American Silver Eagle coins are one of the most popular silver coins in the world. Investors and collectors eagerly await each annual release with bated breath, looking to snag these coins for bolstering and expanding their coin collections and precious metals investment portfolios. The United States Mint releases three Silver Eagle variants, bullion, proof, and burnished. Although the bullion and proof versions have been around since the first Silver Eagle was struck in 1986, the burnished variant was launched two decades later, in 2006.
The designs on American Silver Eagles are the same. However, proof coins do bear a mint mark, a feature absent from the bullion versions of the coin.
John Mercanti’s interpretation of the design of the National Seal of the United States graces the reverse side of this coin. A proud Bald Eagle stands behind a striped shield, clutching arrows in one talon and an olive branch in the other. Moreover, thirteen stars float above the Eagle’s image, honoring the 13 original colonies of the United States.
Meanwhile, the obverses feature Adolph A. Weinman’s famous Walking Liberty design. Lady Liberty is seen striding forward towards the rising sun, holding olive branches in her hands. Moreover the motto ‘In God We Trust’ is also imprinted on this side.
A Proof American Silver Eagle Coin is a marvel of fine craftsmanship. The detailed designs seem almost lifelike, contrasting against the finely polished silver surface. These coins command a higher premium over the spot silver price than their bullion counterparts command, as they are struck using a more precise and slow process, to ensure premium quality.
Interestingly, proof coins were originally struck for purely record-keeping purposes. However, collector demand for these coins prompted many mints to strike proof coin variants for sale. The higher premium charged is usually not an issue for those who want to maintain complete proof coin collections for certain coin programs, national coinage, etc.
Even though American Silver Eagle Proof Coins are struck using a more precise minting method, variation in quality does occur from time to time. Hence, renowned third-party grading agencies such as the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS) thoroughly inspect batches of coins to ascertain their condition.
PF-70 grades are awarded to coins displaying absolutely no flaw, even under 5x magnification. This is the highest grade on the Sheldon Scale (ranges from 1 to 70), and both grading agencies assign this grade only after several rounds of inspection and verification.
Graded coins are becoming increasingly popular in the precious metals market. Collectors and investors who want specific types of coin conditions can easily choose from the wide variety of graded American Silver Eagle Proof Coins in our inventory. Each graded coin is sealed within a plastic slab by the grading agency, alleviating counterfeiting concerns.
Some collectors prefer their Proof American Silver Eagles in original United States Mint Boxes, complete with a Certificate of Authenticity (COA). These products are shipped as received from the United States Mint. The Mint Box is worthy of making the display case, making it easier to showcase your purchases.