1988 (W) Proof Seoul Olympiad Commemorative Five Dollar Gold

Coin Details

Auction Record

$780 PR70DCAM 02-14-2022 Heritage Auctions

Description

The 1988 (W) Proof Seoul Olympiad Commemorative Five Dollar Gold is a proof dollar struck at the West Point Mint, part of the Modern Commemorative Five Dollar Gold (1984-Date) series. The U.S. Mint produced 281,465 examples, making this the higher-mintage of the two mint variants, representing 82% of production. The obverse features designs varying by commemorative issue and the reverse displays designs varying by commemorative issue. Struck after the transition from silver to clad coinage, as the Mint adapted to modern production methods and record-breaking mintages. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the West Point Mint, originally a bullion depository that became a full coin production facility, specializing in commemorative and bullion issues. Auction record: $780 PR70DCAM 02-14-2022 Heritage Auctions. Struck in 90% gold, 10% copper, weighing 8.36 grams, 21.6 mm in diameter, with a reeded edge. Cataloged as PCGS #9631.