This Proof 1989 1 oz Gold American Eagle is certified by the Numismatic Guarantee Corporation as being in perfect condition with a PF70 UCAM grade. UCAM designations are only given to proof coins which feature distinct contrast between the raised portions of the design and their mirrored background. As 1989 was among the first years that the Gold Eagle was minted, these coins are highly sought after by collectors.
- Very limited availability: Just 975 coins currently in this grade.
- Minted by the United States since 1986.
- Contains 1 troy ounce of pure gold.
- Struck at the US Mint with a $50 USD face value.
- Coins ship in perfect PF70 condition with a UCAM designation.
The Gold American Eagle was introduced to investors and collectors in 1986 after congress passed the Gold Bullion Coin Act. Looking to compete with other bullion coins being minted around the same time, the US Mint started producing the Gold American Eagle in four sizes; 1 oz, ½ oz, ¼ oz and 1/10 oz. Every year since, the mint has released the coins in large numbers in each of these weights. Today, the gold eagle is a highly sought after coin by both numismatists and gold investors.
These particular coins were minted at the West Point, NY branch of the United States Mint. Each coin has a legal tender value of $50 USD and contains a total of 1 troy ounce of pure gold. On their obverse, an image of Lady Liberty is shown with the word “LIBERTY” etched above her head. The reverse shows a male and female eagle in a nest with two hatchlings. The face value, purity and the weight are also inscribed on this side.
If you would like to learn more about these perfect 1989-W 1 oz Proof Gold American Eagle Coins, simply call one of our associates at 1-888-989-7223. You can also reach us through live chat or by filling out the form located on our contact page. We look forward to helping you and invite you to visit our Certified Proof Gold Eagles page for other collectible coins from this series.