The American Eagle design is one of the post iconic images ever depicted on a coin. This short video teaches the history of the American Eagle coin and its design, as well as the importance and profit potential a proof Gold American Eagle coin can bring to one’s portfolio or IRA.
Gold American Eagle Proofs – Video Transcription
What are the right gold coins to own? Gold bars and gold bullion may be appropriate for short term cash reserves, but certain U.S. government gold coins may hold much higher, long term profit potential than others. Gold American Eagle proofs for example, they are some of the most evocative and cherished designs ever struck on a U.S. gold coin. As depicted by the famed American sculptor, Augustus Saint-Gaudens, the obverse design features a full length figure of Lady Liberty holding a torch in her right hand with an olive branch in her left. The reverse design features a male eagle carrying an olive branch, flying above a nest containing a female eagle with her hatchlings. Gold American Eagle proof coins also undergo a unique minting process that involves gold blanks being struck multiple times by special dyes at the U.S. Mint. This specialized process produces a finished gold coin, whose image appears to float above the coin’s mirror-like background. Since 1986, the U.S. Mint has purposely created these unique gold proof coins in relatively low numbers, specifically with a discerning collector in mind, making Gold American Eagle proof coins often worth considerably more than a gold bar or a piece of gold bullion.
Brad Castillo: 01:25
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