1989 1oz Gold Eagle NGC MS70 Goes for $22,550

September 11th, 2014 by

This 1989 MS70 American Gold Eagle sold for $22,550 at the Sept 7 Great Collections auction (CoinWorld)

CoinWorld reports that the first 1989 American Gold Eagle 1oz coin graded MS70 to appear at auction has been sold for $22,550. There are only eight examples of this coin graded a “perfect” MS 70 by Numismatic Guaranty Corporation, and this is the first one to change hands on the open market.

Bidding on the coin started at $1.

The final price is almost twenty times the price for a MS69 grade coin of the same type and year. Oh what a difference that last point makes!