Earlier today, the United States Mint started accepting orders for the 2014 American Gold Eagle Proof Coins. This is one of the Mint’s flagship products, representing a collector version of the popular bullion coins.
The obverse of the American Gold Eagle features Augustus Saint Gaudens’ classic design from the double eagles minted for circulation from 1907 to 1933. The full length figure of Liberty appears holding a lit torch and olive branch, stepping confidently forward against the backdrop of the rays of the rising sun. The U.S. Capitol building appears in the background with 50 stars surrounding the image. The reverse design of the coin was created by Miley Busiek and carries a depiction of a male eagle carrying an olive branch to a nest containing a female eagle and eaglets.
The 2014 Proof Gold Eagle is available across four different sizes each with a different legal tender face value. The sizes include one ounce coins with a $50 face value, one-half ounce coins with a $25 face value, one-quarter ounce coins with a $10 face value, and one-tenth ounce coins with a $5 face value.
Each coin has a composition of 91.67% gold, 3% silver, and 5.33% copper and contains the stated weight in pure gold. All coins are struck at the West Point Mint and carry the “W” mint mark.
The coins are offered for sale individually or within a four coin set. The United States Mint has established product limits for each option, which also serve to create mintage limits for each coin. The mintage limits for each coin have seen a reduction of 5,000 pieces compared to the prior year.
2014 Proof Gold Eagle Product and Mintage Limits
|Product Limit||Mintage Limit|
|Four Coin Set||15,000||N/A|
The prices for each product option are determined based on the average weekly market price of gold and may be adjusted as frequently as weekly. For the start of sales prices are based on a market price of gold within the $1,250 to $1,299.99 range. The initial prices are $1,610 for the individual one ounce coin, $820 for the individual one-half ounce, $422.50 for the individual one-quarter ounce, $180.00 for the individual one-tenth ounce, and $2,982.50 for the four coin set.