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American Silver Eagle

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cmdrstp's Avatar
United States
113 Posts
 Posted 10/30/2009  11:17 pm Show Profile   Bookmark this topic Add cmdrstp to your friends list Get a Link to this Message Number of Subscribers
Who is reputable for an American Silver Eagle proof? What can you expect to pay? I would like a 2000 West Point proof. I can't think of a more beautiful coin.

Also, what is the difference between a burnished and an uncirculated Silver Eagle?

Thank you.
Edited by cmdrstp
10/30/2009 11:24 pm
New Member
United States
25 Posts
 Posted 10/30/2009  11:34 pm  Show Profile   Bookmark this reply Add DAN505 to your friends list Get a Link to this Reply
I don't believe the proofs were minted at West Point in 2000
but here is a link to APMEX probably your best bet for ASE unless you want to try your luck on ebay

http://www.apmex.com/Category/503/Silver.aspx
Valued Member
cmdrstp's Avatar
United States
113 Posts
 Posted 10/30/2009  11:49 pm  Show Profile   Bookmark this reply Add cmdrstp to your friends list Get a Link to this Reply
You're right. I just looked in the 'red book." Sorry. The year is not that important to me as being from West Point.

ebay? I have heard their are a lot of counterfeits. I want the certainty of being authentic.

Thank you for the site, DAN505.
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/31/2009  12:36 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

You can normally purchase proof Silver Eagles directly from the Mint, except they have been discontinued for this year There are plenty of perfectly reputable sellers on ebay, just pay attention to feedback, quality of pictures, and return policy. If you have to be absolutely certain is is authentic, you could purchase one certified by a third party grader, aka "slabbed".

There are currently three types of Silver Eagles. The bullion version is the Eagle for silver investors. It is only available through dealers and tracks the spot price of silver. They have been minted at West Point since 2000 but do not have the mintmark.

The burnished Eagle was introduced in 2006, it is sold by the Mint for collectors. In Mint terminology, these are the Uncirculated Silver Eagles. The dies and planchets receive a special preparation but not to the extent of a proof coin, the best description is a soft satin finish. These Eagles do have the W mintmark, the 2006 is fairly pricey but the 2007 and 2008 are not much more expensive than the bullion version.

The proof version has been minted at West Point since 2001 but there was also a special one-off mintage in 1995 of 30,125 Silver Eagles to be included in a 10th Anniversary Eagle set. That coin is the key date of the series and is worth close to $3000. Fortunately, almost all of the other W proofs can be had for less than $50.
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cmdrstp's Avatar
United States
113 Posts
 Posted 10/31/2009  12:40 am  Show Profile   Bookmark this reply Add cmdrstp to your friends list Get a Link to this Reply
Thank you for such a detailed answer. I appreciate your help. Thank you.
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unnkown95's Avatar
United States
297 Posts
 Posted 10/31/2009  3:43 pm  Show Profile   Bookmark this reply Add unnkown95 to your friends list Get a Link to this Reply
just a story:
the other day I went with my mom to the bank she needed to use her safety depodit box and it turned out she had 3 silver eagles in there one form 1995, 1998 and I forgot the other year il check later
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