2021-W Proof American Silver Eagle (Type 2) Release

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United States Mint blockbuster issues continue at noon (ET) today with the premiere of the "Type 2" 2021-W Proof American Silver Eagle, which features an enhanced obverse and a completely new reverse.

Type 2 2021-W Proof American Silver Eagle (obverse and reverse)
2021-W Proof American Silver Eagle, Type 2 (obverse and reverse)

Demand is expected to be intense for this collectible which has a product limit of just 300,000 coins and an initial household order limit of three.

The newly-redesigned piece continues the U.S. Mint’s 35-year old program which, up until this point, had showcased the same coin designs since their debut. This includes Adolph A. Weinman’s Walking Liberty design which first appeared on obverses of 1916-1947 half dollars and John M. Mercanti’s heraldic eagle image that originated on reverses of 1986 American Silver Eagles.

A 2021-W Proof Silver Eagle bearing these original classic, "Type 1," designs launched in February. It sold out within minutes.

Classic 2021-W Proof American Silver Eagle (obverse)
A CoinNews photo of a classic “Type 1” 2021-W Proof American Silver Eagle (obverse)
Classic 2021-W Proof American Silver Eagle (reverse)
A CoinNews photo of a classic “Type 1” 2021-W Proof American Silver Eagle (reverse)

An initial release date of July 1st had been planned for the new coin but that was pushed back until today as part of a broader schedule shuffle. The date changes gave the Mint more time to implement website and policy enhancements to deal with BOT traffic issues which customers have experienced while ordering high-demand products.

Refreshed and New Coin Designs

Weinman’s full-length depiction of Liberty wrapped in a flag still graces the newest coin’s obverse. This image, however, was refreshed using technological advancements. The Mint notes that this design is "a closer reflection of Weinman’s original vision and includes the addition of his traditional artist mark." Other inscriptions are traditional and include "LIBERTY," "IN GOD WE TRUST" and "2021.

Type 2 2021-W Proof American Silver Eagle (obverse)
A larger view of the coin’s obverse or heads side

Created by Emily Damstra and sculpted by Michael Gaudioso, the redesigned reverse (tails side) offers the likeness of an eagle as it prepares to land. The eagle is carrying an oak branch as it might be doing to build a nest.

Type 2 2021-W Proof American Silver Eagle (reverse)
A larger view of the coin’s reverse or tails side

"UNITED STATES OF AMERICA," "E PLURIBUS UNUM," "1 OZ. FINE SILVER," and "ONE DOLLAR" are all inscribed on the reverse along with a "W" mintmark indicating that the coin is produced at the U.S. Mint’s facility in West Point.

New Anti-counterfeiting Edge

The newest edition also contains a new reed pattern variation to assist in combating fakes.

Edges of Type 2, 2021 American Silver Eagle bullion coins
This CoinNews photo shows the edges of bullion Type 2 American Silver Eagles. The bullion coins are minted with investors in mind, and were released a few weeks earlier. Notice their anti-counterfeit reeded edge variation. The proof Silver Eagle released today for collectors features the same security feature.

Unchanged, U.S. Mint-provided coin specifications follow.

Proof Silver Eagle Specifications

Denomination: $1
Finish: Proof
Composition: 99.9% Silver
Weight: 1.000 troy oz.
(31.103 grams)
Diameter: 1.598 inches
(40.60 mm)
Edge: Reeded
Mint and Mint Mark: West Point – W
Privy Mark: none

 

Price and Ordering

When released at noon ET, the Type 2, 2021-W Proof American Silver Eagle may be ordered directly from the U.S. Mint via its online page dedicated to American Eagle coins. Pricing is $73 per coin.

Each proof Silver Eagle ships encapsulated within a black presentation box that is adorned with the United States Mint seal. An outer sleeve wraps the box, and it contains an image of the new reverse design. In addition, the coin is accompanied  by a U.S. Mint Certificate of Authenticity that bears an image of the obverse.

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Carl Warren

Kaiser – I’m starting to think there is this huge sign in the Mint’s customer service dept. that says “If you can’t dazzle them with brilliance, baffle them with ,,,,,,,,,”

Rodentman

Collectors don’t need more than one. It’s all driven by greed and avarice, by selfish people and dealers.

Daniel

Sheesh. I too hope that is just a customer service person “thinking” on their feet in order get you off the phone. It is odd to think that because of an inability of their website to handle orders correctly, that their solution would be to stamp more coins and reduce their value. A cynic might think the mint would be happy to take an immediate cash grab at the expense of their customers.

FViia

Since this thread is still going strong now into the 2nd week, I have a question for the group. These coins take up a lot of space. Are you removing the coins and organizing in some way to compact volume, saving boxes somewhere else? Curious to see what others are doing for best practice.

Larry T

FViia, I have a Liberty safe which I store my valuables in so I still have space. I do have certain items still in the shipping boxes (2011 ASE 25th Anniversary sets) and such but most I just organize and stack in their OGP.

Rooster

Larry T: I also have that silver set unopened and in a safe. Thought about opening it because of how large the box is.

Larry T

Rooster, If you ever decide to sell the 2011 set, you’ll get more for it. If someone does want to get them graded, they need to be in the original box to be labeled as the 25th Anniversary Set. I’m sure you are aware of this. By the way, congrats on getting that set in the first place!

Rooster

Larry T: Yes sir. That is what is forcing me to keep it unopened and thanks.

Larry T

Kaiser I have 8 sets in two shipping boxes and will never see a single set unless I get one of the boxes graded. Since some of the coins aren’t unique to the set, they must remain unopened to be graded 25th Anniversary Set coins. Another case where it sucks all because someone would try to rig the game!

Larry T

Kaiser, Yes I don’t worry about anyone walking off with my safe. 800 plus lbs is even more than I can handle! The small safes would be fine for some things, but like you stated, one or two people could just disappear with it. In fact, if you’ve ever watched ‘Animal Kingdom’ Pope has my safe in his garage, although in a different color.

Larry T

Kaiser, I certainly enjoy your sense of humor! I don’t think anyone would “walk off” with those items in it (and I sure wish they were) but a high end professional safe cracker would probably not have much of a problem. Fortunately I don’t think I’m on any of their radar screens! You say you have yours in shoe boxes. I hope they aren’t tennis shoe boxes, people pay big bucks for vintage tennis shoes. If I were a thief, that’s the first thing I’d be looking for!

Carl Warren

FVilla,

A number of years ago, I bought a number of the Mint storage boxes for my proof sets. Unfortunately, I had to sell the proof sets about 10 years ago, but kept the boxes.

that’s what I’m using to store all my OGP items today.

Daniel

Best practice? Don’t look to me for best practice. The only difference between a hoarder and myself, is I don’t have newspapers stacked up.

ECBF6C99-4704-470F-97C0-68C364532082.jpeg
Rich

Sir Kaiser et. al., here are the US Mint 2021-W (Type 1 and Type 2), 2020-W, and 2019-W Proof Silver Eagle mintage limit, product limit, and sales figures (as of July 18, 2021) – 2019: mintage limit = none; product limit = none; sales = 375,180 2020: mintage limit = none; product limit = none; sales = 381,112 2021 (Type 1): mintage limit = none; product limit = 327,400; sales = 326,961 2021 (Type 2): mintage limit = none; product limit = 300,000; sales = NA Hope this information is helpful. I don’t think the Mint can produce more than… Read more »

Rich

Sir Kaiser, this is a striking development, as the mint reported yesterday (7/27/21): “The latest United States Mint stats show sales of the 2021-W Proof American Silver Eagle (Type 2) at 384,532 coins” for sales data as of 7/25/21. I will join you on Mike Unser’s latest Mint Sales report just posted today (7/28/21) to discuss further

Rooster

Rich: That number is adding up product 21EAN and 21EAN40. Do you know what 21EAN40 represent? Guessing it may be a 40 count tube. Thanks!

Rooster

Just read the Mike Unser post which clarified this. Bulk dealers.

Rooster

From the mints webpage as of 7/25/21. Product 21EAN had sold 298852.

LightsOut

I’m surprised no one has mentioned that the US Mint has eliminated the hinged clamshell case for this release with no reduction in price.

Mjs1447

Mine are still waiting to be picked up by the USPS.

jblank83

Well, after contacting the Mint customer service asking why my enrollment for the 2021 W proof ASE was reduced from 3 coins to 2, I was told the issue was passed on to someone higher up to look into, and when they reached a resolution, they would contact me. As I expected, I heard nothing more from the Mint. I did receive 2 Eagles, but no answer as to why I only received 2 coins when my enrollment was for 3. And if that wasn’t bad enough, today I once again received an email from the Mint, suggesting I verify… Read more »

Barry Lichvar

Well the mint is jamming me.I was in the enrollment program for 1 coin .My order was confirmed and now it’s canceled..Cr. card good till 25 so how do you explain that…

Carl

I reported earlier that my enrollments for SAE vanished, I have called customer service and they were to pass the information along and I would hear from them. That hasn’t happened nor do I expect to get any information as to why the enrollments vanished. Now here is something else that they have done to my enrollment for the S mint Mark coming out September 12, the status was updated to inactive twice so watch out for this if you have enrollments.

Carl

The S mint mark comes out August 12 its the uncircumcised that comes out in September.

Peter Gordon

Did you see the latest from Mezack on HSN last night? He was hawking for $380 two 2021 ASE bullion coins, one type 1 and one type 2. The hook was exacerbated by the US Mint and NGC. Supposedly the Mint set aside 4 green boxes of the type 1 (supposedly the last 4 boxes) and 4 green boxes of the type 2 (supposedly the first 4 boxes), and NGC created a label identifying them by the first and last boxes with pictures of two green boxes on the core. What made them especially “rare” according to Mezack was these… Read more »

Last edited 2 years ago by Peter Gordon
Gary Elias

Type 2 Silver Eagle I want to share that the 2021 silver eagles have a flaw or defects in them. If you look at your 2021 eagle closely , the flag on lady liberty has a defect in it, it is the tip that is closest to the shortest sun ray, count the sun ray from left to right number 8. the flag is not smooth the seams are broken. compare it with the older eagles. They also change the letter U. look at it, it is the one that says, In God we Trust. compare it with the old… Read more »

MarkeyD

Hi, I am trying to find the mintage for the 2021 1/2 oz Gold Eagle Type 2. I can’t seem to find it anywhere so I’d appreciate any help. Cheers!

Last edited 1 year ago by MarkeyD
Jerome

Interesting…I was at a currency exchange last week. They had Silver Eagles for sale. I bought one mint tube of 20. Four of the Eagles (2021) had the (W) mint mark on them with the anti-counterfeit reeded edge variation as shown in this article.