1987 1/10 oz Gold Eagle $5 PCGS MS69

As the United States emerged from the economic turbulence of the early 1980s, a new era of prosperity and optimism dawned. It was in this climate of renewed confidence that the U.S. Mint introduced the American Gold Eagle series in 1986, marking a significant milestone in American numismatic history. The 1987 edition, only the second year of production, quickly became a cherished piece among collectors and investors alike.

The year 1987 was notable for several reasons. The stock market experienced the infamous "Black Monday" crash in October, reminding investors of the importance of diversifying their portfolios. Meanwhile, President Ronald Reagan delivered his iconic "Tear down this wall" speech in Berlin, foreshadowing the end of the Cold War. Against this backdrop of economic uncertainty and political change, the 1987 Gold Eagle stood as a symbol of American resilience and enduring values.

The design of the 1987 Gold Eagle draws inspiration from one of the most beloved coins in U.S. history: the Saint-Gaudens Double Eagle. Augustus Saint-Gaudens, commissioned by President Theodore Roosevelt in the early 20th century, created this masterpiece as part of Roosevelt's mission to beautify American coinage. The obverse design, featuring Lady Liberty striding forward with torch and olive branch in hand, embodies the spirit of progress and peace that has long been associated with the American ideal.

On the reverse, we find a touching scene of American family life, designed by sculptor Miley Busiek. An eagle in flight returns to its nest, where its mate tends to their young. This poignant imagery not only represents the strength and unity of the American family but also serves as a metaphor for the nation's commitment to nurturing and protecting its citizens.

The 1987 1/10 oz Gold Eagle, with its $5 face value, represents the smallest denomination in the series. Despite its diminutive size, it carries the full weight of American numismatic tradition and artistry. The coin's compact nature made it accessible to a broader range of collectors and investors, allowing more Americans to own a piece of this golden legacy.

For numismatists, the 1987 Gold Eagle holds a special place. As only the second year of issue, it represents a crucial early example of what would become one of America's most successful bullion programs. The PCGS MS69 grade indicates a coin of exceptional quality, with only the most minute imperfections separating it from absolute perfection.

Design Features

The obverse of the 1987 1/10 oz Gold Eagle showcases Lady Liberty in motion, her hair and robes flowing in the wind as she strides forward. In her right hand, she holds a torch high, symbolizing enlightenment, while her left hand carries an olive branch, representing peace. The word "LIBERTY" arches above her, and the year "1987" is inscribed at the bottom. Surrounding Lady Liberty are 50 stars, representing the states of the Union.

The reverse design presents a heartwarming family scene of eagles. A male eagle, carrying an olive branch, descends towards a nest where a female eagle protects their young. This imagery not only resonates with the American ideal of family values but also echoes the theme of peace present in the obverse design. The inscriptions "UNITED STATES OF AMERICA," "1/10 OZ. FINE GOLD," and "5 DOLLARS" encircle the image, along with the motto "E PLURIBUS UNUM."

Product Highlights

• Metal Type: Gold
• IRA Eligible: No
• Obverse: Lady Liberty striding forward, holding a torch and olive branch, surrounded by 50 stars.
• Reverse: Family of eagles, with male carrying olive branch returning to nest with female and eaglets.

Investment Appeal

The 1987 1/10 oz Gold Eagle $5 PCGS MS69 presents a compelling opportunity for both collectors and investors. Its historical significance as an early issue in the American Gold Eagle series adds numismatic value beyond its gold content. The MS69 grade ensures that the coin is in near-perfect condition, a crucial factor for discerning collectors.

For investors, the American Gold Eagle series is renowned for its liquidity and global recognition. The backing of the U.S. government provides an additional layer of confidence. The 1/10 oz denomination offers flexibility in investment strategy, allowing for easier liquidation or accumulation compared to larger denominations.

Moreover, the coin's design continuity with the larger denominations in the series makes it an excellent entry point for those looking to build a complete set of American Gold Eagles. As time passes, early issues like the 1987 edition may become increasingly scarce, potentially enhancing their premium over spot gold prices.

In conclusion, whether viewed through the lens of historical significance, artistic merit, or investment potential, the 1987 1/10 oz Gold Eagle $5 PCGS MS69 stands as a testament to American numismatic excellence. It offers a tangible connection to a pivotal period in U.S. history while providing the enduring value of precious metal ownership.