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Gold Eagle Coins

American Eagle Proof Gold Reverse

The history of American coinage could not be told without gold eagle coins. Dating back to the earliest days of our Nation, the Mint produced gold coins as a convenient way to carry valuable, durable currency.

 

The half eagle ($5) and eagle ($10) were the first to debut in 1795 with the quarter eagle ($2.50) following in 1796. In 1849, the double eagle ($20) was minted for the first time to support the California Gold Rush.

 

Although no gold eagle coins have been produced for circulation since 1933, several coins have continued the eagle's legacy in recent years. Since 1986, the Mint has used the Saint-Gaudens Double Eagle design in the modern American Eagle Coin Program for gold bullion and proof obverses.

American Eagle Proof Gold Reverse

As part of the Semiquincentennial celebration in 2026, the Mint will also issue a special Best of the Mint Gold Coin & Silver Medal Set using the Saint-Gaudens design.

1795-1834

Early Gold Eagles

The Mint released the first half eagle and eagle coins in 1795, followed by the quarter eagle in 1796. The original coin designs were created by Mint Engraver Robert Scot and are known today as Capped Bust Right Eagles, referring to the depiction of Liberty on the coin's obverse.

All three denominations used the Capped Bust Right design at first, although modifications were made over time, including replacing the small eagle on the reverse with a heraldic eagle. Scot's designs were phased out entirely by 1807.

Over the next few decades, Liberty's head, direction, and cap would change several times. Mint Assistant Engraver John Reich designed the Capped Bust Left Eagle (1807-1812) and Capped Head Left Eagles (1813-1834) before resigning from the Mint in 1817.


Did you know? The motto "E PLURIBUS UNUM" was first inscribed on a U.S. Mint coin in 1797 on the Capped Bust Right Half Eagle. This occurred when the original reverse design of a small eagle was replaced with a heraldic eagle, resembling the Great Seal of the United States.


1834-1839

Classic Head Eagles

William Kneass succeeded Robert Scot in 1824 as the principal engraver for the Mint. In 1834, he sculpted the Classic Head Eagle (1834-1839). The Classic Head was a departure from the earlier Scot/Reich designs by showing Liberty wearing a headband with uncovered curly hair, as opposed to the capped Liberty design.

The debut of this coin coincided with a Public Law that reduced the weight of gold coins.

Due to the rising price of gold during this period, most gold coins were exported and melted, making early eagles rare collector items today.

Philadelphia Mint background

1838-1908

Liberty Head Eagles

The Liberty Head replaced the Classic Head design on the gold eagle in 1838, the half eagle in 1839, and the quarter eagle in 1840.

Mint Engraver Christian Gobrecht's obverse design portrayed a left-facing Liberty with her hair pulled back, wearing a coronet. The reverse showed a modified version of the Classic Head design with an eagle clutching arrows and an olive branch.

Gobrecht's Liberty Head saw one of the most impressive production runs in the history of circulating coins. The half eagle and eagle were modified slightly in 1866 with the addition of the motto "IN GOD WE TRUST" on the reverse.

The quarter eagle, however, was minted without any changes for 67 years (1840-1907).

Liberty Head Gold Background

In 1849, James Longacre (who succeeded Gobrecht as Mint Engraver five years earlier) modified the Liberty Head obverse for the very first Double Eagle $20 Gold Coin. The reverse departed from the previous design by showing a heraldic eagle with rays of light above its head.

Longacre's double eagle reverse design saw two minor updates during its production run. The Mint added the motto "IN GOD WE TRUST" in 1866 and changed "TWENTY D." to "TWENTY DOLLARS" in 1877.

1907-1933

Indian Head Eagles

During the early 1900s, President Theodore Roosevelt launched a new intiative to overhaul the artistic quality of American coinage. Roosevelt worked with artist Victor Brenner to create a new one-cent piece (the 1909 Lincoln Penny) and artists Bela Lyon Pratt and Augustus Saint-Gaudens to redesign gold eagles. The next three American presidents would continue Roosevelt's work by approving new designs for the Buffalo Nickel (1913), Mercury Dime (1916), Standing Liberty Quater (1916), Walking Liberty Half Dollar (1916), and Peace Dollar (1921).

Artists Saint-Gaudens and Bela Lyon Pratt each created their own Indian Head design, the former for the eagle and the latter for the half eagle and quarter eagle. While Saint-Gaudens' obverse portrays a left-facing Lady Liberty wearing a Native American headdress, Pratt's design shows a left-facing Native American chief.

Neither coin design was without controversey. Pratt's design was incuse, meaning the relief was sunken below the fields of the coin, a bold choice that drew complaints from some numismatists of the day.

Early versions of Saint-Gaudens' high relief Indian Head and Double Eagle coins were difficult to stack, leading to complaints by bankers and revisions to the coins. Most significant, though, was what was not present on the Saint-Gaudens coin.

President Roosevelt objected to the idea of reflecting religious sentiment on coins and therefore omitted "IN GOD WE TRUST" from the 1907 eagle. The move was so controversial that a special Act of Congress (Public Law 60-120) required the Mint to restore the phrase beginning in 1909.

The reverse for all Indian Head coins was a eagle perched on a bundle of arrows with an olive branch in its talons, modeled after Saint-Gaudens' design for Roosevelt's inaugural medal.

1907-1933

Saint-Gaudens Double Eagle

The collaboration between President Roosevelt and Augustus Saint-Gaudens ultimately resulted in what has been called the most beautiful coin ever minted in the U.S. and perhaps the world: the 1907 $20 gold coin, also known as the Double Eagle.

This design underscores that liberty is central to the American spirit. Wherever Liberty goes, so does enlightenment, and peace follows.

On the obverse, Saint-Gaudens shows Liberty, personified by a statuesque woman striding powerfully forward. Liberty’s robe harkens back to our roots as a republic based on the ideals of ancient Greece and Rome. Liberty is leading the way with a torch in her front hand and an olive branch in the back hand.

The U.S. Capitol is depicted in the background, meaning that through representative democracy, Liberty has been fully achieved in America, strengthening her position to go throughout the world.

double eagle background

A young eagle flying during a sunrise is depicted on the reverse. This is America, young and strong, in its ascendancy with a bright future before it. The motto “E PLURIBUS UNUM” is on the edge of the coin, allowing a cleaner design on the obverse and reverse. These stylistic elements represented the visual embodiment of America and made it the definitive American coin.

There were four variations of the 1907 Double Eagle. The first two attempts were considered ultra high relief (also referred to as extremely high relief): a 34 mm version and a 27 mm version, both with Roman numerals. The coining process for the 34 mm version was too arduous, and the United States Mint would later find out it had no authority to mint the 27 mm version.

Its third attempt reduced the relief and was struck in 34 mm version with Roman numerals. Because its relief was reduced, it did not require as much metal flow to fill the design and was more suitable for mass production and approximately 12,000 were made. Finally, in December 1907, a fourth variation was produced, an even lower relief 34 mm version with Arabic numerals.

Despite Saint-Gaudens’ artistic masterpiece, the minting process of the day was not conducive to high relief coins, which he and Roosevelt specifically desired. As a result, despite being considered one of the most beautiful gold pieces ever minted, Saint-Gaudens’ full vision could not be realized in his time.

Ultra High Relief Gold Coin

A century later, the Mint issued the Ultra High Relief Double Eagle Gold Coin in 2009. This coin fulfilled Augustus Saint-Gaudens’ vision of an ultra high relief coin that could not be produced in 1907 with the technology of the time.

Original Saint-Gaudens coin plasters were digitally mapped while the design was updated to reflect the year 2009. An additional four stars to represent the current 50 states was also added as well as the inscription "IN GOD WE TRUST," which was not on the 1907 version. Additionally, a small border was added for a more consistent edge. The 2009 coin was made of 24-karat gold as opposed to 22-karat gold.


Content last updated on March 26, 2026