-
Inventory:
1 In Stock
- Product ID: 18963
Checkout
The 1992-W Commemorative $5 Gold Olympic coin, certified as Proof 70 by NGC, is a celebrated piece of American numismatic history, marking the United States' support and participation in the 1992 Summer Olympics held in Barcelona, Spain. This commemorative coin was issued as part of a series of coins celebrating the 1992 Olympic Games, reflecting the nation’s enthusiasm for the international sporting event and honoring the spirit of the Olympics.
Authorized by the U.S. Congress through the Omnibus Budget Reconciliation Act of 1990, the 1992 Olympic commemorative coins were issued to support the United States Olympic Committee and to commemorate the 1992 Summer Games, which were notably historic as they marked the first time that professional basketball players from the NBA were allowed to compete. This landmark event was epitomized by the U.S. “Dream Team,” a roster of NBA stars that captured the gold medal and left a significant mark on the history of the Games. The commemorative coin series, including the $5 gold coin, was part of a broader effort to raise funds and create lasting mementos of the event’s significance.
The design of the 1992-W $5 Gold Olympic coin features a detailed and symbolic representation of the Olympic Games. On the obverse, the coin depicts an athlete in motion, capturing the dynamic and competitive spirit of the Olympics. The athlete is shown in a pose that symbolizes victory and athletic prowess, embodying the ideals of excellence and determination associated with the Games. Surrounding the central image are inscriptions that include "UNITED STATES OF AMERICA," "LIBERTY," and the year "1992," reinforcing the coin's connection to both the Olympic Games and American heritage. The reverse of the coin features a rendition of the Olympic torch, with its flames rising in an elegant arc. The torch is flanked by the inscriptions "E PLURIBUS UNUM," "IN GOD WE TRUST," and "FIVE DOLLARS," emphasizing the coin's legal tender status and its role as a symbol of national pride and unity.
The coin was minted by the U.S. Mint at the West Point Mint, known for its role in producing commemorative and bullion coins. The 1992-W $5 Gold Olympic coin was struck in a 22-karat gold composition, which is standard for U.S. gold coins and ensures durability while providing a rich, golden hue. The coin's design was executed with high precision, reflecting the artistry and craftsmanship of the U.S. Mint and enhancing its appeal to collectors and investors alike. The total mintage of the 1992-W $5 Gold Olympic coin was limited to 82,367 pieces, making it a relatively rare and sought-after collectible within the series.
Graded Proof 70 by the Numismatic Guaranty Corporation (NGC), this 1992-W $5 Gold Olympic coin is in pristine condition, reflecting the highest standard of proof quality. Coins graded as Proof 70 are considered flawless, with no visible imperfections or defects, and exhibit a perfect mirror-like finish with sharp, clear details. This grade is the pinnacle of coin preservation and is highly valued by collectors and investors for its exceptional condition. The coin's flawless surface and outstanding eye appeal make it a standout piece in any collection, particularly for those who value the top-tier quality and historical significance of commemorative issues.
The 1992-W Commemorative $5 Gold Olympic coin, certified as Proof 70 by NGC, represents a significant chapter in American numismatic history. Its design, historical context, and limited mintage contribute to its status as a highly desirable collectible. The coin not only commemorates the spirit and achievements of the 1992 Olympic Games but also stands as a testament to the artistry and precision of U.S. Mint craftsmanship. Its perfect proof grade ensures that it remains a prized possession for collectors and investors who seek both historical significance and exceptional quality in their numismatic acquisitions.