Those looking for the newest American Gold Eagle can now place their orders. At noon ET today, April 30, the United States Mint released the 2015-W $50 Uncirculated American Gold Eagle for $1,475. That’s $100 less than where last year’s coin debuted, thanks to lower gold prices.
This one-ounce, 22-karat gold piece is a collector version of the U.S. Mint’s most popular gold products, the investment-targeted bullion Gold Eagles.
"Although they are similar in appearance to American Eagle Bullion Coins, uncirculated quality coins are distinguished by the presence of a mint mark, indicating their production facility (W for West Point), and by the use of burnished coin blanks, which are hand-fed into specially adapted coining presses one at a time," offers the Mint on its website.
Coin Designs and Specifications
Since the program of American Gold Eagles was introduced, all coins have shared the same obverse and reverse designs. This includes an obverse of Liberty, as created by Augustus Saint-Gaudens. Lady Liberty holds an olive branch and lit torch as she strides confidently forward against the backdrop of the rising sun and the U.S. Capitol building.
Reverses offers sculptor Miley Busiek’s eagle family design. In it, a male eagle is shown carrying an olive branch as it flies above a nest containing a female eagle and her hatchlings.
|Composition:||91.67% Gold, 3.0% Silver, Balance Copper|
|Weight:||1.0909 troy oz. (33.931 grams)|
|Diameter:||1.287 inches (32.70 mm)|
|Thickness||0.113 inch (2.87 mm)|
|Mint Mark:||West Point – W|
2015-W $50 Uncirculated American Gold Eagles are available from the United States Mint’s online product page located here, or by calling 1-800-USA-MINT (872-6468).
There are no household limits, product or order limits are in place, offering customers the opportunity to order as many as they would like. Initial pricing is based on a weekly average of London gold prices that resides within the $1,150.00 to $1,199.99 an ounce range. The Mint analyzes gold prices each Wednesday. Each $50 movement outside a pricing tier will move the Gold Eagle’s price by $50. This is explained on the Mint’s page for gold coins.
Uncirculated Gold Eagles debuted in 2006, joining the U.S. Mint’s line-up of bullion and proof versions with those dating back 1986. They were initially offered in smaller fractional sizes along with the one-ounce, but those were discontinued after a portfolio analysis was completed by Mint officials. Also, in 2009 and 2010, its production was canceled as the Mint diverted gold blanks toward bullion production. The chart below shows mintages for years in which the coin has sold.
2006 – 2014 Mintages of Uncirculated American Gold Eagles
|$50 (1 oz)||$25 (1/2 oz)||$10 (1/4 oz)||$5 (1/10 oz)|