1988 PF 70 GAE set

Gold Coins
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About the coins

The 1988 Gold Eagle Proofs are unique among the Proof series of coins produced from 1986-2008, as this was the first year that all four Gold Eagle denominations were minted in Proof versions. Being the first year for the four coin Proof set, compared to all the other mintages in the first two decades of production, the 1988 Gold Eagle Proofs are among the least rare by denomination with the $5 and $10 Gold Eagle Proofs being the most populous among their denominations in the entire series.

Original Total Mintage Summary:

As a group, there was a total of 405,570 Gold Eagle Proofs minted across all four denominations. While this total is smaller than the total mintage of the 1986 $50 Gold Eagle Proofs, it still ranks the 1988 Gold Eagle Proofs as the most populous four-coin group in the entire series.

NGC Certified Population Summary:

Additionally, through June 26, 2009, a total of only 420 four coin Gold Eagle Proof sets from 1988 had been certified by NGC in Proof 70 condition.

Key World Events for 1988:

January 1:

Mikhail Gorbachev initiates legislation in the Soviet Union, which begins a massive economic restructuring under the name of perestroika.

March 16:

Oliver North and John Poindexter are indicted in the Iran-Contra Affair on charges of conspiracy to defraud the United States.

May 15:

After more than eight years at war, the Soviet Union begins its withdrawal from Afghanistan.

May 16:

Surgeon General C. Everett Koop publicly reports that nicotine is addictive.

September 29:

NASA resumes the space shuttle program with the launch of the Space Shuttle Discovery.

November 8:

Vice President George H. W. Bush defeats Democratic challenger Michael Dukakis to become the 41st President of the United States.

December 21:

Libyan terrorist blow up Pan Am Flight 103 over Lockerbie, Scotland.

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