The value of a 1990 American Eagle 5 Dollar 1/10 Oz Proof Gold Coin can vary depending on several factors, including its condition, rarity, and the current gold market. Here is an estimate of its value based on general market trends:
Gold Value:
The intrinsic value of the coin comes from its gold content. As of March 2023, the spot price of gold is approximately $1,930 per troy ounce. Given that the coin contains 1/10 of an ounce of gold, the gold value of the coin is around $193.
Numismatic Value:
Proof coins are specially minted with a higher quality finish and are often sought after by collectors. The American Eagle proof coins are considered modern numismatic collectibles, and their value can vary based on their condition and rarity. In general, proof coins tend to have a higher numismatic value compared to bullion coins.
Condition:
The condition of the coin plays a crucial role in determining its value. Proof coins should ideally be preserved in their original mint packaging, free from scratches, marks, or blemishes. Coins graded by reputable grading services like the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS) can command higher prices due to their assurance of authenticity and condition.
Rarity:
The 1990 American Eagle 5 Dollar 1/10 Oz Proof Gold Coin is part of a limited mintage. The total number of proof coins minted in 1990 was 275,370. Rarity can influence the value of the coin, especially if it is part of a low mintage or has a unique mint mark.
Combining these factors, the estimated value of a 1990 American Eagle 5 Dollar 1/10 Oz Proof Gold Coin in good condition and original mint packaging can range from approximately $250 to $400. It's important to note that actual prices realized may vary depending on specific market conditions, coin grade, and demand from buyers. If you're interested in buying or selling this coin, it's recommended to consult with reputable coin dealers or attend coin auctions for the most up-to-date market values.