Prior to 1998, the Proof Gold American Eagle Series of coins from the United States Mint had never seen mintage figures so low. Following the 1995 10th-anniversary release of the coins, demand for collectible gold coins cooled. The result was then-all-time lows in Proof Gold Eagle production. The 1998 1 oz Proof Gold American Eagle Coin is currently available to you for purchase online at Silver.com with NGC certification.
- Ships to you inside of NGC protective plastic slabs!
- 13th year of release for 1 oz Proof Gold American Eagles!
- Availability limited within the original 25,886-coin mintage!
- Consists of One Troy ounce of actual gold content.
- Issued a face value of $50 (USD) by the United States.
- Bears a Grade of PF70 from the Numismatic Guaranty Corporation.
- UCAM label included.
- The obverse face features the image of Lady Liberty.
- On the reverse side is the design of American bald eagles.
- Includes “W” mint marks.
The 1998 release of Proof Gold American Eagles marked the lowest mintage figures to date in the collection’s history for three of the four weights. Only the 1/10 oz coin managed an increase in demand in 1998. The 1 oz gold coin, along with the 1/2 and 1/4 oz options, sank to new lows amid a three-year slide in demand for the collectible gold coins.
With a mintage of 25,886 coins in 1998, the 1 oz Proof Gold American Eagle had fallen by 21,000 coins since its most-recent high in 1994. Today, the 1998 1 oz Proof Gold American Eagle remains one of the lowest mintage years for this weight, surpassed only by the 2012, 2001, and 2013 coins, in order.
On the obverse of the 1998 1 oz Proof Gold Eagle is a vision of Liberty. This design was created by Augustus Saint-Gaudens in 1907 for use on the $20 Gold Double Eagle and marked the introduction of a Liberty design which was uniquely American.
The reverse face of 1998 Proof Gold American Eagles bears the image of a bald eagle family. The male eagle is shown flying above the nest as a female in the nest below offers her wing to a young hatchling as shelter.
These 1998 1 oz Proof Gold American Eagles come with a perfect PF70 certification. The NGC issues this grade to coins with full, original mint luster and no detracting flaws. UCAM coins have strong, frosted designs with deeply-mirrored, clear backgrounds.
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