Eagles



1838 Gold Eagle
1838 Liberty Head
Gold Eagle

1838 Gold Eagle Reverse
Reverse
   

Eagle
The term “eagle” originated very early in the history of the United States. In 1792, the U.S. government began minting coins, and one of the first it produced was a ten-dollar piece that was called the “Eagle,” which showed a portrait of an eagle, America’s new national bird. The Liberty Head $10-dollar gold eagle was minted from 1838 until 1907.

The United States stopped producing gold coins in 1933. The Great Depression, and the failure of thousands of banks made it necessary for the Government to take more control of the gold supply. The Gold Reserve Act of 1933 required that people turn in all gold coins and gold certificates. For a while, it was against the law for people to own gold or gold certificates, unless they were collectors and had a special license. All of the gold that was surrendered to the Treasury was melted down and stored at a building in Fort Knox, Kentucky.