Saturday, March 31, 2012
American Gold Eagle
The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986.
The American Gold Eagle contains one ounce of pure Gold. It contains 91.67% gold (22 karat), 3% silver, and 5.33% copper. This is the make the coin more durable for general circulation.
During 1989, the price of gold spent much of the year below the $400 per ounce level, although brief spikes briefly brought the price above the key level in January, November, and December. The average price of gold for the year was $381.44.
1989 Gold Eagle Specifications
Date: MCMLXXXIX (1989)
Mint Mark: none (bullion), W ($50 proof), P ($25, $10, $5 proof)
Composition: 91.67% gold, 3% silver, 5.33% copper
Designers: Augustus Saint-Gaudens (obverse), Miley Busiek (reverse)
1989 Gold Eagle Mintage
Bullion Mintage: 415,790 (1 oz), 44,829 (1/2 oz), 81,789 (1/4 oz), 264,790 (1/10 oz)
[1992 American Gold Eagle. Of note, this year marked the switch from expressing the dates for American Gold Eagle coins as Roman numerals to Arabic numerals.]
http://goldeagleguide.com/1989-gold-eagle/
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Gold Bullion
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