The U.S. Mint reported sales of 8,000 one ounce American Gold Eagle coins in September, down 90% from September 2016 sales of 79,000
In September, the U.S. Mint sold a total of 36,000 American Gold Eagle coins in 1/10, 1/4, 1/2 and one ounces denominations, totaling 11,500 ounces, down from 190,000 American Gold Eagle coins totaling 94,500 ounces in September 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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