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The Certified American $5 Gold Eagle 2017 MS70 NGC (Eagle Label) represents a pinnacle of modern numismatic craftsmanship and excellence. This coin, minted by the United States Mint, embodies both historical significance and contemporary design. As a $5 gold coin, it is part of the American Gold Eagle series, which has been a symbol of American heritage and precious metal investing since its inception. The 2017 issue is particularly notable for its exceptional quality, with a grade of MS70 from the Numismatic Guaranty Corporation (NGC), which is the highest possible grade for a coin, indicating a perfect specimen.
The American Gold Eagle series was introduced in 1986 and quickly established itself as one of the most popular gold bullion coins in the world. The series is renowned for its striking designs and the use of pure gold. The $5 denomination represents a quarter-ounce of gold, making it a more accessible option for collectors and investors. Each coin is backed by the U.S. government for its gold content and purity, which adds to its appeal and reliability as a collectible and investment piece.
The design of the 2017 $5 Gold Eagle coin is both timeless and evocative. On the obverse side, the coin features a rendition of Augustus Saint-Gaudens' famous Liberty design, which originally appeared on the $20 gold double eagle coin. This design depicts Lady Liberty striding confidently forward, holding a torch in her right hand and an olive branch in her left. Her flowing robe and dynamic posture symbolize freedom and the pursuit of liberty. The image is encircled by 50 stars, representing the 50 states of the Union at the time of the coin's design. The word “LIBERTY” is prominently displayed above her head, reinforcing the coin's emblematic representation of American ideals.
On the reverse side, the coin features a design by sculptor Miley Busiek, which portrays a majestic bald eagle in flight. The eagle is depicted carrying an olive branch, symbolizing peace, as it flies toward a nest where a female eagle and her chicks are nestled. This image conveys the themes of strength and family, reflecting the coin's broader symbolism of American values. The design is both detailed and dynamic, showcasing the artist’s ability to capture the essence of American wildlife and spirit.
The 2017 Gold Eagle coin was minted at the West Point Mint, one of the primary facilities for producing U.S. bullion coins. The minting process at West Point ensures that each coin meets the highest standards of quality and craftsmanship. The mintage for the 2017 $5 Gold Eagle was substantial but not overwhelming, with a total of 118,900 coins struck. This figure includes various versions of the coin, such as the bullion and proof editions. The mintage numbers highlight the coin's availability while maintaining its collectible value due to its high-quality production and historical significance.
The Certified American $5 Gold Eagle 2017 MS70 NGC (Eagle Label) is graded as MS70 by the Numismatic Guaranty Corporation, which denotes a coin in perfect Mint State condition. The MS70 grade indicates that the coin has no imperfections, such as scratches, blemishes, or contact marks, and is in pristine condition. The coin’s surface is flawless, with every detail of the design sharp and clear. The NGC Eagle Label further emphasizes the coin’s status, as it is specifically used for the highest quality examples of American Gold Eagles. This certification enhances the coin's appeal to collectors and investors, ensuring its place as a top-tier example of modern American numismatic artistry.
In summary, the Certified American $5 Gold Eagle 2017 MS70 NGC (Eagle Label) is a remarkable piece of numismatic history, representing both the legacy of American gold coinage and the pinnacle of modern minting technology. Its perfect grade, stunning design, and historical significance make it a valuable addition to any collection or investment portfolio. Whether admired for its aesthetic beauty or its investment potential, this coin stands as a testament to the enduring allure and craftsmanship of American gold coinage.