All Silver Eagle proof coins come in a protective plastic case with a certificate of authenticity. Each coin bears the mark of the mint where it was struck. P for Philadelphia, W for West Point, and S for San Francisco.
In 1986, the United States began striking gold bullion coins to compete with world bullion competitors, such as the Canadian Gold Maple Leaf, the South African Gold Krugerrand, and the Chinese Gold Panda. The value of these coins was intended to be tied directly to their metal value, although in some cases (where mintages were low), a collector market has developed. The bullion value of these coins far outstrips their face value, making them the ideal product for numismatists and investors.
A term that was introduced recently, in 2006, \"burnished\" refers to where and how the American Gold Eagle was minted. All Burnished American Gold Eagles sport a \"W\" mint-mark, signifying its place of origin: the West Point Mint. Celebrating the successful 20th anniversary of the American Gold Eagle series, the US Mint released a new coin to join the record-breaking program. A burnished coin was produced for each size variety (1 oz, 1/2 oz, 1/4 oz, and 1/10 oz), but switched to only minting 1 oz coins in 2009, due to a stall in proof and burnished Gold Eagle production.
The US Mint claims that the actual process of minting the burnished coins is very similar to the proof version but the outcome is quite different. Burnished coins greatly resemble brilliant uncirculated Gold Eagles, wherein they carry that same frosted finish, instead of a glossy one. The complicated and precise process begins with a blank put through a spinning drum. When that blank comes out, on the other end, a specialist handles the coin with white gloves to ensure maximum care. The coin is then placed, by hand, into the coin press, where a high pressure strike is released. This gives the burnished coin a more refined look, making every little detail sharper. Although the finish, of the burnished coin, has a matted look, the background is more mirror-like, giving the illusion that Lady Liberty is floating.
When purchasing a Certified American Gold Eagle, there is information provided on the coin holder that is important to know. The first thing to notice is the coin's strike type:MS: Short for \"Mint-State;\" refers to coins that have never been in circulation and are the same condition as when they were originally produced. Mint State coins will receive a grade ranging from 60-70 on the Sheldon Numeric Scale.PF/PR: Abbreviation for \"Proof;\" refers to the method of coin manufacture, made for eye appeal among collectors.SP: A \"specimen\" coin is a combination of strike type (somewhere in the middle of Mint State and Proof).A Certified American Gold Eagle (or any certified bullion coin) will most likely come in one of two grades:MS/PF70: Bullion coins that have kept their original mint luster and contain zero post production flaws. MS/PF69: Bullion coins that contain 2 or less minute imperfections but still carry their original mint luster. Other certification terms often used for bullion coins:First Strike: PCGS term designates coins that have been certified within the first 30 days of production by the contributing mint.Early Release: NGC term designates coins that have been certified within the first 30 days of production by the contributing mint.UCAM/DCAM: Shortened for Ultra-Cameo and Deep-Cameo, these terms refer to the coin's visual brilliance that is apparent on the surface by an unyielding, frosted finish and a deeply mirrored background luster. Investment Opportunity
The American Silver Eagle is one of the most widely recognized and respected coins in the world today. Silver Eagles come in various forms. These forms are bullion and proof coins, as well as uncirculated and certified versions. Silver eagles have an interesting and rich history. The coins were originally thought up in order to release a large amount of silver to the public.
Silver Eagle proofs are a bit different. These proof coins are struck multiple times giving the coin a very shiny luster. Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. In fact, it is not uncommon for silver eagle proofs to sell for $40 or more over the current spot silver price.
Certified silver eagles are silver eagles that have been handled or circulated but have been sent in to a grading company to be certified. The grading process assigns a grade to the coin based on multiple factors including scarcity, condition and more. The grading company certifies the authenticity and grade of the coin and then sends the coins back out. These certified coins, like proof coins, are considered more collectible and thus carry higher premiums over the spot silver price.
From 1986 to 2021, the United States Mint issued the Silver American Eagle with the same design elements on the obverse and reverse each year. On the date of the 35th anniversary for the series, the United States Mint announced a change to the reverse design element of the Silver American Eagle. The heraldic eagle design from John Mercanti, in use since 1986 in this series, was issued one final time on 2021 Silver American Eagles issued in the early months of 2021. Beginning in mid-year 2021, the United States Mint issued the coins with the new reverse design element.
The reverse shows a male eagle with a female eagle and her hatchlings below in their nest, designed by MileyFrancesBusiek. The gold eagle is stamped with its face value and fine weight. It is made in 1/10, , , and 1 ozweights,corresponding to a face value of $5, $10, $25, and $50, which is well below the value of the gold American eaglecoin in terms of the value. The value of the coin is not tied to its face value but is tied to the underlyingcontent of gold and value of gold, which fluctuates constantly during market hours. It is one of only twopopularmodern gold coins that is made of a 22 karat gold alloy, comprising of 91.67% gold, 3.00% silver, and 5.33%copper.
The price of American Eagle gold coin, contrary to the face value on the coins, is dependent on the gold content.This is mainly based on the size of any given American eagle. The most popular is the one-ounce golden Americaneagle. This is by far the most bought and sold American gold coin, and it is one of the top three most purchasedgold coins at Pacific Precious Metals.
The design of American Gold Eagles stays very true to most other American mint coins. One side features theiconicLiberty Lady and on the other a Bald eagle, the national bird, with its wings abroad above a nest with baldeaglehatchlings. On the Liberty side, you can find the year that the specific Gold Eagle was created, as well as themintmark; this shows the location of the mint that the specific American Gold eagle was produced and on theleft-hand side is a miniaturized capitol building. 59ce067264