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Inventory:
1 In Stock
- Product ID: 53033
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/18/24 11:44:01 | ||
Gold
 50.40
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$2,612.00 | $2,625.00 |
The Certified 2016 $10 American Gold Eagle, graded MS70 by PCGS with the prestigious First Strike designation and signed by Edmund C. Moy, is a modern numismatic gem. This coin is part of the American Gold Eagle series, which began in 1986, marking the return of gold bullion coins minted by the United States after a long hiatus following the Gold Recall of 1933. The American Gold Eagle program was established under the Gold Bullion Coin Act of 1985, which required the U.S. Mint to produce gold coins in fractional sizes, including the $10 denomination, with gold sourced solely from domestic mines. The 2016 issue commemorates the 30th anniversary of the series and has a unique significance, particularly for collectors who appreciate both the coin’s historical and investment value.
The obverse of the 2016 $10 American Gold Eagle features one of the most iconic designs in U.S. coinage history: the Saint-Gaudens Liberty. This design was originally created by famed sculptor Augustus Saint-Gaudens for the $20 Double Eagle in 1907, under the commission of President Theodore Roosevelt, who sought to enhance the artistry and beauty of U.S. coinage. The obverse depicts Lady Liberty striding confidently forward, her torch raised high in her right hand, symbolizing enlightenment, while an olive branch in her left hand represents peace. Behind her, the rays of the sun extend outward, creating a radiant backdrop, and the U.S. Capitol building is faintly visible on the lower left. The word "LIBERTY" is boldly inscribed along the top of the design, while the year "2016" is located near the bottom. Thirteen stars encircle Liberty, representing the original colonies. This dynamic and timeless design continues to captivate collectors and investors, maintaining its place as a symbol of American strength and ideals.
The reverse of the 2016 $10 Gold Eagle showcases a powerful image of a family of eagles, a design created by sculptor Miley Busiek. The central figure on the reverse is a male bald eagle carrying an olive branch in its talons as it soars above a nest, where a female eagle and her eaglets are depicted. This image emphasizes the themes of family, continuity, and national pride. Above the eagles, the inscriptions "UNITED STATES OF AMERICA" curve around the top, while the denomination "10 DOLLARS" is placed at the bottom. Additionally, the weight and gold purity are inscribed with "1/4 OZ. FINE GOLD," signifying the coin's gold content and assuring its authenticity. The reverse also features the national motto "E PLURIBUS UNUM" on the left and "IN GOD WE TRUST" on the right, both of which have been standard on U.S. coinage for many years. The design on the reverse complements the obverse, reflecting both the strength of the American nation and the continuity of its values.
The 2016 $10 American Gold Eagle was minted at the West Point Mint, one of the U.S. Mint’s most prominent facilities for producing precious metal coins. The West Point Mint, located in New York, has been responsible for minting American Gold Eagles since 1986. The First Strike designation awarded by PCGS to this particular coin indicates that it was among the first coins struck from the dies during the initial 30 days of production, giving it special recognition among collectors. First Strike coins are highly sought after because they tend to exhibit sharper strikes and more detailed features, having been produced from fresh dies. This specific coin also carries the Moy signature, from Edmund C. Moy, the 38th Director of the U.S. Mint, adding an extra layer of collectability and historical significance to the coin. Moy's tenure as Director from 2006 to 2011 saw a period of renewed interest in bullion coins, making his signature a valued addition for numismatists.
The 2016 $10 American Gold Eagle had a mintage of 79,640 pieces in the uncirculated version, making it relatively scarce when compared to the bullion versions of the coin, which have higher mintages. The certified MS70 grade from PCGS denotes that this coin is in perfect mint state, showing no visible imperfections, handling marks, or wear even under magnification. MS70 coins are the pinnacle of quality, as they represent the highest grade achievable for modern coins, ensuring their desirability among collectors who seek pristine examples of the series. The combination of the perfect grade, the First Strike designation, and the Moy signature makes this coin stand out among others of its kind.
The 2016 $10 American Gold Eagle is composed of 91.67% gold, with the remainder of the alloy consisting of copper and silver. This specific composition, commonly referred to as "crown gold," was chosen to increase the coin’s durability, allowing it to withstand handling without losing its sharpness or developing wear. While the coin contains a quarter ounce of pure gold, its total weight is slightly greater due to the added metals. This composition ensures the coin maintains its aesthetic beauty while also being a practical investment option for those looking to add gold to their portfolios. The coin’s value is tied not only to its gold content but also to its numismatic appeal, as it carries with it the legacy of the American Gold Eagle series and its role in U.S. monetary history.
Overall, the Certified 2016 $10 American Gold Eagle in MS70 PCGS First Strike with Moy's signature is a stunning example of modern U.S. coinage, reflecting both artistry and investment potential. It stands as a tribute to the enduring popularity of the American Gold Eagle program and the continued demand for gold bullion coins. The perfect grade and prestigious First Strike designation elevate this coin's status, making it a must-have for collectors who value the combination of flawless quality, historical significance, and investment-grade gold. The Moy signature further adds to its allure, marking it as a unique piece with ties to a key figure in the history of the U.S. Mint. This coin is a tangible representation of America's rich numismatic tradition and its ongoing commitment to producing gold coins of the highest quality.