Description
Title: 2021 1 oz American Gold Eagle Proof – PCGS PR70 DCAM
Overview:
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Year: 2021
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Metal Content: 1 troy ounce of .9167 pure gold (22 karat)
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Mint: United States Mint
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Series: American Gold Eagle Proof
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Grade: PR70 (Proof 70) by Professional Coin Grading Service (PCGS)
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Designation: DCAM (Deep Cameo)
Design:
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Obverse:
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Features Augustus Saint-Gaudens’ iconic design of Lady Liberty in full stride, holding a torch in her right hand and an olive branch in her left. This rendition was adapted from his 1907 $20 Gold Double Eagle coin design. Inscriptions include “LIBERTY,” “2021,” and “IN GOD WE TRUST.”
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Reverse:
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The reverse design for 2021 and onwards was updated to feature a close-up portrait of an American bald eagle, designed by Jennie Norris. This new design captures the eagle’s profile in detail, with inscriptions like “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “1 OZ. FINE GOLD,” and “50 DOLLARS.”
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Specifications:
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Weight: 33.931 grams
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Diameter: 32.70 mm
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Edge: Reeded
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Packaging: Each coin is encapsulated in a PCGS holder, providing protection and authentication, often with a certificate or label detailing the coin’s grade and specifications.
Condition and Grading:
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PR70 DCAM: The highest grade awarded by PCGS, indicating the coin is in perfect condition with full, original mint luster and no post-production imperfections at 5x magnification. The Deep Cameo designation means there’s a stark contrast between the frosted devices and mirrored fields, enhancing the coin’s visual appeal.
Mintage:
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Proof Gold Eagles typically have a limited mintage compared to their bullion counterparts, especially in such a high grade. The exact mintage for the 2021 Proof might differ, but these coins are produced in numbers significantly lower than bullion issues.
Investment and Collectibility:
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Investment: Contains 1 oz of gold, providing intrinsic value, but its value is greatly enhanced by its proof finish, perfect grade, and the collectible nature of American Eagles.
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Collectibility: Highly sought after due to its perfect condition, the beauty of the proof finish, and the historical redesign of the reverse in 2021.
Why Collect:
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Historical Design: Represents a significant update in the series’ history with the new reverse design post-2021.
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Perfect Condition: The PR70 grade ensures you’re acquiring a coin with an unblemished surface, making it a pinnacle piece for collectors.
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Proof Quality: The proof striking process imparts a special finish that enhances the coin’s detail and appeal.
Market Sentiment:
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Collectors and investors often seek out high-grade proof coins like this for their rarity, the prestige of owning a perfect specimen, and as an investment in gold with numismatic value.
Note:
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This coin’s value exceeds its gold content due to its rarity in this condition, its proof status, and the prestige associated with PCGS certification. For current mintage figures or specific details, one should refer directly to the U.S. Mint or authorized dealers.
This description highlights the coin’s significance as both a collector’s item and an investment piece, focusing on its perfect grade, proof quality, and the historical context of its redesign.