1994 $50 Gold Eagle (Regular Strike)

The 1994 $50 Gold Eagle, struck in mint-state condition, is a significant piece highly regarded by collectors and investors alike. This American Gold Eagle belongs to a celebrated series introduced in 1986, showcasing Augustus Saint-Gaudens' revered design on the obverse, originally created for the $20 Double Eagle in 1907. The reverse features a family of eagles, crafted by sculptor Miley Busiek, symbolizing strength and familial values. ### Mint and Mintage Details The 1994 $50 Gold Eagle was minted at the West Point Mint, a distinguished facility known for crafting coins that exhibit exceptional precision and beauty. The mintage for this year totaled 221,663 pieces, a figure that positions it as a relatively limited release compared to other years in the series. According to PCGS CoinFacts, this particular Gold Eagle carries the PCGS designation #9821. ### Rarity and Collectibility While the 1994 $50 Gold Eagle is not the lowest mintage in the series, it is still considered somewhat scarce in higher mint state grades, especially those of MS69 and higher. The superior condition examples are highly sought after by collectors, contributing to their collectible premium over the gold spot price. ### Values and Recent Sales The value of the 1994 $50 Gold Eagle in MS69 condition often shows significant appreciation in the coin market. While fluctuating with the gold market, these coins typically command a premium due to their rarity in top conditions. Recent auction results indicate that PCGS-certified coins of this year, especially in MS69 or proof-like states, have been sold at significantly higher premiums. As recorded from various sales platforms, clean examples have surpassed values of $2,500, reflecting their desirable nature among collectors. ### Historical Significance and Numismatic Insights From a numismatist perspective, the 1994 $50 Gold Eagle is pivotal not only for its exquisite design but also for its representation of American artistry and bullion market trends of the early 1990s. This era marked a heightened interest in gold coins as both investment vehicles and collectible art. Many collectors honor this series for its legal tender status and its intrinsic gold value, offering both tangible assets and aesthetic pleasure. ### Factors Influencing Value Several factors contribute to the particular value of the 1994 $50 Gold Eagle. Its condition, defined by both visual appeal and the absence of wear or damage, plays a crucial role. Coins rated as MS68 and above highlight their pristine craftsmanship with strong eye appeal. In conjunction with its grade, population data, and recent demand trends, this particular year's Gold Eagle holds a solid position in the market. In summary, the 1994 $50 Gold Eagle remains a beloved asset among numismatists for its historical relevance, beautiful artistry, and sound investment qualities. Collectors treasure these coins as part of the rich tapestry of American minting history, navigating its intricate market dynamics while appreciating its storied past.