History of American Eagles

Published on 10/21/2020 by APMEX

The American Eagle coin program began in 1986 with the American Gold Eagle coins. The now-famous design by Augustus Saint-Gaudens was selected to adorn the new Gold coins. The Saint-Gaudens design first appeared on the $20 Double Eagle in 1907, where it remained until 1933. American Eagle Gold bullion coins are available in four sizes: 1 oz, 1/2 oz, 1/4 oz and 1/10 oz.

Much like their Gold counterparts, American Eagle Silver coins have been produced by the U.S. Mint since 1986. They have always featured a rendition of sculptor Adolph A. Weinman's beautiful Walking Liberty design, depicted initially on the Half Dollar in 1916.

Platinum Eagles were added to the American Eagle bullion series in 1997, followed by Palladium in 2017. The American Eagle Silver, Platinum and Palladium bullion coins are only available in 1 oz.

The U.S. Mint does not sell bullion coins directly to the public. Instead, they distribute their coins to a handful of authorized purchasers, like APMEX, who then sell the coins to the public.

American Eagle Proof and Uncirculated Coins

The U.S. Mint produces Proof and uncirculated versions of American Eagles that are most appealing for collectors. The American Eagle Proof program was introduced in 1986 with Gold and Silver Proof coins. In 1997, they introduced Platinum Proof coins, and in 2018, started making Palladium Proof coins.

American Eagle Platinum Proof Coins

The U.S. Mint made numismatic history in 1997 when it produced its first legal tender Platinum piece, the American Eagle Platinum Proof coin. Its $100 face value is the highest denomination for a U.S. legal tender coin. Since its inception, American Eagle Platinum Proof coins have shared a common obverse that features Liberty's portrait. The coin's reverse has featured a variety of themed series designs, including "Torches of Liberty,” "Foundations of Democracy" and "The Preamble to the Constitution."

2021 Eagles

In honor of the 35th anniversary, the U.S. Mint will release new reverse designs for the American Eagle Gold and Silver coins. The U.S. Mint is allowed to change the designs on these coins after 25 years. The mint will release the redesigned American Eagle Gold and Silver coins in mid-2021.

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