Description
The 2007 1/4 oz American Gold Eagle coin, minted at the West Point Mint (indicated by the “W” mint mark), is a part of the famous American Eagle series by the United States Mint. Here’s a detailed product description based on available information:
Overview:
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Year: 2007
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Weight: 1/4 troy ounce of .9167 pure gold (22 karat)
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Mint Mark: W (West Point)
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Face Value: $10 (USD), backed by the U.S. Government for its gold content and purity.
Design:
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Obverse: Features Augustus Saint-Gaudens’ iconic portrayal of Lady Liberty, depicted in a full-length figure with flowing hair, holding a torch in her right hand and an olive branch in her left. The Capitol building is visible in the background. The inscriptions include “LIBERTY,” the year of issue “2007”, and the “W” mint mark.
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Reverse: Designed by Miley Busiek, it shows a family of bald eagles, with a male eagle flying overhead carrying an olive branch, symbolizing peace, to a female eagle and her eaglets in the nest. The inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” “1/4 OZ. FINE GOLD,” and “10 DOLLARS.”
Specifications:
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Gross Weight: 8.483 grams
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Gold Content: 7.776 grams (1/4 troy ounce)
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Diameter: Approx. 22 mm
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Edge: Reeded
Mintage:
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The 2007 1/4 oz American Gold Eagle had one of the lowest mintages for its denomination in the series’ history, which enhances its collectibility due to its relative scarcity.
Investment and Collectibility:
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These coins are prized not only for their gold content but also for their collectible value, especially given the low mintage for that year. They are recognized worldwide, making them liquid assets for investors.
Legal Tender Status:
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While their market value is far greater than their face value due to the gold content, they are still legal tender in the United States.
This coin represents a blend of investment in precious metals with numismatic value, particularly appealing to collectors due to its limited mintage and historical designs. The use of gold sourced from the United States and the craftsmanship involved in its production further enhances its desirability.