2016 5-Coin Gold & Silver American Eagle Set BU

2016 5-Coin Gold & Silver American Eagle Set BU

This beautiful American Eagle set is the perfect way to show your patriotism in investing in Precious Metals.

Set Highlights:

  • Contains 1.85 oz actual Gold weight and 1 oz of .999 fine Silver.
  • Each coin is housed in a protective plastic capsule.
  • Displayed in an attractive mahogany display box.
  • Includes each of the following Brilliant Uncirculated coins:
    * 2016 $50 American Gold Eagle
    * 2016 $25 American Gold Eagle
    * 2016 $10 American Gold Eagle
    * 2016 $5 American Gold Eagle
    * 2016 $1 American Silver Eagle

This set is the perfect melding of the top two forms of Precious Metals made by the U.S. Mint. Add this 5 Coin Gold and Silver American Eagle Set to your cart today!

The Gold American Eagle has a rich and colorful history. The modern coins are fashioned after the designs of renowned artist and sculptor Augustus Saint-Gaudens which were used on the Gold Double Eagle from 1907 to 1933. The redesign of the coin was issued by President Theodore Roosevelt after his desire for more beautiful American coinage. This led to the design recognized and revered today by many to be the most beautiful American coin ever minted. The obverse of the coin features Lady Liberty who represents victory. She is holding a torch to symbolize enlightenment and an olive brand to represent peace. She is backed by sunrays and the United States Capitol. The reverse of the coin feature a male and female bald eagle with their young to represent family, strength, and patriotism.

Coins minted from 1986 through 1991 are dated with Roman numerals whereas every 1 oz Gold American Eagle minted after 1992 is branded with Arabic numerals. These Gold bullion coins are available in multiple sizes including 1/10 troy oz, 1/4 troy oz, 1/2 troy oz and 1 troy oz. Each piece is identical in design save the markings on the reverse side of the coin that indicate its weight and face value.

In 1933, because of the Great Depression, the United States government made it illegal for citizens to hold monetary Gold. Citizens were required to sell their Gold certificates, coins, and bullion to the U.S. Treasury save a few exceptions including jewelry and numismatic coins. In 1975, private ownership of Gold was again made legal and in 1986, American mints began to make bullion coins. Pursuant to the Gold Bullion Coin Act of 1985, these coins are made exclusively from American Gold.

The coin is minted at the West Point Mint in New York. The mint deals in large amounts of precious metals and is responsible for striking all proof and uncirculated American Eagles in Gold, Silver, and Platinum as well as all Gold commemorative coins.

First released November 24, 1986, the 1 oz Silver American Eagle has become the most popular Silver bullion coin not only in the United States, but in the entire world. In fact, this Silver coin is so highly sought after that in 2014 and 2015 the U.S. Mint could not match its level of production to consumer demand. In 2013, after a historic drop in Silver prices, demand increased so much that the U.S. Mint had to ration the sale of Silver coins for 18 months.

The driving force behind the creation of the Silver American Eagle was the government’s desire to sell off some of the Silver from the Defense National Stockpile. Although states with heavy mining interests and some legislators opposed the sale of the Silver, in 1985, the Senate agreed to permit the sale of Silver after an amendment was made to the bill permitting such action. Later in 2002, after it became apparent the stockpile of Silver would be depleted, an additional bill was passed that would allow the government to purchase Silver on the open market once it became necessary.

The design of this Silver bullion coin is steeped in American heritage and tradition. On the obverse of the coin is Adolph A. Weinman’s “Walking Liberty” design which was originally used on the Walking Liberty Half Dollar from 1916 to 1947. This iconic design was a public favorite and thus it was reinstituted years later on the 1 oz Silver American Eagle. The reverse features a heraldic eagle holding an olive branch in one talon and arrows in the other with a shield on its chest. In the beak of the bird is a banner that reads “E Pluribus Unum” and above the eagle are 13 five-pointed stars representing the original 13 colonies. This image mirrors the Great Seal of the United States.

These Silver bullion coins do not have mintmarks, as opposed to the Proof and Burnished versions, which do include a mintmark. From 1986 to 1998, they were manufactured at the San Francisco Mint. From 1999 to 2000, production was moved to the Philadelphia Mint. Since 2001, the 1 oz Silver American Eagle has been produced at the West Point Mint in New York, which has been referred to as the “Fort Knox of Silver.” Starting in 2011, due to the coin’s massive popularity, the San Francisco Mint again began minting coins to supplement the output from the West Point Mint.
Customer Reviews of 2016 5-Coin Gold & Silver American Eagle Set BU
2016 5-Coin Gold & Silver American Eagle Set BU
5.0 Overall

(based on 1 reviews)

Reviewed by 1 customers

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A good buy

By  FastFred

from Contra Costa County, CA

5.0

A beutiful set

Pros

  • Attractive Design
  • Collectible (lower mintage)
  • Mint Condition
  • Recognized Brand

Displaying reviews 1 - 10 Back to top

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We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.

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