Description
With a significant drop in demand for both bullion and proof versions of the American Silver Eagles by investors and collectors alike, 1992 marked a year of change for the American Silver Eagle Program. The shrinking market in the early 1990s caused lower mintages of the coins at that time. Because of that low mintage, coin enthusiasts have seen an increase in the rarity of these items in the modern era. Minted at the San Francisco Mint, located in California, this Proof $1 American Silver Eagle has been graded by NGC with an “as minted” perfect score of PF70UC.
The American Silver Eagle is considered one of the most popular coins worldwide. The creation of these iconic 1 Troy oz of .999 fine silver coins was authorized through the Liberty Coin Act of 1985, and production began in 1986. Known to many as the official bullion coin of the United States, in 2021, a redesign was introduced by the US Mint. The original obverse design, based on Adolph A. Weinman’s 1916 “Walking Liberty” half dollar, has been updated with the help of modern technology. Now a closer reflection of Weinman’s original design, the Obverse includes the addition of his traditional artists’ mark on the coin itself. As with the obverse, the reverse of Silver Eagle also received an update in design. Before the Summer of 2021, the design was that of the heraldic eagle of the United States, created by former-Chief Engraver of the United States Mint, John Mercanti. This design features an American bald eagle with a heraldic shield in front of it, with arrows and an olive branch in its talons. The new reverse design, also known as “Eagle Landing,” shows an eagle approaching a landing, carrying an oak branch to add to a nest. This new reverse design was created by one of the U.S. Mints Artistic Infusion Program Designers, Emily Damstra.
Shop with confidence, knowing when you buy from ModernCoinMart; you are buying the best. Each coin has been carefully assessed by experts at the Numismatic Guarantee Corporation (NGC) and is backed by the NGC Guarantee. To protect their condition, these coins are shipped in their original NGC certification holders.
