The American Eagle bullion coin series is one of the most popular and widely recognized series of bullion coins produced by the United States Mint. The series was created to provide investors with an official U.S. government-backed bullion coin for investment purposes, capitalizing on the growing interest in precious metals as a store of value.
- Beginning: The American Eagle bullion coin series was first introduced in 1986.
- Reason for Creation: It was created to offer a reliable and convenient way for investors to buy precious metals directly from the U.S. Mint. The coins were intended to compete with other global bullion coins, such as the Canadian Maple Leaf and the South African Krugerrand, and to provide a legal tender option backed by the full faith and credit of the U.S. government.
The American Eagle series is available in four different precious metals: gold, silver, platinum, and palladium. Each metal has its own unique coin designs and specifications.
1. American Gold Eagle - Composition: 91.67% gold, 3% silver, 5.33% copper - Denominations: 1 oz, 1/2 oz, 1/4 oz, 1/10 oz - Design:
- Legal Tender Values: $50 (1 oz), $25 (1/2 oz), $10 (1/4 oz), $5 (1/10 oz)
2. American Silver Eagle - Composition: 99.9% pure silver - Denomination: 1 oz - Design:
- Legal Tender Value: $1
3. American Platinum Eagle - Composition: 99.95% pure platinum - Denominations: 1 oz, 1/2 oz, 1/4 oz, 1/10 oz - Design:
- Legal Tender Values: $100 (1 oz), $50 (1/2 oz), $25 (1/4 oz), $10 (1/10 oz)
4. American Palladium Eagle - Composition: 99.95% pure palladium - Denomination: 1 oz - Design:
- Legal Tender Value: $25
The American Eagle bullion coin series, since its introduction in 1986, has become a cornerstone for both investors and collectors due to its high purity, stunning designs, and government backing. Each coin in the series offers a unique combination of historical significance and investment value.