American Gold Eagle are among the most preferred bullion in Malaysia, Asia and not to mention the United States. The American Gold Eagle was primary distributed in year 1986 as the official bullion gold coin of the United States of America. These gold coins were officially permitted by Congress, under the American Eagle Bullion Program, as being available for investors to practically and cost effectively investing in gold.
The obverse feature of the Gold Eagle is based on a replication of Augustus St. Gaudens, the well known design for the Double Eagle created in 1907. The iconic lady Liberty figure is depicted striding ahead with a torch in her right hand together with olive branch in her left.
The reverse was designed by Miley Busiek, illustrates a family of gold eagles with the male carrying an olive branch and flying above the nest of eagle hatchlings together with a female eagle. The fine gold weight of the coin and its face value also displayed on the reverse of the bullion.
American Gold Eagle Coins are legal tender coins available in four different fractional weights. Each weight fraction features a legal tender face value with different denomination.
- 1 oz American Gold Eagle : $50 face value ; 1 .287 inches in diameter
- ½ oz American Gold Eagle : $25 face value ; 1 .063 inches in diameter
- ¼ oz American Gold Eagle : $10 face value ; 0 .866 inches in diameter
- 1/10 oz American Gold Eagle : $5 face value ; 0 .650 inches in diameter
Every single Gold Eagle coin have a sturdy composition of 91 .67% gold (22 karat), 3% of silver, and 5.33% of copper. All four denominations have been available as bullion versions ever since the series was made public in 1986. Proof coins were at first only available in the 1 oz size. In the subsequent year of issue the ½ oz gold coin size was included. The ¼ and 1/10 oz bullion were then offered as proofs in 3-rd year. There are also collectible un-circulated versions of these gold coins which was available in all four denominations during year 2006 to year 2008.
Over 13 million of the 1 oz coin are actually minted and distributed since the coin was introduced in 1986. Solely in year 2009, about 1.4 million American gold eagles were produced. In 2008, at the peak of the credit-financial turmoil, the mint was actually forced to head to an allocation program as it could not follow burgeoning demand. Yet, it produced 710,000 of 1 oz coins during the year. Down to comparison, the U.S. Mint generated slightly over 140,000 of 1 oz coins throughout the somewhat quiet year of 2007.
Dealers selling American Gold Eagle is somehow limited in Malaysia. If you keen on getting some these bullions and looking for dealers recommendation, send us your enquiries via our contact form. We can help you to get more information.