NGC MS70 First Releases Elizabeth Jones Signature. First issued in 1986 the American Silver Eagle has become far and away the most collected modern silver coin in the World!
Over the years, several different types of Silver Eagles have been struck (Mint State, Proof, Burnished, Reverse Proof & Enhanced) but one thing that had remained unchanged was the design. The obverse had always featured Adolph Weinman's classic Walking Liberty design along with the inscriptions "LIBERTY", "IN GOD WE TRUST" and the year. The reverse, designed by the 12th U.Mint Chief Engraver John Mercanti, depicts a heraldic eagle with a shield. The inscriptions "UNITED STATES OF AMERICA", 1OZ. FINE SILVER" and "ONE DOLLAR also encompass the reverse. In 2021, for the first time in 35 years, the classic American Silver Eagle was updated with an enhanced obverse design and a brand new reverse design! Before production could begin on the new Type 2 Silver Eagle, production had to come to an end with the original design which is now referred to as the Type 1 Silver Eagle.
Although the West Point Mint is the primary production location for bullion Silver Eagles, in recent years, demand has been extremely strong. In an effort to keep up with demand, both the Philadelphia and the San Francisco Mints have been used to augment American Silver Eagle Bullion production.You might be wondering how would one know if they had a Silver Eagle struck from the West Point Mint, the Philadelphia Mint or the San Francisco Mint if the bullion coins do not have a mint mark? The Silver Eagles struck at the Philadelphia Mint and San Francisco Mint have specific serial numbers on their sealed US Mint monster box that allows the grading services to recognize one of these boxes upon submission. When Silver Eagles are submitted for grading and can be verified as coming from either West Point, Philadelphia or San Francisco, PCGS will add a (W) designation for West Point, a (P) designation for Philadelphia or an (S) designation for San Francisco on the label. In addition, the label has been hand signed by the 11th Chief Engraver of the United States Mint, Elizabeth Jones.
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