The obsolete gold coins that have an eagle on the reverse are: $20 Double Eagle-$10 Eagle-$5 Half Eagle-$2.5 Quarter Eagle. The American Eagle gold bullion coins also have "Eagle" reverses.

There is a few reasons.

The American Gold Eagle is considered legal tender in the United States with a face value of $50 though the intrinsic value of its gold content is much higher.

These bullion coins are traded based on the market value for gold.

The US Gold Eagle can be used in contracts in the USA based on their $50 face value although they are traded based on the market rate for gold.

The American Gold Eagle has 1 oz Fine Gold printed in English on the coin making them highly trustworthy and tradable.

The US Gold Eagle has its 1 oz fine gold content guaranteed by the United States Government.

The American Gold Eagle is one of the freest trading gold coins in the world.

US Gold Eagles are 22 Karat gold which gives them a more durable surface.

The American Gold Eagle is the number one gold coin in North America.

American Gold Eagles are acceptable for your precious metal IRA.

The American Gold Eagle is one of the most private investments there is as Gold Eagles are exempt from IRS 1099B Brokerage reporting requirements.

The value of a Gold American Eagle varies depending on multiple factors, including year, mintage and condition. Check out the Gold American Eagle page at APMEX.com for more about the coin itself and to gauge pricing.

APMEX - The Gold Standard in Precious Metal Trading

The value of a Gold American Eagle varies depending on multiple factors, including year, mintage and condition. Check out the Gold American Eagle page at APMEX.com for more about the coin itself and to gauge pricing.

APMEX - The Gold Standard in Precious Metal Trading

The American Gold Eagle is the U.S.' official gold bullion coin. It was approved by the Gold Bullion Coin Act of 1985 and first given by the U. S. Mint in 1986. Purchasing gold eagles for sale is considered the most flexible form of physical gold investment. As a result, American Eagle coins are an excellent inflation hedge. Purchasing gold eagles is thus an intelligent investment.