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When President Reagan signed the Gold Bullion Coin Act of 1985, the law allowed for bullion coins like the gold American Eagle coins to be minted. The main requirement is that the coins be printed using gold mined from the United States. In 1986, gold American Eagle coins made their debut.

The coins are minted according to the 22 karat standard for gold coinage, and the government guarantees that each coin contains its stated weight in gold. To ensure the durability of the coins, each one actually contains a nominal amount of copper and silver. Each one is comprised of 91.67 percent gold, three percent silver, and 5.33 percent copper.

The back side of the coin features a family of eagles, while the face of the coin depicts a picture of Lady Liberty with long, flowing hair. The face value printed on each coin is not the actual value of the coin, but is printed nonetheless for purposes of establishing the gold American Eagle coins as legal tender. For example, a one troy ounce gold coin will probably never be worth as little as the $50 that its face displays.

The coins are printed in denominations of one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. According to the The coins are printed in denominations of one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. According to the U.S. Mint, the coins are an ideal investment not only for their portfolio diversification, but also for their liquidity. In other words, the coins can be sold for cash around the world. The coins sell for market price, plus a small amount to cover the cost to mint and issue the coins.

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