-40%

2016 W (2020) Proof Silver Eagle PCGS PR70 DCAM West Point Mint Hoard

$ 84.45

Availability: 98 in stock

Description

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2016 W (2020) Proof Silver Eagle PCGS PR70 DCAM
West Point Mint Hoard
Click to Enlarge the Images Below
Product specifics
Year of Issue:
2016
Mint Location:
West Point
Mint Mark:
W
Type
Silver Eagle
Strike Type
Proof
Certification
PCGS
Grade:
PR70 DCAM
PCGS Population:
200
Pedigree
2020 West Point
Mint Hoard
Composition:
.999 Silver
Weight
1oz
Denomination:

product Description
First issued in 1986 the American Silver Eagle has become far and away the most collected modern silver coin in the World! Each Silver Eagle is struck from 1oz of .999 fine silver. The obverse design features a modern rendition of Adolph A. Weinman's classic Lady Liberty and the reverse features a heraldic eagle with a shield. The reverse was designed by legendary coin designer and the 12th Chief Engraver of the U.S. Mint John Mercanti!!
Early in June of 2020 a U.S. Mint audit discovered an unsold hoard of Gold, Platinum and Silver Eagles. Among this discovery was a limited number of 2016 30th Anniversary Lettered Edge Proof Silver Eagles! Typically when a hoard like this is found by the mint the coins are simply melted and the packaging destroyed in a process that's called de-trashing. However, due to what appears to be a change in policy the U.S. mint decided to auction these discovered coins to a very select group of dealers. The significance of this event along with last year's West Point Mint Hoard discovery has not gone unnoticed by the major grading companies as both NGC & PCGS have created special designations for the American Eagles discovered in these hoards just as they did for the GSA Morgan's nearly 50 years ago!
Now, due to our connections in the industry, we have been able to acquire a limited number of these 2016 W Proof Silver Eagles from the (2020) West Point Mint Hoard! The Silver Eagles discovered in this hoard are sure to be sought after by collectors once this discovery becomes more known to the public.
This 2016 W Proof Silver Eagle was discovered in the (2020) West Point Mint Hoard and has been certified a perfect PR70 DCAM by PCGS!! According to PCGS this exclusive pedigree has a population of ONLY 200!!
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