Get ready… One of the most popular U.S. Mint annual products debuts today, Sept. 16. The 2016-W Proof American Silver Eagle goes on sale beginning at noon Eastern Time for $53.95.
Demand for the coin is high every year, but expect extra interest for this one because it serves as a 30th anniversary issue. And to mark the special occasion, it features a smooth edge with "30th ANNIVERSARY" incused in italics.
The lettered edge replaces the standard reeded treatment that has been on American Silver Eagles since their 1986 inaugural release. Congress directed the anniversary inscription as part of the larger FAST Act which was signed into law last year. However, don’t get too used to the new edge. It’s for this year only.
American Silver Eagles are released in proof and uncirculated qualities for collectors and in a bullion edition for investors. They share designs and major specifications, to include size and a composition in 1 oz. of 99.9% pure silver. The uncirculated version, as a collector coin, will also have a smooth edge and anniversary inscription. The U.S. Mint has not announced when it will launch, but did say its price will be $44.95. The bullion edition debuted earlier in the year and has year-to-date sales of 29,850,500. It kept its traditional reeded edge.
For the record, recent proof Silver Eagle annual sales have ranged from about 700,000 to around 900,000 coins.
Those interested in buying a 2016-W 30th Anniversary Proof American Silver Eagle may do so directly from the U.S. Mint by visiting their online ordering page. Orders are also accepted by telephone at 1-800-USA-MINT.
This year’s proof will also be featured within the upcoming 2016 Congratulations Set and 2016 Ronald Reagan Coin & Currency Set.