American Eagle 1 oz $50 Gold Coin History:
First released by the United States mint in 1986, the gold American Eagle was the first modern bullion coin to be authorized by the United States congress and is backed by the US Mint for its weight, content and purity. The obverse of the coin, originally designed by Augustus Saint-Gaudens for the country's $20 gold piece minted from 1907 to 1933, carries the image of a full length figure of Lady Liberty holding a torch in her right hand and an olive branch in her left. The reverse side of the coin bears the image of a male bald eagle carrying an olive branch, flying towards his mate in a nest with their hatchlings. The one-ounce gold American Eagle has a diameter of 32.7mm, a thickness of 2.87mm, a total weight of 1.0909 troy ounces (or 33.931 grams), contains one troy ounce of pure gold, and has a face value of $50.9 fine 24 karat gold coins ever to be made by the United States Mint with a face value of $50.
In 1986, the United States Mint introduced the American Gold Eagle series, minted in four sizes (1 oz, ½ oz, ¼ oz and 1/10 oz). This is for the 1 oz American Eagle gold coin which has a face value of $50. 2021 had both Type 1 and Type 2 Reverses. 2022 will be the first full year to use the "Type 2" style.
$50 American Eagle 1 oz Gold Coin Specifications:
- Brilliant Uncirculated
- Minted in United States
- Mint started 1986
- Face Value $50
- Purity 0.9167 fine pure gold
- 22 karat gold
- Gold content 1 troy oz.
- Thickness 2.87 mm
- Diameter 32.7 mm
- Known as the American Eagle Gold Coin
- Obverse: Features a the original design of St Gaudens, a female Liberty to represent victory, with a torch in one hand to show enlightenment, and an olive branch in the other to show peace as she marches over a rocky outcrop with the sun’s rays coming from below. The word “Liberty” overhead, surrounded stars to represent the states of the US.
- Reverse: Type 2 Eagle reverse designs.