Right now we are paying at least the full melt value for 1991 $50 AGE coins. The two types of coins are virtually identical otherwise. Proofs have the P regular issue coins do not. Check to see if there is a small raised W under the year on your coin.
The front or obverse of the coin has a woman (Lady Liberty) holding a torch and branch.ġ991-W $50 Gold American Eagle Proof: At the top right of this webpage you can see where there were 50,411 $50 proof gold coins issued by the U.S. The back or reverse of the coin pictures a family of eagles. The 1991 one ounce coin has text that says: MCMXCI – Liberty – United States of America – E Pluribus Unum – In God We Trust – 1 OZ.
Whether we are talking about a coin minted in 1991, 2014, or any other year – you will always see the same features. The only difference is the year on the coin the rest of the design remains unchanged. The United States Mint releases these coins every year. Collectors refer to these as AGE or American Gold Eagles. So it is worth what one ounce of gold is worth. All that means is that the value of the coin will be different depending on the current price of gold.
The 1991 $50 gold coin is essentially just a bullion product.