2004 American Gold Eagle Coins

The 2004 American Gold Eagle Coins showed another increase for the bullion mintage, but returned a decline in the Proof Eagle numbers.

2004 American Gold Eagle Coins
Mintage: 417,019 One Ounce Bullion, 28,215 One Ounce Proof
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Continued increases in the gold market probably helped the bullion mintage to reach a peak that it would not obtain again for four years. Gold averaged $409.72 for the year, a jump of $46.34 from where it stood the previous year.

The Mint had mintage caps in place for all of the Proof Gold Eagle strikes – 9,000 individual Ounce Eagles, 8,000 individual 1/2 Ounce Eagles, 11,000 individual 1/4 Ounce Eagles and 25,000 individual 1/10 Ounce Eagles. A cap of 25,000 was also placed on the Gold Eagle 4-Coin Set.

2004 Gold Eagle Mintage

Bullion Gold Eagle Mintage

With increases shown in all but the 1/4 Ounce Bullion Eagle, the Bullion Eagle mintage reached a level that it would not get to again for four years.

The chart below shows the total mintage of 2004-dated Bullion Gold Eagles:

One Ounce Bullion Gold Eagle 417,019
1/2 Ounce Bullion Gold Eagle 98,040
1/4 Ounce Bullion Gold Eagle 72,014
1/2 Ounce Bullion Gold Eagle 250,016

Proof Gold Eagle Mintage

Despite increases in the ounce and 1/2 ounce individual coin mintages, the total Proof Eagle mintage dropped for the year led by a large drop in the number of individual 1/10 ounce Eagles sold.

The chart below shows the total mintage of 2004-dated Proof Gold Eagles which includes the number sold as part of the Gold Eagle 4-Coin Set (of which 19,495 were sold).

One Ounce Proof Gold Eagle 28,215
1/2 Ounce Proof Gold Eagle 27,330
1/4 Ounce Proof Gold Eagle 28,839
1/10 Ounce Proof Gold Eagle 35,131

Issue Information

The 2004 Gold Eagles marked the nineteenth year in which the US Mint produced the strikes.

Release Date

Proof Gold Eagles were released by the US Mint on May 24, 2004. Bullion Gold Eagles were available for most of the year from the Mint’s network or authorized purchasers.

Issue Price

The Mint once again raised the price it charged for the Proof Gold Eagles based on the increasing cost of the gold that went into each strike. The 2004 price levels were set at $675 for the One Ounce Proof, $335 for the 1/2 Ounce Proof, $175 for the 1/4 Ounce Proof and $90 for the 1/10 Ounce Proof. The 4-Coin Set sold for $1,175. Bullion Gold Eagles were available from the Mint’s network of authorized purchasers for a small premium above the current spot price of the gold contained within them.

U.S. Mint Production Facility

A ‘W’ mintmark on each Proof Gold Eagle indicates it was struck at the US Mint’s facility in West Point.

Designer & Sculptor

Augustus Saint-Gaudens designed the image of Lady Liberty seen on the obverse (heads side) of the Gold Eagles originally for the 1907-1933 Double Eagle Coin. The reverse (tails side) was designed by Miley Busiek and shows a male eagle soaring above the family nest.

Coin Specifications

(For One Ounce Gold Eagles)

Face Value: $50
Finish: Bullion, Proof
Composition: 91.67% Gold, 3% Silver, 5.33% Copper
Standard Weight: 33.930 g
Standard Diameter: 32.70 mm
Edge: Reeded

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