This year marks the 25th anniversary of the American Silver Eagle and to celebrate the United States Mint announced it will commemorate it with an American Eagle 25th Anniversary Silver Coin Set.
The news came from US Mint Deputy Director Richard A. Peterson on Friday during a coin forum held at the American Numismatic Association’s World’s Fair of Money® near Chicago. The set is sure to be a popular hit and will launch sometime in October. Its price will not be known until shortly before the release, which is most likely due to this year’s volitle prices of the precious metals market.
The American Eagle 25th Anniversary Silver Coin Set will be comprised of five one ounce .999 fine silver coins with varing collector finishes from three different mint facilities. Two of the five coins are unique to this anniversary set. The five coins are:
- proof Silver Eagle from West Point
- uncirculated Silver Eagle from West Point
- uncirculated Silver Eagle from San Francisco
- reverse proof Silver Eagle from Philadelphia
- bullion Silver Eagle
The coins will bear their respective mint mark on the reverse side except for the bullion strike, which is not produced with a mint mark. A Certificate of Authenticity is included with the set which ships within a specially designed U.S. Mint presentation case.
For many, the designs on the American Silver Eagle are believed to be some of the most beautiful among U.S. coinage, and have remained the same since the series began in 1986. The obverse features Adolph A. Weinman’s "Walking Liberty" that was used on the half dollar between 1916 and 1947. The reverse by John Mercanti portrays a heraldic eagle with shield and is said to symbolize the nation’s strength and endurance.
Sales for the unique set are expected to be hot and furious. So far this year, the Mint has sold 679,347 proof Silver Eagle from West Point as of Monday, August 15 and 27,406,000 bullion Silver Eagles from West Point and San Francisco as of Friday, August 19.
According to the Mint, collectors may order up to 5 units per household of the Silver Eagles upon release as it only intends to produce 100,000 of them. For more information, the United States Mint’s press release regarding the announcement for the American Eagle 25th Anniversary Silver Coin Set follows.
US Mint Announces Plans to Issue American Eagle 25th Anniversary Silver Coin Set
WASHINGTON -United States Mint Deputy Director Richard A. Peterson today announced plans to issue a limited-edition five-coin set to commemorate the 25th anniversary of the popular American Eagle Coin Program. Peterson made the announcement at a coin forum held at the American Numismatic Association’s World’s Fair of Money® near Chicago.
The United States Mint American Eagle 25th Anniversary Silver Coin Set will include five one-ounce American Eagle Silver Coins:
* one proof coin from the United States Mint at West Point
* one uncirculated coin from the United States Mint at West Point
* one uncirculated coin from the United States Mint at San Francisco
* one reverse proof coin (frosted background with polished, mirror-like design elements/foreground) from the United States Mint at Philadelphia
* one bullion coin
All five coins will be mounted in one custom-designed, highly polished, lacquered hardwood presentation case accompanied by a Certificate of Authenticity. The United States Mint plans to produce up to 100,000 American Eagle 25th Anniversary Silver Coin Sets with a household order limit of 5 sets in effect. The United States Mint expects to begin accepting orders in late October. A price has not been set. As with all products containing precious metals, pricing will be set as close as possible to the release date and is subject to change throughout the life of the program.
The United States Mint introduced the American Eagle Silver and Gold Programs in 1986. The obverse (heads side) design of the silver coins features a modern rendition of famed sculptor Adolph A. Weinman’s Walking Liberty. The Walking Liberty design was originally prepared and executed for the circulating half-dollar in 1916. The reverse (tails) design, by former United States Mint Sculptor-Engraver John Mercanti, features the heraldic eagle with shield, an olive branch in the right talon and arrows in the left.
About U.S. Mint
The United States Mint, created by Congress in 1792, is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.