1986 $50 Proof Gold Eagle NGC "Modern Numismatic Masterpieces/Cabral Auto" PF70
Year: 1986
Mint: West Point
Metal: 1 oz - .9167 Fine Gold (22 karat)
Designation: First-Year Proof
Grade: PF70 Ultra Cameo
Signature: Anna Cabral
A landmark in modern U.S. coinage, the 1986 $50 Proof Gold Eagle, certified PF70 Ultra Cameo by NGC with the prestigious "Modern Numismatic Masterpieces" Anna Cabral Autograph label, is a collector’s cornerstone. Struck at the West Point Mint as the inaugural issue of the American Gold Eagle series, this proof coin has a mintage of 446,290 and features a stunning Ultra Cameo finish—frosted devices against mirror-like fields. Authorized by the Gold Bullion Coin Act of 1985, its flawless craftsmanship and historical significance as the first year of the series make it essential for serious numismatists seeking rarity and prestige.
A Historic First-Year Coin
Launched in 1986, the American Gold Eagle series marked the U.S. Mint’s return to gold coinage after a 50-year hiatus, introducing a 22-karat (.9167 fine) gold coin to compete in the global bullion market. The $50 Proof Gold Eagle, released on October 20, 1986, captivated collectors with its one troy ounce of pure gold and exquisite proof finish. With a mintage of 446,290, it set the stage for a series that became a numismatic standard. The Ultra Cameo proof finish, achieved through meticulous die preparation, delivers frosted devices and polished fields, showcasing the coin’s iconic designs with unparalleled clarity and establishing a legacy for future issues.
The Prestige of the “W” Mint Mark
Bearing the “W” mintmark of the West Point Mint, this Gold Eagle signifies premium craftsmanship and exclusivity. Proof coins from West Point are struck in limited quantities for collectors, distinguishing them from bullion issues struck in Philadelphia. The “W” mintmark, combined with the coin’s first-year status and robust yet finite mintage, positions it as a highly desirable piece for numismatists focused on historical significance and quality.
Iconic American Design
This coin blends two masterful designs, reimagining American heritage in 22-karat gold.
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Obverse: Augustus Saint-Gaudens’ Liberty, adapted from the 1907 Double Eagle, strides forward with a torch in one hand and an olive branch in the other, the Capitol dome at her feet, encircled by 50 stars. Inscriptions include “LIBERTY” above, “1986” to the left, and the “W” mintmark below. The Ultra Cameo proof finish creates a radiant, frosted Liberty against mirror-like fields, highlighting the gown’s folds and torch’s glow with striking contrast.
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Reverse: Miley Busiek’s eagle family—a male soaring above a nesting female and eaglets—symbolizes strength and unity. Inscriptions read “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” “1 OZ. FINE GOLD,” and “50 DOLLARS.” The Ultra Cameo finish polishes the eagles against a reflective backdrop, emphasizing intricate feather details.
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Edge: Reeded, enhancing the coin’s refined presentation.
The proof’s Ultra Cameo contrast elevates Saint-Gaudens’ and Busiek’s designs, creating a modern masterpiece rooted in numismatic tradition.
Certified Perfection with “Modern Numismatic Masterpieces” Label Autographed by Anna Cabral
Graded PF70 Ultra Cameo by NGC, this coin achieves flawless perfection, with no imperfections under magnification and exceptional contrast between frosted devices and mirrored fields. The "Modern Numismatic Masterpieces" Anna Cabral Autograph label, signed by the former U.S. Treasurer, adds significant prestige, recognizing the coin’s superior quality and historical importance. The .9167 fine gold surface, alloyed with copper and silver for durability, radiates clarity, making this coin a standout for discerning collectors.
