2016-W NGC MS-70 Early Releases 1 oz American Gold Eagle Burnished Coin - St. Gaudens Label

2016-W NGC MS-70 Early Releases 1 oz American Gold Eagle Burnished Coin - St. Gaudens Label

The US Mint marked the 30th anniversary of the American Eagles Program in 2016, a significant milestone for a program that first entered the market with a Silver and a Gold one-ounce coin.

The US Mint broadened the collection, adding fractional gold options and varied finishes.

Burnished Gold Eagles undergo a special treatment process that polishes the blanks and cleans them from undesired oxides. That results in a matte appearance with more vivid design details.

The Lady Liberty design, a reproduction of the 1907 $20 Double Eagle Coin by the esteemed Augustus Saint-Gaudens, a figure of great importance in American coinage history, is showcased on these Gold Eagles.

These coins, in particular, are Burnished Gold Eagles, purchased from the US Mint within the first 30 days of their official release. They were issued at the West Point branch and carry the “W” mint mark.

Today, you can purchase at SD Bullion, 2016-W 1 oz American Gold Eagle Burnished Coins graded as MS-70 Early Releases coins and sealed in NGC Exclusive St. Gaudens Label.

Coin Highlights

• Evaluated, encapsulated, and graded as an MS-70 coin by NGC;
• Sealed with NGC Exclusive St. Gaudens Label;
• Taken from the US Mint during the first 30 of public availability;
• Burnished coin;
• Produced by the United States Mint;
• Issued in West Point and carries the “W” mint mark;
• Contains 1 oz of .9167 gold;
• With anti-counterfeiting reeded edges;
• Bears legal tender status and a USD 50 denomination;
• The obverse stamps Augustus Saint-Gaudens’ design;
• Miley Busiek’s reverse features the majestic Eagle.

The Design

The obverse features a Lady Liberty depiction from Saint-Gaudens, initially designed to stamp the 1907 $20 Double Eagle Gold Coin. The word “LIBERTY” arches over Lady Liberty. as she steps forward, carrying a torch and an olive branch, with the Capitol Building on the lower left and the year of the coin’s issuance on the right. The symbolism refers to the nation’s direction to enlightenment and peace. 

The reverse design displays Miley Busiek’s nesting Bald Eagles as a family. On this side, the inscriptions correspond to “UNITED STATES OF AMERICA,” the two mottos “E PLURIBUS UNUM” and “IN GOD WE TRUST,” the face value of “50 DOLLARS” and “1 OZ FINE GOLD.”

Burnished Coins

A Burnished American Eagle Coin results from a “burnishing” process, hence the name. It essentially means that the blanks are cleaned from all oxides formed during the annealing and rimming process. This way, burnished coins get a satin look and a smooth surface but less reflective luster than Proof American Eagles.

An NGC MS-70 Early Releases Coin

The Sheldon Grading Scale is used as a parameter by NGC (Numismatic Guaranty Company) to evaluate and attribute grades to coins.

MS stands for Mint State, indicating a coin crafted in the format of a business circulation coin. Since it has never been in circulation, the coin has no sign of wear, tear, or scratching, which grants it a 70 grade.

NGC considers “Early Releases” the coins purchased and taken to its evaluation within the first 30 days of public release by the US Mint.

Buy 2016-W NGC MS-70 Early Releases 1 oz American Gold Eagle Burnished Coin - St. Gaudens Label at SD Bullion

Increase your gold holdings by adding Graded Gold Eagles to your assets.

Purchase the 2016-W NGC MS-70 Early Releases 1 oz American Gold Eagle Burnished Coin sealed with St. Gaudens Label online, 24/7, from SD Bullion.

You can also shop live during regular business hours with our customer service at 1(800)294-8732 or through our web chat feature.