1998-W $50 Proof 1/2 oz Platinum Eagle Coin NGC PF70 UCAM
Discover a prominent piece of American numismatic artistry with the 1998-W $50 Proof 1/2 oz Platinum Eagle. Meticulously graded NGC PF70 Ultra Cameo, this coin stands as a premier example of minting excellence. Combining a sought-after West Point mint mark with the highest possible certification, this rare platinum coin is a focal point for any discerning collection.
Historical Background of the Platinum Eagle Series
The United States Mint introduced the Platinum Eagle series in 1997, marking a historic moment as the nation's first pure platinum bullion coin program. The initiative was significantly advanced by Congressman Mike Castle, whose legislative efforts helped establish this distinctive series. The 1998-W issue represents the second year of this prestigious program, produced at the renowned West Point Mint.
The Proof Platinum Eagle design masterfully captures American ideals, featuring a majestic bald eagle in flight on the reverse and the iconic Statue of Liberty on the obverse. This visual artistry, combined with the series' relatively low mintage numbers for its proof issues, underscores its esteemed place among modern U.S. coinage and its appeal to collectors.
Key Features of This Certified Platinum Eagle
This 1998-W $50 Proof 1/2 oz Platinum Eagle boasts exceptional characteristics that make it highly desirable for collectors:
- Denomination: $50 U.S. legal tender.
- Metal Content: Contains 1/2 troy ounce of 99.95% pure platinum.
- Mint Mark: Bears the "W" mint mark, indicating its production at the West Point Mint, known for striking proof coinage.
- Grade: Certified NGC PF70, the highest perfect proof grade, signifying an absolutely flawless coin.
- Ultra Cameo (UCAM) Designation: Features deeply mirrored fields and heavily frosted devices, creating a striking visual contrast that enhances its beauty.
- Certification: Authenticated and graded by NGC (Numismatic Guaranty Corporation), a leading third-party grading service.
- Rarity: With a limited mintage of only 8,118 pieces for this specific proof issue, it presents a significant acquisition for collectors.
- Numismatic Appeal: A stunning example of modern U.S. proof coinage, celebrated for its design, purity, and technical perfection.
Collecting Tips for Your Certified Coin
To ensure the lasting preservation of your 1998-W Platinum Eagle's pristine NGC PF70 UCAM condition, always handle its protective slab by the edges, avoiding direct contact with the coin itself. Store certified coins in a stable environment, away from extreme temperature fluctuations or direct sunlight, ideally within a secure vault or a display case specifically designed for numismatic items. The NGC encapsulation and certification number (711504) provide robust authentication, offering assurance of its originality and grade.
Secure This Platinum Rarity Today
Seize the opportunity to own this exquisite 1998-W $50 Proof 1/2 oz Platinum Eagle NGC PF70 UCAM. Given its perfect grade, rare Ultra Cameo designation, and limited original mintage, such a specimen is a rare offering on the market. Add this significant platinum rarity to your distinguished collection today before it is acquired by another astute collector.
