In 1986, when President Ronald Reagan signed the Liberty Coin Act, he paved the way for everyday citizens to secure pure, legal-tender American Silver Dollars domestically, with the launch of a new bullion coin, the American Silver Eagle. But nobody could have foreseen how incredibly popular these 99.9% fine silver coins would become. In fact, they proved to be so popular that—since their introduction in 1986—546,443,850 have been struck. That’s well over a HALF A BILLION coins, easily making them the best-selling silver coins on the planet.
As expected, the new Silver Eagle coins appealed to investors thanks to their one troy ounce weight and 99.9% purity guaranteed by the U.S. Government. But the coins also proved to be a hit with collectors, who anxiously looked forward to adding each year’s release for their collections. That popularity was due in large part to the iconic design. Struck for the first 35 years with John Mercanti’s Heraldic Eagle reverse design, these beautiful coins got a new design in honor of their 35th anniversary midway through 2021— Artists Infusion Program (AIP) artist Emily Damstra’s Eagle Landing reverse design, sculpted by recently retired U.S. Mint artist Michael Gaudioso, a classically trained sculptor, designer and painter. The detailed design depicts a bald eagle mid-landing, with wings spread and talons firmly gripping an oak branch.
Additionally, thanks to technological advances, the iconic Adolph Weinman design on the obverse represents a closer representation of the artist’s original vision when he created it for the Walking Liberty Half Dollar in 1916—a full-length figure of Lady Liberty in full stride, enveloped in folds of the flag. That classic design now includes Weinman’s traditional initials artist’s mark beneath “In God We Trust.”
Though technological advances have modernized and streamlined the production of proofs, the extra time and effort required to produce them compared to non-proof coins is a big reason why there are far fewer proofs minted each year than bullion coins. Actually, “far fewer” hardly tells the story. On a good day, proof coins can be produced at a rate of 50 to 100 an hour. Bullion coins, on the other hand, can be produced at up to 750 coins per minute. Of the more than 546 million Silver Eagles that have been minted since the coin’s introduction in 1986, less than 26 million of those coins have proof finishes—that’s in the neighborhood of only 4.75%. Collectors love them because they’re the best of the best quality, and because of their relative scarcity.
For any collectible item, collectors want the finest quality available. That’s why coin collectors covet proofs. And especially proofs with the highest quality grade possible—that’s 70, on a 70-point scale, representing absolute perfection, even under magnification. These are the grades most sought-after by collectors.
Each of these proofs has been certified as flawless Proof-70 (PF70) by Numismatic Guaranty Company (NGC), or flawless Proof-70 (PR70) by Professional Coin Grading Service (PCGS), two of the top coin-grading services in the world. Not only that, but they’ve also been certified Ultra Cameo (UC) or Deep Cameo (DCAM), a designation given to coins that possess an intense frosted finish on both sides, with highly polished fields accenting the raised elements. These are the best of the best!
These Silver Eagle Proofs have not only qualified for perfect grades, they’ve also been certified with the sought-after First Day of Issue (FDI) designation. The FDI designation means these coins were turned over for grading within 24 hours of release from the mint. First Day of Issue proof coins are thought to have crisper strikes than those struck later because the dies are considered to be fresh with less mileage on them when the planchet is struck on the press, and because there are fewer of them compared to the overall population.
Along with being the best of the best and the first of the best, each proof comes encapsulated with an exclusive black core Silver Eagle label featuring (one each) the hand-signed signatures of five people that played critical roles in the American Eagle Series:
You’ll be glad to have these flawless, perfect, gorgeous proofs as part of your collection. Take a look for yourself and see why!
• One-Ounce Silver Eagle with Michael Gaudioso Hand-Signed Label
• One-Ounce Silver Eagle with Emily Damstra Hand-Signed Label
• One-Ounce Silver Eagle with John Mercanti Hand-Signed Label
• One-Ounce Silver Eagle with David J. Ryder Hand-Signed Label
• One-Ounce Silver Eagle with Elizabeth Jones Hand-Signed Label
• One-Ounce Silver Eagle with Michael Gaudioso Hand-Signed Label
• One-Ounce Silver Eagle with Emily Damstra Hand-Signed Label
• One-Ounce Silver Eagle with John Mercanti Hand-Signed Label
• One-Ounce Silver Eagle with David J. Ryder Hand-Signed Label
• One-Ounce Silver Eagle with Michael Gaudioso Hand-Signed Label
• One-Ounce Silver Eagle with Emily Damstra Hand-Signed Label
• One-Ounce Silver Eagle with David J. Ryder Hand-Signed Label
• One-Ounce Silver Eagle with Michael Gaudioso Hand-Signed Label
• One-Ounce Silver Eagle with David J. Ryder Hand-Signed Label
Do not drag your feet on this. The demand for Silver Eagles increases exponentially each year because today’s gorgeous Silver Eagles appeal to collectors and investors alike. The final mintage of Silver Eagle Proofs for 2023 is unknown, but what is known is that only a fraction of those coins will be certified as perfect 70 grades, with coveted First Day of Issue pedigrees and hand-signed labels. Secure yours right now.