1983-S NGC PF69 Ultra Cameo Olympics Commemorative %90 SILVER Coin

Description

1983-S NGC PF69 Ultra Cameo Olympics Commemorative %90 SILVER Coin.
The success of the Washington Half Dollar program in 1982 eased the way for additional commemorative legislation, and the first of these new coins were issued for the 23rd Olympiad hosted by Los Angeles in 1984. The simplicity of the Washington program, however, was quickly overwhelmed by the grandiosity and greed that had ultimately brought about the suspension of commemorative coinage in 1954. That the concept of commemoratives could survive such abuses was a testament to the great desire of collectors to continue the series. The original plan was to coin proof and uncirculated editions of two silver dollar types in 1983 and 1984, respectively, plus a single type of gold eagle, or ten-dollar piece in 1984. This latter coin was particularly welcomed as the first gold coin to emanate from the U. S. Mint since 1933. While the Mint had been producing the American Arts series of commemorative gold bullion pieces since 1980, these were merely medals and lacked the cache accorded by the hobby to actual coins. The commercial sponsors of the Olympic coin bill, however, quickly saw dollar signs and began agitating for a long series of commemorative coins comparable to that issued by Canada for the 1976 Olympic Games in Montreal.