American Gold Eagle

Brief Description

The coin is a 1992-P American Gold Eagle, graded by PCGS as PR69DCAM (Proof 69 Deep Cameo). The obverse typically features Augustus Saint-Gaudens' full-length figure of Liberty, with flowing hair, holding a torch in her right hand and an olive branch in her left, with the U.S. Capitol Building in the background. The reverse, designed by Miley Busiek, depicts a female eagle returning to a nest containing hatchlings, where a male eagle stands guard. This particular coin is part of the 'Reagan Legacy Series', indicated on the slab.

Historical Significance

The American Gold Eagle series was authorized by the Gold Bullion Coin Act of 1985 and was first released in 1986. It is the official gold bullion coin of the United States. Its legal tender status means it can be used to fulfill IRA investment requirements. The 'Reagan Legacy Series' designation on the slab likely indicates that this specific coin was part of a special collection or set commemorating Ronald Reagan's presidency, as the Gold Eagle was initiated during his administration. A Proof 69 Deep Cameo grade signifies a coin with an almost flawless strike, full original luster, and a strong frosted design contrasting with a deeply mirrored field.

Estimated Value

The estimated value of a 1992-P $5 Gold Eagle (1/10 oz) graded PCGS PR69DCAM can vary significantly based on current gold prices and market demand for numismatic items. As of late 2023/early 2024, the intrinsic gold value for 1/10 troy ounce of gold would be a starting point. However, given its high proof grade (PR69DCAM) and 'Reagan Legacy Series' designation, it would command a premium over its melt value, potentially ranging from a few hundred dollars to slightly more, depending on the specific uniqueness and market interest in the 'Reagan Legacy Series'. It is best to consult current market listings from reputable coin dealers or auction results for a precise up-to-date valuation.

Care Instructions

This coin is already encapsulated in a professional PCGS slab, which provides excellent protection against environmental damage, handling, and wear. It is recommended to keep the coin within this sealed holder. Avoid exposing the slab to extreme temperatures, direct sunlight, or harsh chemicals. Handle the slab by its edges to avoid getting fingerprints on the plastic, which can obscure the coin's view. If cleaning is necessary, gently wipe the outside of the slab with a soft, lint-free cloth. Do not attempt to open the slab, as this will damage its protective seal and invalidate the professional grading.

Created At: 2025-10-24T14:27:11.112462