The news most US Gold Coin collectors have been waiting for has finally broke out. The US Mint have announced that they are on course to offer the 2010 Proof Gold Eagle coins and the release date of the sought after coin collection is on October 7 2010. The history of the Proof Gold Eagle Coins came well back in 1986 when the United States started to strike gold and silver bullion coins. Their main intention was to compete with the Canadian Maple Leaf and the other gold coins collection and made the gold coins’ value tied to the value of the market directly.
Although the sale of the Proof Gold Eagles Coins was canceled in 2009, the recent bullion sales declination and the discontinuation of the Gold and Silver Eagle allotment has paved a clear path for the 2010 Proof Gold Eagles Coins to continue its resurrection in the Gold Coins Collection market in the United States. Furthermore, the Gold and Silver Eagle Coins’ collectors’ version were not produced due to their illegal mandate state.
The demands of the gold bullion coins in the United States market were huge thus making the US Mint to play catch up. With works being done to satisfy the demand of the market, the US Mint first offered the 2010 Gold Buffalo bullion gold coins in April and followed up the release with the proof version of the same coins.
Nonetheless, the demand for the Gold Eagles Coins never subsided hence the release announcement of the highly anticipated 2010 Proof Gold Eagles coins which will be made in October 2010. Prior to the official launching of the Proof Gold Eagles Coins, the US Mint struck a cameo version of the coin multiple times, a special image made especially for avid coins collectors. The packaging of the Gold Eagles coins add to the special feel of the coins where each coin is placed in sealed capsule, in a beautifully decorated satin-lined velvet case.
The wonderfully packaged gold coins are struck in 22-karat gold with the obverse side design features an olive branch and torch-holding Liberty, a design made famous by Augustus Saint-Gaudens in his previous works. The design on the reverse side of the 2010 Proof Gold Eagles Coins is sculpted with an eagle carrying an olive branch just above a female eagle and its hatchlings in a nest.
The 2010 Proof Gold Eagles Coins were produced with a variety of ranges including the 1 oz, ½ oz, 1/4 oz and the 1/10 oz gold coins mintages. Each of the mintages are sold separately and limited in numbers. In order to make the Proof Eagles Gold Coins equally accessible by the public, the US Mint will not attend to any bookings and orders made before the official launching of the 2010 Proof Gold Eagles Coins on October 7 2010 at noon ET. All price range will only be revealed a week before the official release of the Gold Eagles Coins.
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Auctions in eBay
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