1986 American Eagle $50 Dollar Gold Coin Value
The 1986 American Eagle $50 Dollar gold coin was minted by the United States Mint and is part of the American Eagle gold bullion coins series. This particular coin is highly sought after by collectors and investors alike, due to its rarity, beauty, and historical significance. In this article, we will explore the value of the 1986 American Eagle $50 Dollar gold coin in detail.
History of the 1986 American Eagle $50 Dollar Gold Coin
The American Eagle gold bullion coin series was first introduced by the United States Mint in 1986. The 1986 American Eagle $50 Dollar gold coin was the first coin to be released in this series. The coin was designed by Augustus Saint-Gaudens, an American sculptor known for his work on many of the United States' most iconic coins, including the Double Eagle gold coin.
The design of the 1986 American Eagle $50 Dollar gold coin features Lady Liberty walking towards the viewer, holding a torch in one hand and an olive branch in the other. The reverse side of the coin depicts a family of eagles, with the male eagle flying above the nest containing a female eagle and her hatchlings.
Composition and Specifications of the 1986 American Eagle $50 Dollar Gold Coin
The 1986 American Eagle $50 Dollar gold coin is composed of 91.67% gold, 3% silver, and 5.33% copper. The coin has a diameter of 32.7mm, a thickness of 2.87mm, and a weight of 1.0909 troy ounces (33.93 grams). The coin has a reeded edge and a face value of $50.
Factors that Affect the Value of the 1986 American Eagle $50 Dollar Gold Coin
The value of the 1986 American Eagle $50 Dollar gold coin is determined by several factors, including:
- Gold spot price - The price of gold fluctuates daily, and this has a direct impact on the value of the coin.
- Mintage - The number of coins minted affects the rarity of the coin. The 1986 American Eagle $50 Dollar gold coin had a mintage of 1,787,319.
- Condition - The condition of the coin is also an important factor in determining its value. Coins that are in excellent condition are worth more than coins that are worn or damaged.
- Certification - Coins that have been certified by a reputable third-party grading service are worth more than coins that have not been certified.
Current Value of the 1986 American Eagle $50 Dollar Gold Coin
The current value of the 1986 American Eagle $50 Dollar gold coin varies depending on the factors mentioned above. As of August 2021, the coin is worth approximately $2,000 USD in uncirculated condition. However, the value can fluctuate based on changes in the gold spot price and other market factors.
Conclusion
The 1986 American Eagle $50 Dollar gold coin is a highly sought after coin by collectors and investors alike. Its rarity, beauty, and historical significance make it a valuable addition to any collection or investment portfolio. The value of the coin is affected by several factors, including gold spot price, mintage, condition, and certification. If you are interested in purchasing or selling a 1986 American Eagle $50 Dollar gold coin, it is important to work with a reputable dealer and to do your research to ensure that you are getting a fair price.