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The Certified Proof American Gold Eagle $5 coin, issued in 2021-W, represents a significant addition to the esteemed American Gold Eagle series. This particular version is notable for its Type II design, which was introduced as part of a redesign in the American Gold Eagle series. The coin is graded PR70 by ANACS, indicating that it is a flawless proof coin, showcasing the highest quality of minting and finishing. It is also accompanied by the prestigious First Day of Issue designation, further enhancing its collectible value.
The history of the American Gold Eagle coin series dates back to 1986 when it was first authorized by the Gold Bullion Coin Act. This act was established to create a gold bullion coin that would be recognized and trusted by investors. The series has been a staple in the numismatic community and is highly regarded for its beautiful designs and gold content. The 2021 release is particularly significant as it marked the introduction of a new reverse design, showcasing the majestic bald eagle in a more contemporary style.
The obverse of the coin features the iconic image of Lady Liberty, designed by Augustus Saint-Gaudens. This design originally appeared on the $20 Gold Double Eagle coins minted from 1907 to 1933. Lady Liberty is depicted striding confidently forward, holding a torch in one hand and an olive branch in the other, symbolizing enlightenment and peace. The 2021 version maintains the traditional imagery while incorporating modern minting techniques that enhance the overall appearance and detail of the design.
The reverse of the 2021-W Type II American Gold Eagle coin features a new design by artist Jennie Norris. It depicts a striking portrayal of an eagle flying majestically overhead, which is a departure from the previous reverse designs that featured a family of eagles. This new design reflects the majesty of the American eagle and is a tribute to the resilience and strength of the nation. The inscription "United States of America" and the denomination of "5 Dollars" appear prominently, emphasizing its value as a legal tender coin.
Minted at the West Point Mint, the 2021-W Proof American Gold Eagle is struck in 22-karat gold, which is a standard for American gold coins. This composition consists of 91.67% gold and 8.33% alloy metals, giving the coin its distinctive yellow hue and enhancing its durability. The coin weighs 1/10 ounce (3.11 grams) and is a favorite among collectors and investors alike due to its beauty and intrinsic value.
The mintage of the 2021-W Proof American Gold Eagle is limited, making it an attractive option for collectors seeking to complete their sets or to invest in gold. Each coin is carefully struck multiple times to produce the mirror-like finish characteristic of proof coins. This meticulous process ensures that each detail, from the intricate designs to the lettering, is sharply defined, creating a stunning visual appeal.
As part of the First Day of Issue designation, this coin is particularly desirable among collectors who appreciate the significance of acquiring coins that were issued on their initial release day. The certification by ANACS further assures collectors of the coin's authenticity and condition, providing peace of mind for those investing in precious metals.
In conclusion, the Certified Proof American Gold Eagle $5 2021-W Type II PR70 ANACS coin embodies a blend of historical significance, artistic excellence, and investment potential. With its flawless grading, new design, and limited mintage, this coin is not only a treasure for collectors but also a valuable asset for those looking to invest in gold. Its legacy continues to resonate within the numismatic community, solidifying its place as a classic representation of American coinage.