1989 1/10 OZ AMERICAN GOLD EAGLE NGC69

Description

1989 1/10 oz American Gold Eagle NGC69

The 1989 1/10 oz American Gold Eagle, graded NGC69, is a classic and highly regarded gold bullion coin from the United States Mint. This coin is part of the American Gold Eagle series, which is known for its iconic design and high gold purity. Below are the key features and details of this coin:

General Information

Weight and Purity: This coin weighs 1/10 troy ounce and is made of 91.67% pure gold (22 karats), with the remaining alloy consisting of silver and copper for added durability.

Minting Location: It is produced by the United States Mint, a trusted and reputable mint known for its high-quality coinage.

Diameter and Thickness: The coin has a diameter of 16.50 mm and a thickness of 1.19 mm, making it compact and easy to handle.

Design

Obverse: The obverse design features the iconic Lady Liberty, designed by Augustus Saint-Gaudens. Lady Liberty is depicted striding forward with a torch in her right hand and an olive branch in her left, symbolizing enlightenment and peace. The design is encircled by the inscription “LIBERTY” and the year of issue, “1989.”

Reverse: The reverse design, created by Miley Busiek, showcases a family of eagles. A male eagle is shown flying above a nest containing a female eagle and her hatchlings, symbolizing the strength and unity of American families. The inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” and the coin’s weight and denomination, “1/10 OZ. FINE GOLD – 5 DOLLARS.”

Unique Features

NGC Grading: The coin is graded NGC69 by the Numismatic Guaranty Corporation (NGC), indicating it is in near-perfect condition with only minor imperfections not visible to the naked eye. This high grade enhances the coin’s desirability among collectors and investors.

Investment and Collectibility

Collector Appeal: The American Gold Eagle series is one of the most popular and widely collected gold bullion coins. The 1989 1/10 oz coin, with its high NGC69 grade, is particularly attractive to collectors seeking high-quality pieces from the series.

Investment Potential: As a gold coin with a significant historical and collectible value, it holds strong investment potential. The gold content ensures intrinsic value, while the coin’s grade and design add to its marketability and potential for appreciation over time.

Preservation and Storage

Protection: The coin should be kept in its NGC holder to preserve its condition and grade. The holder provides protection from environmental factors and handling damage.

Handling: Minimal handling is recommended to avoid damaging the holder or the coin. If handling is necessary, use gloves or handle the holder by its edges.

The 1989 1/10 oz American Gold Eagle NGC69 is a remarkable coin that combines the iconic design of Lady Liberty with the high standards of the United States Mint. Its near-perfect grade, historical significance, and investment potential make it a valuable addition to any precious metals collection.