This coin posts from a non smoking household. First Year Mintage of an Enduring Classic.
In 1986, President Ronald Reagan was well into his second term, Halley's Comet soared near Earth, and the Gold Eagle series was first minted by the U. The mintage of Proof coins was comparatively small - only 446,290 - while all four sizes were struck in mint state coins in much larger numbers. Gold has increased in value dramatically in the past thirty years - as has the value of this coin.
American Gold Eagles are one of the world's most popular coins, and producing a Proof coin requires a specialized minting process that involves uniquely prepared dies and planchets. These planchets are struck multiple times to bring up the full details of the design in cameo appearance. And what gorgeous details they are! The obverse of the 1986 Gold Eagle features a modified rendition of Augustus Saint-Gaudens' Lady Liberty design. Liberty is striding forward with long, flowing hair, and she carries a torch in her right hand and an olive branch in her left.
A brilliant sun rises behind her and the coin is encircled with stars. The Saint-Gaudens design had been used on U. Also inscribed on the obverse is "LIBERTY, " and the date represented with the Roman Numeral MCMLXXXVI.
One eagle carries an olive branch above a nest where another eagle and a chick are perched. Inscribed on the reverse is "UNITED STATES OF AMERICA, " "IN GOD WE TRUST, " "E PLURIBUS UNUM, " AND 1 OZ. The item "1st Mintage 1986 US Mint $50 1 oz Gold Eagle Proof Coin US Mint Presentation Box" is in sale since Thursday, May 9, 2019. This item is in the category "Coins & Paper Money\Bullion\Gold\Coins".The seller is "sacarfha" and is located in Pacific Grove, California. This item can be shipped to United States.