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Saturday, February 16, 2008

The Story Of The American Eagle Coin

The American Eagle gold coin is produced by the US Mint.

Congress approved the American Eagle in 1986 and the coin is a convenient way for investors to add gold, silver or platinum to their investment portfolios, according to the Mint. (Platinum American Eagle coins were added to the line in 1997.)

The obverse side of the American Eagle features the Lady Liberty design by Augustus Saint-Gaudens. That design, according to the Mint, first appeared on the United States' $20, or double-eagle, gold piece in 1907, where it remained until 1933. The reverse of the American Eagle features a male eagle carrying an olive branch flying above a nest containing a female eagle and her hatchlings and was created by sculptor Miley Busiek, according to Wikipedia.

The American Eagle coins, available in units of 10 one-ounce coins for personal delivery only, are for the most part minted by the West Point Mint facility and the coins carry the West Point stamp.

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Thursday, August 16, 2007

Millions of Jefferson $1 Coins Roll Into Circulation

The United States is getting a new coin today -- the Thomas Jefferson $1 coin -- the third coin in the United States Mint's new Presidential $1 Coin series.

Thomas Jefferson $1 coins are available at most banks and financial institutions throughout the country, starting today. The golden-colored Thomas Jefferson $1 Coins may also be purchased in collector bags and rolls on the U.S. Mint's website.

The new Thomas Jefferson $1 Coin is the third coin in the series, because Thomas Jefferson was the third U.S. president. But a survey released this week by the United States Mint found that only 30% of Americans know that fact. According to the Presidential $1 Coin survey, only 7 percent of Americans can name the nation's first four presidents in order: George Washington, John Adams, Thomas Jefferson and James Madison.

"That's what's great about the Presidential $1 Coin Program," says US Mint Director Ed Moy. "These dramatic new Presidential $1 Coins provide a perfect opportunity for Americans to learn more about our Presidents and the critical roles they played in some of our Nation's historic milestones."

To help Americans brush up on their presidential history, the US Mint provides on its website downloadable lesson plans for teachers and parents; background information on the presidents featured in the Presidential $1 Coin Program; and other fun interactive options.


The United States Mint inaugurated the Presidential $1 Coin series with the George Washington Presidential $1 Coin on February 15, in time for Presidents Day Weekend. The John Adams Presidential $1 Coin followed in May. The James Madison Presidential $1 Coin will be introduced on November 15.

"The Presidential $1 Coins not only have educational value," says Moy. "They offer Americans a choice when it comes to their currency. While the dollar bill is useful in many instances, there are other times when a coin is more convenient, such as at vending machines and transit kiosks."

More than half a billion George Washington and John Adams Presidential $1 Coins have been ordered by the Federal Reserve for circulation. Public awareness of the new Presidential $1 Coins has tripled from approximately 18 percent in November 2006, when the designs of the coins were unveiled, to 64 percent in June 2007.

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