The 2011 American Gold Eagle marked the 26th release in the iconic bullion coin program by the United States Mint, first introduced in 1986. On January 3, 2011, the one-ounce coins were made available to the Mint’s authorized purchasers, continuing a tradition cherished by investors and collectors alike.
A Historic Program Backed by Law
The Gold Bullion Coin Act of 1985 authorized the creation of the American Gold Eagles, which have since become the official gold bullion coins of the United States. These coins are struck in 22-karat gold, a composition comprising 91.67% gold, 3% silver, and 5.33% copper. This specific alloy, often referred to as “crown gold,” has roots dating back to 16th-century England and enhances the coins’ durability for long-term use.
A Trusted Asset for Investors
Since their inception, American Gold Eagles have been a top choice for investors worldwide seeking to diversify their portfolios with gold. Their appeal lies in the United States government’s guarantee of each coin’s weight, purity, and gold content. Unlike other gold investments, the Eagles’ intrinsic value is tied to the current market price of gold, offering a tangible asset backed by a strong guarantee.
Sizes and Face Values
The Gold Eagles are produced in four sizes annually, catering to a variety of investment needs. The one-ounce coin, with a face value of $50, is the most sought-after. Smaller denominations include the 1/2-ounce ($25), 1/4-ounce ($10), and 1/10-ounce ($5) coins. While these face values provide legal tender status, the coins’ true worth is determined by their gold content.
A Design of Unparalleled Beauty
The American Gold Eagles feature one of the most admired designs in U.S. coinage history. The obverse showcases a modern rendition of Lady Liberty, originally created by Augustus Saint-Gaudens for the $20 Double Eagle coin issued from 1907 to 1933. Many consider this depiction of Liberty to be one of the most stunning works of numismatic art. The reverse, designed by sculptor Miley Busiek, depicts a male eagle carrying an olive branch as it soars above a nest with a female eagle and her eaglets—symbolizing family, peace, and strength.
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Collector’s Editions and Availability
In addition to bullion versions, the U.S. Mint produces proof and uncirculated Gold Eagles specifically for collectors. Unlike the bullion coins, which are distributed through a network of authorized dealers to ensure they are sold near market prices, these collector’s editions are sold directly to the public by the Mint.
Mintage Figures
The popularity of the Gold Eagles has led to millions being minted since 1986. Below is a summary of the annual mintage figures for the one-ounce Gold Eagles:
| Year | 1 oz. Mintage |
|---|---|
| 1986 | 1,362,650 |
| 1987 | 1,045,500 |
| 1988 | 465,500 |
| 1989 | 415,790 |
| 1990 | 373,210 |
| 1991 | 243,100 |
| 1992 | 275,000 |
| 1993 | 480,192 |
| 1994 | 221,663 |
| 1995 | 200,636 |
| 1996 | 189,148 |
| 1997 | 664,508 |
| 1998 | 1,468,530 |
| 1999 | 1,505,026 |
| 2000 | 433,319 |
| 2001 | 143,605 |
| 2002 | 222,029 |
| 2003 | 416,032 |
| 2004 | 417,019 |
| 2005 | 356,555 |
| 2006 | 237,510 |
| 2007 | 140,016 |
| 2008 | 710,000 |
| 2009 | 1,493,000 |
| 2010 | TBA |
The 2011 Gold Eagle continues this legacy of excellence, offering a blend of historical artistry and enduring value that appeals to collectors and investors alike.