1979-FM Medal The Franklin Mint Gold

Coin Details

Description

This 1979 Franklin Mint gold medal represents one of the mint's premium precious metal productions from the late 1970s, a period when gold prices were rising dramatically due to inflation fears and geopolitical instability. By 1979, gold had risen from $35 per ounce (the fixed price under the Bretton Woods system abandoned in 1971) to over $500 per ounce, making gold medals increasingly valuable purely on their metal content. The Franklin Mint gold medal from 1979 captures this transformative period in precious metals markets, when gold collecting expanded from a numismatic specialty to a mainstream investment activity. Fantasy coinage pieces explore numismatic design possibilities unconstrained by the conventions of official currency production, resulting in creative compositions that test the boundaries of metallic art. The Franklin Mint's gold medal program during this period served collectors seeking both artistic merit and precious metal exposure in a single purchase.

Rarity Notes

Gold, Franklin Mint 1979. Produced during the late-1970s gold price surge. Very limited production.

Cross References

PCGS #904975; Franklin Mint Gold Medal, 1979