About the 2020 Silver American Eagle Proof 70 Coin: In 1985, the Liberty Coin Act was approved by the United States Congress which authorized the U.S. Mint to start making a 1 troy ounce silver coins comprised of .999 pure silver. The Silver American Eagle quickly became one of the most popular silver coins. Every year since 1986, the Silver American Eagle has been minted in both bullion and proof coins, except in 2009, when a proof coin wasn’t produced. The proof version of the coin has a mirror-like finish which creates a lustrous finish rather than the dull shine of the bullion coin. Since 1986, Silver American Eagle coins have been minted in three different mints: Philadelphia Mint, San Francisco Mint, and the West Point Mint. The mintmark ties the mint to the finished coin. Silver American Eagle bullion coins do not have mintmarks.
Investors that are seeking the best of the Silver American Eagle coins minted in 2019 will find perfection in the proof 70 variation. This particular offering includes 10 of these proof 70s. If you were to purchase the bullion version of the Silver American Eagle you are indeed purchasing pure silver, yes, but a proof 70 version ensures the coin now in your physical possession is of the highest quality. In fact, the Numismatic Guaranty Corporation has inspected these coins up to a 5x time magnification to ensure the perfection of the minting process. Then in conjunction with NGC and the United States Gold Bureau, each Perfect Proof 70 coin is slabbed in a sonically sealed container and hand-signed by the former U.S. Mint Director, Ed Moy. Making these 2020 Silver American Eagles even rarer than other proof 70 offerings.
This could be the last Silver Eagle Proof using the Mercanti “Heraldic Eagle” design!