Description
1992-S Proof Silver Eagle in Original Packaging
The American Silver Eagle was first minted in 1986, and 30 years later they are still going strong. At the time this coin was minted, the future of the American Silver Eagle was still somewhat unknown, but what is known today is that they are one of the highest selling, most recognized modern bullion issues worldwide.
Most newly issued series go through what is generally called an inaugural sales spike during their first year or two of issue. They go through a very high spike in sales while they are new, then decline each year until a bottom is reached (usually 4-10 years), then they rebound. This coin was the 7th issue and sales had already fallen from over 1.4 million in 1986 to less than 500 thousand by 1992. The absolute mintage bottom for the Cameo Proof Silver Eagles was the tenth year of production. Today we see consistent sales in the 800,000+ range making these early 90s proofs scarce by comparison.
One thing that helps the sales of these coins is their classic design. Helped by the fact that they are a modern version of a classic design by famous sculptor Adolph A. Weinman, the American Silver Eagle is easily one of the most beautiful modern coins issued by the United States Mint, and the consistency by which they are issued helps set collectors count on being able to add another piece to a uniform collection of coins each and every year. Get yours now – in the original government mint packaging through Modern Coin Mart and we will ship it to you domestically at no additional charge!
