1989 1/4 OZ AMERICAN GOLD EAGLE NGC69

Description

1989 1/4 oz American Gold Eagle NGC69

The 1989 1/4 oz American Gold Eagle NGC69 is a notable coin in the American Gold Eagle series, appreciated for its historical significance and high quality. Below are the key features and details of this specific coin:

General Information

Weight and Purity: This coin contains 1/4 troy ounce of 22-karat gold, equivalent to 91.67% gold purity. The remaining composition includes silver and copper to enhance its durability.

Minting Location: This coin is produced by the United States Mint, part of the American Gold Eagle program which began in 1986.

Design

Obverse: The obverse showcases Augustus Saint-Gaudens’ iconic design of Lady Liberty, originally created for the $20 Gold Double Eagle. Lady Liberty is depicted holding a torch in her right hand and an olive branch in her left, with the U.S. Capitol building in the background and rays of sunlight radiating around her. Inscriptions include “LIBERTY” and the year “1989.”

Reverse: The reverse, designed by Miley Busiek, features a male bald eagle carrying an olive branch flying above a nest containing a female eagle and her hatchlings. Inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” the coin’s weight and purity, and its face value of “10 DOLLARS.”

Unique Features

Certified Grade NGC69: This coin has been graded MS69 by the Numismatic Guaranty Corporation (NGC), indicating it is in near-perfect condition with only minor imperfections that are not visible to the naked eye. This high grade significantly enhances the coin’s desirability and value.

Investment and Collectibility

Collector Appeal: The American Gold Eagle series is highly popular among collectors, and coins with high grades such as NGC69 are particularly sought after.

Investment Potential: The 1989 1/4 oz American Gold Eagle is a valuable investment due to its gold content, historical significance, and the additional premium associated with its high NGC69 grade. These factors make it a stable and attractive investment for precious metal enthusiasts.

Preservation and Storage

Protection: The coin should be stored in its original NGC holder to maintain its graded condition and protect it from damage. The holder ensures that the coin remains secure and its condition is preserved over time.

Handling: Minimal handling is recommended to avoid any potential damage to the coin or its holder. Always handle with clean hands or use gloves to prevent fingerprints and other marks.

The 1989 1/4 oz American Gold Eagle NGC69 is a distinguished coin that combines aesthetic beauty with solid investment potential. Its historical design, high gold purity, and near-perfect grade make it a prized addition to any collection or investment portfolio.