American Gold Eagle coins are a composition of 91.67% gold, 3% silver, and 5.33% copper, or 22 karat gold. Each coin contains its stated weight in pure gold. When the demand for gold began increasing in 2008, the Gold Eagle coins suffered from sales suspensions, rationing, and even delayed releases for certain weight options. By the start of 2011, these issues had been rectified. Even so, the mintage of all Gold Eagle offerings was down in 2011, with the 1/2 oz coins falling from 81,000 in 2010 to 70,000 in 2011. JM Bullion currently has a 2011 1/2 oz American Gold Eagle coin available for purchase.
Coin Highlights:
President Theodore Roosevelt was the prime mover behind the Lady Liberty that appears on the Gold Eagle coins. He had become disappointed with the looks of US coins – he wanted them to look more like the ancient Greek and Roman coins. He worked to retain the talents of Augustus Saint-Gaudens, to create a design that would beautify US coins. Saint-Gaudens’ work resulted in the Lady Liberty design that appeared on the $20 gold coin, or double eagle. It is a version of this design that now appears on the American Gold Eagle coin.
The obverse of the 2011 American Gold Eagle features the full-length figure of Lady Liberty, with her hair flowing behind her, appearing to walk straight out of the coin. Her right arm is outstretched carrying a torch and her left arm is out to her side carrying an olive branch. Immediately to the left of her right foot is the Capitol building. This design was created by Augustus Saint-Gaudens.
The reverse of the 2011 American Gold Eagle features a male eagle, carrying an olive branch in its claws, flying above a nest with a female eagle and a couple of eaglets. It is intended to symbolize the importance of family in America. This design was created by Miley Busiek and sculpted by Sherl J. Winter.
The price of gold again increased in 2011, making it the twelfth consecutive year that gold closed higher than the previous year. After opening the year at $1,388.50, the price of gold soared to an all-time record high of almost $1,900.00 in September, before closing out the year at $1,531.00 per ounce. This represented an increase of over 10%.
If you have any questions, our JM Bullion Customer Service team has the answers. We can be reached at 800-276-6508, online via our live chat, or via our email.
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American Gold Eagle coins are a composition of 91.67% gold, 3% silver, and 5.33% copper, or 22 karat gold. Each coin contains its stated weight in pure gold. When the demand for gold began increasing in 2008, the Gold Eagle coins suffered from sales suspensions, rationing, and even delayed releases for certain weight options. By the start of 2011, these issues had been rectified. Even so, the mintage of all Gold Eagle offerings was down in 2011, with the 1/2 oz coins falling from 81,000 in 2010 to 70,000 in 2011. JM Bullion currently has a 2011 1/2 oz American Gold Eagle coin available for purchase.
Coin Highlights:
President Theodore Roosevelt was the prime mover behind the Lady Liberty that appears on the Gold Eagle coins. He had become disappointed with the looks of US coins – he wanted them to look more like the ancient Greek and Roman coins. He worked to retain the talents of Augustus Saint-Gaudens, to create a design that would beautify US coins. Saint-Gaudens’ work resulted in the Lady Liberty design that appeared on the $20 gold coin, or double eagle. It is a version of this design that now appears on the American Gold Eagle coin.
The obverse of the 2011 American Gold Eagle features the full-length figure of Lady Liberty, with her hair flowing behind her, appearing to walk straight out of the coin. Her right arm is outstretched carrying a torch and her left arm is out to her side carrying an olive branch. Immediately to the left of her right foot is the Capitol building. This design was created by Augustus Saint-Gaudens.
The reverse of the 2011 American Gold Eagle features a male eagle, carrying an olive branch in its claws, flying above a nest with a female eagle and a couple of eaglets. It is intended to symbolize the importance of family in America. This design was created by Miley Busiek and sculpted by Sherl J. Winter.
The price of gold again increased in 2011, making it the twelfth consecutive year that gold closed higher than the previous year. After opening the year at $1,388.50, the price of gold soared to an all-time record high of almost $1,900.00 in September, before closing out the year at $1,531.00 per ounce. This represented an increase of over 10%.
If you have any questions, our JM Bullion Customer Service team has the answers. We can be reached at 800-276-6508, online via our live chat, or via our email.