1990 $50 Gold Eagle (Regular Strike)
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The 1990 $50 Gold Eagle is a prominent piece in the American Eagle series, known for its stunning design and pure gold content. Minted by the United States Mint, these coins have captivated collectors and investors alike since their inception. The 1990 issue, featuring Augustus Saint-Gaudens' iconic depiction of Lady Liberty on the obverse and a majestic family of eagles designed by Miley Busiek on the reverse, continues to maintain its allure in the numismatic community.
**Mint and Mintage Details:**
- **Mint:** The 1990 $50 Gold Eagle was minted at the West Point Mint, which has been producing America's gold coins since the mid-1980s.
- **Mintage:** The mintage for the regular strike 1990 $50 Gold Eagle was 373,210. This relatively moderate mintage figure contributes to its desirability among collectors.
- **PCGS Number:** According to PCGS CoinFacts, the specific catalog number for this coin is 9827.
**Rarity and Numismatic Significance:**
The 1990 $50 Gold Eagle is not an exceptionally rare coin in the broader context of modern American numismatics, but its status as part of the first decade of the Gold Eagle series endows it with historical significance. Collectors often seek this coin as part of a complete Gold Eagle set, appreciating the craftsmanship and detail that mirrors the high artistic standards of past American gold coins. Its demand is heightened by the coin’s gold content and its legal tender status, although its gold value typically overshadows its face value.
**Market Value and Recent Sales:**
The value of the 1990 $50 Gold Eagle fluctuates based on the current market price of gold, its condition, and certification grade. Coins graded by well-known agencies such as PCGS or NGC may fetch a premium. For example, a Mint State 70 (MS70) coin often realizes significantly higher prices than those in lesser grades.
Recent auctions have shown strong demand, with MS69 coins commonly reaching substantial prices, reflecting both their numismatic and bullion value. Market observations suggest that prices can vary, but higher-graded examples consistently attract competitive bids due to their pristine condition and scarcity in such states.
**Historical Context:**
The American Gold Eagle series was introduced in 1986 following the Gold Bullion Coin Act of 1985, which aimed to produce coins that could compete with international bullion coins like the Krugerrand. The 1990 edition continues the series' legacy, celebrating both the nation's artistic past and its commitment to high-quality coinage.
Collectors of the 1990 $50 Gold Eagle appreciate not only its aesthetic and inherent value but also its representation of American monetary ingenuity. As a product of the era’s interest in gold investment and ownership, these coins serve as a bridge between bullion investors and numismatists, cementing their place in the rich tapestry of U.S. numismatic history.