American Gold Eagle

Brief Description

The obverse features Augustus Saint-Gaudens' full-length figure of Lady 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 male eagle carrying an olive branch flying above a nest containing a female eagle and her eaglets. The coin is encased in a PCGS (Professional Coin Grading Service) slab, graded PR69DCAM (Proof 69 Deep Cameo). This particular coin is also part of the 'Reagan Legacy Series'.

Historical Significance

The American Gold Eagle series was first issued in 1986 following the Gold Bullion Coin Act of 1985. It is the official gold bullion coin of the United States. Its design is derived from the iconic $20 Saint-Gaudens gold coin, widely considered one of the most beautiful U.S. coins ever minted. The "1992-W" indicates it was minted at the West Point Mint. The 'Reagan Legacy Series' designation suggests it might have been part of a special collection or marketing effort associating it with President Ronald Reagan, who signed the act authorizing these coins.

Estimated Value

The estimated value of a 1992-W PCGS PR69DCAM American Gold Eagle can vary significantly based on current gold spot prices and collector demand. As of late 2023/early 2024, a coin of this grade and denomination ($50, which is 1 oz of gold) would typically trade for a premium over the melt value of the gold. Given its high grade (PR69, near perfect), deep cameo designation, and inclusion in a 'Reagan Legacy Series', it would likely fetch several hundred dollars over the spot price of one troy ounce of gold. Prices could range from $2,200 to $2,800 or more, depending on market conditions.

Care Instructions

This coin is already professionally graded and encapsulated in a sealed protective slab by PCGS. The best care instruction is to keep the coin within this slab. Do not attempt to open the slab, as this can damage the coin and will invalidate the grading. Handle the slab by its edges to avoid getting fingerprints on the plastic, and store it in a cool, dry place away from direct sunlight and extreme temperatures to preserve its condition and the integrity of the slab.

Created At: 2025-10-24T14:28:25.773112