For decades, the Gold Eagle was only available in one design. The Mint released new models for both the Gold and the Silver Eagle, and these designs have been the talk of the bullion community ever since.ĭespite how excited we are about the new coin releases, these design changes present a new challenge for any collector looking to buy an American Gold Eagle. Mint finally unveiled its brand new design for the classic American Gold Eagle. While collectors had speculated for years about the possibility of an American Gold Eagle, it wasn’t until 2021 that the historic U.S. The release of the American Gold Eagle Type 2 is easily one of the most important events of the past decade of collectable coins. Rising Interest Rates and Gold's Performance. ![]()
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