2001-W American Silver Eagle Proof

The American Silver Eagle is the most widely traded silver bullion coin in the world. Adding a 2001 Silver Eagle Proof to your coin collection is a sound move as these coins have only become more sought after with time. This coin is graded by the world-renowned PCGS and carries a grading of PR70 DCAM. 

History of the American Silver Eagle

The American silver eagle and american gold eagle coins have been the official bullion of the United States since 1986. Congress approved the production and design of the coins in 1985 and the mint started producing the investment coins in 1986. The proof coins are designed for collectors and a limited number of these coins are produced each which adds to their numerical value. Each coin features the iconic image of Lady Liberty striding across a sunrise landscape. The image is considered a symbol of American freedom and it was originally used on the Walking Liberty half dollar which was minted from 1916 to 1947. 

Design of the 2001 American Silver Eagle

The obverse of the coin features an image of Lady Liberty with a US flag draped across her shoulders. The image is considered to symbolize the history and freedom of the United States as she strides towards the future. The flag is a symbol of the safety and protection offered by America. This image was created by Adolf Weinman. The reverse features a modern version of the Heraldic Eagle that was created by the Chief Engraver of the Mint, John Mercanti. Each coin weighs one Troy ounce, has a reeded edge, a diameter of 40.6mm, and a thickness of 2.98mm. The coin is struck with 0.999% silver.

Silver Eagle Value and Mintage

The 2001-W American Silver Eagle Proof in graded PR70 condition is valued at around $150. In 2001, 746,398 silver eagle proofs were minted at West Point Mint. Only a couple thousand of these coins have graded in perfect grade 70 to date.