1989 1 oz Gold American Eagle BU (MCMLXXXIX)

1989 1 oz Gold American Eagle BU (MCMLXXXIX)

The 1989 Gold Eagle combines the best aspects of collectibility and bullion investment appeal, which has made it America’s preferred Gold coin and a great way to add Gold to your portfolio.

Coin Highlights:

  • Contains 1 oz actual Gold weight.
  • Eligible for Precious Metals IRAs.
  • Obverse: Adapted from Augustus Saint-Gaudens’ famed Gold Double Eagle design, which features Lady Liberty with flowing hair, a torch in her right hand and an olive branch in her left.
  • Reverse: Designed by Miley Busiek, the reverse shows a male bald eagle in flight carrying an olive branch to his nest, where a female awaits with her young.
  • Produced by the U.S. Mint in West Point, NY.

Display your Gold Eagle in style by adding an attractive presentation box to your order.

With its beauty, patriotic design and legal tender status, Gold American Eagle coins provide diversity to investment portfolios with a hard asset that is both secure and internationally recognized. Add this beautiful 1 oz Gold coin to your cart today!

The history of Gold Eagle coins

The Gold American Eagle is based on what many have called the most beautiful Gold coin ever made: the 1907 Augustus Saint-Gaudens $20 Double Eagle. Look at modern Gold Eagle coins and you can see the realization of President Theodore Roosevelt’s dream to have artistic coins like ancient Greek and Roman coins. The Saint-Gaudens Gold coins were a flattened version of his ultra-high relief designs because the high-relief designs were hard to make and did not stack well. Modern U.S. Mint Gold coins reimagine Saint-Gaudens' classic design in even higher purity Gold.

Why invest in Gold American Eagle coins?

The Gold American Eagle is one of the most widely bought and sold Gold coins in the world, making this Gold bullion coin particularly liquid. These Gold coins are accepted in most major investment markets worldwide. Gold Eagle coins are also the most widely traded Gold coins in the United States, offering narrower spreads between buy and sell prices. U.S. Mint Gold coins have the full faith and backing of the U.S. government for quality and weight, making them a sought-after commodity that make these Gold bullions coins easier to sell when the Gold spot price is to your liking.

Gold coins retain their size and value because of the unique properties of Gold.

Gold coins have long been used as currency because Gold does not oxidize, which would change its weight and size. Gold Eagle coins that are stamped 1 oz remain 1 oz and maintain their value. U.S. Mint Gold coins used to be made with Gold alloys to give hardiness for handling, but now because Gold coins are generally not circulated, they can be made from softer, even finer Gold. The Gold American Eagle is primarily investment bullion and because it will not oxidize away, it will always retain its value per troy ounce.

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The price for a Gold American Eagle is the Gold spot price plus a premium price.

When buying the Gold American Eagle or any other Precious Metal coin, there are two different prices to consider: the Gold spot price and the premium price of Gold. When you buy Gold Eagle coins, you do not pay the Gold spot price because that price, which changes by the second, is the base price for unfabricated Gold. When you buy U.S. Mint Gold coins, the premium price, added on top of the Gold spot price, takes into account the extra costs for distribution, fabrication, nominal dealer fees and any numismatic or collector value. U.S. Gold coins have the added value of the guarantee of quality that comes with U.S. Gold currency.

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