shopper approved
    1794.05
    -4.27
    24.08
    -0.09
    1031.58
    -14.20
    2015.63
    -18.26

    Proof NGC Certified American Silver Eagles

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    1 oz Proof American Silver Eagle PF69 (Random Year, Varied Label, PCGS or NGC)

    The Proof American Silver Eagle coin is the official collectible coin in the Silver Eagle series. These coins have a more beautiful finish and are coveted by collectors for that finish and its impact on the stunning designs of the Proof Silver Eagle. Today, 1 oz Proof American Silver Eagle Coins are available to you online from JM Bullion. Coin Highlights: Arrives ... Read More

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    2020-S 1 oz Proof American Silver Eagle Coin NGC PF70 (Varied Label)

    As low as $96.49 per coin over spot!

    The American Silver Eagle was originally produced by the San Francisco Mint in both its Brilliant Uncirculated and Proof versions. The BU Silver Eagle was issued by the San Francisco Mint from 1986 to 1998 and the Proof Silver Eagle was produced at San Francis... Read More

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    2021-W 1 oz Proof American Silver Eagle Coin NGC PF69 UCAM ER (Type 1)

    The world’s best-selling silver coin, the Proof American Silver Eagle is the popular collectible choice in the coveted series. The 2021 release in this collection is the first ever to feature two different design combinations. The release year starts with the original design combinations, while coins issued after mid-year come with a new design combination including a ne... Read More

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    1 oz Proof American Silver Eagle PF70 (Random Year, Varied Label, PCGS or NGC)

    The Proof Silver Eagle coin has a much lower mintage level than its bullion counterparts. The United States Mint, for more than a decade, tightly capped the mintage of the Proof American Silver Eagle coin to maintain demand. Today, the US Mint strikes the Proof Eagles to meet the demand of collectors. The 1 oz Proof American Silver Eagle Coin is now available to you for pu... Read More

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    2021-W 1 oz Proof American Silver Eagle Coin NGC PF69 UCAM ER (Type 2)

    The release of Type 2 Silver Eagles from the United States Mint marks a milestone in the history of the series. The 2021 date mark was already a highlight on the calendar of numismatists as the 35th anniversary of the collection. It was further heightened in terms of anticipation as a result of two other major announcements for the series. Now, near-perfect 2021 1 oz Proof... Read More

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    2021-W 1 oz Proof American Silver Eagle Coin NGC PF69 UCAM FDOI (Type 2)

    The 35th anniversary of the American Silver Eagle Series is marked by the release of a refreshed eagle design on the coins. The Type 2 coin release in mid-2021 marks a turning point in the history of the series. Right now, 2021 1 oz Proof American Silver Eagle Coins in near-perfect condition are available to purchase online from JM Bullion. Coin Highlights: Arrives... Read More

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    2021-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM ER (Type 2)

    The Proof American Silver Eagle enters its 35th-anniversary year with an offering for collectors that is unlike any other. Not only does the 2021 date mark offer the first-ever new reverse design in the series, but it also offers the first chance to own two different design combinations in a single date mark. Today, 2021 1 oz Proof American Silver Eagle Type 2 Coins are av... Read More

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    2021-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM FDOI (Type 2)

    The release of the Type 2 Proof Silver Eagle from the United States Mint in 2021 marks the start of a new era in the series. The Type 2 coins deliver the long-awaited refresh of the reverse design element the United States Mint proposed in late 2019. Today, 2021 1 oz Proof American Silver Eagle Coins are available to you online from JM Bullion in perfect condition. Coin... Read More

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    2021-W 1 oz Proof Silver Eagle Congratulations Coin Set NGC PF69 UCAM First Release (Type 1)

    Each year, the United States Mint issues its Proof American Silver Eagle Coins with a limited packaging option known as the Congratulations Set. These coins are housed inside of bi-fold presentation cards that are suitable for gift-giving on birthdays, anniversaries, or weddings. Today, 2021-W 1 oz Proof American Silver Eagle 35th-An... Read More

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    2020-W 1 oz V75 Privy Proof American Silver Eagle Coin NGC PF69 (Varied Label)

    The 2020 release schedule at the United States Mint includes an impressive, low-mintage version of the Proof American Silver Eagle Coin. These coins feature the common design elements of the series, with Walking Liberty on the obverse and the heraldic eagle on the reverse. Additionally, there is a special V75 privy mark honoring the 75th anniversary of World War II’s con... Read More

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    2020-W 1 oz V75 Privy Proof American Silver Eagle Coin NGC PF70 (Varied Label)

    Proof American Silver Eagle Coins are the nation’s leading collectible options each year at the United States Mint. The US Mint typically releases the Proof Silver Eagle with its traditional proof visuals, but 2020 was a fitting occasion to release a Proof Silver Eagle with a rare privy mark. The V75 Proof Silver Eagle carries a privy mark honoring the 75th anniversary o... Read More

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    1993-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of the 405,913 Proof Silver Eagles minted in 1993, only 360 have been graded as PF70 UCAM by NGC. This 1993 American Silver Eagle Proof was struck in Philadelphia and has been certified by NGC to be a perfect PF70 grade. With only 405,913 total proofs minted in 1993, these coins are highly sought after by both investors and collectors. Each coin ships fully insured... Read More

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    1994-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of the 372,168 Proof Silver Eagles minted in 1994, only 412 have been graded as PF70 UCAM by NGC. Please note: Label may vary. Picture is an example only. Actual item is subject to change, but will always correlate with title and description. This 1994 American Silver Eagle Proof was struck in San Francisco and has been certified by NGC to be a perfect PF70 grad... Read More

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    2015-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM ER

    The American Silver Eagle is one of the most recognizable coins in the world. Each year the United States Mint strikes Silver Eagle coins based upon demand for the coins among numismatics, and 2014 was a record year for the coin series. Right now, you can purchase a 2015 American Silver Eagle proof coin from JM Bullion with a PF70 grade from the Numismatic Guaranty Corpora... Read More

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    1987-S 1 oz Proof American Silver Eagle Coin NGC PF69 UCAM

    The Proof American Silver Eagle is the official collectible version of the nation’s silver bullion coin series. It was introduced in 1986 alongside its bullion counterpart and has been offered by the United States Mint in every year since that time, except for 2009. Today, 1987-S Proof American Silver Eagle Coins are available to you online from JM Bullion with NGC certi... Read More

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    2020-W 1 oz Proof American Silver Eagle NGC PF69 UCAM ER

    Proof American Silver Eagle Coins from the United States Mint are offered each year and have distinct visuals when compared to the other collectible coin and the bullion version of the coin. Certified Proof Silver Eagle Coins have even greater visual brilliance as judged by the leading grading houses in the world. Now, 2020-W 1 oz Proof American Silver Eagle Coins are avai... Read More

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    2019-W 1 oz Proof American Silver Eagle NGC PF70 UCAM ER

    American Silver Eagle coins are available from the United States Mint annually with three options. All of the coins in the Silver Eagle Series consist only of a 1 oz silver option, but the coins are produced as investment-grade bullion coins, collectible proofs, and unique burnished coins. Right now, 2019-W 1 oz Proof American Silver Eagle Coins are available to purchase o... Read More

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    2019-W 1 oz Proof American Silver Eagle NGC PF70 UCAM

    American Silver Eagles are one of the most beautiful specimens available in the world today. The national bullion coin of the United States, the Silver Eagle is produced in bullion, proof, and burnished versions each year by the United States Mint. Right now, 2019-W 1 oz Proof American Silver Eagle Coins are available to purchase online in perfect condition from JM Bullion... Read More

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    2017-W 1 oz Proof American Silver Eagle NGC PF70 UCAM ER

    There are few coins in the world with the beauty and brilliance of the American Silver Eagle. This coin, bearing the most iconic of American images, has been available to investors and collectors alike since 1986. Today, you have the opportunity to purchase a 2017-W 1 oz Proof American Silver Eagle coin online from JM Bullion with a perfect certification grade from the NGC... Read More

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    2018-W 1 oz Proof American Silver Eagle NGC PF70 UCAM ER

    Proof American Silver Eagle Coins are a great addition to any collection or the ideal gift for the silver enthusiast in your life. When buying silver, there are few coins better than the Proof American Silver Eagle and its government-backed purity and weight. The 2018 Proof American Silver Eagle Coin is yours to purchase now in perfect condition from JM Bullion. Coin Hi... Read More

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    2005-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    The American Silver Eagle is the nation’s official silver bullion coin program, which is also struck in proof and burnished versions for collectors and coin exhibitors. The 2005 American Silver Eagle featured a total mintage of 9.7 million coins, with 8.8 million bullion specimens and 816,000 proof specimens. Right now, JM Bullion offers the 2005-W Proof American Silver ... Read More

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    2018-W 1 oz Proof American Silver Eagle NGC PF70 UCAM

    The American Silver Eagle coin from the United States Mint is available each year in bullion, proof, and burnished versions. The former option is the investment-grade version of the coin while the latter two are collectibles aimed at numismatists. The Proof American Silver Eagle is the longest-running collectible coin from the US Mint in this series. Right now, 2018-W 1 oz... Read More

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    2017-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    When it comes to buying silver, collectors the world over look to add the Proof American Silver Eagle coin to their collection. This beautiful silver proof features iconic images of America, from Lady Liberty to the national symbol of the bald eagle. Today, the 2017-W 1 oz Proof American Silver Eagle Coin is available to you online from JM Bullion with perfect certificatio... Read More

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    2014-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    There is no coin in the world more popular than the American Silver Eagle. In 2014 alone, the United States Mint struck and sold a record 44 million coins. Featuring iconic American imagery, the 2014-W American Silver Eagle Proof is now available from JM Bullion. Coin Highlights: Contains 1 oz of .999 pure silver. Carries a face value of $1 (USD) backed by the Uni... Read More

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    2015-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    The American Silver Eagle is the most recognizable coin in the world. Investors and collectors covet these coins for their iconic design, as well as the inherent value of the precious metal in the coin. Today, you can purchase a 2015-W American Silver Eagle coin from JM Bullion. Coin Highlights: A perfect PF70 grade from the Numismatic Guaranty Corporation, which is... Read More

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    2004-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    American Silver Eagle coins are the single most popular silver coins available in the global marketplace today. Struck by the United States Mint in bullion, proof, and burnished versions, the American Silver Eagle has seen record sales numbers over the past several years. Today, JM Bullion offers the 2004 Proof American Silver Eagle for numismatists in perfect condition. ... Read More

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    2020-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    The Proof American Silver Eagle is a highly-coveted collectible bullion coin. Available from the United States Mint and struck every year since 1986, with one exception, the Proof Silver Eagle is a major piece for most silver collectors. Today, 2020-W 1 oz Proof American Silver Eagle Coins in perfect condition are available to you online from JM Bullion. Coin Highlights... Read More

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    2010-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of  849,861 Proof Silver Eagles minted in 2010, only 21,247 have been graded as PF70 UCAM by NGC. This 2010 American Silver Eagle Proof coin has been certified by NGC to be a perfect PF70 grade. With only 849,861 total proof silver eagles minted in 2010, these coins have become extremely popular to both physical silver investors and collectors. Each coin ships in... Read More

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    2016-W 1 oz Proof American Silver Eagle NGC PF70 UCAM

    It’s hard to find a silver coin in the world more popular than the American Silver Eagle. The nation’s official bullion coin program celebrated 30 years in 2016, with the Silver Eagle available as always in bullion, proof, and burnished versions. Right now, the 2016-W 1 oz Proof American Silver Eagle Coin is available to purchase online from JM Bullion with perfect cer... Read More

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    2007-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Proof American Silver Eagle coins are the collector’s version of the nation’s official silver coin program. First introduced in 1986, the Proof American Silver Eagle has been struck by the US Mint every year since then with the exception of one year, 2009. Today, the 2007 Proof American Silver Eagle is available for purchase as a perfect specimen through JM Bullion. ... Read More

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    2003-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    The American Silver Eagle program was introduced by the United States Mint in 1986 as the nation’s official silver bullion coin series. Originally available in bullion and proof, the coins are also struck today in a burnished version. While the bullion is aimed at investors, the latter two versions are ideal for numismatists. Right now, the 2003 Proof American Silver Eag... Read More

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    2016-W 1 oz Proof American Silver Eagle NGC PF70 UCAM ER

    Proof American Silver Eagle coins are just one piece in a massive series of bullion and collectible coins issued by the US Mint annually. The American Eagle program itself is one of the world's most popular, and the American Silver Eagle is arguably the single most popular coin in the world. Today, the 2016 Proof American Silver Eagle Coin is available with perfect certifi... Read More

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    2020-W 1 oz Proof American Silver Eagle NGC PF70 UCAM ER

    The 2020 release of 1 oz Proof American Silver Eagle coins from the United States Mint marks 34 years of availability for the nation’s official silver bullion coin series. Certified versions of the Proof American Silver Eagle have been graded for visual brilliance and condition of the strike and fields. Right now, 2020-W 1 oz Proof American Silver Eagle Coins are availab... Read More

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    2020-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM FDOI

    The 2020 release of Proof American Silver Eagles was the last year in which the Silver Eagles were available all year with the original design combinations. The collectible silver coins remain immensely popular with collectors each year and had a mintage in 2020 in excess of 350,000 coins. Today, 2020-W 1 oz Proof American Silver Eagle Coins in perfect condition are availa... Read More

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    2002-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    With its American symbolism and simple beauty, the American silver eagle coin has been a favorite among coin collectors and silver bullion investors since it was first produced in 1986. Today, the silver eagle is the most popular silver coin in the world and these coins see a steady stream of demand. Coin Highlights: Only 647,342 silver eagle proof coins were minte... Read More

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    2001-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of  746,398 Proof Silver Eagles minted in 2001, only 3,673 have been graded as PF70 UCAM by NGC. This 2001 American Silver Eagle Proof coin has been certified by NGC to be a perfect PF70 grade. With only 746,398 total proof silver eagles minted in 2001, these coins have become extremely popular to both physical silver investors and collectors. Each coin ships in... Read More

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    2021-W 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM ER (Type 1)

    There are several options available to fans of the American Silver Eagle Series when buying silver from the US Mint. The coins can be purchased in BU, Proof, and Burnished versions as released by the mint, in gilded and colorized versions enhanced by third-party dealers, or as certified coins that have been graded by the NGC or PCGS. Now, 2021-W 1 oz Proof American Silver ... Read More

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    2012-S 1 oz American Silver Eagle Coin NGC PF70 UCAM

    Customers please note - there were a few variations of labels for this year, and as such, we cannot guarantee which San Francisco label you will receive. Your coin is guaranteed to be a 2012-S NGC PF70 Silver Eagle. This American Silver Eagle was struck at the US Mint's San Francisco branch in 2012 and has been assessed by the NGC as being a perfect PF70 with an Ultra C... Read More

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    1990-S 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Demand for Proof American Silver Eagle coins was still strong in the early years of availability, and the relatively high mintage figures for the fifth release in 1990 was proof positive of the stability of the Silver Eagle coin among collectors. Today, the 1990-S 1 oz Proof American Silver Eagle Coin is available to you online from JM Bullion with perfect certification fr... Read More

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    1998-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of  450,000 Proof Silver Eagles minted in 1998, only 1,147 have been graded as PF70 UCAM by NGC. This 1998 American Silver Eagle Proof coin has been certified by NGC to be a perfect PF70 grade. With only 450,000 total proof silver eagles minted in 1998, these coins have become extremely popular to both physical silver investors and collectors. Each coin ships in ... Read More

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    2000-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of  600,000 Proof Silver Eagles minted in 2000, only 1,935 have been graded as PF70 UCAM by NGC. This 2000 American Silver Eagle Proof coin has been certified by NGC to be a perfect PF70 grade. With only 600,000 total proof silver eagles minted in 2000, these coins have become extremely popular to both physical silver investors and collectors. Each coin ships in ... Read More

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    1989-S 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of the 617,694 Proof Silver Eagles minted in 1989, only 940 have been graded as PF70 UCAM by NGC. Early in the history of the American Silver Eagle program, the coins were not nearly as popular as they are today. While the US Mint is currently in the midst of record demand, the 1980s was a time of lower demand. The 1989-S Proof American Silver Eagle coin is availab... Read More

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    1999-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of  549,796 Proof Silver Eagles minted in 1999, only 685 have been graded as PF70 UCAM by NGC. This 1999 American Silver Eagle Proof coin has been certified by NGC to be a perfect PF70 grade. With only 549,796 total proof silver eagles minted in 1999, these coins have become extremely popular to both physical silver investors and collectors. Each coin ships in br... Read More

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    2006-P 1 oz Reverse Proof American Silver Eagle Coin NGC PF70 20th Anniversary

    This 2006 American Silver Eagle Reverse Proof Coin is part of a unique collection that was produced by the Philadelphia branch of the US Mint. Each 1 oz coin has been struck from an impressive 99.9% pure silver and possesses a face value of $1 USD. All coins featured in this collection have been certified with a perfect grade of PF (Proof) 70 by the NGC (Numismatic Gaurant... Read More

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    1992-S 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of the 498,654 Proof Silver Eagles minted in 1992, only 815 have been graded as PF70 UCAM by NGC. This 1992 American Silver Eagle Proof was struck in San Francisco and has been certified by NGC to be a perfect PF70 grade. With only 498,654 total proofs minted in 1992, these coins are highly sought after by both investors and collectors. Each coin ships fully insure... Read More

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    1986-S 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of the 1,446,778 Proof Silver Eagles minted in 1986, only 1,260 have been graded as PF70 UCAM by NGC. This 1986 American Silver Eagle Proof was struck in San Francisco and has been certified by NGC to be a perfect PF70 grade. With 1986 being the first year the Silver Eagle was ever produced and only 1,446,778 total proofs minted, these coins are highly sought after... Read More

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    1991-S 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Few collector’s coins are as popular as the Proof American Silver Eagle. The Silver Eagle is part of the larger American Eagle collection of bullion coins from the United States Mint. These stunning coins are available annually in gold, silver, and platinum, with a palladium coin entering the collection in 2017. Right now, the 1991-W 1 oz Proof American Silver Eagle is a... Read More

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    2021-W 1 oz Proof American Silver Eagle 35th Anniversary Congratulations Coin Set NGC PF70 UCAM First Release (Type 1)

    The 35th Anniversary of the American Silver Eagle arrived in 2021. The coin series has been issued annually in the BU Series since 1986 and each year, with the exception of 2009, in the Proof Series. The Proof Silver Eagle is available in limited mintages each year, with even smaller allotments available in the Congratulations Set. R... Read More

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    1996-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of  500,000 Proof Silver Eagles minted in 1996, only 537 have been graded as PF70 UCAM by NGC. This 1996 American Silver Eagle Proof coin has been certified by NGC to be a perfect PF70 grade. With only 500,000 total proof silver eagles minted in 1996, these coins have become extremely popular to both physical silver investors and collectors. Each coin ships in bran... Read More

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    1988-S 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of the 557,370 Proof Silver Eagles minted in 1988, only 533 have been graded as PF70 UCAM by NGC. This 1988 American Silver Eagle Proof was struck in San Francisco and has been certified by NGC to be a perfect PF70 grade. With 1988 being one of the first years the Silver Eagle was ever produced, these coins are highly sought after by both investors and collectors. ... Read More

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    1995-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of the 438,511 Proof Silver Eagles minted in 1995, only 936 have been graded as PF70 UCAM by NGC. The 10th anniversary of the American Silver Eagle coin rolled around in 1995, and occurred at a point in the coin’s program history that saw the lowest mintages in the coin’s 30-year run. The celebration of the American Silver Eagle’s 10th anniversary featured not... Read More

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    1997-P 1 oz Proof American Silver Eagle Coin NGC PF70 UCAM

    Out of  435,368 Proof Silver Eagles minted in 1997, only 537 have been graded as PF70 UCAM by NGC. This 1997 American Silver Eagle Proof coin has been certified by NGC to be a perfect PF70 grade. With only 435,368 total proof silver eagles minted in 1997, these coins have become extremely popular to both physical silver investors and collectors. Each coin ships in bran... Read More

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    2020-W 1 oz V75 Privy Proof American Silver Eagle Coin NGC PF70 ER

    The United States Mint used the 2020-W Proof American Silver Eagle as a vehicle for honoring the end of World War II 75 years ago. To mark the 75th anniversary, the Proof Silver Eagles were issued with a commemorative mintage featuring a unique privy mark on the obverse field. Now, 2020-W 1 oz V75 Privy Proof American Silver Eagle Coins in perfect condition are available t... Read More

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    2011-P 1 oz Reverse Proof American Silver Eagle Coin NGC PF70 25th Anniversary

    The American Silver Eagle is the world's most popular coin, with 47.3 million sold in 2015 alone. Looking back to 2011, the United States Mint celebrated the 25th anniversary of the American Silver Eagle coin with the release of a brilliant five-coin set that ... Read More

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    2020-W 1 oz V75 Privy Proof American Silver Eagle Coin NGC PF69 ER

    One of the more exciting releases from the United States Mint in 2020 was the commemorative Proof Silver Eagle marking the 75th anniversary of World War II’s conclusion. The beautiful proof specimens feature a unique privy mark on the obverse field with an h... Read More

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    Proof NGC Graded American Silver Eagle Coins

    With more than 47 million coins sold in 2015 alone, the American Silver Eagle is the most popular coin in the world right now. Investors and collectors alike flock to this coin from the United States Mint because its metal content and purity are guaranteed by the federal government of the US. Introduced in 1986, the American Silver Eagle coin is available in a total of three different versions ranging from the bullion and proof (since 1986), and the burnished version of the coin (since 2006).

    For those numismatists who love to collect silver coins, the Proof American Silver Eagle coin is an excellent cornerstone piece of any personal collection. The difference between bullion and proof coins is significant when it comes to the inherent value of the coin itself. All American Silver Eagle coins, regardless of style and finish, bear a face value of $1 (USD) issued by the United States government.

    However, the Proof American Silver Eagle coin has a greater value than even its bullion counterpart. All versions of the coin have a value well beyond their face value, holding a value that is in line with the price of silver and based upon the purity and metal content of the coin. For the Proof American Silver Eagle, value can soar well beyond even the bullion version with certification from one of the nation’s, and world’s, two most respected certification companies.

    The Numismatic Guaranty Corporation, or simply the NGC, is an American company that serves as one of the top third-party certification services. For rare coin collectors and proof coin collectors, a grade from the NGC can greatly enhance the value of their Proof NGC Certified American Silver Eagle coins.

    Background on the Numismatic Guaranty Corporation

    The Numismatic Guaranty Corporation, or NGC for short, was founded in 1987 as a third-party coin grading service that is independent of any private or sovereign mint. Currently, the NGC employs 30 full-time coin certifiers who are prohibited by contract from buying or selling coins commercially to ensure they remain impartial graders of coins.

    Prior to the formation of the Numismatic Guaranty Corporation (NGC), and its counterpart the Professional Coin Grading Service (PCGS), in the United States, the valuation and grading of historic and modern coins was very difficult. Physical condition of the coin is always used as the primary baseline in assessing the value of any collectible coin.

    Dr. Willian Herbert Sheldon invented a rudimentary scale for grading coins in 1949. Early on, there were just three broad categories into which coins were classified, and these included the following:

    • Good: to qualify, these coins had to maintain most of the details of the design intact.
    • Fine: to qualify, these coins had to exhibit clear detail and some of its luster on the surfaces.
    • Uncirculated: to qualify, these coins should never have been in general circulation and still exhibit their full mint state condition.

    However, it was quickly discovered that even two Fine coins could have subtle differences that weren’t enough to separate them to Good or Uncirculated. How was the world to determine the difference in value between two coins of Fine condition with minor differences? The Sheldon Numeric Scale grew to feature grades from 1 to 70, with 70 being the highest possible grade and representing a perfect specimen with no flaws.

    Today, the Sheldon Scale is divided into three broad categories with room for enhancement based upon the specific certification number. For example, the scale now includes the following categories and positions on the grading scale:

    • Circulated 1-45: These coins were issued for public use, typically as currency.
    • About Uncirculated 50-59: Coins that were never issued to the public, but may show evidence of wear and tear. Therefore, these cannot be considered mint state.
    • Uncirculated 60-70: Coins in this range never entered public circulation and retain many of the original characteristics of the mint. Often classified as Mint State.

    The general purpose of the Sheldon Scale is to help differentiate between two of the same coin with slight variations in quality. Most of these variations are only spotted by trained professionals working for the PCGS, NGC, or other certification companies. The thought process involved in the grading scale, in a broad sense, dictates that a graded 70 coin is 70 times more valuable than one graded 1.

    Common NGC Grading Terms

    A full listing of NGC numeric grades is available here, but the most common Proof NGC Certified American Silver Eagle coins have the grades of PF 70 and PF 69. These grades identify coins as follows:

    • PF 70: These coins are considered perfect specimens with no post-production imperfections when viewed under 5x magnification, and include their full, original mint luster.
    • PF 69: These are considered near-perfect coins with nearly imperceptible imperfections. Though they maintain full, original mint luster, there are a maximum of two minor imperfections on the coin such as miniscule hairlines.

    Additionally, the NGC uses a handful of other certification and designation terms for its NGC Certified American Silver Eagle coins that identify special visual characteristics or unique designations in production. These include the following:

    • UCAM: Ultra-cameo applies only to PF strike coins that feature a deeply-mirrored, clear background field and a heavily frosted design set on both sides of the coin. The contrast creates the visualization that the design is floating above the coin’s surface.
    • Early Release: The NGC applies this designation to coins received for certification within the first 30 days of the release date set by the offering mint.
    • First Day: Another designation that applies to coins received for certification within one day of the release date set by the mint, and must arrive in sealed packaging at the NGC or an approved NGC depository.

    The NGC Process of Certification

    When you see Proof NGC Certified American Silver Eagles in the JM Bullion catalog, you are viewing and considering for purchase coins that have gone through an extensive and highly regarding grading process. There is a general three-step process included in the NGC grading process, and are broken down into the following categories:

    • Receiving Coins: The NGC’s receiving department accepts coins from authorized dealers and collectors alike, and opens new shipments every morning. These coins are verified by number according to the packaging invoices, and then a detailed comparison process takes place to ensure the date marks, denominations, and mint marks match up to the actual coins.
    • Grading Coins: The NGC uses a collaborative team effort to grade each of the coins it receives. Coins that include various designations are examined by NGC numismatists who specialize in those various attributions and designations. Each is compared individual against published references, and appropriate descriptions and numbers are added to the record as necessary. From there, at least two numismatists grade every coin, and when necessary supplemental information is added to provide the most thorough description of the coin’s condition.
    • Encapsulation Process: After coins are graded by the NGC, all certified coins are taken to the encapsulation department where labels are printed to identify the condition and designation of each coin, and the product is encapsulated in a transparent plastic shell to protect the condition of the coin for decades to come.

    Proof American Silver Eagle Design Background

    When the United States Mint introduced the American Silver Eagle coin in 1986, the mint dug into its archives to revitalize one of the nation’s most beloved images. Adolph A. Weinman was the artist and engraver behind the design known as Walking Liberty. Originally used on the Walking Liberty Half Dollar coin from 1916 to 1947, the image of Liberty features her full-length figure as she walks toward the setting sun with her right hand outstretched.

    The Walking Liberty design is meant to depict the American drive to find a brighter future at all times. Liberty’s image is surrounded by engravings that include the word “”Liberty”” and the individual coins year of issue in the Proof American Silver Eagle coin series. Weinman’s image lives on to this day, and is considered by many to be the second greatest design ever behind only the Liberty image from Augustus Saint-Gaudens.

    For the reverse side of the American Silver Eagle, the US Mint turned to Chief Engraver of the US Mint John Mercanti. He served in the role from 1986 until 2010 when he retired, and it was his job to modernize and revive the heraldic eagle of the United States. The design has been used by the US Mint since 1794, and Mercanti’s design has been fully modernized. The American bald eagle sits behind the nation’s heraldic shield. In its talons it clutches the arrows of war and the olive branch of peace. Above its head, 13 stars arranged in a triangular formation represent the original colonies of the US.

    Since the American Silver Eagle was introduced in 1986, these images have remained unchanged on the obverse and reverse of the coins. All coins in the Silver Eagle program, including the Proof NGC Certified American Silver Eagle, feature these images.

    Mint Marks and Dates for Proof American Silver Eagle Coins

    As you browse our online catalog of Proof NGC Certified American Silver Eagle coins you’ll find that the date marks on these coins differ based upon the year of issue. When the American Silver Eagle program debuted in 1986, both bullion and proof coins were struck at the San Francisco Mint.

    This remained the case for the Proof American Silver Eagle until 1992, at which point the production of the proof coins was shifted to the Philadelphia Mint from 1993 to 2000. Since 2001, Proof American Silver Eagle coins have been struck by the US Mint’s West Point Mint facility. The only year in which no proof versions of the coin were struck was 2009.

    With the Great Recession taking hold in 2008 and global economies crashing, investors turned to the steadiness of silver and gold precious metals. This increased demand for the American Silver Eagle drove bullion coin demand through the roof and forced the US Mint to suspend the production of Proof American Silver Eagle coins. A shortage in the silver supply also contributed to the suspension of the proof series.

    Purchasing Your NGC Certified Proof American Silver Eagles from JM Bullion

    If you have any questions about the Certified Proof Silver Eagles, JM Bullion customer service is here to get you those answers. You can call us on the phone at 800-276-6508, chat with us live online, or simply send us an email with your inquiries. Our Payment Methods FAQ is also available to you to help answer simple questions regarding acceptable payment methods and applicable purchasing minimums.