2020 $50 1 oz Gold American Eagle Proof 70 Coin Description:
History of the Coin: The Gold Bullion Act of 1985 authorized the U.S. Mint to begin producing the Gold American Eagle in 1986. Since that time the Gold American Eagle has enjoyed immense popularity from collectors and investors. Investing in the Gold American Eagle is investing America because by law all of the gold used in the minting of these coins must be sourced from the United States.
Design inspiration for the obverse of the Gold American Eagle came from what is widely regarded as one of the most beautiful coins in numismatic history, the 1907 Double-Eagle designed by Augustus Saint-Gaudens. President Roosevelt commissioned Saint-Gaudens to improve the look of American coins. The result was an iconic image of Lady Liberty that has transformed the coin world.
The Gold American Eagle PF 70 coins feature Lady Liberty with her flowing dress and hair, confidently striding forward with her right foot. A torch that symbolizes the light and hope of the world is grasped in her right hand and an olive branch signifying peace is held in her left hand.
Miley Busiek designed the reverse of the coin and makes ample use of another iconic image of America. A large male bald eagle is returning to his nest that is currently occupied by a female bald eagle and their eaglet. UNITED STATES OF AMERICA is directly above the head of the male bald eagle and centered at the top of the coin. IN GOD WE TRUST can also be found on the reverse of the coin just to the right of the head of the female. The patriotic design of the reverse along with the classic design of the obverse make the Gold American Eagle arguably the most patriotic coin in American history.
The painstaking process of minting proof coins includes striking the coin multiple times. This extra attention to detail results in a near mirror-like finish and differentiates proof coins from bullion coins. The 2020 Gold American Eagle Proof 70 coin has been graded by an independent third party and determined to be in perfect, pristine condition by NGC. Each gold coin is incapsulated in tamper proof protective slab that protects your investment for generations.
Wholesale Coins Direct has 1 oz. Gold American Eagle Proof 70 coins as well as the 1/2 oz., 1/4 oz., and 1/10 versions of the coin. The coins can be purchased individually or as a four-coin set. Invest in a company your can trust and purchase your Gold American Eagle PF 70 coins from Wholesale Coins Direct.
Each coin contains 1 oz. of gold
Multiple strikes per coin resulting in a mirror-like finish
Independently graded to be in perfect condition Proof 70 condition
Lady Liberty design based on the 1907 Saint-Gaudens Gold Double-Eagle
Reverse is a beautiful design the bald eagle
Protected and sealed in tamper-proof plastic slab in PF 70 condition by NGC
Why invest in the coin? The best-selling investment grade coin is the Gold American Eagle PF 70 coin available at Wholesale Coins Direct. A proof coin is struck multiple times but not all proof coins are created equal. Only proof 70 coins are perfect pristine examples and represent all smaller population of all proof coins minted in a specific year. The popularity and smaller population of the Gold American Eagle make proof 70 coins an excellent investment in precious metals and can further help diversify your financial portfolio.