Yes, this is a gift your new grandchild won’t forget: an American Eagle Gold Coin.
Here is the official information on this coin from the US Mint. Only a limited number of these coins are minted each year—once they sell out, they are gone until next year’s version.
“The 2020 American Eagle One-Tenth Ounce Gold Proof Coin features a breathtaking design of Liberty.
Struck in 22-karat gold and exquisitely crafted, it is cherished by collectors around the world.
Packaged in a burgundy velvet, satin-lined presentation case.
The American Eagle One-Tenth Ounce Gold Proof Coin is a collector version of the official United States Mint American Eagle One-Tenth Ounce Gold Bullion Coin.
Authorized by the Bullion Coin Act of 1985, American Eagle Gold Bullion Coins quickly became one of the world’s leading gold bullion investment coins. Produced from gold mined in the United States, American Eagles are imprinted with their gold content and legal tender “face” value. An American Eagle’s value is based on the market price of its metal content, plus a small premium to cover coinage and distribution.
American Eagles use the durable 22 karat standard established for gold circulating coinage over 350 years ago. They contain their stated amount of pure gold, plus small amounts of alloy. This creates harder coins that resist scratching and marring, which can diminish resale value.
What truly sets American Eagles apart is that they are the only bullion coins whose weight, content and purity are guaranteed by the United States Government.
Minted to exacting standards, the obverse (front) design is inspired by what’s often considered one of America’s most beautiful coins: Augustus Saint-Gaudens’ celebrated $20 gold piece, minted from 1907-1933.
The reverse design, by sculptor Miley Busiek, features a male eagle carrying an olive branch flying above a nest containing a female eagle and her hatchlings.”