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1998 $50 American Gold Eagle

1998 $50 American Gold Eagle

The 1998 $50 American Gold Eagle had a total mintage of just over 1.4 million coins struck at the Philadelphia. This was a pretty large increase in demand compared to the past few years. While this coin is more common than many others that came before it, it can be difficult to find in perfect condition. 

 

History of the 1998 $50 American Gold Eagle

The 1998 1 oz American Gold Eagle is worth the effort to cherrypick through and find a sharply struck uncirculated, regular strike coin that has attractive surfaces. The American Gold Eagle is the official gold bullion coin of the United States. The obverse of the American Gold Eagle features a rendition of the full-length Lady Liberty with her hair flowing and a long dress and was designed by Augustus Saint Gaudens. Lady Liberty carries a torch in her right hand and an olive branch in her left. There is a small image of the Capitol building in the background. The reverse of the coin was designed by sculptor, Miley Busiek. It features a male American Bald Eagle clutching an olive branch, flying over a nest with a female eagle and her baby.

 

1998 $50 American Gold Eagle Value

The 1998 $50 American Gold Eagle value reaches upwards of $2,400 for MS69 coins that have sold in the past. The Gold Eagle is heavier coin that can lead to scratches and surface abrasions, so looking for a beautiful specimen will add value to a collection. The 1998 1 oz American Gold Eagle would make a great addition to any American Gold Eagle series collection. 

 

Type of coin: $50 Coin

Year: 1998 $50 American Gold Eagle

American Gold Eagle Mint Mark: Philadephia

Total mintage: 1,468,530

Metal content: 91.67% Gold, 3% Silver, 5.33% Copper

Face value: Fifty Dollars

Weight: 33.93 grams

Edge: Reeded

Designer: Augustus Saint Gaudens/Miley Busiek

Diameter: 32.70 millimeters