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Demand for American Gold Eagle coins was very strong when they were first released in 1986 and 1987. Unfortunately, those years were followed by nine years of mixed demand, no year even coming close to either of those first two years. Then concerns regarding what issues might be caused by Y2K steered people toward the comfort of metals. The four years from 1997 through 2000 saw the demand for Gold Eagle coins surge, even to their all-time high in 1999. However, after 2000, demand again cooled off for a bit until the Great Recession beginning in 2008. The demand for Gold Eagles has continued at a higher level since 2008. Today, a 2010 1/2 oz American Gold Eagle coin is available for purchase from JM Bullion.
Coin Highlights:
The obverse of the 2010 American Gold Eagle features a full-length figure of Lady Liberty, appearing to walk right off the coin to you. Her outstretched right arm is holding a torch while her left hand is carrying an olive branch. Her long hair is flowing in the breeze behind her. This is the design created by Augustus Saint-Gaudens.
The reverse of the 2010 American Gold Eagle coin features a family of eagles, to symbolize the importance of family in America. The male eagle, carrying an olive branch is his claws, is flying towards a nest with the female eagle and a couple of eaglets. This design is the creation of Miley Busiek and was sculpted by Sherl J. Winter. It includes several inscriptions as well.
President Theodore Roosevelt felt that the US coinage had become artistically dull and he wanted it upgraded. Without asking Congress, in 1904, President Roosevelt retained the services of the talented Augustus Saint-Gaudens to create a design that would return beauty to our US coins. The resulting Saint-Gaudens’ Lady Liberty design appeared on the Eagle ($10) and the Double Eagle ($20) gold coins. A version of that Saint-Gaudens’ Lady Liberty is what now appears on the American Gold Eagle coins.
The price of gold continued its upward trend in 2010, making it eleven consecutive years of the price of gold closing higher than the previous year. After starting the year at $1,121.50 per ounce, the price gradually trended downward to a low of $1,050.00. At that point, the price of gold turned around, and throughout the balance of 2010 experienced several peaks and valleys before rising to its 2010 peak price of $1,421.00 per ounce. Another small price pullback at year-end had the price of gold closing at $1,405.50 per ounce.
Have questions? Our JM Bullion Customer Service team has answers. We can be reached via phone at 800-276-6508, online live chat, or via our email.
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Demand for American Gold Eagle coins was very strong when they were first released in 1986 and 1987. Unfortunately, those years were followed by nine years of mixed demand, no year even coming close to either of those first two years. Then concerns regarding what issues might be caused by Y2K steered people toward the comfort of metals. The four years from 1997 through 2000 saw the demand for Gold Eagle coins surge, even to their all-time high in 1999. However, after 2000, demand again cooled off for a bit until the Great Recession beginning in 2008. The demand for Gold Eagles has continued at a higher level since 2008. Today, a 2010 1/2 oz American Gold Eagle coin is available for purchase from JM Bullion.
Coin Highlights:
The obverse of the 2010 American Gold Eagle features a full-length figure of Lady Liberty, appearing to walk right off the coin to you. Her outstretched right arm is holding a torch while her left hand is carrying an olive branch. Her long hair is flowing in the breeze behind her. This is the design created by Augustus Saint-Gaudens.
The reverse of the 2010 American Gold Eagle coin features a family of eagles, to symbolize the importance of family in America. The male eagle, carrying an olive branch is his claws, is flying towards a nest with the female eagle and a couple of eaglets. This design is the creation of Miley Busiek and was sculpted by Sherl J. Winter. It includes several inscriptions as well.
President Theodore Roosevelt felt that the US coinage had become artistically dull and he wanted it upgraded. Without asking Congress, in 1904, President Roosevelt retained the services of the talented Augustus Saint-Gaudens to create a design that would return beauty to our US coins. The resulting Saint-Gaudens’ Lady Liberty design appeared on the Eagle ($10) and the Double Eagle ($20) gold coins. A version of that Saint-Gaudens’ Lady Liberty is what now appears on the American Gold Eagle coins.
The price of gold continued its upward trend in 2010, making it eleven consecutive years of the price of gold closing higher than the previous year. After starting the year at $1,121.50 per ounce, the price gradually trended downward to a low of $1,050.00. At that point, the price of gold turned around, and throughout the balance of 2010 experienced several peaks and valleys before rising to its 2010 peak price of $1,421.00 per ounce. Another small price pullback at year-end had the price of gold closing at $1,405.50 per ounce.
Have questions? Our JM Bullion Customer Service team has answers. We can be reached via phone at 800-276-6508, online live chat, or via our email.
