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October Sales of American Gold Eagles
The U.S. Mint reported sales of 11,000 one ounce American Gold Eagle coins in October, down 89% from October 2016 sales of 100,500.
In October, the U.S. Mint sold a total of 45,000 American Gold Eagle coins in 1/10, 1/4, 1/2 and one ounces denominations, totaling 15,500 ounces, down from 199,500 American Gold Eagle coins totaling 116,000 ounces in October 2016.
Description: Obverse: the front of this coins shows Lady Liberty with long hair walking and holding a lit lantern in one hand and an olive branch in the other. Reverse:the back shows an eage aloft clutching an olive branch above a nest, with “E Pluribus Unum” “In God We Trust” “1 oz fine gold” “50 Dollars” Composition/Weight: (33.931 grams) .9167 gold,.03 silver .0533 copper (net weight 1 oz. gold)(22K) Face value: $50 Designers: Augustus Saint-Gaudens (obverse) Miley Busiek (reverse) Mint Locations:Philadelphia, Pennsylvania; West Point, New York Years Minted: 1986-present
The American Gold Eagle is minted at the West Point, New York mint which operates primarily to produce American Silver and Gold Eagle and American Buffalo coins.
The design of the American Gold Eagle coin originally appeared in 1907 on the United States $20 gold coin, or double eagle. U.S. Double eagles were minted from 1907-1933.
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