1997 was the start of a long road back to glory for the Silver American Eagle coin series. While the bullion coins rebounded in 1997, the proof coins sank again in mintage. Overall production was up by 600,000 coins as the Silver American Eagle began a six-year stretch of annual growth in mintage. Today, the 1997-P Proof Silver American Eagle coin is available from Silver.com in perfect condition.
- Only 1,380 coins exist with this certification and condition!
- 12th annual production of Proof Silver American Eagle coins!
- Ships in a plastic slab to protect 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 with a DCAM finish.
- Features Walking Liberty on the obverse.
- Heraldic eagle of the United States on the reverse.
- Bears the “P” mint mark of the Philadelphia Mint.
The 1997 Proof Silver American Eagle had the third lowest mintage in program history at 435,369 coins in total. Of those coins, some 5,000 were included in the Impressions of Liberty Set. This limited-edition set from the United States Mint included three one-ounce coins, available in gold, silver, and platinum.
Impressions of Liberty Coin sets were available in 1997 in celebration of the launch of the US Mint’s all-new Platinum American Eagle coin. Silver price per oz averaged a lower value throughout 1997 than the year before, hovering around $4.91 per ounce on average. However, late in the year the price shot about $6.00 per ounce.
The 1997-P Proof Silver American Eagle coins available in this product listing have PR70 grades from the PCGS. Considered perfect specimens, these coins have full, original luster from the mint and bear no detracting flaws of any kind.
Coins with a DCAM, or deep-cameo, finish are unique. The design set’s frosted finish gives it the appearance of floating above the surface of the coin, which has a deeply-mirrored, clear background field.
The United States Mint produced these coins at the Philadelphia Mint, with a maximum mintage set at 500,000 for the year. As a result of low sales, the US Mint did not achieve a sellout of the Silver American Eagle proof in 1997.
Please direct your questions to a Silver.com associate at 888-989-7223, chat with us online, or send us your questions in an email.