After a decade of unprecedented growth, the Silver American Eagle was set to soar to new heights in 2010. Adding to the highest mintage levels in history to date, the 2010 issue year was special for the Silver American Eagle because it meant the return of the Proof Silver American Eagle coin. Right now, the 2010-W Proof Silver American Eagle is available on Silver.com.
- Proof mintage of 849,861 coins in 2010!
- First release following 2009 halt in production!
- Arrives in a commemorative box and features a Certificate of Authenticity.
- Consists of one troy ounce of .999 fine silver.
- Bears a $1 (USD) face value backed by the federal government.
- Issued with a “W” mint mark from the West Point Mint.
The onset of the Great Recession in 2008 rattled the American economy to its core. As a result, demand for bullion Silver American Eagle coins skyrocketed in 2008 and 2009, and the US Mint was struggling to keep up with this never-before-seen demand for silver.
As a result, the proof and burnished versions of the Silver American Eagle were not produced in 2009. However, after just one year on the sidelines, the Proof Silver American Eagle returned with one of the highest mintage levels in program history. The total of 849,000 Proof Silver American Eagles remains one of the six highest mintages since 1986.
In 2010, Congress passed the Coin Modernization, Oversight, and Continuity Act. The bill allowed the Secretary of Treasury to authorize the US Mint to produce both gold and Silver American Eagle coins to meet the demand of investors and collectors.
On the obverse face of all Silver American Eagle coins is the image of Walking Liberty. The design came from Adolph A. Weinman in 1916, and was used as the face of the nation’s half-dollar coin from 1916 to 1947.
The reverse face of the Silver American Eagle features the heraldic eagle of the United States. This image was originally used on American currency starting in 1793, and has appeared in varying forms since then. John Mercanti, then-Chief Engraver of the US Mint, modernized the heraldic eagle for this coin series.
If you have any questions, please feel free to reach out to Silver.com. Our associates are available on the phone at 888-989-7223, online using our hosted live web chat, and via our email address.