1st American Reserve's Mike Fuljenz contributed this piece of news of what we can look forward to in 2021. Last Thursday, the U.S. Mint unveiled the new reverse design for the American Eagle Gold and Silver bullion and collectible coins for 2021, a year which marks the centennial of the first Peace Dollar and the final Morgan Dollar year as well as the 35th anniversary of the American Eagle Coin, which debuted in 1986.
For the American Eagle Gold reverse, the Mint’s Artistic Infusion Program (AIP) designer Jennie Norris created a portrait of the noble head of an eagle that was sculpted by Mint Medallic Artist Renata Gordon. Ms. Norris, a former volunteer raptor handler, drew her inspiration from a lifelong connection with wild birds, saying, “His gaze speaks of pride and wisdom passed down through generations of time.”
The American Eagle Silver reverse depicts a single eagle coming in for a landing, carrying an oak branch as if to add it to a family nest. AIP designer Emily Damstra created the design, which was then sculpted by Mint Medallic Artist Michael Gaudioso. Ms. Damstra commented that her design grew from a desire to show the traits of our national bird, “such as diligence, cooperation, care, and protection.”
The obverse (the front or “heads” side) will remain the same – the classic Augustus Saint-Gaudens gold design and the 1916 “Walking Liberty” design by Adolph A. Weinman for the Silver American Eagle.
The new 2021 America Eagle coins will be introduced around the middle of 2021, meaning that there will be two American Eagle designs dates for 2021 – the old design and the new. That means the 2021 date will be collectible for both the old and new design, with limited mintages for both old and new transitional designs.
Partial-year mintages, or first and last year mintages, are always popular, potentially adding to the premium over spot prices. In addition, due to Covid-19 exposure risk, the Mint’s sales centers continue to be closed “until further notice,” and the Mint’s production facilities have also been sporadically closed since last March, so there have been some delays in sales and production this year, but sales have still remained brisk.
In September, the U.S. Mint sold 22,000 ounces of American Eagle Gold coins, up 300% from 5,500 oz. last September. American Eagle Silver coin sales in September were up 190% from last September, with 2,958,000 ounces sold in 2020 vs. 1,021,000 sold last September. Through nine months, American Eagle Gold sales were up 400% (637,500 ounces vs. 127,500 in 2019) and silver sales are up 59% in 2020.