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!