Established by the Gold Bullion Coin Act of 1985, the American Gold Eagle is the official gold bullion coin of the United States. The coins were first struck in 1986 in bullion and proof versions, with an uncirculated (burnished) coin added to the program in 2006. Right now, you can purchase a 1989-P ½ oz Proof American Gold Eagle from JM Bullion.
Coin Highlights
- Ships in an NGC protective slab.
- Contains ½ oz of .999 pure gold.
- Face value of $25 (USD) is backed by the federal government.
- Graded PF70 by the Numismatic Guaranty Corporation.
- Available with an Ultra-cameo finish.
- Bears a “P” mint mark from the Philadelphia Mint.
American Gold Eagles marked the return of 22-karat gold coins in American coining. Beginning in 1834, the United States adopted a gold content cap of .900 for all coins. When the American Gold Eagle was announced with a content of .999, it was the first time in more than 150 years that crown gold, the traditional English standard for gold content, had been used in American coins.
On the obverse side of each coin, Lady Liberty is depicted in her traditional robes striding confidently toward the future. A torch in her right hand provides a guiding light for the nation, as the olive branch in her left hand represents the nation’s desire for peace.
The reverse depicts a male bald eagle returning to its nest with an olive branch in its talons. In the nest, hatchlings are being vigilantly looked after by a female bald eagle. The coin’s weight, metal content, purity, and face value are inscribed on the reverse.
Each of the coins available to you in this product listing have a perfect PF70 grade from the NGC. Perfect coins have their full, original luster, and no blemishes, contact marks, or detracting flaws. A coin with an Ultra-cameo finish has a design set that appears to float over a deeply-mirrored background field.
If you have any questions about these Proof American Gold Eagles, a JM Bullion associate is available to answer those inquiries. You can reach us at 800-276-6508, chat with us online through our website’s live chat feature, or send us an email. If you are interested in similar products, be sure to check out our full selection of Proof Gold American Eagle Coins.