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1oz American Eagle Gold Coin previous years

Out of stock
Tavex is pleased to offer the 1oz American Eagle Gold Bullion Coins from previous years, a popular ... read more
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£1,799.52
The photos are used for illustration purposes only and may not be an exact representation of the product.

Introduction

Tavex is pleased to offer the 1oz American Eagle Gold Bullion Coins from previous years, a popular gold bullion coin that stands out as the most sought-after piece issued by the United States. This iconic American Eagle gold coin, released by the United States Mint in 1986, is among the world's foremost investment gold bullion coins and a testament to the craftsmanship of 22-karat gold workmanship. It's popularity, not just as a precious metal but as a testament to the purity of gold, stems from its beautiful design, high fine gold content, and its prestigious legal tender status.

Contrasting with the 24 karat gold and the 22 carat gold, the American Eagle comprises 91.67% pure gold, making it a preferred choice for those who buy gold. To this date, investors who value the types of gold and its intrinsic value have procured more than 30 million pieces of this gold coin, further establishing its stature in the global bullion coin market.

With its gold content and purity guaranteed, the American Eagle gold bullion coins stand tall alongside other popular gold coins. Recognised worldwide and supported by a liquid market, these coins serve as an excellent addition to any investment portfolio, especially for those keen on diversifying and hedging against unfavourable market events.

Why Buy

  • The American Eagle gold coins track the price of gold. The value of American Eagle gold coins is primarily determined by their fine gold content which is linked to the prevailing price of gold.
  • 1oz American Eagle gold coins are money. Granted legal tender status in 1985 by the United States Congress, the gold American Eagle coin is currently the longest continuously produced US gold piece since the 1930s to have reclaimed this precious monetary stature.
  • American Eagle gold coins are liquid and recognised. To date, some 30 million coins have been minted and issued by the United States Mint which thus underpins the global recognition and acceptance of American Eagle gold coins.
  • The American Eagle gold coins are durable. They are minted from a gold alloy that is 91.67% pure (22 karats). The rest of the alloy contains silver and copper, which strengthens the coins’ surface and enhances the durability of the coin making it suitable for handling.
  • These gold coins are the equivalent of savings. American Eagle bullion coins are an ideal choice for any type of long-term investor who appreciates the security and stability of owning physical legal tender gold coins.
  • American Eagle gold coins are an excellent way to diversify your portfolio. Gold’s low correlation with other financial assets makes American Eagle coins serve as a portfolio hedge against market risk.

Buying gold items means low risks and maintaining wealth

Gold's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    £1,884.62
  • Buyback price
    £1,799.52
  • Your risk now
    £85.10

Fact: gold price in GBP has risen 141.77% in the last 10 years. The lowest price was 688.18 GBP/oz and the highest 1,954.25 GBP/oz. Current world market price is 1,838.57 GBP/oz

History

The United States financial panic of the 1930s and gold

With the United States in the midst of severe depression in 1930s, gold naturally became the asset of choice. With people seeking to exchange all forms of paper securities, including bank notes, for gold, the financial sector and the Government itself experienced a run on their gold reserves. To prevent this, in 1933 President Franklin D. Roosevelt issued the infamous executive order 6102 that criminalised the ownership of gold and made all government issued paper instruments non-redeemable in gold. From 1933 onwards, a new financial era began in the US, where pieces of green paper became the cornerstone of the country’s monetary system.  

 

Sales of American Eagle coins surges 

Roosevelt’s executive order that penalised ownership of gold was in place for 41 years before President Gerald Ford repealed the law in 1974. It would take another eleven years for the United States Congress to pass the Gold Bullion Act of 1985, which authorised the creation of legal tender gold and silver coinage. Subsequently, in 1986, the United States Mint issued the first gold American Eagle coin. Considering that this was the first legal tender gold coin released by the United States in over five decades, there were many buyers waiting on the sidelines. In fact, in its first year of release, the United States Mint had to mint 3.6 million pieces, or 62 tonnes of American Eagle gold coins, to satisfy the demand from investors and coin dealers! 

 

The gold American Eagle coin – the perfect hedge

With its prestigious legal tender status granted by the United States Government, American Eagle bullion coins have since 1986 been one of the most preferred gold coins of investors who wish to hedge their portfolio against falling stock markets and economic turmoil. Figures from the United State Mint related to demand for American Eagles clearly show that investors markedly increased purchases of these coins during the stock market crash of 1987, right before the peak of the dot-com bubble (also referred to as the internet bubble) of 1999 – 2000, and more recently in 2008 – 2009 when the US and other major economies plunged into severe recession. In fact, on an annual basis, demand during these periods increased on average by almost 100%, proving that in turbulent times in the market, the gold American Eagle coin becomes an asset of choice.

The US West Point Mint

By witnessing the growing popularity of other countries’ 24 karat gold bullion coins, of which Canada’s Maple Leaf and Austria’s Philharmonic gold coins are good examples, the United States Mint decided to issue for the first time in its history its own version of a .9999 fine legal tender gold coin. Until 2006, the only American legal tender gold bullion coin available for purchase was the gold American Eagle which, unlike the Gold Buffalo, is a 22 karat coin and is made of gold and a copper - silver alloy. The introduction of the gold American Buffalo coin was also a historical moment for the United States Mint which for the first time issued two separate legal tender gold coins that contained different gold purities.

Product weight in grams
33.95576
Gold weight in grams
31.10348
Fineness
916.7
Gold weight in troy ounces
1
Diameter (mm)
32.7
Thickness
-
Face value description
50 dollars
Manufacturer
United States Mint, United States

Obverse

The obverse portrays the figure of Lady Liberty holding a torch in her right hand and an olive branch in her left. In the bottom left background the Capitol building is visible, and on the right the year of mintage accompanied by the letter “W”, which is the mint mark for West Point Mint.

Reverse

The reverse portrays a male eagle carrying an olive branch flying above a nest containing a female eagle and her hatchlings. Above the flying eagle is the text “UNITED STATES OF AMERICA” and in the centre next to the female eagle is the text “E PLURIBUS UNUM”, which is Latin for “one out of many” and “IN GOD WE TRUST”. Inscribed below the eagle nest is the weight of the coin, the nominal face value of $50 and the designer’s initials “MB”, standing for Miley Busiek, in charge of sculpting the eagle nest.

Packaging

The American Eagle gold coin is packaged in a hard plastic capsule.

We understand the importance of ensuring that you receive your order in a safe and secure manner. That’s why each order goes through additional quality control, is carefully packaged in a protective box and discreetly labeled to guarantee the protection of your privacy. Additionally, we take extra steps for your peace of mind – every shipment is fully insured, so you don’t have to worry when ordering products online.

We are committed to providing you with the best possible service and experience, and we believe that one important aspect of the process is a safe and secure shipment process. If there are any issues with your shipment, such as damage or loss, please don’t hesitate to reach out to us. Our dedicated customer support team is always available to help by phone 020 4541 4145 or tavex@tavexbullion.co.uk, and we will do everything in our power to sort out any problems and get your order to you in a timely and efficient manner.

After we dispatch your parcel, we will provide you with a tracking number so that you can track its progress and see exactly where it is at all times. This way, you can stay informed about the status of your order and know exactly when to expect it to arrive. Transparency is key to a great customer experience, and we are always here to help with any questions or concerns you may have.

Each order is discreetly packed and fully insured, so you can safely order products online – additionally, after dispatch, we will provide you with the package number, so you will be able to track its entire route.

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