2023-W $50 Uncirculated American Gold Eagle Release

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Launching today from the United States Mint is the 2023-W $50 Uncirculated American Gold Eagle. Each coin is struck from 1 ounce of 22-karat gold (91.67 % gold; 3% silver, remainder copper) at the U.S. Mint’s facility in West Point, New York.

US Mint product images 2023-W $50 Uncirculated American Gold Eagle
U.S. Mint product image for their 2023-W $50 Uncirculated American Gold Eagle. Each coin is encapsulated and placed in a black presentation case with the United States Mint seal on the lid. An outer sleeve is also included with a gold foil image of Liberty. The coin also includes a U.S. Mint certificate of authenticity.

Mintage is capped at 10,000 units marking an increase of 1,000 from last year’s issue. However, the U.S. Mint has instituted an initial household order limit of three for the first 24 hours.

American Gold Eagles first debuted from the U.S. Mint in 1986 in both bullion and proof versions. Uncirculated Gold Eagles were added to the series in 2006.

Uncirculated Gold Eagle Designs

Since their respective debuts, all Gold Eagles have featured the iconic obverse (heads side) imagery of Augustus Saint-Gaudens’ striking depiction of Liberty. This renowned design showcases a full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. The inscriptions on the obverse include "LIBERTY" and the year "2023."

This beloved image has been a favorite among collectors and was initially introduced on the $20 gold coins minted between 1907 and 1933. In 2021, the U.S. Mint revisited its historical assets and endeavored to create a contemporary design that more closely resembles Saint-Gaudens’ original vision and meticulous details.

2023-W $50 Uncirculated American Gold Eagle – Obverse and Reverse
2023-W $50 Uncirculated American Gold Eagle – Obverse and Reverse

2021 also saw the U.S. Mint make a notable change to the reverse (tails side) design, marking the first alteration in the program’s 35-year history. The reverse now features the likeness of an eagle as crafted by United States Mint Artistic Infusion Program Designer Jennie Norris and sculpted by United States Mint Medallic Artist Renata Gordon.

Inscriptions on the reverse include "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," "IN GOD WE TRUST," "50 DOLLARS," and "1 OZ. FINE GOLD."

A reeded edge variation on the coin has been added as an anti-counterfeiting measure.

Coin Specifications

Denomination: $50
Composition: 91.67% Gold, 3.0% Silver, Balance Copper
Weight: 1.0909 troy oz. (33.931 grams)
Diameter: 1.287 inches (32.70 mm)
Thickness 0.113 inch (2.87 mm)
Edge: Reeded
Mint Mark: West Point — W

 

Ordering and Pricing

Beginning at noon ET, the 2023-W $50 Uncirculated American Gold Eagle may be ordered directly from the U.S. Mint’s gold coins page located here.

Each is initially offered for $2,820.00. That is subject to change weekly based on a matrix the U.S. Mint uses that ties its gold coin prices to market conditions. As a comparison, last year’s uncirculated Gold Eagle debuted at $2,670.00.

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CaliSkier

*PSA With gold sky rocketing, Banks sketchy, Congress irresponsible, inept and ineffectual, DO NOT let your guards down buying when and if buying precious metals! While looking for 2023 American Gold Eagles to see how bullion is currently priced, compared to tomorrow’s US Mint Unc AGE release, I stumbled onto a major counterfeit gold site? The coin that got me to enter the site was an advertised Random 1oz American Gold Eagle priced at $1,551.69? My initial reaction was that this was an “old price”/hook and once you clicked and the site/product opened, the pricing would change or update to… Read more »

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REB

But that Nigerian prince seemed like such a nice fellow…

REB

I love that meme picture. Looks like me at the keyboard.

c_q

>> “Each is initially offered for $2,820.00.”

ouch. that’s a hefty $800+ premium over spot.

I know the mint needs to make some money on these, but the packaging for this is not much different than silver coins which don’t have $800 premiums over spot. And as the mint can re-price weekly as gold moves in $50 increments, they really don’t need an $800 buffer to insulate from such an unlikely large move.

Craig

c_q, I think if people would count out $800 / $820.00 in $10’s or $20’s and look at the pile on their table, they might have reservations about giving that much to the mint in the form of a ‘premium.’ Personally, I don’t have a problem paying them $200-$300 over spot to mint a gold ounce coin, but with the cost at or above $800, well I don’t need it that badly.

Last edited 11 months ago by Craig
Seth Riesling

“But wait, there’s more!”…For just an $825 premium over spot gold, you get this gold coin with the 3% silver & 5.33% copper in it for no extra cost – FREE base metal…Such a deal!
Mashuga nuts! Lol.

NumisdudeTX

Craig

Kaiser, while the prices the mint is currently charging for AGE’s is prohibitive, if you had bought them 10-15 years ago, you’d have a nice ROI.I’ve been buying gold coins since I was a kid and only wish I could buy more at some of those earlier prices. If only I had a Time Machine! Maybe Elon could look into that as well.

Craig

The Uncirculated AGE priced at $2820 seems a little overpriced to me, unless they are using 22k gold in the Mint seal on the premiere box.

Craig

To get a nucleus with 79 protons is possible with nuclear reactors or particle accelerators, but the cost would make it impractical for a handful of gold atoms. Giant stars produce it better, when they go supernova, and sometimes produce the equivalent of several earth masses in gold.There was a recent supernova in Messier101, the Pinwheel Galaxy, and who knows how much gold/platinum was just produced from it.

Seth Riesling

Looks like it would make a fun theme-park ride!
(“Pinwheel Galaxy – A nice place to visit, but I wouldn’t want to live there”).

NumisdudeTX

Carl

For those that ‘complain’ about the amount of gold in this coin, please read the specifications and you will see that there is 1.000 troy ounce fine gold in the coin. The same amount of gold that is in the Gold Buffalo coins as well as the $50 proof Gold American Eagle.

Seth Riesling

Thanks Carl, but I’ve known that since the first year of issue in 1986 – I was being sarcastic about the silver & copper metal in this gold coin. The U.S. Mint decided in 1985 that this gold coin series would look better with the look of older classic U.S. Mint coins so they played around with different alloys & came up with this mixture before they were offered in 1986. They did not want the 90% gold 10% copper mix from the past, but settled on 91.67% gold plus the silver & copper for a richer buttery gold color.… Read more »

Carl

I should have stated the specifications that I referred to are on the US Mint website.

Seth Riesling

Carl,

Yes, and they are also on the COA that comes with the coin.
The sales figures since 2017 that I’ve looked up show that a little less than 10,000 are sold each year…low mintage, but low interest no doubt.

NumisdudeTX