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2017 American Eagle Silver Proof Coins Just Went on Sale March 23

American Silver Eagle

(Washington)—The United States Mint will begin accepting orders for the 2017 American Eagle 1-ounce silver Proof coin on March 23 at noon Eastern Time.

American Silver Eagle

The obverse of the ASE features Adolph A. Weinman’s full-length figure of Liberty in full stride, enveloped in folds of the flag, with her right hand extended and branches of laurel and oak in her left. Its reverse features former Mint sculptor-engraver John Mercanti’s heraldic eagle bearing a shield, with an olive branch in its right claw and arrows in its left.

American Eagle 1-ounce silver Proofs are struck on .999 fine silver blanks and bear the W mintmark, indicating their production at the U.S. Mint at West Point. Each coin is encapsulated and packaged in a satin-lined, blue-velvet presentation case with a certificate of authenticity.


via: Coin Update




The Back Story on the American Eagle Coin:

It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size, which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) and codified as 31 U.S.C. § 5112(e)-(h). Its content, weight, and purity are certified by the United States Mint. In addition to the bullion version, the United States Mint has produced a proof version and an uncirculated version for coin collectors. The Silver Eagle has been produced at three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint.

The Silver Eagle coins were sold out in the first week of July 2015. The Mint said its facility in West Point, New York, continued to produce coins and it resumed sales at the end of July 2015. This was the second time the mint’s silver coins had sold out in the past nine months. The Mint ran out of 2014-dated American Eagles in November 2014. In 2013, the historic drop in silver increased demand for silver coins, forcing the mint to ration silver coin sales for 18 months.

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