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Date: MCMLXXXVIII (1988)
Mint Mark: none (bullion), W ($50 proof), P ($25,
$10, $5 proof)
Composition: 91.67% gold, 3% silver, 5.33% copper
Weight ($5 Denom): 0.1091 troy oz (3.393 grams)
Diameter ($5 Denom): 0.65 inches (16.5 mm)
Thickness ($5 Denom): 0.049 inches (1.26 mm)
Edge: Reeded
Designers: Augustus Saint-Gaudens (obverse), Miley
Busiek (reverse)
Bullion Mintage: 465,500 (1 oz), 45,000 (1/2 oz),
49,000 (1/4 oz), 159,500 (1/10 oz)
Proof Mintage: 87,133 (1 oz), 76,528 (1/2 oz),
98,028 (1/4 oz), 143,881 (1/10 oz)
Notes: The 1988 Gold Eagle marked the third year of
release for the newly issued gold bullion coin
series. Once again the United States Mint offered a
full range of fractional gold bullion coins
including 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz sizes.
The mintages for each denomination continued the
pattern of declines established in the prior year,
as some of the pent up demand for gold investment
coins had been fulfilled.
The 1988 Proof Gold Eagle offerings were expanded
once again. For the first year, the US Mint offered
a full range of fractional denominations for the
popular collectible proof gold coins. Added to last
year’s offerings for 1 oz and 1/2 oz coins, were new
1/4 oz and 1/10 oz coins. The new denominations
outsold both of the previously offered versions. The
fractional denomination proof coins were minted in
Philadelphia, while the one ounce proof 1988 Gold
Eagle was minted at West Point.
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