The business strike 2021 American Gold Eagle Type 2 is an official gold bullion coin of the United States. The newly designed reverse of each coin features a portrayal of an eagle. Inscriptions on each are “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “IN GOD WE TRUST,” along with the face value and size.
The newly designed reverse of each coin features a portrayal of an eagle. Inscriptions on each are “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “IN GOD WE TRUST,” along with the face value and size.
The obverse design on each coin features Augustus Saint-Gaudens’ full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. For the 2021 coin, the United States Mint returned to its original historical assets in 2020 to render a closer reflection of Saint-Gaudens’ original vision and detail.
Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. 2021 1 oz, $50 American Gold Eagle Type 2’s are an ideal store of wealth as well as an excellent hedge against correlated individual dollar-denominated assets i.e.( 401(k), 403(b) and IRA accounts). The 2020 1 oz, $50 American Gold Eagle typically carries the lowest premium of the four coin American Gold Eagle series.
American Gold Eagle Type 2’s are offered in weights and denominations consisting of tenth ounce $5, quarter ounce $10, half ounce $25 and one ounce, $50. These coins are guaranteed by the U.S. government to contain the stated amount of actual gold weight in troy ounces. By law, the gold must come from sources in America, alloyed with silver and copper to produce a more wear-resistant coin.
The 22 kt gold alloy is an English standard traditionally referred to as crown gold. Crown gold alloys had not been used in U.S . coins since 1834, with the gold content having dropped since 1837 to a standard of 0.900 fine for U.S . gold coins. For American Gold Eagles the gold fraction was increased again to .9167 or (22 karat). It is authorized by the United States Congress and is backed by the United States Mint for weight and content.