Coin Specifications

Category: Modern Commemoratives (1982-Date)
Mint: West Point
Mintage: 9,174
Catalog: KM-274
Obverse Designer: Patricia Verani and John Mercanti
Reverse Designer: "William J. Krawczewicz and Thomas D. Rogers, Sr."
Composition: Gold
Fineness: 0.9000
Weight: 8.36g
AGW: 0.2419oz
Melt Value: $327.10 (7/31/2016)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1996 W OLYMPICS FLAG BEARER $5 MS obverse 1996 W OLYMPICS FLAG BEARER $5 MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

United States commemorative coins had been approved for previous Olympic Games in 1984, 1988 and 1992, and the sale of such pieces was viewed by Congress as a painless way of funding the training of America’s athletes. For those promoting the 1996 Centennial Olympic Games in Atlanta, coin collectors evidently were seen as a cash cow that could be milked endlessly. Despite marketing surveys conducted by the coins’ backers in which collectors expressed their reluctance to buy an extensive series of commemoratives for a single occasion, a bill was approved by Congress authorizing the most complex and expensive program before or since.

The law authorized the minting of no less than 16 different coins for the same event. Each of these would be minted in the usual uncirculated and proof editions, making for a total of 32 issues in all. As is this weren’t enough to discourage sales of each coin type, it was determined that common reverse designs would be used for each of the three denominations, though the splitting of the series’ mintages over two calendar years, 1995 and 1996, would provide for a change in these common reverses from one year to the next.

Authorized for 1995 were two copper-nickel-clad half dollars, four silver dollars and two gold half eagles. This same line-up would be minted in 1996, too. Themes for the 1995 halves included basketball and baseball. The silver dollars honored gymnastics, paralympics, track and field and cycling. Half eagles were minted that showed the Olympic Torch runner and the Atlanta Stadium.

The common reverse for the 1995 halves featured a globe of the world with the Atlanta Centennial Olympics logo at its center. Seen on each of the 1995 silver dollars is a pair of grasped hands beneath the centennial logo. A strident American eagle dominates the common reverse for the 1995 half eagles.

A similar line-up was prepared bearing the date 1996. That year’s half dollars honored swimming and soccer, respectively, while themes for the silver dollars included tennis, rowing, high jump and paralympics. The torch bearer lights the Olympic flame brazier on the first half eagle of 1996, while the second issue portrays an American athlete carrying the national flag and leading his team in the parade of nations. The common reverses chosen for 1996 are all quite bland, consisting solely of the Centennial Olympics logo, text and a few other supporting elements.

All of the half dollars, regardless of finish, were coined at the San Francisco Mint. The production of silver dollars was divided between Denver (uncirculated) and Philadelphia (proof). As was customary for most gold commemoratives, both editions of the half eagles were minted at West Point.

With so many coins from which to choose, collectors were understandably selective about their purchases. Most of the obverse designs are average, at best, the reverse types abysmal. In general, the 1995 coins sold better than the 1996 series, despite inclusion of the half dollars in 1996’s Prestige Proof Set. International sales undoubtedly contributed toward salvaging what could have been a complete disaster, but it’s still likely that the U. S. Mint failed to recover its costs of modeling and die making for some of the poorest selling issues. There are some real rarities in this program, particularly among the always less popular uncirculated strikes.

GRADE SUMMARY

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Price Guide

Last Updated: 9/26/2014

Click on a price to see historical prices, comparison charts and trends.

1996 W OLYMPICS FLAG BEARER $5 MS
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 380 381 382 383 384 385 386 484 770 1440 2000

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Census

 
NGC GRADE SUMMARY

Total Graded: 714
Low Grade: 65
Average Grade: 69
High Grade: 70


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/23/2004 PCGS MS 69   Teletrade Auction 1900, 1900/Lot# 2462 $374.00
9/19/2010 PCGS MS 69   Goldberg September 19-21, 2010 Pre-Long Beach Coin Auction, 60/Lot# 3444 $1,260.00
4/24/2013 NGC MS 70   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(6), 1184/Lot# 5131 $763.75
1/8/2014 NGC MS 69   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(8), 1201/Lot# 10530 $705.00
6/2/2014 NGC MS 70   Stack's Bowers iAuction 3484, 6033/Lot# 20530 $749.65
8/31/2014 PCGS MS 69   GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 206891 $600.00
12/14/2014 NGC MS 70   David Lawrence Rare Coins Internet Auction # 834, 843/Lot# 765 $975.00
2/26/2015 NGC MS 70   Heritage Auctions 2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas Session(4), 1218/Lot# 8231 $881.25


NGC Registry

NGC Registry Score 1996 W OLYMPICS FLAG BEARER $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base733758785813840870900930961994102710601062106310641066106710691115147220792464
7417677948228508809109409721005103810611062106310651066106810841234167422070
0000009109409721005103810611062106310651066106810841234167400
0000009209519831016104910611063106410651067106811001353187700
Registry Image Gallery
Grade: MS 70
Points: 2464
Owner: Alaska Coin Nut
 
Grade: MS 70
Points: 2464
Owner: Bruce Laquster
 
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