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All Forums Category: US Coins and Currency Forums Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors

1987-W 5 Gold Constitution Coins

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Author Previous TopicReplies: 8 / Views: 1,724Next Topic  
cashhound
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 Posted 12/23/2020  4:35 pm Show Profile   Bookmark this topic Add cashhound to your friends list Get a Link to this Message Number of Subscribers
These 2 coins look different. How would one designate their grade/looks? Give me a break I'm a paper money guy.

obverse:
1987-W-5-Gold-Constitution-Coins
reverse:
1987-W-5-Gold-Constitution-Coins
jbuck
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 Posted 12/23/2020  4:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
One is proof strike (mirrored fields), the other is an uncirculated (business) strike.
Coin Collector Since 19781987-W-5-Gold-Constitution-CoinsAvatar1987-W-5-Gold-Constitution-CoinsOld Avatar1987-W-5-Gold-Constitution-Coins70701987-W-5-Gold-Constitution-CoinsEisenhower1987-W-5-Gold-Constitution-CoinsAustralia1987-W-5-Gold-Constitution-CoinsCanada1987-W-5-Gold-Constitution-CoinsWorld1987-W-5-Gold-Constitution-CoinsCCF Members on eBay1987-W-5-Gold-Constitution-CoinsCCF eBay Search Engine
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cashhound
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 Posted 12/23/2020  4:57 pm  Show Profile   Bookmark this reply Add cashhound to your friends list Get a Link to this Reply
Is the value the same?
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jbuck
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 Posted 12/23/2020  5:10 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Looking at NumisMedia, yes, they have the same value.

Coin Collector Since 19781987-W-5-Gold-Constitution-CoinsAvatar1987-W-5-Gold-Constitution-CoinsOld Avatar1987-W-5-Gold-Constitution-Coins70701987-W-5-Gold-Constitution-CoinsEisenhower1987-W-5-Gold-Constitution-CoinsAustralia1987-W-5-Gold-Constitution-CoinsCanada1987-W-5-Gold-Constitution-CoinsWorld1987-W-5-Gold-Constitution-CoinsCCF Members on eBay1987-W-5-Gold-Constitution-CoinsCCF eBay Search Engine
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jimbucks
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 Posted 12/23/2020  5:24 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Value is gold bullion price.
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jbuck
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 Posted 12/23/2020  5:26 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
That appears to be correct.
Coin Collector Since 19781987-W-5-Gold-Constitution-CoinsAvatar1987-W-5-Gold-Constitution-CoinsOld Avatar1987-W-5-Gold-Constitution-Coins70701987-W-5-Gold-Constitution-CoinsEisenhower1987-W-5-Gold-Constitution-CoinsAustralia1987-W-5-Gold-Constitution-CoinsCanada1987-W-5-Gold-Constitution-CoinsWorld1987-W-5-Gold-Constitution-CoinsCCF Members on eBay1987-W-5-Gold-Constitution-CoinsCCF eBay Search Engine
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commems
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 Posted 12/23/2020  6:29 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
These US Constitution Bicentennial gold coins were among the first coins struck after the modern US commemorative coin era began in 1982 - they were just the second modern $5 gold commemorative coins ever struck. (The 1986 $5 gold coins for the Statue of Liberty Centennial program were the first half eagle pieces produced by the US Mint.)

As a result, the coins were popular with a larger group of collectors which is reflected in their final sales/mintage figures: 214,225 for the Uncirculated version and 651,659 for the Proof version.

These high mintage figures have created a supply that far exceeds today's collector/numismatic demand and so the value of most examples is now pegged to the coin's melt value.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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cashhound
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 Posted 12/24/2020  09:22 am  Show Profile   Bookmark this reply Add cashhound to your friends list Get a Link to this Reply
Thanx everyone and Merry Christmas!

1987-W-5-Gold-Constitution-Coins
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Ballyhoo
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 Posted 12/25/2020  09:32 am  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
This was my first gold coin purchase, the proof version. Somewhere in the neighborhood of a hundred dollars back then. The design is beautiful, perfect if not for the quill on the obverse covering the eagle.
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Edited by Ballyhoo
12/25/2020 09:33 am
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