1/2 oz American Gold Eagle

The 1/2 oz American Gold Eagle is a popular gold bullion coin issued by the United States Mint. Introduced in 1986, this coin is part of the American Gold Eagle series and is valued for its gold content and its status as legal tender in the United States. The coin's iconic design and consistent purity have made it a favorite among investors and collectors alike.

Why is the Coin Famous?

The 1/2 oz American Gold Eagle is notable for its classic design, gold purity, and status as a legal tender coin. The obverse features Augustus Saint-Gaudens’ iconic depiction of Lady Liberty, a design that first appeared on the $20 Double Eagle in 1907. The reverse, designed by Miley Busiek, features a family of bald eagles symbolizing strength and unity. The coin's .9167 fine gold content (22 karats) and its backing by the U.S. government add to its allure.

Who Designed the Coin and Why?

The obverse of the 1/2 oz American Gold Eagle was designed by Augustus Saint-Gaudens, an acclaimed sculptor whose work has left a lasting impact on American coinage. Saint-Gaudens' Lady Liberty is considered one of the most beautiful designs in the history of U.S. coins. The reverse was designed by Miley Busiek and features a family of bald eagles, symbolizing America's strength and family values. These designs were chosen to represent the nation's heritage and ideals.

Coin Specifications and Symbolism

• Weight: 1/2 troy ounce (15.55 grams)
• Gold Content: 22 karats (.9167 fine gold)
• Diameter: 27 mm
• Thickness: 2.24 mm
• Edge: Reeded

The 1/2 oz American Gold Eagle is struck with a composition of 91.67% gold, 3% silver, and 5.33% copper, enhancing its durability. The coin's design is rich in symbolism, reflecting America's ideals of liberty and strength. Lady Liberty, holding a torch and olive branch, signifies enlightenment and peace, while the bald eagles on the reverse represent the nation's unity and resilience.

1/2 oz American Gold Eagle Coin Value

The value of the 1/2 oz American Gold Eagle is influenced by several factors including its gold content, current market price of gold, and its condition. Some mintage years are more valuable due to lower production numbers or higher demand among collectors. For example, coins from certain years with lower mintages can carry a premium over their melt value. Coins in exceptional condition, graded by professional services, can also fetch higher prices.

The coin contains 1/2 troy ounce of pure gold, so its intrinsic value is tied to the current gold price. However, its numismatic value can vary based on rarity and condition, making it a versatile asset for both investors and collectors.

The 1/2 oz American Gold Eagle is a well-regarded gold coin that combines beauty, historical significance, and intrinsic value. Its classic design by Augustus Saint-Gaudens and Miley Busiek, along with its durable composition, make it a valuable addition to any portfolio. With fluctuating values tied to the price of gold and numismatic considerations, this coin offers both an investment opportunity and a piece of American heritage.

1/2 oz American Gold Eagle Auctions