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Inventory:
1 In Stock
- Product ID: 54004
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/19/24 01:31:02 | ||
Gold
 1.01
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$2,612.30 | $2,625.48 |
The Certified American $5 Gold Eagle 2021 Type 1, graded MS70 by PCGS with the First Day of Issue designation, is a remarkable example of a flawless modern gold coin. This coin is part of the renowned American Gold Eagle series, which has been a favorite among collectors and investors since its inception in 1986. The 2021 Type 1 version of the $5 Gold Eagle is particularly significant because it marks the final year featuring the original reverse design, which had remained unchanged since the series began. The MS70 grade, the highest possible, indicates that the coin is in perfect condition with no visible flaws. The First Day of Issue designation adds additional prestige to this coin, indicating that it was among the first to be struck and submitted for grading. This makes it a highly desirable piece for collectors who appreciate both historical significance and impeccable quality.
The American Gold Eagle series was authorized by the Gold Bullion Coin Act of 1985 and introduced by the U.S. Mint the following year. The series was created to provide a government-backed gold bullion coin for both investors and collectors. Each Gold Eagle is struck in 22-karat gold, with a composition of 91.67% gold and the remainder consisting of copper and silver to increase durability. The $5 Gold Eagle contains 1/10 oz of gold, making it the smallest denomination in the series and an accessible entry point for those looking to invest in fractional gold. The 2021 Type 1 version holds special significance, as it is the final issue to feature the original reverse design before it was replaced later in the year by the new Type 2 design, which offers a fresh take on the iconic Gold Eagle.
The obverse of the 2021 Type 1 $5 Gold Eagle retains the classic design by Augustus Saint-Gaudens, one of the most celebrated designs in U.S. coinage history. This design, originally created for the $20 Saint-Gaudens Double Eagle, depicts Lady Liberty in full stride, holding a torch in her right hand and an olive branch in her left. The U.S. Capitol building is visible in the background, and rays of sunlight burst from behind Liberty, symbolizing the dawn of a new day. The word "LIBERTY" is inscribed above her, while the year "2021" is positioned to the right of the image. In MS70 condition, the obverse of this coin is struck to perfection, with every detail of Liberty’s flowing gown, the torch, and the surrounding stars rendered with remarkable clarity. The brilliant luster of the coin enhances the beauty of this timeless design.
The reverse of the 2021 Type 1 $5 Gold Eagle features the original design by sculptor Miley Busiek, which had graced the back of the coin since the series was first introduced. This design showcases a family of eagles, with a male eagle in flight carrying an olive branch and returning to a nest where a female eagle and her hatchlings await. This imagery is symbolic of strength, unity, and the values of the American family. Surrounding the eagles are the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM" (Out of many, one), and "IN GOD WE TRUST." The weight, purity, and denomination are also displayed, reading "1/10 OZ. FINE GOLD – 5 DOLLARS." In its perfect MS70 grade, the reverse design is flawless, with each feather of the eagles and the intricate details of the nest sharply defined. The smooth fields and frosted design elements create a beautiful contrast that highlights the artistry of this design, which was retired after the 2021 Type 1 release.
The First Day of Issue designation further distinguishes this coin, indicating that it was struck and submitted for grading within the first 24 hours of the U.S. Mint’s release. Collectors prize First Day of Issue coins because they represent the earliest examples of a particular mintage, often exhibiting the sharpest strikes and best overall quality. Combined with the perfect MS70 grade from PCGS, this designation enhances the coin’s desirability, making it a standout piece in any collection. PCGS is one of the most respected third-party grading services, and their certification ensures that the coin has been carefully examined and meets the highest standards of quality and authenticity.
The 2021 Type 1 $5 Gold Eagle is particularly significant due to the transition in design that took place later in the year. In mid-2021, the U.S. Mint introduced the Type 2 reverse, which features a close-up profile of a bald eagle’s head. As a result, the Type 1 version, with its original reverse design, represents the end of an era for the American Gold Eagle series. This makes the 2021 Type 1 coins, especially those in perfect MS70 condition and with the First Day of Issue designation, highly sought after by collectors who recognize their historical importance.
The American Gold Eagle series has long been a favorite among both investors and collectors due to its government backing, gold content, and iconic design. The 2021 Type 1 $5 Gold Eagle, with its 1/10 oz of pure gold, offers a smaller, more affordable way to invest in gold while still enjoying the beauty and craftsmanship of a classic U.S. Mint product. The final issue of the original reverse design, combined with the perfect MS70 grade and the First Day of Issue certification, ensures that this coin will remain a valuable and cherished piece for years to come. Whether acquired for its aesthetic appeal, its historical significance, or its investment potential, the 2021 Type 1 Certified American $5 Gold Eagle is a fitting tribute to the enduring legacy of the Gold Eagle series.