Reagan Coin Act of 1985 Created the 1986 Collectible Set

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关于此套币: 1986 is an extremely important year in Coin Collecting, the reason is quite simple: "Ronald Reagan, Signed "the Gold Bullion Coin Act of 1985 , December 17, 1985", making the coins of 1986 the first Silver and Gold Eagles minted. And the first legal tender gold coins since 1932, although a few are known to exist being minted in 1933, when gold was outlawed in the United States.

The Gold Bullion Coin Act of 1985, Pub. L. No. 99-185, 99 Stat. 1177 (Dec. 17, 1985), codified at 31 U.S.C. § 5112(a)(7) through (a)(10), 31 U.S.C. § 5112(i), 31 U.S.C. § 5116(a)(3), and amending 31 U.S.C. § 5118(d) and 31 U.S.C. § 5132(a)(1), has helped the American Gold Eagle to quickly become one of the world's leaders in gold bullion coin. Produced from gold mined in the United States, American Eagles are imprinted with their gold content and legal tender face value.

The act was passed by United States Congress pursuant to its exclusive power to coin money and set its value, set forth in Article I, Section 8, Clause 5 of the United States Constitution. It was signed by Ronald Reagan on December 17, 1985.[1] One requirement is that all gold used in minting the coins would be from "newly mined domestic sources".

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