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Inventory:
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- Product ID: 54323
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 02/22/25 10:17:01 | ||
Gold
-3.18
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$2,934.91 | $2,949.08 |
The *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* is a fascinating and rare numismatic specimen, showcasing both the beauty of the American Gold Eagle series and the unique appeal of mint errors. Struck at the U.S. Mint in 1998, this coin features a dramatic strike-through error, which occurs when a foreign object interferes with the striking process, leaving an impression or obstruction on the coin’s surface. Graded MS68 by the Numismatic Guaranty Company (NGC), this coin represents one of the highest-quality examples of this unusual error, making it highly sought after by collectors and error enthusiasts alike.
The American Gold Eagle series was first introduced in 1986 following the passage of the Gold Bullion Coin Act of 1985. Designed as the official gold bullion coin of the United States, the series quickly became one of the most recognized and respected gold coin programs in the world. Available in multiple denominations, including the $50 one-ounce version, the American Gold Eagle serves as both a store of value and a numismatic masterpiece. The 1998 issue continues the tradition of this iconic series, but with the added distinction of a striking mint error.
The obverse of the *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* features the classic Saint-Gaudens design, originally created for the $20 Double Eagle in 1907. This depiction of Lady Liberty shows her striding forward, holding a torch in her right hand and an olive branch in her left. Radiant beams of sunlight burst from behind her, symbolizing enlightenment and progress. Encircling the image are the word "LIBERTY" and a ring of fifty stars, representing the states of the Union. The year "1998" is inscribed near the bottom, reinforcing the coin’s place in the series. The precision of the strike, even with the error present, highlights the intricate artistry of this enduring design.
The reverse of the coin, designed by Miley Busiek, depicts a family of bald eagles. A male eagle soars above, carrying an olive branch in its talons, while below, a female eagle and her hatchlings rest in a nest. This symbolic representation of strength, unity, and protection has been a defining feature of the American Gold Eagle series since its inception. The inscriptions on this side include "UNITED STATES OF AMERICA," "1 OZ. FINE GOLD," "50 DOLLARS," "IN GOD WE TRUST," and "E PLURIBUS UNUM." The design remains one of the most celebrated depictions of American ideals in modern coinage.
The *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* was struck at the West Point Mint, as indicated by the "W" mintmark. The West Point Mint is known for its precision and excellence in gold coin production, having been the primary facility for minting American Gold Eagles since the program's launch. The presence of a struck-through error on a coin from this mint is particularly unusual, as the West Point Mint is known for its high-quality control standards. This anomaly makes the coin even more intriguing to collectors and error specialists.
The mintage of the 1998 $50 Gold Eagle was substantial, as demand for the series remained strong during the late 1990s. However, errors such as strike-throughs are extremely rare within bullion coinage, as these coins are produced under strict manufacturing conditions. Strike-through errors occur when a foreign object, such as a grease deposit, a piece of lint, or a small metal fragment, becomes trapped between the die and the planchet during the striking process. The object prevents the metal from fully receiving the intended design, resulting in a distinct impression or missing detail on the coin's surface.
The composition of the *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* consists of 91.67% gold (22 karats), with 3% silver and 5.33% copper to enhance durability. The coin weighs 33.931 grams (1.0909 troy ounces) and contains exactly one troy ounce of pure gold. This alloy composition provides additional resilience, ensuring the coin remains resistant to scratches and general wear over time. The high gold content makes this coin an attractive asset for investors as well as collectors.
The condition of this coin is certified as Mint State 68 (MS68) by NGC, signifying an exceptionally well-preserved specimen with only minor imperfections. In this grade, the coin exhibits strong luster, sharp details, and a nearly flawless surface. The presence of the strike-through error does not negatively impact its grade; rather, it adds to the coin’s uniqueness and numismatic interest. The combination of a high-grade certification and a notable mint error makes this one of the finest known examples of its kind.
Each *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* represents a fascinating intersection of numismatic beauty and minting anomaly. Error coins are prized for their uniqueness, as no two errors are exactly alike. Unlike mass-produced coins that conform to strict design specifications, error coins tell a story of the minting process and the occasional unpredictability of coin production. This particular coin, with its strike-through error, serves as a tangible reminder of the complexities involved in creating precision-struck gold bullion.
The investment potential of this coin is substantial due to its rarity, high gold content, and error status. While standard Gold Eagles are widely available, examples with documented errors are far less common, making them particularly desirable among collectors. As the market for mint errors continues to grow, coins like this one are likely to appreciate in value. The combination of numismatic appeal and intrinsic gold value ensures that this coin remains a sound investment for those who appreciate both rarity and fine gold assets.
Beyond its investment value, the *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* holds historical and educational significance. Studying error coins provides insight into the minting process, helping collectors and enthusiasts understand how coins are struck, the potential for mistakes, and the quality control measures in place at the U.S. Mint. This coin exemplifies how even highly controlled minting operations can occasionally produce unexpected and valuable anomalies.
The craftsmanship of this coin is evident in the intricate details of the Saint-Gaudens design and the precise execution of the relief elements. Despite the strike-through error, the overall quality of the strike remains impressive, highlighting the skill and technology employed by the West Point Mint. The contrast between the raised elements and the smooth fields further enhances the coin’s visual appeal, making it a striking addition to any collection.
The continued demand for rare and unusual Gold Eagles ensures that the *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* will remain a sought-after collectible. As more collectors recognize the significance of error coins, their desirability and market value continue to rise. The combination of a documented minting mistake, high gold purity, and an exceptional grade makes this a truly exceptional piece in modern numismatics.
The *Certified American $50 Gold Eagle 1998 Struck Through Error MS68 NGC* is a remarkable and rare numismatic find. With its unique minting error, high-grade certification, and historical significance, this coin stands out as one of the most fascinating pieces in the American Gold Eagle series. Whether acquired for its investment potential, numismatic rarity, or artistic beauty, this coin remains a cherished and valuable addition to any distinguished collection.