Learn The Rich History Of Gold Eagle Coins At Gold-Eagle.org

November 24, 2009 – The history of Gold Eagle coins began in 1838, many years before the modern-day gold bullion coins began their mintage in 1986. In 1838, the US government authorized the production of the $10 Liberty Eagle coin.

This is a ½ ounce gold coin, and the following year the US Mint also released a $5. In 1849, US citizens discovered gold in the mines and creek beds of California, and the gold rush was in full swing. Congress authorized the production of the $20 Gold Double Eagle. The $20 Double Eagle was redesigned in 1907 by famed sculptor Augustus Saint-Gaudens. President Theodore Roosevelt declared that Saint-Gaudens’ design was the most beautiful coin that Roosevelt had ever laid eyes on.

Saint-Gaudens’ design of Lady Liberty with a flowing dress has been captured on the US Mint’s modern-day bullion coin, the American gold Eagle. The history of Gold Eagle coins got more interesting in 1986, when Congress authorized the production of gold coins in 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce denominations. Unlike the US Mint’s historic one-ounce gold coins, post-1986 one-ounce coinage bears a $50 face value.

From the $2.5 Quarter Gold Eagle coins that have been certified by PCGS to the modern-day $50 bullion coins that come directly from the US Mint, GoldCoin.net supplies the best information to household and institutional investors. If you would like free, customized mail-out reports on a certain type of gold coin, contact us electronically or call our toll-free help desk. 

Daily Updates Archive

Joshua Harris

Senior Staff Writer - Gold-Eagle.org