2020 $5 1/10 oz Gold American Eagle Proof 70 Coin Description:
History of the Coin: Authorized in 1985 as part of the Gold Bullion Act and first produced in 1986, the Gold American Eagle quickly became a much sought after investment. The Gold American Eagle is minted in four different sizes, 1 oz., 1/2 oz., 1/4 oz., and 1/10 oz. These gold coins are available individually or as a four coin set. Gold American Eagle coins must be minted using gold sourced directly from America and is the weight and purity of each coin is guaranteed by the United States government.
The design of the Gold American Eagle coins has its roots in the 1907 Saint-Gardens Double Eagle. This coin is widely regarded in the numismatic world for its beauty. The coin was named after sculptor Augustus Saint-Gaudens who was commissioned by President Roosevelt to improve the aesthetics of American coinage.
The result is the personification of Lady Liberty. In this interpretation Lady Liberty is seen confidently striding forward with her right foot in front of her left with hair and dress flowing in the wind as she hold a torch in her right hand and an olive branch in her left.
The design of Lady Liberty from Saint-Gaudens still resonates with investors and collectors today and is featured on the 2020 1/10 oz. Gold American Eagle PF 70 coin. Lady Liberty occupies the obverse of the coin while the patriotic bald eagle can be found on the reverse of the coin. Actually three separate bald eagles are featured in the reverse design. A large male bald eagle with wings spread wide is returning to his nest occupied by a female bald eagle and eaglet that patiently await his return. At the top of the coin just above the head of the male bald eagle is UNITED STATES OF AMERICA while IN GOD WE TRUST is to the right of the female bald eagle.
Proof coins are different from the traditional bullion coins because proof coins are struck multiple time resulting in the coin having an almost mirror-like finish. Bullion coins are produced in greater number than proof coins. Proof 70 coins are a smaller population of all proof coins minted for a given year. A proof coin receiving the grade of PF 70 by a third party is deemed to be in perfect condition. Each gold coin will arrive in a plastic slab designed to keep your investment in mint condition for years to come.
Wholesale Coins Direct is your source for investment grade coins like the Gold American Eagle 1/10 oz. PF 70 coin. Purchase individuals gold coins or the entire four coin set for 2020.
Each coin is 1/10 oz. of gold and guaranteed by the U.S. government
Proof coins are struck multiple times resulting in a mirror-like finish
Graded by NGC to be in perfect PF 70 condition
Lady Liberty is featured on the obverse of the coin