The United States Mint today, June 28, 2012, will release the 2012 American Eagle Gold Uncirculated Coin. This numismatic version of the bullion Gold Eagle will go on sale beginning at Noon, Eastern.
The US Mint indicates there will be no household order or mintage limit in place on the strike. Instead, customer demand will determine the final mintage of the release.
A description provided by the Mint for the coin states:
"The American Eagle One Ounce Gold Uncirculated Coin is the collector version of the American Eagle Gold One Ounce Bullion Coin. Struck on specially burnished blanks, the coin bears a finish similar to its bullion counterpart but has a "W" mint mark, indicating its production at the United States Mint at West Point. Each coin is encapsulated in plastic, mounted in a presentation case and accompanied by a Certificate of Authenticity."
This strike features the same basic designs and specifications as the one ounce Gold Eagle Bullion Coin as well as the related Gold Eagle Proof Coin. This includes a composition of 91.67% gold, 3% silver, and 5.33% copper. Each one ounce coin contains exactly one ounce of gold with the remaining metal content added to aid in durability.
Shown on the obverse of each piece is a design of "Liberty" by Augustus St. Gaudens. The design of Liberty was first used on the 1907 Double Eagle and is considered by many to be one of the most beautiful ever struck on an American coin.
The reverse depicts a family of eagles design. It shows the male soaring above the nest where the female and an eaglet may be found. This design is the work of Mrs. Miley Frances Busiek.
Uncirculated Gold Eagles made their debut from the US Mint in 2006. This was twenty-years after the related bullion and proof coins were first issued. The uncirculated Eagles were struck for three years before being cancelled in 2009.
That year saw the US Mint facing unprecedented demand for the related bullion coins, which they were required by law to strike to meet demand. In an attempt to produce as many of the bullion coins as possible, the proof and these uncirculated Eagles were cancelled. The uncirculated Eagles were not returned to the Mint's product line-up until last year, 2011.
Pricing on these coins will be adjusted, if needed, based on the Mint's precious metal coin product pricing matrix. This links the price of the coins to recent gold market activity.
When released, orders for the 2012 Uncirculated Gold Eagle may be made at the United States Mint's online catalog, http://www.usmint.gov/catalog, or at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers may order by calling 1-888-321-MINT (6468). A shipping and handling fee of $4.95 per order will be added to all domestic orders.