The 2005 Silver American Eagle coins saw flat and stable production for a third consecutive year as silver prices soared and the American economy showed signs of steady growth following the tumultuous start to the 21st century. Today, the 2005-W Proof Silver American Eagle coin is available from Silver.com with a perfect certification and DCAM designation from the PCGS.
- There are 4,234 coins in this condition from 2005!
- 25th consecutive year of Silver American Eagle production!
- Ships in a plastic slab to ensure the coin’s perfect condition.
- Consists of one troy ounce of .999 fine silver.
- Face value of $1 (USD) is fully backed by the US government.
- Earned a PR70 grade from the Professional Coin Grading Service.
- Available in DCAM finish.
- Features the West Point Mint’s “W” mint mark.
- Bears Walking Liberty on the obverse.
- Heraldic eagle dominates the reverse.
Silver American Eagle production in 2005 was again hovering near 9.5 million for a third straight year. Total production in 2005 was actually the highest during a three year stretch from 2003 to 2005, with the bullion coins remaining relatively flat compared to steady growth of the proof version.
2005 Proof Silver American Eagle coins posted modest growth of 15,000 coins from the previous year, marking three straight years of increasing mintage for the collector’s version of the coin. In fact, with a mintage of 816,663 coins, the 2005 Proof Silver American Eagle was the third highest mintage year to date in the program’s history behind 1986 and 1987.
Silver prices in 2005 helped hold the Silver American Eagle series steady, while preventing growth in demand. The overall average for the price of silver in 2005 was higher at $7.32 per ounce, but varied wildly from its opening price of $6.39 in January, its peak of $9.22, and its year-end close of $8.83.
The 2005 Proof Silver American Eagles available for purchase here today have PR70 grades from the PCGS. Coins with this grade exhibit full, original luster from the mint. You’ll find no detracting flaws on these coins either.
DCAM is a term that refers to proof specimens with contrasting design and background field finishes. The strong, frosted design set appears to float above the coin’s deeply-mirrored, clear background field.
Please direct your questions about these and other silver coins to Silver.com at 888-989-7223. You can also reach us online using our live web chat or email features.