Gold Coin Information
The United States Mint first released the 2011 American Gold Eagle amidst a record high price for gold and elevated worldwide demand for physical precious metals. The popular 22 karat gold bullion and collector coin offering features the iconic design of Liberty by Augustus Saint Gaudens and a depiction of a family of eagles by Miley Busiek.
The 2011 Gold Eagle bullion coins were first available to the US Mint’s authorized purchaser network on January 3, 2011. These bulk bullion dealers are charged with distributing the coins to the public and creating a liquid market for US Mint bullion coins. Initial sales for the one ounce gold coins have been strong, continuing the trend of recent years. At a later date, fractional weight versions of the bullion coin will also be released.
Collectors will have two different versions of the coin to look forward to during the year. The 2011 Proof Gold Eagles will be available for sale on April 21, 2011. Product offerings are expected to include individual one ounce, half ounce, quarter ounce, and tenth ounce coins as well as a four coin set. Each coin will be struck at the West Point Mint and carry a high quality proof finish.
On May 5, 2011, the US Mint will release the 2011-W Uncirculated Gold Eagle. This is a collectible uncirculated version of the coin that is struck on specially burnished blanks. The coins also carry the “W” mint mark to further distinguish them from the bullion counterpart. Only one ounce size coins are expected to be available. This issue will mark the continuation of the collector product after a two year gap.
Designer: Augustus Saint Gaudens (obverse), Miley Busiek (reverse)
Mint Mark: none (bullion)
Weight: 1.0909 troy oz (33.930 grams)
Composition: 91.67% gold, 3% silver, 5.33% copper
Diameter: 1.287 inches (32.7 mm)
Thickness: 0.113 inches (2.87 mm)
More Information: Gold Eagles