What is an Eagle?
Published on 1/08/2020 by APMEX
While you might immediately picture the powerful bald eagle – in this context – Eagles take on an entirely new meaning. Backed by the U.S. Mint, American Eagle coins come in Gold, Silver, Platinum and Palladium. But what is an American Eagle coin? Ranging in sizes from 1/10 oz to 1 oz, American Eagle bullion coins provide investors with a convenient and cost-effective way to add physical Gold, Silver, Platinum or Palladium to their investment portfolios or numismatic collections.
What is a Gold Eagle Coin?
The American Eagle coin program began in 1986 with the American Gold Eagle coins. Much like the iconic bird, Gold Eagles are a celebration of patriotism with classic designs from American coinage history. The now-famous design by Augustus Saint-Gaudens was selected for the Gold coins when the program began. The Saint-Gaudens design first appeared on the $20 Double Eagle in 1907, where it remained until 1933.
What is an American Eagle Gold coin worth? The answer is made up of a few parts. American Eagles are priced according to their Precious Metal content, in addition to a premium charged by the dealer. The prices of American Eagles can fluctuate as the spot prices change, in addition to other factors, including condition and scarcity.
What is a Silver Eagle Coin?
Much like their Gold counterparts, the U.S. Mint has produced Silver American Eagles since 1986. They historically have showcased a rendition of sculptor Adolph A. Weinman's beautiful Walking Liberty design. But what is the rarest Silver Eagle coin ever produced? The rarest American Silver Eagle is the 2015 (P), struck at the Philadelphia Mint, which has a mintage of 79,640.
What is a Platinum Eagle Coin?
Platinum Eagles were added to the American Eagle bullion series in 1997, followed by Palladium Eagles in 2017. The American Eagle Silver, Platinum and Palladium bullion coins are only available in 1 oz.
The U.S. Mint produced its first legal tender Platinum piece in 1997, the American Eagle Platinum Proof coin. The $100 face value of the Proof Platinum Eagle is the highest denomination for a U.S. legal tender coin. Since its inception, American Eagle Platinum Proof coins have featured a common obverse that features Liberty's portrait.
What is a Proof Eagle Coin?
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, they started making Palladium Proof coins.