Today the U.S. Mint released its 2016 American Eagle Gold Proof Coins, which are composed of 22-karat gold and are offered in 1/10-ounce, 1/4-ounce, 1/2-ounce, and 1-ounce versions.
A four-coin set containing all of these issues has also been issued, and went into “Currently Unavailable” status on the Mint’s Web site less than three hours after its release. It has since been made available via Back Order. There are no sales restrictions or production limits in place for either the set or the individual coins.
The obverse of the Gold Eagle features a classic design by Augustus Saint Gaudens, originally featured on double eagles from 1907 to 1933. The figure of Liberty holds a torch and an olive branch, with rays of sunlight and a depiction of the U.S. Capitol building included in the background. Fifty stars are placed along the rim of the coin, with LIBERTY, 2016, and the West Point Mint’s “W” mint mark inscribed amidst the other design elements.
Miley Busiek designed the reverse, which features a family of eagles. Inscribed in the field are UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST, the coin’s weight, and the monetary denomination.
Prices for the U.S. Mint’s gold coins are adjusted in accordance with the metal’s fluctuating market value, and are subject to change per the Mint’s pricing system. The current costs of the 2016 Gold Eagle Proof coins are as follows: $175 for the 1/10-ounce coin, $410 for the 1/4-ounce coin, $795 for the 1/2-ounce coin, and $1,560 for the 1-ounce piece. The four-coin set is priced at $2,890.
Although the 2015 Proof Gold Eagles have yet to be declared sold out by the Mint, they are listed as “Currently Unavailable” and are likely to be discontinued soon.
For more information on the 2016 American Eagle Gold Proof Coins, please visit the Web site of the U.S. Mint.
Update, 3/18/16: This article originally stated that the 2016 American Eagle Gold Proof Four-Coin Set was Currently Unavailable, but an update has been made to reflect the change in the item’s status.
Leave a Reply