The American Gold Eagle, a former currency coin used in America from 1792 to 1907, holds a rich historical significance. This $10 gold coin showcases the iconic Liberty Head a design courtesy of legendary sculptor Augustus Saint-Gaudens, symbolising freedom and liberty. While the reverse showcases the American Eagle, a symbol of the nation’s freedom and strength. The American Gold Eagle shows remarkable craftsmanship and enduring legacy making this coin a cherished piece of American numismatic history.
Minted by the U.S. Mint, this coin is composed of 90% gold and 10% copper alloy, and it contains a total of 0.4838 ounces of pure gold and weighs 16.71g. This in line with the tradition of European gold coins, which have long upheld the quality expectations set by the Latin Monetary Union for circulated gold currency. With a rich history rooted in precision and excellence, these coins have served as a trusted medium of exchange across borders and generations.
The Coinage Act of 1792 granted the US Mint the authority to mint precious metal coins for circulation purposes. Among the five coins, the Eagle held the highest value and was the sole coin made of gold. These coins were produced until 1933, prior to World War 2, when gold was removed from circulation. It wasn’t until 1986 that the United States reintroduced gold coins with the introduction of the American Eagle gold bullion coin.