CoinValue

1986-S American Gold Eagle Proof

1986 | San Francisco (Proof) | Mintage: Unknown | 91.67% Gold, 3% Silver, 5.33% Copper
$6,500 – $17,175 Key Date
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Obverse of American Gold Eagle showing Saint-Gaudens Liberty striding (updated 2021 by Jennie Norris)

Obverse

Reverse of American Gold Eagle

Reverse

The 1986-S American Gold Eagle (Proof) was minted at the San Francisco Mint. Values range from $6,500 in lower grades to $17,175 in top condition. This is a key date, making it especially sought-after by collectors.

CoinValueDB Value Estimate

$6,500 – $17,175

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $10,229 High: $17,175 Low: $6,500 6 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Mint State (MS-60)$6,500
Choice Mint State (MS-63)$6,875
Gem Mint State (MS-65)$8,950
Superb Gem+ (MS-67)$10,700

About the American Gold Eagle

The United States Mint began producing American Gold Eagles in 1986 following the Gold Bullion Coin Act of 1985. The government created these coins to provide investors with a reliable way to own gold. The obverse features the iconic Lady Liberty design by Augustus Saint-Gaudens, originally created for the 1907 Double Eagle. This design shows Liberty walking forward with a torch and an olive branch against a backdrop of the Capitol building. The reverse design changed in 2021 to mark the 35th anniversary of the series. Miley Busiek designed the original reverse, which depicts a family of eagles. Jennie Norris designed the current reverse, which features a close-up portrait of a bald eagle. The series remains in production today. You are holding a coin backed by the U.S. government for its gold weight and purity.

Coin Details

Designer
Augustus Saint-Gaudens (obverse), Miley Busiek (reverse)
Composition
91.67% Gold, 3% Silver, 5.33% Copper
Weight
33.93g (1 troy oz gold content)
Diameter
32.7mm
Edge
reeded
Series
American Gold Eagle (1986-present)

Historical Notes

First year proof Gold Eagle struck by San Francisco Mint.

Collecting American Gold Eagle Coins

Start your collection with common date bullion issues from the 1990s or 2000s, as these trade close to the spot price of gold. Focus on coins in original mint condition, as even minor surface scratches or dings significantly reduce the value of a bullion coin. Avoid coins with heavy contact marks or cleaning, because these defects make the gold harder to resell. Check the weight on a digital scale to ensure it matches the official specification, as high-quality counterfeits exist in the market. Buy only from reputable dealers to guarantee authenticity.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1986-S American Gold Eagle (Proof) worth? +
A 1986-S American Gold Eagle (Proof) is worth between $6,500 and $17,175 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1986 American Gold Eagle coins were made? +
The San Francisco Mint produced Unknown 1986 American Gold Eagle coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1986-S American Gold Eagle (Proof) a key date? +
Yes, the 1986-S American Gold Eagle (Proof) is considered a key date in the American Gold Eagle series. Key dates are coins with low mintage, high collector demand, or both, making them among the most valuable in the series.
How much is a 1986-S Proof American Gold Eagle worth? +
The value of this coin tracks closely with the current spot price of gold plus a modest premium for its proof finish. In typical PR69 condition, these coins often sell for roughly $2,500 to $2,800 depending on gold market fluctuations.
Is the 1986-S American Gold Eagle rare? +
This coin is not rare. With a mintage of 446,290, it is the most common one-ounce proof Gold Eagle in the entire series history.

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