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Quarter Ounce Proof Gold Eagles
Since the passage of the Gold Bullion Act of 1985, the American Gold Eagle Bullion coins have been diligently produced each year. Ronald Reagan signed the bill into action, forever changing the US precious metals industry. The first American Eagle was released in 1986 and was offered in sizes of 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz.
The Proof American Gold Eagles were minted, in just 1 oz increments, in 1986. By 1988, the Proof American Gold Eagle Coin became available in four sizes: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. Unlike the brilliant uncirculated coins, that are only packaged in tubes of 10, the Proof American Gold Eagle's packaging is more aesthetically pleasing. The coin itself is encased in an appropriately fitted capsule then placed into a velvet presentation box with its Certificate of Authenticity. The presentation box is then protected by an official US Mint cardboard box.
Production of the Proof American Gold Eagle
Because the Proof American Gold Eagles are not minted, at the same rate as the brilliant uncirculated coins, their value is higher and is the ideal investment not just for collectors, but investors as well. The proof finish is described as mirror-like and although it contains the same alloy as the brilliant uncirculated version, making it a more durable coin, the proof finish is more sensitive to contact, resulting in an easily scratched coin. Numismatists prefer keeping their Proof Gold Eagles in their original packaging for protection.
To make the Proof American Gold Eagle coin, the process is extremely meticulous. The process begins with a blank put through a spinning drum. When that blank comes out, on the other end, a specialist handles the coin with white gloves to ensure maximum care. The coin is then placed, by hand, into the coin press, where a high pressure strike is released. For BU coins, the dies that strike the coin only come down once but for Proof coins, it happens a few times. This results in a crisper, dimensional image on the coin.
Highest Mintages
Since the Proof American Gold Eagles are produced at a slower pace, than the BU coins, they also have much lower mintages than their bullion counterparts. Below are the highest minted Proof 1/4 oz American Gold Eagles and their mintages for reference.
- 1988-98,028
- 1990-62,674
- 1991-50,839
Investing in American Gold Eagles
The American Gold Eagle Coins offer investors and collectors a seamless asset to their longterm investment goals. Recognized by most retirement and IRA accounts, the American Gold Eagle transcends its face value, while maintaining high intrinsic and numismatic value. The fractional American Gold Eagles come in sizes: 1/2 oz, 1/4 oz, and 1/10 oz. These smaller sizes represent a great entry level coin for nearly anyone. The American Gold Eagle program is the official bullion coin of the US and its popularity is not surprising.
-7.85
