The US Mint celebrates 2022 with the latest American Gold Eagle coins. In 1985 the “Gold Bullion Coin Act” was signed by former President Ronald Reagan to regulate the production and set the value, dimensions and design of the bullion series. The gold used in the minting of the coins was required to originate from newly mined domestic sources. In 1986, the gold eagle bullion series was introduced by the U.S. Mint to honor independence and celebrate freedom, becoming a viable alternative to other international gold bullion series popular at the time - South African Krugerrand and Canadian maple. Made of 91.67% pure gold, the American Gold Eagle holds a legal tender value backed by the US Government. The obverse features an adaptation of Augustus Saint-Gaudens’ gold eagle design with Lady Liberty walking with confidence against the sun’s ray surrounded by fifty stars, symbolizing the unity of the fifty states, the enlightenment and hope that freedom represents and the importance of embracing peace to enrich ourselves with the hopes of a brighter life. The reverse depicts Miley Busiek’s design of a male bald eagle in flight carrying an olive branch to his nest as a female guards the eaglet with her wing. The engraved design symbolizes essential family values, the importance of protecting your loved ones, exuding trust, and honesty to ensure a prosper future. We are proud to offer you the 2022 1 oz Gold American Eagle (Thomas S. Cleveland - U.S. Mint AIP Master Designer, ret. signed label) in a perfect MS70 condition, certified First Day of Issue by Professional Coin Grading Service (PCGS). This preserved piece of history holds a face value of $50 backed by the United States Government. A valuable and timeless investments.