American Silver Eagle - T1 Emergency Issue

Brief Description

The coin features an iconic bald eagle with outstretched wings on the reverse, holding an olive branch and arrows, with 'UNITED STATES OF AMERICA' and '1 OZ. FINE SILVER - ONE DOLLAR' inscribed around it. The coin is encased in a PCGS holder, graded MS69, and labeled as a '2021-(P) First Day of Issue Silver Eagle - T1 Emergency Issue Struck at Philadelphia, Reagan Legacy Series'.

Historical Significance

The 2021 American Silver Eagle is significant for several reasons. It marks a transition year for the series, as it was the last year the original 'Heraldic Eagle' reverse design (Type 1) was predominantly used before the introduction of a new reverse design in mid-2021. The 'Emergency Issue' designation often refers to coins struck at an alternate or non-standard mint due to extraordinary circumstances (e.g., increased demand or production limitations at the primary mint), in this case, struck at the Philadelphia Mint (P), which typically does not strike bullion Silver Eagles for general distribution. The 'First Day of Issue' and 'Reagan Legacy Series' labels are collector-specific certifications and marketing terms that add to its appeal for specific niches in the numismatic market.

Estimated Value

Valuable as a collectible due to its 'First Day of Issue' designation, PCGS MS69 grade, 'Emergency Issue' status from the Philadelphia Mint, and inclusion in the 'Reagan Legacy Series'. Its value would be significantly higher than its intrinsic silver value, but an exact estimate requires current market research of similar graded and certified coins, typically ranging from $75 to $200+ depending on market demand and specific dealer pricing.

Care Instructions

This coin is already encapsulated in a professional PCGS slab, which provides excellent protection. To maintain its condition and value, avoid removing it from the slab. Store the slabbed coin in a cool, dry place away from direct sunlight, extreme temperatures, and humidity. Handle the slab only by its edges to prevent fingerprints and smudges on the plastic. Do not attempt to clean the coin, as this can severely damage its surface and reduce its numismatic value.

Created At: 2025-10-24T14:24:52.038260