Government Issued 1/10 oz $5 Gold American Eagles AT-COST
President Ronald Reagan was well aware of the critical role precious metals plays in protecting the financial well-being of American citizens. He understood how owning gold can offset losses from inflationary pressures and turbulent stock markets. It is for this reason that President Reagan signed into law the Gold Bullion Coin Act of 1985.
The Gold Bullion Coin Act of 1985 was the culmination of President Ronald Reagan’s effort to put locally mined gold in the hands of American citizens. This one act created what is now known as the American Eagle Program. The American Eagle Program has allowed the U.S. Mint to put government backed gold, silver, and platinum into the hands of millions of Americans. The most prominent of these coins, the Gold American Eagle, has been safeguarding financial portfolios since its inception in 1986.