1995-W Gold Eagle proof $50
1995 was the 10th year of production for the American Gold Eagle proof coin series that is minted at the West Point Mint. These coins are produced on specially polished planchets and struck multiple times to give the coins their beautiful appearance. These coins have what the professional grading companies and numismatic experts refer to as ultra cameo surfaces that exhibit a strong degree of contrast between the mirror fields and frosted design devices of the coins.
Spot gold prices were similar to their levels in 1994 and sales of the proof coins also came in close to the level of the previous year. To mark the 10th anniversary of production of American Eagle bullion coins the U.S. Mint issued a special five-coin set that included the four denominations of Gold Eagles, $5, $10, $25, and $50, plus a 1995-W Silver Eagle that was only available in this set. The set was priced at $999 and sold 30,125 sets, though the mintage limit was set at 45,000 sets. Total sales of the $50 proof coin in 1997 reached 46,368, which includes the coins in the 10th anniversary and annual four-coin proof American Gold Eagle sets.
Why purchase this NGC PF70 UC 1997-W $50 Gold Eagle proof coin?
NGC has graded 2,847 of these coins. Of those 33% or 948 coins received the top grade of proof 70 like this coin, while 66% or 1879 coins graded proof 69 and 20 coins graded below proof 69. A proof 70 example of a $50 Gold Eagle represents the highest quality available of this magnificent coin. In addition, for a modern proof coin this issue is quite scarce in this grade given its NGC census of under 1,000 coins. This coin would make a great addition to a collection of graded proof American Gold Eagles, including an NGC registry set.
|Year of Issue:||1995|
|Display Weight:||1 oz|
|Weight in Grams:||31.1032 g|
|Weight in Ounces:||1 oz|
|Legal Tender:||United States|
|Obverse Design:||Saint-Gaudens Double Eagle design|
|Reverse Design:||Family of Eagles|
|Reverse Designer/Engraver:||Augustus Saint-Gaudens|
|Obverse Designer/Engraver:||Miley Busiek|