American Silver Eagle (Proof)

Brief Description

The coin seen is the reverse (eagle side) of a 2008-W American Silver Eagle in Proof condition, graded PR69DCA by PCGS. The reverse features a heraldic eagle with a shield, holding an olive branch in its right talon and arrows in its left. Above the eagle are thirteen stars, representing the original colonies. The inscriptions include 'UNITED STATES OF AMERICA', '1 OZ. FINE SILVER', and 'ONE DOLLAR'. The 'W' mint mark indicates it was minted at the West Point Mint. The 'Reagan Legacy Series' on the slab refers to a special designation related to the sale or collection of the coin.

Historical Significance

The American Silver Eagle is the official silver bullion coin of the United States. Its production began in 1986 under the Liberty Coin Act of 1985. The obverse features Adolph A. Weinman's 'Walking Liberty' design, originally used on the half dollar from 1916 to 1947, while the reverse features John Mercanti's heraldic eagle. The Proof version, like the one shown, is struck multiple times with specially prepared dies to achieve a mirrored field and frosted devices, making it highly prized by collectors. The 2008-W is a regular issue proof for that year. The 'Reagan Legacy Series' is a designation from a specific retailer or collection, not an official mint designation, and often relates to coins acquired during the Reagan administration or special commemorative sets.

Estimated Value

The estimated value for a 2008-W American Silver Eagle Proof graded PCGS PR69DCA would typically range from $80 to $150, but can vary based on market demand and the specific 'Reagan Legacy Series' affiliation. Factors like mintage numbers (though not shown, the 2008-W Proof had a mintage of 747,597), precious metal prices (inherent silver value around $25-$30 based on current spot prices as of early 2024), and collector interest in the 'Reagan Legacy Series' can influence the final price.

Care Instructions

This coin is already encapsulated in a professional grading slab by PCGS, which provides excellent protection. It should be stored in a stable environment away from extreme temperatures, humidity, and direct sunlight. Avoid opening the slab, as this would void the grading and could expose the coin to damage. Handle the slab by its edges to prevent fingerprints or smudges on the plastic. Regular dusting with a soft cloth can keep the slab clean. Do not attempt to clean the coin inside the slab.

Created At: 2025-10-24T13:36:35.564776