1988-W 5 Dollar Gold Seoul Olympiad PCGS MS70 Mercanti Signed

1988-W 5 Dollar Gold Seoul Olympiad PCGS MS70 Mercanti Signed
1988-W 5 Dollar Gold Seoul Olympiad PCGS MS70 Mercanti Signed 1988-W 5 Dollar Gold Seoul Olympiad PCGS MS70 Mercanti Signed 1988-W 5 Dollar Gold Seoul Olympiad PCGS MS70 Mercanti Signed 1988-W 5 Dollar Gold Seoul Olympiad PCGS MS70 Mercanti Signed
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Item #
245005

1988-W $5 Gold Seoul Olympiad PCGS Graded Mint State 70

To commemorate the participation of the United States in the 1988 Summer Olympics in Seoul, South Korea, the U.S. Mint struck these $5 gold pieces at the West Point Mint. This example grades Mint State-70 (MS70) by Professional Coin Grading Service (PCGS) and is sealed in its holder with the hand-signed signature of John Mercanti, the 12th Chief Engraver at the U.S. Mint.

Since 1792, there have only been 12 official and prominent Chief Engravers of the U.S. Mint. This prestigious position is highly important as the Chief Engraver oversees the production of all coinage for circulation and for collectors. Mercanti was the Chief Engraver from 2006 to 2010, but started at the Mint in 1974. John Mercanti has produced more coin and medal designs than any employee in United States Mint history (dating back to 1792).

The obverse features Lady Liberty portrayed as Nike the goddess of victory. It was designed by Elizabeth Jones, and the reverse shows a stylized flame beneath the Olympic rings. Designed by Marcel Jovine. Each $5 Gold is struck in 8.36 grams of 90% gold and is 21.6 mm in diameter.

In the Olympics each athlete is in pursuit of a Gold Medal for their country. This is your opportunity to obtain some gold for your own collection! Perfection is key in the Olympics and this coin is no different. It's been graded in perfect MS70 condition.

Year of Issue 1988
Country United States
Composition Gold
Purity 0.9000
Condition
Graded
Coins that are inspected, evaluated and graded by an independent, third party grading service. After a grade is assigned, each coin is sonically sealed in an acrylic "slab," preserving the coin's condition.
Grade
MS70
This is the highest grade a coin can achieve, based off the internationally accepted 70-point Sheldon grading scale. A distinction of Mint State-70, otherwise known as MS70, means your perfectly-graded coin has no post-production imperfections at 5x magnification, displaying all features and fields exactly as the engraver and mint intended.
Pedigree
Mercanti Signed
Since 1792, there have ONLY been 12 official and prominent Chief Engravers of the U.S. Mint. This prestigious position is highly important as the Chief Engraver oversees the production of all coinage for circulation and for collectors. John Mercanti was the Chief Engraver from 2006 to 2010 but started at the Mint in 1974. John Mercanti has produced more coin and medal designs than any employee in United States Mint history (dating back to 1792). He designed the reverse of the Silver Eagle and the obverse of the Platinum Eagle that has been struck in proof condition annually since 1997. He designed quite a few modern gold and silver commemoratives in addition to five states in the States Quarter Program. As a testament to his legacy at the U.S. Mint, the coin's label prominently features his hand-signed signature.
Denomination 5.00
Currency Type Dollar
Mint Name
West Point - W
Built in 1937 and located near the U.S. Military Academy in New York, the West Point Mint began as a silver bullion depository. Then, from 1973 to 1986, the location was home to cent production with gold medallions joining the line in 1980. The facility was finally established as an official United States Branch Mint in 1988, and today the West Point Mint is home to the production of Gold, Silver and Platinum Eagles in both Proof and Uncirculated conditions.
U.S. Mint
Created by the United States Congress through the Coinage Act of 1792, the United States Mint opened its first building in Philadelphia in 1793. Today, the U.S. Mint strikes circulating coins, as well as special collector coins and sets at the "Mother Mint" of Philadelphia and the branch mints of Denver, San Francisco and West Point.
Coin Weight 8.36 Grams - g
Weight 1/4 Ounce - oz
Dimensions 21.6mm
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