2012-(S) NGC MS-70 1 oz American Silver Eagle Coin Struck at San Francisco
The American Eagles Program was launched in 1986 as a result of the Liberty Coin Act and the Gold Bullion Coin Act, both from 1985.
The US Mint resealed the American Silver Eagle as the United States' official silver coin, holding a 1-dollar face value, legal tender status, and a rescued beloved obverse design from the 1917 Half-Dollar Coin.
The Philadelphia Mint produces the US Silver Eagles bullion version. They typically carry no mint mark. However, when demand is high, the US Mint usually resorts to its other branches, such as the San Francisco Mint, to boost production.
Even though these coins were struck at the San Francisco Mint, they still carry no mint mark. That is only indicated on the NGC slabs, along with the MS-70 grade.
Coin Highlights
- Evaluated, encapsulated, and certified as MS-70 coins by NGC;
- Contains 1 oz of .999 fine silver;
- Bullion coin;
- Produced by the US Mint;
- Issued in San Francisco Mint without mint mark;
- Bears USD 1 face value and legal tender status;
- The obverse features Adolph A. Weinman’s Lady Liberty;
- The reverse showcases John Mercanti’s Heraldic Eagle;
The Design
The obverse, designed by Adolph A. Weinman, comes from the 1917 Half-Dollar Coin. It features "The Walking Liberty," in which Lady Liberty, enveloped in the American flag, strides toward the sun's rays.
Lady Liberty extends one arm to welcome newcomers to the New World and carries oak and laurel branches in the other. The image includes the word "LIBERTY," the motto "IN GOD WE TRUST," and the year of mintage.
On the reverse, John Mercanti, Chief Engraver of the US Mint, designed the Heraldic Eagle, adorned with the National Shield on its chest, arrows and olive branches in its talons, and a banner with "E PLURIBUS UNUM" in its beak. The stars above the eagle symbolize the Thirteen Original Colonies.
The reverse design contains the inscriptions "UNITED STATES OF AMERICA," "1 OZ FINE SILVER," and "ONE DOLLAR," which denote the coin's face value, weight, metal content, and purity.
An NGC MS-70 coin
NGC (Numismatic Guaranty Company) is globally renowned for evaluating and grading coins using the Sheldon Grading Scale, which rates coins from 1 to 70 according to their condition.
MS stands for Mint State. Mint State coins have the format of business coins that have never circulated. 70 is the grade attributed to coins with no visible flaws.
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