2024 American Gold Eagle $5 (1/10 oz, Type 2) NGC Official Red Book Label MS70
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Up for bid is a beautiful 2024 Gold Eagle G$5 (Type 2) ungraded coin with a weight of 1/10 ounce. Gold prices are at an all time high and only projected to keep climbing. Don’t miss this opportunity to get a great deal on a precious piece.
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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.
Offered in 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations, these coins are guaranteed by the U.S. government to contain the stated amount of actual gold weight in troy ounces. By law, the gold must come from sources in the United States, alloyed with silver and copper to produce a more wear-resistant coin.
The 22 kt gold alloy is an English standard traditionally referred to as "crown gold". Crown gold alloys had not been used in U.S. coins since 1834, with the gold content having dropped since 1837 to a standard of 0.900 fine for U.S. gold coins. For American Gold Eagles the gold fraction was increased again to .9167 or (22 karat).
The obverse design features a rendition of Augustus Saint-Gaudens' full-length figure of Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left, with the Capitol building in the left background. The design is taken from the $20 Saint-Gaudens gold coin which was commissioned by Theodore Roosevelt to create coins like the ancient Greek and Roman coins.
In 2021, the US Mint introduced a new reverse design on the American Gold Eagle featuring a close-up head portrait of an eagle. This design was created by US Mint artistic designer Jennie Norris (JN) and sculpted by US Mint medallic artist Renata Gordon (RG). Hence, Gold Eagles from 2021 onwards, show the initials JN and RG on each side of the eagle head design. Norris explains her design inspiration as follows: “The American Eagle is such a noble bird. I was hoping to capture the intensity of his stare through the close cropping. His gaze speaks of pride and wisdom passed down through generations of time.”
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Please view all photos closely, as they are part of the description.
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This item will ship USPS Priority insured with the continental US.
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