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US Mint to Produce 2021 Morgan and Peace Centennial Silver Dollars

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Designs of the 1921 Morgan and 1921 Peace Dollars

This year marks the 100th anniversary of the switchover from the Morgan Dollar to the Peace Dollar in 1921.

Public Law 116-286, the 1921 Silver Dollar Coin Anniversary Act, was approved by Congress on December 19, 2020 and signed into law by the President on January 5, 2021.

The US Mint halted the production of the Morgan Dollar in 1904 after Congress repealed of the Sherman Silver Purchase Act in 1898.

Due to the Pitman Act, the Morgan dollar was once again minted in 1921. However, the Pitman Act called for a new design of the US Dollar Coin. The Peace Dollar design was chosen because it represented a shift in US culture post World War I from a nation at war to a nation at peace.

To commemorate the switchover the US Mint will be releasing Centennial Commemorative coins featuring the designs of these iconic silver dollar coins this year.

The Morgan Dollar, designed by George Morgan, was produced from 1878 until 1904, then again in 1921.

The Peace Dollar, designed by Anthony de Francisci, was produced from 1921 until 1935.

1921 Silver Dollar Coin Anniversary Act

The law specifies that the centennial dollars will weigh 26.73 grams with a diameter of 1.500 inches. The coins will be minted from no less than 90% silver with a reeded edge.

The design requirements specify that the commemorative silver dollar coins will have an obverse design and a reverse design that are renditions of the designs historically used on the obverse and reverse of the original coins. Mintage amounts or limits are excluded from the bill that was signed into law.

The bill does state that the coins must be sold at a price equal to the sum of their face value and the cost of designing and issuing the coins, including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping. Discounts will be available for bulk purchases, likely companies that are on the Mint’s list of Authorized Purchasers.

The final designs of the coins will be selected by the Secretary of Treasury with input from the Commission on Fine Arts and review by the Citizens Coinage Advisory Committee.

No official release dates for the coins have been specified yet.


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2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary

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2020 American Silver Eagle 75th Privy Proof - Anniversary of the End of World War II

End of World War II 75th Anniversary American Eagle Silver Proof Coin

The most anticipated coin release in recent time was last years’ 2019-S Reverse Proof American Silver Eagle coin. With only 30,000 coins minted, the coin was sold out in minutes from the US Mint website.

Many of those that were lucky enough to score one of these coins turned to eBay to sell for a quick flip. Some are still being sold in PR70 grades in PCGS and NGC slabs for over $2,000. PR69 Examples are selling for upwards of $1,000.

Pretty nice ROI for a coin that was sold by the US Mint for $65.95.

This year there seems to be a lot of hype lately around the US Mint’s upcoming release of a new Silver Eagle Proof coin. The coin is being marketed by the US Mint as a commemorative celebrating the 75th Anniversary of the End of World War II.

The coin is minted by the West Point Mint. It is a proof coin containing a special privy mark shaped like the reflecting pool at the World War II Memorial in Washington, DC. Inside the privy it is stamped with V75.

This is the first time the US Mint has release an American Silver Eagle coin with a privy mark.

The mintage will be limited to just 75,000 coins. Demand has been high for the coin. Some  dealers have already begun listing the coins for sale on eBay for presale at prices ranging from $800 – $1,500.

The coin goes on sale next Thursday November 5 at 12 noon eastern time. You can sign up for reminder alerts on the product page at the US Mint website. I’m sure this coin will sell out quick.

If you’re lucky enough to buy one of the 75,000 coins being made available it should be an easy flip for a huge ROI.

American Silver Eagle Prices

 

Silver Prices

 

Gold Prices

 

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US Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins

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2021 American Eagle Coin Reverse Designs

The Unveiling of the New American Eagle Coin Designs

New reverse designs for both the American Silver Eagle and the American Gold Eagle coins have just been unveiled by the United States Mint. These exciting new designs will be featured on collectible and bullion coins in 2021. The reverse or tails designs will be available for both versions of the silver eagle and gold eagle collectible coins. The American Eagle Coin Program will be celebrating its 35th anniversary in 2021.

The exciting new designs are set to become available toward the middle of the year. As the Director of the United States Mint, David J. Ryder made a statement. He said the United States Mint has an artistic heritage based on excellence. The gorgeous new designs were created to build on this heritage while fortifying the status of the American Eagle Coin Programs as an icon for both the art and numismatic worlds.

The Redesign for the Reverse Side of the American Eagle Coins

The new designs are enchanting portraits of a proud eagles. The inscriptions on the American Silver Eagle and American Gold Eagle coins are the United States of America, In God We Trust, 1 oz. Fine Gold, E Pluribus Unum.

The designer for the AIP or Mint Artistic Infusion Program is Jennie Norris. The beautiful design she created was sculpted by Renata Gordon, the medallic artist for the United States Mint.

Renata Gordon was previously a volunteer raptor handler.

The deep connection she shares with wildlife was responsible for the inspiration required for her design. She spoke of the American Eagle as a sensationally noble bird. Her intention was to capture the intense stare of the eagle through the use of close cropping. The gaze she created speaks of the wisdom and pride generations have passed down over the course of time.

The Specifics of the New Design

The designs depicted on the silver eagle and gold eagle coins are notably different. Both designs are an attribute to the quality coins available through the United States Mint. The design was created by Emily Damstra, an AIP designer.

Michael Gaudioso is the medallic artist for the mint responsible for sculpting the coins. When Emily Damstra reflected on the design she created she spoke of her inspiration. She said she had the desire to create an image with all of the values represented by our national bird. She focused on conveying the most important traits including cooperation, protection, diligence and care in the most unique way possible.

The Head of the Eagle

The head or obverse side of the redesigned American Silver Eagle and American Gold Eagle coins will still show versions of the same historical designs the mint has featured for these coins during the last three decades. The obverse for the gold eagle coin will show a refreshed depiction of the design established by the well-known sculptor Augustus Saint-Gaudens in 1907.

Adolph A. Weinman is the famous sculptor responsible for the original Walking Liberty depiction of 1916. This image will be displayed on the obverse side of the silver eagle coin. The last issues for coins with the current design are the 20EM or One Ounce Silver Proof American Eagle Coin minted in San Francisco in 2020 and the 20EH or one ounce uncirculated gold American Eagle coin minted at West Point in 2020.

The 20EM or silver one-ounce proof coin of 2020 displaying the S mint mark of San Francisco will become available on October 13th of 2020. The 20EH or one ounce uncirculated gold American Eagle coin of 2020 will become available on November 19th of 2020.

Decreasing the Risk of COVID-19

The United States Mint has closed its sales centers until further notice to decrease employee risks in the workplace of exposure to COVID-19. The United States Mint has also made operational adjustments due to the COVID-19 response. There are customer service representatives ready to answer the questions of both potential and current customers.

Credit card information is not currently being accepted on the phone and customers will be unable to place their orders in this manner. All orders can be placed at this time by visiting the official website of the United States Mint.

About the United States Mint

The United States Mint was created by Congress in 1792. In 1873, the Mint was included in the Department of the Treasury. The Mint is the sole manufacturer for the nation of legal tender coinage. This means the Mint has the responsibility of producing and circulating coinage and conducting both commerce and trade for the nation.

Numismatic products are also produced by the United States Mint including commemorative, proof and uncirculated coins, Congressional Gold Medals, bronze and silver medals and gold and silver bullion coins. The numismatic programs of the Mint are self-sustaining to ensure operation with no cost to the taxpayers.

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American Gold Eagle Mintage Charts and History (1986 – Present)

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american gold eagle coin

The American Gold Eagle is the official gold bullion coin of the United States and has been in production since 1986 as a means for private investors to buy precious metals. Mintages vary each year based on investor demand.

The Gold Eagle is minted in four denominations, each containing a specific weight of gold (1 oz, 1/2 oz, 1/4 oz, and 1/10 oz), with the 1 oz coin having a face value of $50. The coin is composed of 22-karat gold (91.67% gold, 3% silver, and the remainder in copper).

The one-half troy ounce has a nominal face value of $25. The quarter ounce Gold Eagle carries a nominal face value of $10. The smallest denomination, the 1/10 troy ounce has a nominal face value of $5.

The nominal face value of each Gold Eagle assures its legal tender status. The intrinsic value of the gold is worth significantly more.

This chart only displays the bullion version of the coin. American Eagle gold proof coins have separate mintage figures.

American Gold Eagle Annual Mintage History

The chart below shows the American Gold Eagle mintage numbers based on sales data for all denominations minted since their introduction in 1986.

Date1 oz.1/2 oz.1/4 oz.1/10 oz.
19861,362,650599,566726,031912,609
19871,045,500131,255269,255580,266
1988465,50045,00049,000159,500
1989415,79044,82981,789264,790
1990373,21031,00041,000210,210
1991243,10024,10036,100165,200
1992275,00054,40459,546209,300
1993480,19273,32471,864210,709
1994221,66362,40072,650206,380
1995200,63653,47483,752223,025
1996189,14839,28760,318401,964
1997664,50879,605108,805528,515
19981,468,530169,029309,8291,344,520
19991,505,026263,013564,2322,750,338
2000433,31979,287128,964569,153
2001143,60548,04771,280269,147
2002222,02970,02762,027230,027
2003416,03279,02974,029245,029
2004417,01998,04072,014250,016
2005356,55580,02372,015300,043
2006237,51066,00560,004285,006
2007140,01647,00234,004190,010
2008710,00061,00070,000305,000
20091,493,000110,000110,000270,000
20101,125,00081,00086,000435,000
2011857,00070,00080,000350,000
2012675,00043,00090,000290,000
2013758,50057,000114,500555,000
2014425,00035,00090,000545,000
2015626,50075,000158,000980,000
2016817,50074,000152,000925,000
2017228,50037,00064,000395,000
2018191,00032,00062,000230,000
2019108,00030,00038,000195,000
2020747,50070,000106,000350,000
20211,115,50095,000162,000490,000
20221850,00075,000140,000575,000
20232924,000102,000 198,000675,000
20242136,50030,00054,000200,000

* Source : USMint.gov

Proof and Special Finish Gold Eagles

Proof Gold Eagles are specially minted coins intended for collectors and have a shinier, mirror-like finish. These coins are sold direct to consumers by the US Mint and are also available from bullion dealers, coin dealers and secondary market sources. These coins are sought after by collectors and can carry numismatic premiums. They are minted in limited quantities, which can make certain years more valuable.

Certain years had lower mintages than others, making Gold Eagle Key Date Coins more rare and desirable. For Gold Eagles, some of the lower mintage years include 1991, 1992, and 1999, especially in the 1/2 oz and 1/4 oz denominations.

The U.S. Mint has released special versions of the Gold Eagle for various anniversaries or events. For example, the 1995-W Proof Gold Eagle is incredibly sought after, especially when found as part of the 10th Anniversary 5-Coin Set.

Gold Eagles that have been professionally graded and received a high grade can be more desirable. For example, a Gold Eagle graded as MS70 (perfect condition) by a reputable grading service like NGC or PCGS can command a significant premium over a non-graded coin or a coin with a lower grade.

Burnished Gold Eagles were introduced in 2006, these coins have a matte finish and were intended for collectors. They feature the “W” mint mark, indicating they were minted at West Point.

Some collectors aim to acquire Gold Eagles in all four denominations for certain years or seek out specific denominations that had lower mintages in particular years.


1 – As of January 3, 2023, the US Mint reports 980,000 troy ounces of gold eagle coins were sold 2022. Although official sales data continues to show 850,000 troy ounces.

2 – Sales data totals through December 31, 2023.

3 – Sales totals through April 1, 2024.

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Various Dealers Offering Huge Buybacks for Enhanced Reverse Proof 2019 Silver Eagles

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The US Mint is releasing a new, limited edition Enhanced Reverse Proof 2019 American Silver Eagle coin at 12:00 noon on November 14, 2019. The offering price for this coin from the US Mint is just $65.95 plus shipping.

The mintage of this coin is limited to just 30,000 coins. It is the lowest American Silver Eagle mintage ever produced. Slightly lower than the 1995-W Proof coin that was only included as part of a special limited edition set. The 1995-W Silver Eagle Proof is one of the key dates for any American Silver Eagle collection.

Of the 30,125 1995-W Proof Silver Eagle coins produced, only 373 are known to exist with a PCGS grade of MS-70, the highest grade available. In a 2013 auction one of those coins sold for nearly $87,000.

There is a lot of hype surrounding the release of the new 2019-S American Silver Eagle Enhanced Reverse Proof coin. There is also a household limit of 1 coin allowed per buyer. Combined, it’s expected that demand for this coin will be much higher than the available supply and that prices after the release are going to skyrocket.

As such, dealers are offering high bounties for those who are able to get their hands on one of the coins and are willing to part with it.

  • Monument Metals is offering a $100 bounty for people who commit to selling the coin to them on the release day.
  • Pinehurst Coins is also offering $100 bounty, however in order to commit to the you’d need to hand over your US Mint login and password, plus your credit card verification code. All very risky.
  • Several buyers on the BullionStackers.com forum are willing to buy for as much as $295 per coin, which is about 4.5 times the asking price from the mint.

It should be obvious that these dealers and buyers know that demand for this coin will skyrocket after the release. Even is MS-69 condition, the 1995-W Proof coin has sold at recent auctions for close to $3,000. MS-69 is likely to be what many of these 2019 Enhanced Reverse Proof ASEs will end up being graded.

It’s hardly much of a risk the limited supply of this coin and the upside potential is tremendous.

Update:

On November 15, 2019, Pinehurst coins began selling the coins purchased through their buyback program through their eBay store for $599. As demand has continued, they have raised the price twice. Initially to $650, then to the current (as of 11/18/2019) $699 per coin. Other’s are selling the coin on eBay for similar amounts and more. Check out the eBay listing for the 2019-S Enhanced Reverse Proof American Silver Eagle.

 

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US Mint American Silver Eagle Coin Sales Increase 19.5% in June to 1.03 Million Ounces

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best place to buy American Silver Eagles online

It has been a fairly lackluster year of Silver Eagle sales for the US Mint. However, in June, sales began to bounce back to higher volumes.

Distributors and Authorized Purchasers purchased over 1 million troy ounces of silver eagles from the US Mint in June. These sales numbers are up nearly 20% from May which saw sales of only 866,000 troy ounces.

Overall, sales of Silver American Eagle coins have been substantially higher for the first half of this year compared to the same period in 2018. The US Mint has sold 10,022,000 troy ounces during the first six month of 2019. During the same period in 2018 only 6,822,500 troy ounces of Eagles were sold.

The increase in sales of 2019 American Silver Eagle coins this year may be due to investors moving money to safer investments as confidence in traditional investments weakens.



The US Mint sells Silver Eagles to wholesale distributors, referred to as Authorized Purchasers, with each Monster Box containing 500 troy ounces of silver.

Silver Eagle Monster Boxes are popular among investors that want to take advantage of the relatively low price of silver.  The price of gold continues to reach highs not seen in several years.

The Gold to Silver Ratio is near historic highs.

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2019 America the Beautiful .999 Silver Proof Quarters

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The 2019 United States Mint America the Beautiful Silver Proof Quarters set includes all five 2019 America the Beautiful Quarters minted in 99.9 percent silver.

This is the first time ever that the US Mint has released Proof Quarters in .999 fine silver. You can buy these Silver Proof Quarters sets online for a small premium over silver spot price, which makes them great for stackers and investors as well as collectors.

The silver in these coins can be seen by comparing the edge of the coin to that of a standard clad coin. On a standard clad coin there will be a line of copper visible along the reeded edge, while on these quarters all you will see is silver.

The First Silver Proof Quarters in .999 Fine Silver

The 2019 edition of the United States Mint America the Beautiful Quarters Silver Proof Set is the 10th annual release of five quarters in the series.

2019 American The Beautiful Quarters Obverse Design

Each coin in this series has a common obverse (heads) with the 1932 portrait of George Washington by John Flanagan. Inscriptions on the obverse are “UNITED STATES OF AMERICA,” “LIBERTY,” “IN GOD WE TRUST,” and “QUARTER DOLLAR.”

2019 American The Beautiful Quarters Reverse Designs

The 2019 reverse (tails) is unique to each coin and honors these treasured sites with unique designs:

Lowell National Historical Park in Massachusetts
The design depicts a mill girl working at a power loom with its prominent circular bobbin battery. A view of Lowell, including the notable Boott Mill clock tower is seen through the window. Inscriptions are “LOWELL,” “MASSACHUSETTS,” “2019,” and “E PLURIBUS UNUM.”

American Memorial Park in the Northern Mariana Islands
The design depicts a young woman in traditional dress at the front of the Flag Circle and Court of Honor. She is resting her hand on the plaque whose text honors the sacrifice of those who died during the Marianas Campaign of World War II. Inscriptions are “AMERICAN MEMORIAL PARK,” “N. MARIANA ISLANDS,” “2019,” and “E PLURIBUS UNUM.”

War in the Pacific National Historical Park in Guam
The design portrays American forces coming ashore at Asan Bay, strengthening the number of troops on the island in the fight for Guam and its eventual liberation. Inscriptions are “WAR IN THE PACIFIC,” “GUAM,” “2019,” and “E PLURIBUS UNUM.”

San Antonio Missions National Historical Park in Texas
This design depicts elements of the Spanish Colonial Real coin to pay tribute to the missions. Within the quadrants are symbols of the missions: wheat symbolizes farming; the arches and bell symbolize community; a lion represents Spanish cultural heritage; and a symbol of the San Antonio River represents irrigation methods and life-sustaining resources. Inscriptions are “SAN ANTONIO MISSIONS,” “TEXAS,” “2019,” and “E PLURIBUS UNUM.”

Frank Church River of No Return Wilderness in Idaho
This design depicts a piloted drift boat on the rushing river encompassed by the trees and rock formations of the Wilderness. Inscriptions are “RIVER OF NO RETURN,” “WILDERNESS,” “IDAHO,” “2019,” and “E PLURIBUS UNUM.”

.999 Silver Proof Coin Specifications:

Denomination:Quarter (25 cents)
Finish:Proof
Composition:99.9% silver
Weight:6.343 grams
Diameter:0.955 inch (24.26 mm)
Edge:Reeded
Mint and Mint Mark:San Francisco – S

Each quarter in the set is minted from .999 fine silver which is the first time the US Mint has ever produced quarters in .999 silver. Each coin has a face value of 25 cents and weighs 6.343 grams (.203 troy ounces).

The complete set of five 2019 American The Beautiful Proof Quarters contains slightly more than 1 troy ounce of fine silver.

You can buy these proof quarter sets from various online bullion dealers and eBay and are perfect for stacking when they can be found for a low premium. They also make an excellent gift for investors, bullion enthusiasts, silver stackers and coin collectors.

UPDATE: Prices are rising 2019 Silver Proof Quarter! Prices and premiums may continue to rise as collectors and investors buy all that they can of these!

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What is the best place to buy American Silver Eagles online?

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best place to buy American Silver Eagles online

For those who are just starting to buy precious metals Silver Eagle coins that are issued by the US Mint are among the safest ways to buy silver. American Silver Eagle coins are a great investment for anyone looking to diversify their portfolio into precious metals. If you have an interest in investing in precious metals you are probably wondering where the best place is to buy American Silver Eagles online.

Can you buy silver eagles from the US Mint?

The US Mint does sell American Silver Eagle Proof and Special Edition coins to the public through their website. However, they do not sell American Silver Eagle bullion coins direct to the public.

The US Mint only sells Silver Eagle bullion coins to a short list of “Authorized Purchasers”, which act as wholesale distributors to online bullion dealers and local coin shops. The process to become an Authorized Purchaser for the US Mint is an arduous one involving a lot of specific requirements that very few companies can meet. Even Authorized Purchaser must pay a premium for Silver Eagles from the Mint.

Even if you’re a collector looking to buy American Silver Eagle Proof or Special Edition coins you can usually find those coins for sale from online bullion dealers for less than you’d pay buying directly from the US Mint.

Are American Silver Eagles legal tender?

Yes. American Silver Eagle coins are legal tender with a face value of $1 US Dollar. The face value of silver eagle coins is backed by the US Government, as is the purity and quality of the coins.

As a result, Silver Eagle coins are one of the most popular precious metals investments in part because of their worldwide recognition.

How and Where to Buy Silver Eagles online

You can buy American Silver Eagle coins from virtually every online bullion dealer or local coin shop. There are several advantages to buy American Silver Eagles online.

The prices of silver eagles vary from dealer to dealer. This is because the dealer needs to recoup their own overhead, operating costs and profit margins. The amount each dealer charges above the silver spot price is called the dealer premium.

For American Silver Eagles, the US Mint charges Authorized Purchasers a premium over the current silver spot price. The premium charged on the wholesale level is around $2.00 per coin. As a result, the break-even cost for distributors is the spot price of silver plus $2.00. Online bullion dealers will pay a premium over this cost because the distributor needs to make a profit.

FindBullionPrices.com tracks the best silver eagle prices across trusted and reputable online bullion dealers. You want to find the best price when you are want to buy American Silver Eagle coins.

What is the best price for American Silver Eagles online?

The best price you are going to find when you buy American Silver Eagle coins online will be the current spot price of silver, plus the premium and profit the wholesale distributors and dealers need.

It is not uncommon to see current year American Silver Eagle for sale online for $3.00 premium over spot price. However, dealers often have sales where you can buy Uncirculated Silver Eagle for as low of $2.25 over spot price. You can subscribe to our deal newsletters to receive sale notifications.

You can find Cheap Silver Eagles for sale for less than the prevailing rates of current year coins. To get the best price for Silver Eagles you need to look into buying Random Year Silver Eagles and Circulated, Tarnished or Cull Condition Silver Eagles.

Silver Eagle Monster Box

Investors looking to get the best price for American Silver Eagles online will want to buy a Monster Box.

A Silver Eagle Monster Box contains 500 coins and weighs 500 troy ounces. Inside each Monster Box, there are 25 tubes of coins. Each of the tubes contain 20 coins each.

You will pay the lowest price per coin when you buy a Silver Eagle Monster Box because you are buying in bulk.

 

 

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American Gold Eagle Coins

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2023 American Gold Eagle Reverse design

When the private ownership of gold was outlawed in 1933, the Gold Reserve Act was passed in 1934 to transfer the seized gold to the US Treasury. The law also prohibited the Treasury and financial institutions from redeeming gold for dollars and halted the new production of gold coins.

The American Gold Eagle Coin is an official gold bullion series that is issued annually by the United States Mint. It was first released in 1986 as authorized under the Gold Bullion Coin Act of 1985.

The Act reconstituted gold and silver coins as legal tender and ordered the US Mint to create the coins from only newly mined domestic sourced metal.

The coins are minted from a 22k alloy that is historically referred to as “crown gold” which contains 91.67% pure gold. The remainder is a mix of copper and silver which provide added hardness to resist the wear and tear that can be caused by circulation.

Gold Eagle coins are available in four denominations. Each denomination has a nominal face value which is far below its intrinsic value.

Gold Eagle DenominationFace ValueAGW
1 oz American Gold Eagle Coin$501 troy ounce
1/2 oz American Gold Eagle Coin$251/2 troy ounce
1/4 oz American Gold Eagle Coin$101/4 troy ounce
1/10 oz American Gold Eagle Coin$51/10 troy ounce

The American Gold Eagle is one of the two official US Mint gold coins, the other being the Gold Buffalo series which debuted in 2006.

Composed of 1 troy ounce in 22 karat gold form, Gold American Eagles include small amounts of silver and copper to provide the soft metal with some rigidity. That gives the coin with great wear-resistance against blemishes and scratches that are possible on pure gold coins.

The obverse of the coin features a modernized rendition of the Augustus Saint Gauden’s design that graced the $20 double eagle which was minted primarily for international trade from 1907 until 1933. The rendering shows Lady Liberty with long flowing hair. Her right arm is raised and holding her torch proudly, a symbol of enlightenment, shining a path to freedom and liberty. Her left is extended out to her side and holds an olive branch, a symbol of peace.

From 1986-1991, the year-dates were shown on the front of the coins using Roman numerals for dates. In 1992, a switch was made to using traditional Arabic numbers for year-dates.

From 1986 until 2001, the reverse design portrayed a male eagle holding an olive branch flying above a nesting female eagle and a baby eagle. This is sometimes referred to as the Type-1 design by coin collectors.

The reverse of the coin was updated with a new design in 2021. The Type-2 design was introduced partway through the year that shows just the head of an eagle with a piercing eye gazing forward.

Both the Type-1 and Type-2 reverse design include inscriptions for the weight, face value and the mottos commonly found on US currency, “In God We Trust” and the latin phrase “E Pluribus Unum” which means “Out of Many, One”.

American Gold Eagles are available in four weight denomination (1/10 oz, 1/4 oz, 1/2 oz, and 1 oz). Each is guaranteed for gold content and purity by the United States Government and carries the designation as legal tender currency.

The fractional denominations of the American Gold Eagles are identical in design to the 1 troy oz coin except for the markings that indicate weight and face value.

While Gold Eagle coins are legal tender in the United States at their face values, the true worth lies in the intrinsic value of the gold from which they are minted.

The US Mint also creates commemorative gold coins that highlight culturally significant people and events.

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PCGS Awards $5,000 Bounty for Circulated W Mint Mark Quarters

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In celebration of the US Mint releasing the 2019-W Quarters into the wild, the coin grading company PCGS, has announced a number of rewards and bounty programs to those who submit some of the first coins for grading.

The reward of $5,000 for first qualifying 2019-W Lowell quarter submitted and certified to PCGS has been confirmed, and we are now proud to announce a $2,000 reward to the first person to submit a 2019-W American Memorial Park quarter to PCGS for grading and encapsulation.

The reward for the first qualifying 2019-W Lowell quarter was split between two nearly simultaneous submissions.

Additional rewards of up to $2,000 are being offered for additional W mint mark quarters that are scheduled to be released this year by the US Mint.

Any quarters submitted for grading with PCGS during the early release period will receive special designations noted on the coin holder labels for those discovered and submitted during the first week of release, noted as “First Week of Discovery”. Those submitted during the first 45 days following the release will receive a designation as “Early Find”.

More information about the rewards bounties and special designations celebrating the 2019-W West Point minted quarters can be found on the PCGS 2019-W Quarter Quest Website.