The United States Mint today, March 17, released five collectible products featuring varying sizes and quantities of 2016-W American Eagle Gold Proof Coins.
American Gold Eagles are produced in 1 oz., 1/2 oz., 1/4 oz. and 1/10 oz. sizes with corresponding denominations of $50, $25, $10 and $5. Product choices include each coin size and a four-coin set that has them all.
Struck for coin collectors and unlike the bullion versions made for investors, these proofs have frosted designs with mirror-like fields and they bear ‘W’ mint marks from West Point Mint. Released annually since 1986, Gold Eagles share the same designs and 22-karat gold composition.
Early pricing for the proofs and four-coin set follow.
|2016-W Proof Gold Eagles (1 oz)||$1,560.00|
|2016-W Proof Gold Eagles (1/2 oz)||$795.00|
|2016-W Proof Gold Eagles (1/4 oz)||$410.50|
|2016-W Proof Gold Eagles (1/10 oz)||$175.00|
|2016-W Proof Gold Eagle Four-Coin Set||$2,890.00|
Prices are subject to change because they are established using a weekly average of London gold. Current prices are based on an average that is within the range of $1,200.00 to $1,249.99 an ounce. If the average weekly price of gold moves up or down into another cost range, the price of the product will go up or down by as much as $50 for every ounce of gold content.
Coin Designs and Specifications
On their obverse or heads side, American Gold Eagles feature Augustus Saint-Gaudens’ image of Liberty with flowing hair holding a lit torch in her right hand and an olive branch in her left. A small image of the U.S. Capitol building appears behind Liberty along with stretching rays of sunshine. Surrounding the design are 50 stars and inscriptions of LIBERTY, 2016 and the ‘W’ mint mark.
Miley Frances Busiek’s depiction of a family of eagles appears on reverses. The design shows a male eagle carrying an olive branch, flying above a nest containing a female eagle and her eaglets. Reverse inscriptions include UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST and the coin’s precious metal weight and legal tender face value.
|Composition||22 Karat Gold (91.67% Gold
|Weight||1.0909 troy oz.
|0.5455 troy oz.
|0.2727 troy oz.
|.1091 troy oz.
Buy the collector products using the U.S. Mint’s online page of gold coins, located here, or call 1-800-USA-MINT (872-6468).
There is no mintage, product or household ordering limits. Collector demand determines how many are made.