As the late 1990s approached with Y2K concerns and a slowing American economy, the demand for gold surged, impacting the prices of this precious metal. Riding this wave of demand, the 1998 1 oz American Gold Eagle Coin, the official bullion coin of the US, achieved higher mintage figures. Now, available at BGASC, this coin offers a remarkable investment opportunity.

Highlights:

• Securely packaged in a protective flip!
• Marks the 13th release of the American Gold Eagle bullion coin!
• Limited mintage of only 1,468,530 coins!
• Contains 1 Troy oz of actual gold content.
• Face value of $50 (USD) is fully backed by the US government.
• Obverse features the iconic image of Liberty from the $20 Gold Double Eagle.
• Reverse showcases the American bald eagle design created by Miley Busiek.

All 1998 1 oz American Gold Eagle coins offered by BGASC are shipped in plastic flips. As of 2023, the 1998 1 oz Gold Eagle retains the third highest mintage mark in program history behind only the 1999 and 2009 releases, respectively.

Obverse

The obverse of these coins showcases the timeless design of Liberty, created in 1907 by Augustus Saint-Gaudens. President Theodore Roosevelt commissioned this design as part of an initiative to overhaul the nation’s gold coin designs.

Reverse

On the reverse, you’ll find the exclusive image of a nesting family of bald eagles. This distinctive American bald eagle design is specific to the American Gold Eagle collection, depicting a male eagle flying over a nest full of hatchlings, closely watched by a female eagle.

History

In 1998, the 1 oz American Gold Eagle coin surpassed 1 million in mintage for the first time since 1987, setting a record for the highest mintage figure in its history up to that point.

Various factors fueled the rising popularity of the American Gold Eagle coin in 1998. The US Dollar weakened as Y2K concerns and the looming DotCom bubble created uncertainty, leading to a surge in gold prices. Investors sought refuge in safe-haven metals like American Gold Eagle bullion coins.

Ordering

For any inquiries, please reach out to BGASC. Our dedicated customer service team is available by phone at 888-992-4272, through our live web chat feature, and via email.