2016-W NGC PF-70 Ultra Cameo First Day of Issue 1 oz American Gold Eagle Proof Coin
The American Gold Eagle is the official gold bullion coin of the United States and the flagship of the American Eagle Program, featuring a one-ounce coin made of 22-karat gold.
The U.S. Mint later broadened the series to include fractional denominations and a range of finishes, such as proof versions.
These 1 oz Gold Eagles, in particular, are proof samples minted at the West Point branch and carry the “W” mint mark. They were purchased from the US Mint on day #1 of their official release and submitted to NGC appraisal.
Today, SD Bullion offers 2016-W 1 oz Proof American Gold Eagles, certified by NGC as PF-70 Ultra Cameo First Day of Issue coins.
Coin Highlights
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Encapsulated and graded as a PF-70 Ultra Cameo coin;
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Proof coin;
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Produced by the United States Mint;
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Issued in West Point and carries the “W” mint mark;
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Purchased on day #1 of its official release;
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Contains 1 oz of actual gold content;
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With anti-counterfeiting reeded edges;
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Bears legal tender status and a USD 50 denomination;
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The obverse features Lady Liberty, designed by Augustus Saint-Gaudens;
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The reverse displays a family of Bald Eagles, by Miley Busiek.
The Design
The obverse showcases Lady Liberty walking forward, with a torch and an olive branch, representing the nation's evolution toward progress, peace, and enlightenment.
The image also contains the Capitol Building aside, the word “LIBERTY,” and the coin’s mintage year. The “W” mint mark is on the right.
On the reverse, a female eagle cherishes its hatchling under her wing while the male perches on their nest.
Engravings regarding weight, metal content, and face value are described as “1 OZ. FINE GOLD—50 DOLLARS.” It also features “UNITED STATES OF AMERICA,” the motto “E PLURIBUS UNUM,” and “IN GOD WE TRUST.”
An NGC PF-70 UCAM “First Day of Issue” Coin
Third-party services like NGC—Numismatic Guaranty Company use the Sheldon Scale as a parameter to appraise and grade coins.
NGC considers “First Day of Issue” a coin purchased from its original mint on the first day of its release and submitted to NGC appraisal.
The initials PF stand for Proof Coin, indicating a coin produced for collection purposes. It exhibits mirror-like surfaces in contrast with frosted design elements. The expression “UCAM” or Ultra Cameo means this contrast is deeper and more intense than in other proof coins.
Grade 70 is the highest and is attributed to coins with no visible marks.
Buy 2016-W NGC PF-70 Ultra Cameo First Day of Issue 1 oz American Gold Eagle Proof Coins at SD Bullion
Acquire graded gold eagles to include in your gold collection.
Purchase 2016-W NGC PF-70 Ultra Cameo First Day of Issue 1 oz American Gold Eagle Proof Coin 24/7 online from SD Bullion.
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