International Gold 50 Dollar
The International Gold 50 Dollar is a commemorative gold coin minted by the United States Mint in 1984 to celebrate the 1984 Summer Olympics held in Los Angeles, California.
Design:
* Obverse: Depicts an eagle in flight with the inscriptions “LIBERTY,” “IN GOD WE TRUST,” “1984,” and “1/2 OZ. FINE GOLD.”
* Reverse: Features the Olympic rings and a stylized representation of a runner. The inscriptions include “INTERNATIONAL GOLD,” “$50,” and “UNITED STATES OF AMERICA.”
Specifications:
* Composition: 90% gold, 10% copper
* Weight: 0.5 troy ounces (15.55 grams)
* Diameter: 30.61 millimeters
* Edge: Reeded
Mint
The International Gold 50 Dollar was struck at the West Point Mint in New York. The mintmark appears on the reverse of the coin as a small “W.”
Circulation
The International Gold 50 Dollar was not intended for general circulation but rather as a collectible item. The coins were distributed through authorized dealers and sold at a premium over the intrinsic value of the gold.
Value
The value of the International Gold 50 Dollar varies depending on market conditions and the condition of the coin. As of June 2023, the melt value of the gold content is approximately $1,200. However, the collectible value of these coins can be significantly higher. Well-preserved uncirculated specimens can fetch thousands of dollars.
Historical Significance
The International Gold 50 Dollar is a reminder of the 1984 Summer Olympics, a major international sporting event that brought athletes from around the world to Los Angeles. The coin also reflects the United States’ tradition of commemorating significant events with precious metal coins.
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