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Inventory:
1 In Stock
- Product ID: 11737
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/20/24 06:29:02 | ||
Gold
 15.50
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$2,647.38 | $2,660.03 |
The Barbados $250 Gold Proof Coin, minted in 1982 to commemorate the 250th anniversary of George Washington's birth, is a striking piece of numismatic history. This coin was issued as part of a global series of commemorative coins marking the 250th anniversary of the birth of George Washington, the first president of the United States. Washington is a central figure in American history, and his life and contributions to the nation's founding are still celebrated today. The Barbados Mint chose to honor this milestone with a beautiful and significant gold coin that would both commemorate Washington’s legacy and offer collectors and investors a piece of both history and precious metal.
Barbados, an island nation in the Caribbean, has a rich history of coinage and is known for producing beautiful and intricate pieces for collectors worldwide. The 1982 $250 Gold Proof Coin is no exception, showcasing the island's skill and craftsmanship in minting. Barbados, though small in population and size, has made a significant impact on the global numismatic market through its high-quality coinage, especially in the realm of commemorative issues. This particular coin's release was not only a tribute to George Washington but also a reflection of the ongoing tradition of commemorating important events in history through coinage.
The coin itself is made of 22-karat gold, a standard for many fine coins, with a weight of approximately 31.1 grams, which is equivalent to one troy ounce. The coin’s gold content makes it an appealing choice for investors in precious metals, while its limited mintage and historical significance make it highly desirable for collectors. The $250 face value is clearly marked on the coin, which, in addition to its aesthetic value, carries a significant amount of purchasing power. While the coin’s face value may seem high, it is the rarity and precious metal content that determines its true market value, often far exceeding its nominal value.
One of the most prominent features of the Barbados $250 Gold Proof Coin is its stunning design. The obverse of the coin features a detailed portrait of George Washington. The portrait, meticulously crafted, captures the likeness of Washington in a dignified manner, reflecting the respect and admiration that the founding father commands. Washington is shown facing left, with his distinctive features and well-known hairstyle, which makes the coin instantly recognizable. Surrounding his portrait is the inscription "GEORGE WASHINGTON," along with the 250th anniversary date, “1732-1982,” celebrating Washington's birth year and the anniversary being commemorated.
The reverse of the coin is equally impressive, featuring the national crest of Barbados. The design incorporates elements of the country's heritage, showcasing the rich symbolism of the island's coat of arms. In the center, the crest displays a shield supported by two figures, with a depiction of a ship, indicative of Barbados' long maritime history. The surrounding inscriptions include "BARBADOS" and “250th ANNIVERSARY OF THE BIRTH OF GEORGE WASHINGTON.” This reverse design not only honors Washington but also pays tribute to the national pride and heritage of Barbados, adding a unique layer to the coin’s historical and cultural significance.
The minting of this coin was done by the Barbados Central Bank, which oversees the issuance of the country’s official coinage. Known for its precision and attention to detail, the mint ensured that each coin produced was of the highest quality. The production was done in limited numbers, which contributed to the rarity of the coin and further enhanced its value. The limited mintage ensures that each coin remains a rare and desirable collectible. The total number of coins minted was kept low, making this piece a valuable addition to any collection. Its rarity, combined with the historical significance of its design, makes the coin an attractive option for both collectors and investors alike.
The 1982 Barbados $250 Gold Proof Coin was also struck in a proof finish, which is an important detail for collectors. The proof process involves polishing the dies and striking the coins multiple times to achieve a mirror-like finish. The result is a coin with a highly reflective surface and deeply impressed design details. This process ensures that the coin has exceptional visual appeal, making it especially desirable for collectors who value both the artistry and the technical skill that go into producing such pieces. The coin’s quality and finish make it stand out in any collection and elevate its value further.
Over the years, the coin’s condition has remained a significant factor in determining its value. A coin in Uncirculated (UNC) condition is highly prized, as it indicates that the coin has been preserved in pristine condition with no signs of wear. The 1982 $250 Gold Proof Coin is often found in excellent condition, especially in the original packaging with the Certificate of Authenticity (COA) that accompanies the coin. Coins with this certification are considered to be in mint condition, which adds to their desirability in the marketplace. Collectors who seek out proof coins in original packaging with certificates tend to place a premium on coins in the best possible condition, as they are the most coveted in the numismatic community.
The coin's mintage is also a key factor in its value. As mentioned earlier, the coin was issued in limited quantities, and this scarcity has contributed to its continued desirability. The mintage for this specific 1982 issue is lower compared to other coins issued in larger series, which increases its rarity. Coins with lower mintage figures tend to appreciate over time, especially those with historical importance and beautiful designs like this one. The fact that the 1982 $250 Gold Proof Coin was issued as part of a special series commemorating George Washington’s 250th anniversary makes it an important piece for both collectors of world coins and American historical memorabilia.
Collectors and investors alike value the coin not just for its gold content but for its significance as part of the broader tradition of commemorative coinage. The 1982 Barbados $250 Gold Proof Coin stands as a testament to both George Washington’s enduring legacy and the ability of coins to capture important moments in history. It provides an excellent opportunity for those looking to invest in precious metals, as well as those who seek to build a collection with historical and artistic value. The coin's condition, design, limited mintage, and gold content all work together to ensure that it remains a cherished item among collectors and investors for years to come.