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—647,230,087 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 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 look 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 production of proofs, the extra time and effort required to produce them compared to non-proof coins is a big reason why there are typically 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 647 million Silver Eagles that have been minted since the coin’s introduction in 1986, just over 27 million of those coins have proof finishes—that’s less than 4.2%. Collectors love proofs 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 each these Silver Eagles has also been certified with the sought-after First Day of Issue (FDI) designation. The FDI designation means these coins are thought to have crisper strikes than those struck later because the dies are considered to be fresh, with less mileage when the planchets are struck on the press, and because there are so few of them compared to the overall population.
But that’s not all! Each of these Gold and Silver Eagles will arrive encapsulated in a tamper-resistant holder, featuring an exclusive label, with hand-signed signatures (one per coin) from men and women who have played a critical role in the designs and popularity of these beautiful coins. Your choice of hand-signed signature labels includes:
In 1991, Elizabeth Jones retired from her position at the US Mint after 10 years of service. Although she did not design any official US currency to be circulated in public, she was monumental in launching the modern US commemorative coin programs that are still running stronger than ever today. After retirement, Jones designed another very popular coin, the 2001 Capitol Visitors $5 Gold Piece. In 1994, she was also made an Honorary Life Member at the American Numismatic Association.
This is the final year labels featuring the hand-signed signature of Elizabeth Jones will be available!