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The Certified American $5 Gold Eagle 2017 MS70 ER Black Core is a remarkable example of modern numismatic artistry, combining both historical significance and contemporary design. As part of the American Gold Eagle series, this coin represents a dedication to quality and craftsmanship that the United States Mint has upheld since the series was first introduced in 1986. Graded MS70 by the Numismatic Guaranty Corporation (NGC) and encapsulated in a striking black core holder, this coin is not only a viable investment but also a stunning collectible for enthusiasts and investors alike.
The American Gold Eagle series was established to promote the beauty and value of American gold coins. The series was inspired by the long-standing tradition of gold coinage in the United States, reflecting a commitment to producing coins that symbolize the nation's heritage and prosperity. The Gold Eagle coins are struck in various denominations, with the $5 denomination containing one-tenth ounce of gold. The series has remained popular due to its high-quality minting and the intrinsic value of its gold content, making it a staple among collectors and investors seeking both aesthetic appeal and financial security.
The obverse of the 2017 $5 Gold Eagle coin features a magnificent depiction of Lady Liberty, a design originally created by Augustus Saint-Gaudens. The design showcases Lady Liberty holding a torch in her right hand, symbolizing enlightenment and freedom, while her left hand clutches an olive branch, representing peace. The design is framed by the inscription "LIBERTY," while the background features sun rays, which add depth and vitality to the portrayal. This representation of Liberty is not only emblematic of American ideals but also serves as a reminder of the nation's commitment to freedom and democracy. The intricate details of the design exemplify the high standards of craftsmanship employed by the U.S. Mint.
On the reverse, the coin depicts a family of bald eagles, an iconic symbol of the United States, as they fly back to their nest with their young. This design, created by artist Miley Busiek, captures the essence of family, strength, and resilience. The reverse is inscribed with "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," and the denomination "5 DOLLARS," as well as the coin's gold content, which is denoted as “1/10 OZ. FINE GOLD.” The reverse design complements the obverse, creating a harmonious representation of American values and ideals while emphasizing the importance of the gold content in the coin.
The 2017 $5 Gold Eagle is minted from .9167 fine gold, ensuring its high purity. This composition, which consists of 91.67% gold and 8.33% alloy, allows the coin to retain its structural integrity while showcasing the beautiful gold color. The alloy used not only enhances the durability of the coin but also provides a beautiful finish that is highly appealing to collectors. With a total gold content of one-tenth of an ounce, this coin represents an accessible entry point for investors looking to diversify their portfolios with gold.
In terms of mintage, the 2017 $5 Gold Eagle saw a relatively high production level, reflective of its popularity among collectors and investors. The U.S. Mint produces the Gold Eagle coins in varying quantities each year, and the 2017 release was well-received. Despite the higher mintage, coins graded in MS70 condition, especially those featuring the black core designation, remain sought after due to their rarity and pristine quality. The combination of high-grade certification and the black core presentation adds a level of uniqueness and appeal to the coin.
The MS70 designation by NGC indicates that this coin is in perfect condition, showing no signs of wear or imperfection, even under magnification. The "ER" designation stands for "Early Release," indicating that this coin was submitted for grading shortly after its release, ensuring that it is among the first examples available to collectors. This level of grading assures collectors of the coin's quality and offers confidence in its investment potential. Coins that receive high grades from reputable grading services like NGC typically command higher prices in the market, especially as they age and become more scarce.
The black core holder not only enhances the aesthetic appeal of the coin but also serves a functional purpose. It provides an elegant contrast against the coin’s golden hue, highlighting the details of the design and adding to its visual impact. This combination of quality grading, unique presentation, and artistic design contributes to the overall desirability of the 2017 $5 Gold Eagle.
Investing in the Certified American $5 Gold Eagle 2017 MS70 ER Black Core is an opportunity to own a piece of numismatic history. The coin not only embodies the values and ideals that the United States stands for but also represents a reliable investment in precious metals. Gold has historically been seen as a hedge against inflation and economic uncertainty, making gold coins a popular choice among investors. The 2017 release, with its impeccable design and limited mintage, is likely to appreciate over time, offering collectors a tangible asset that holds intrinsic value.
Overall, the Certified American $5 Gold Eagle 2017 MS70 ER Black Core is a stunning example of modern American coinage. With its rich design, high gold content, and excellent grading, this coin serves as both an investment and a collector's piece. The legacy of the Gold Eagle series continues through coins like this one, celebrating America's history and ideals while providing a meaningful addition to any numismatic collection.