The Silver American Eagle has never maintained an upward trajectory from one year to the next consistently. After six years of growth, 2003 marked a slight retreat in the mintage numbers for the program. On the whole however, the popularity of these coins remained at never-before-seen levels in 2003. The 2003-W Proof Silver American Eagle coin is available for purchase now as a perfect specimen on Silver.com.
- There are 3,241 coins in this condition and grade from the PCGS!
- 18th consecutive year with a Proof Silver American Eagle coin available!
- Ships to you in a protective plastic slab courtesy of the PCGS.
- Consists of one troy ounce of .999 fine silver.
- Issued a face value of $1 (USD) by the United States government.
- Bears a grade of PR70 from the Professional Coin Grading Service.
- Features a DCAM finish.
- Includes the “W” mint mark of the West Point Mint.
As with previous years, the United States Mint set a mintage cap on its proof specimens at 750,000 coins, and would nearly hit that mark in 2003. There were a total of 747,831 2003-W Proof Silver American Eagle coins sold, an improvement of 100,000 coins over the 2002 issue.
For the bullion coins in 2003 however, the story was different. After surpassing 10 million coins for the first time since 1987, sales retreated in 2003 to a level of 8.465 million. Production would remain level over the next two years before experiencing a never-before-seen surge in demand.
Throughout the 2003 calendar year, silver prices maintained an average of $4.88 per ounce, but a spike in value at the end of the year saw prices rise to almost $6.00 per ounce. The increase in proof production in 2003 was the first of four consecutive years of growth for the collector’s version of the coin.
All 2003-W Proof Silver American Eagles in this Silver.com listing have PR70 grades from the PCGS. Coins in this condition exhibit full, original mint luster and lack detracting flaws of any kind. The DCAM designation identifies a coin with contrasting design and background fields. The design sets of this coin have strong, frosted finishes while the background field is deeply-mirrored and clear.
If you have any questions about these or other silver coins, don’t hesitate to reach out to Silver.com at 888-989-7223. You can also contact us online using our live web chat and via our email address.