STATEMENT CONCERNING FAMILY OF EAGLES

The US Mint has no connection with a network marketing company called
Family of Eagles, of Cedar Hill, Texas. The Mint does not endorse the
Family of Eagle's program, and has no association with it in any manner.
The inclusion of a form letter from the US Mint Director in some of
Family of Eagles' promotional material is without Mint authorization,
and is objectionable.

Family of Eagles' connection to our coins is that the company purchases
American Eagle 1/10 ounce gold coins on the open market, and resells
them. Any company or individual can do this. The Mint strongly urges
consumers to get competitive price quotes before buying these coins. The
gold bullion market is very competitive, and 1/10th ounce gold coins are
commonly traded for a premium of between 25% and 30% above the spot
price of gold. Thus, if gold were trading a $350 an ounce, the coins
would sell at retail for $35 plus the mark-up, for an over-the-counter
price of approximately $44 to $46. There is no benefit to purchasing
American Eagle bullion coins above their fair market value. The US Mint
urges consumers to exercise extreme caution before purchasing products
from a venture that depends upon persuading individuals to purchase a
product at substantially more than its fair market value.

Additionally, we are concerned with the exaggerated emphasis placed by
Family of Eagles on the assertion that purchasing American Eagle coins
reduces the national debt. The Mint's profit on its sale of 1/10th ounce
American Eagle coins, less than a dollar a coin, reduces the federal
government's need to borrow money and therfore indirectly serves to
reduce the increase in the national debt.

Some network marketing arrangements have been the subject of concern in
the past, and the Mint urges consumers to carefully scutinize any
venture before they commit their money. The price that Family of Eagles
charges should be carefully compared with other vendors of American
Eagles. Your state consumer affairs or attorney generals' offices are
good sources of information on network marketing companies. You local
Better Business Bureau may also have information.