2005-W Proof 1 oz $50 Gold Eagle Coin
Gold American Eagles come in four different sizes from 1/10 oz. ($5) to this one full troy ounce ($50). Their sizes and weights are relational to their denomination, so a 1/10 oz. This particular Gold American Eagle contains one troy ounce of .9167 fine gold that was struck at the West Point Mint.
Gold Eagles are regularly struck with three different surface finishes - uncirculated, burnished, and proof. The uncirculated and burnished finish coins have a cartwheel of luster (the burnished coins have a 'W' Mint mark and the uncirculated coins have no Mint mark). The proof coins, like this one, do have a "W" Mint mark and have a mirror finish to the fields (the negative or blank space in the design) and have highly frosted design elements. This is caused by the special treatment of the dies and also from the fact that proof coins are usually struck at least twice, with three times the strength, to bring out the finest and sharpest details in the coins.
NGC PF70 Ultra Cameo
This 1-ounce proof Gold Eagle coin is very popular with collectors because it has a fantastic look to it as well as allowing an affordable way for anyone to buy fine gold, and in proof 70 condition, it allows for keeping it in their portfolio for future use. It is one of the most popularly collected gold coins in the world.
Why buy this NGC PF70 graded coin
This coin has been graded PF70 by the Numismatic Guaranty Corporation (NGC). This means the coin has virtually no flaws as observed through modest magnification, and is exactly as struck as the United States Mint originally designed the coin to be struck. This grade is only assigned to small percentage of coins out of the total number struck and this makes them even more valuable than the rest. The scale used is from 1 through 70 with a 1 being a barely recognizable coin, and a 70 being the closest to perfect one could expect from the minting process used to make the coin. The other reason to purchase this fine coin is that it is a 1 oz. fine gold coin. For anyone that wishes to hedge against what may come in our society - this is one way to save for the future.
|Year of Issue:||2005|
|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|