1986 1/2 OZ AMERICAN GOLD EAGLE PCGS69
AMERICAN GOLD EAGLE NGC AND PCGS
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Description
The 1986 1/2 oz American Gold Eagle PCGS69 is a highly collectible coin from the first year of issue of the American Gold Eagle series, which was authorized by the Gold Bullion Coin Act of 1985. Here’s a detailed description:
Overview:
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Year: 1986
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Weight: 1/2 troy ounce of .9167 pure gold (22 karat)
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Mint: United States Mint
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Face Value: $25 (USD), backed by the U.S. Government for its gold content and purity.
Design:
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Obverse: Features Augustus Saint-Gaudens’ iconic portrayal of Lady Liberty, depicted in a full-length figure with flowing hair, holding a torch in her right hand and an olive branch in her left. She is striding forward against the backdrop of the sun’s rays and the Capitol building. The inscriptions include “LIBERTY,” and the date “MCMLXXXVI” (1986 in Roman numerals).
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Reverse: Designed by Miley Busiek, it depicts a male bald eagle carrying an olive branch flying above a nest containing a female eagle and her eaglet, symbolizing family, strength, and patriotism. The inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” “1/2 OZ. FINE GOLD,” and “25 DOLLARS.”
Grading:
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Grade: PCGS MS69 (Mint State 69), indicating a near-perfect condition with minimal, if any, imperfections visible under 5x magnification by the Professional Coin Grading Service (PCGS). This grade reflects a coin with superb luster, strike, and eye appeal, nearly free from any detracting marks or blemishes.
Mintage and Collectibility:
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The 1986 1/2 oz American Gold Eagle, being the inaugural issue, has a special allure for collectors due to its historical significance. The coin’s grade of MS69 adds significantly to its collectible value, as coins from the first year in such high condition are rarer.
Packaging:
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Encapsulated in a PCGS holder which protects the coin and serves as a certificate of authenticity and condition.
Investment Value:
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While the intrinsic value of the coin is based on its gold content, its worth is enhanced by its grading, the first-year status, and its appeal to collectors. The American Gold Eagle series is renowned for both its investment potential and numismatic value, especially in high grades like MS69.
Cultural Significance:
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The coin represents a blend of investment with artistry, encapsulating American iconography and history. The design of the Gold Eagle is often considered among the most beautiful in American coinage, making it a point of pride for collectors.
This coin is not just an investment in precious metal but also a piece of American history, particularly sought after due to its first-year issue status and near-perfect condition.
Additional information
| weight | 1/2 oz |
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