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The Certified Gold $5 Commemorative 1986-W Liberty Proof, graded PF70 by NGC, stands as a significant piece of American numismatic history. This coin was issued by the United States Mint to commemorate the 100th anniversary of the Liberty Head design, which had been a symbol of American gold coinage since the late 19th century. The 1986-W Liberty Proof coin is a tribute to the enduring legacy of the Liberty Head design and reflects the Mint's commitment to honoring historical themes through high-quality numismatic products.
The issuance of the 1986-W Liberty Commemorative coin was part of a series that celebrated the centennial of the Liberty Head gold coins first introduced in 1886. This series included various denominations and designs, each paying homage to the original Liberty Head motif. The $5 denomination, struck in 22-karat gold, was a fitting choice to honor the Liberty Head design, as it echoed the format of the original coins while offering modern enhancements in design and production.
The obverse of the 1986-W Liberty Proof coin features a detailed and elegant depiction of Lady Liberty. The design is a modern rendition of the classic Liberty Head, which was originally created by sculptor Augustus Saint-Gaudens. This updated version captures the essence of the historical design while incorporating contemporary artistic elements. Lady Liberty is shown in profile, with her flowing hair and distinctive headband adorned with the word "LIBERTY." Surrounding her image are inscriptions that denote the coin's denomination, "FIVE DOLLARS," and the year of minting, "1986."
On the reverse, the coin showcases a design that complements the obverse with a depiction of an eagle, a symbol of strength and freedom. The eagle is shown in flight, carrying an olive branch, which signifies peace. This imagery is a nod to the traditional use of the eagle in American coinage and aligns with the celebratory theme of the coin. The reverse also includes inscriptions of the coin's mintmark, "W" for the West Point Mint, and the words "UNITED STATES OF AMERICA" and "E PLURIBUS UNUM," emphasizing the national and unifying significance of the coin.
The 1986-W Liberty Commemorative coin was minted at the West Point Mint, known for its high standards in coin production and its role in producing commemorative issues. The mintage of the 1986-W Liberty Proof coin was limited, reflecting its special commemorative nature. The specific mintage figures for this coin are indicative of its rarity and desirability among collectors. The limited production run adds to the coin's value and collectible appeal, making it a sought-after item for numismatic enthusiasts.
Graded PF70 by the Numismatic Guaranty Corporation (NGC), the coin represents the highest possible quality in proof coinage. The PF70 grade signifies that the coin is in perfect condition, with no visible imperfections or blemishes. The flawless surface quality and exceptional design detail are characteristic of coins graded at this level, highlighting the meticulous craftsmanship of the U.S. Mint and the care taken in producing the coin. The PF70 certification ensures that the coin has been preserved to the highest standards since its issuance, making it a prized addition to any collection.
The Certified Gold $5 Commemorative 1986-W Liberty Proof coin comes with its original packaging and certificate of authenticity, further enhancing its value and collectible status. The original box and documentation provide assurance of the coin's authenticity and preservation, making it a complete and desirable set for collectors. The combination of the coin’s high grade, limited mintage, and original packaging underscores its significance as a commemorative piece and a testament to the legacy of the Liberty Head design.
Owning the Certified Gold $5 Commemorative 1986-W Liberty Proof coin offers collectors a tangible connection to a significant moment in American numismatic history. The coin's design, minting, and condition reflect both the historical importance of the Liberty Head design and the modern excellence of U.S. Mint coinage. Its enduring appeal and historical context make it a valuable and cherished piece for any collection, celebrating the rich heritage of American coinage and the timeless symbol of Liberty.