The 1984 Olympic $10 gold coin is a unique collectible that honors the Los Angeles Olympics. Although it’s no longer in circulation, this coin has become valuable to collectors, with some examples worth as much as $1,170. The design, which includes Olympic rings and two torch-bearing athletes, highlights a significant event in U.S. history. If you have one of these coins or want to know what makes them so special, here’s everything you need to know.
Key Features of the 1984 Olympic $10 Gold Coin
- Unique Design and Olympic Symbolism
This coin was created to honor the 1984 Summer Olympics held in Los Angeles, California. Its front side (obverse) features the Olympic rings and two athletes holding a torch, symbolizing unity and the spirit of the games. This design makes it an interesting piece of American sports history. - Material and Composition
The 1984 Olympic $10 coin is made from 90% gold and 10% copper, giving it both intrinsic and collectible value. The high gold content makes this coin valuable, especially since gold prices tend to rise over time. - Commemorative Coin Authorization
The U.S. Congress authorized this coin as a commemorative piece. Commemorative coins like this are special because they’re designed to mark significant events or honor influential people. The U.S. Mint sells these coins primarily to collectors, and proceeds from the sale often go to charitable causes or support the commemorative event. - Limited Production and Value
Unlike regular coins, the Olympic $10 gold coin was not meant for everyday use. This limited production makes it rare, adding to its value. Since the U.S. currently doesn’t have any circulating $10 coins, owning one of these commemorative coins is like holding a piece of history.
Other Notable Olympic Coins in U.S. History
The U.S. has released other Olympic commemorative coins, including:
- 1996 Atlanta Olympics Coins – Minted to celebrate the Centennial Olympic Games.
- 2002 Salt Lake City Winter Olympics Coins – Made to honor the Winter Olympics held in Utah.
With Los Angeles hosting the Olympics again in 2028, new legislation has already been proposed to create another Olympic coin for that year. Salt Lake City will also host the Winter Olympics in 2034, so more commemorative coins may be on the way.
Table: 1984 Olympic $10 Gold Coin Details
| Feature | Details |
|---|---|
| Year | 1984 |
| Event Commemorated | 1984 Summer Olympics in Los Angeles |
| Obverse Design | Olympic rings, two torch-bearing athletes |
| Metal Composition | 90% gold, 10% copper |
| Face Value | $10 |
| Current Value | Up to $1,170 (depending on condition) |
Conclusion
The 1984 Olympic $10 gold coin is a remarkable piece of American numismatic history, celebrating the Los Angeles Olympics. With its unique Olympic-themed design, high gold content, and status as a commemorative coin, it has gained value among collectors. Unlike everyday coins, the limited production and high-grade materials make it valuable. If you have one of these coins, it could be worth around $1,170 or even more if it’s in excellent condition.
FAQ’s
Why is the 1984 Olympic $10 coin worth more than its face value?
Because it’s made of 90% gold and is a commemorative piece, it has both collectible and material value. Collectors are willing to pay a premium for coins in good condition.
Are there other U.S. Olympic coins like this one?
Yes, the U.S. also issued coins for the 1996 Atlanta Olympics and the 2002 Salt Lake City Olympics. New Olympic coins are expected in 2028 and 2034.
What makes commemorative coins special?
Commemorative coins honor significant events or people and are often made in limited quantities. This makes them more valuable to collectors than regular circulated coins.