Since the passage of the Gold Bullion Act of 1985, the American Gold Eagle Bullion coins have been diligently produced each year. Ronald Reagan signed the bill into action, forever changing the US precious metals industry. The first American Eagle was released in 1986 and was offered in sizes of 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz.
The Proof American Gold Eagles were minted, in just 1 oz increments, in 1986. By 1988, the Proof American Gold Eagle Coin became available in four sizes: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. Unlike the brilliant uncirculated coins, that are only packaged in tubes of 10, the Proof American Gold Eagle's packaging is more aesthetically pleasing. The coin itself is encased in an appropriately fitted capsule then placed into a velvet presentation box with its Certificate of Authenticity. The presentation box is then protected by an official US Mint cardboard box.
