Issued in 1986, the first set of gold coins released by the U.S. Mint since 1933 were sold to the public and were available in 1/10 ounce, 1/4 ounce, 1/2 ounce, and 1 ounce gold content coins. It was all thanks to the Gold Bullion Coin Act of 1985, which essentially reversed or nullified the Gold Reserve Act of 1934 which made it illegal to own gold bullion. In the legislation of 1985, lawmakers delegated the denomination of the new American Eagle coins as $5 for the 1/10 ounce, $10 for the 1/4 ounce, $25 for the 1/2 ounce, and $50 for the 1 ounce; the denomination is face value and does not reflect the true worth of the coin. In the legislation the designs were also decided upon: for the Obverse “a design symbolic of Liberty” and for the Reverse, “a design representing a family of eagles, with the male carrying an olive branch and flying above a nest containing a female eagle and hatchlings”(Gold Bullion Coin Act of 1985).
If you would like to learn more about the Gold American Eagles, and how to add these remarkable coins in your retirement accounts, or investments: Call Global Monetary Reserve today at 1 (877) 795-9585 today, and our previous metals experts will be able to assist you with securing you, and your family’s future; or if you would like to make an immediate purchase, or a take a look at our fantastic inventory: visit our E-commerce site by Clicking Here!