2008-W 1 oz Proof American Gold Eagle Coin PCGS PR70 DCAM

Description

These 2008-W 1 oz Proof American Gold Eagle Coins have been assessed as being in perfect condition by the PCGS. Each coin has been given a grade of PR70 with the DCAM designation as reflected by their label. The coins were each struck at the US Mint’s West Point branch in 2008, and during this year only 30,237 total 1 oz proof coins were produced.

Coin Highlights:

• Contains 1 troy ounce of gold.
• Legal tender in the United States with a $50 face value.
• Designated a perfect PR70 DCAM grade by the PCGS.

In 1986, the US Mint authorized the production of the gold bullion coin we know today as the Gold Eagle. Authorized by an act of Congress one year earlier, the coins were to be minted with gold mined and sourced from within the United States. That same year, the mint decided to offer two different versions of the coin: bullion and proof. Both of these types of coins have the same design on both their obverse and reverse, the only difference being the proof coins are minted using a special, polished die. This helps to give the coins a more shiny, mirror like appearance.

Proof Gold Eagles have been minted each year since the series started. This version of the coin is minted specifically for collectors, and, consequently, is produced in much lower numbers. This means they are relatively rarer than the bullion coins and highly sought after by numismatists and those who like the series.