The Silver American Eagles from the United States Mint experienced a significant spike in demand in March 2020 that led to an emergency issue of coins from the Philadelphia Mint. The 2020 Silver American Eagle became so popular during a global pandemic and stock market crisis that the West Point Mint sold out of on-hand 2020 coins. Today, 2020 (P) 1 oz Silver American Eagles in perfect condition are available to you online at Silver.com.
- Available to you inside of a PCGS protective plastic slab!
- 35th release of Silver American Eagles!
- Availability of certified coins is limited!
- Consists of One Troy ounce of .999 fine silver.
- The face value of $1 (USD) is fully backed by the US government.
- Graded Mint State 70 by the Professional Coin Grading Service.
- Features a First Strike label.
- On the obverse is Walking Liberty.
- The reverse includes the heraldic eagle of the United States.
- Emergency Issue coins from the Philadelphia Mint.
The global pandemic caused by the coronavirus led to a sharp downturn in global stock markets. When this occurred, investors began flocking to gold and silver bullion. The result was an announced sellout of 2020 Silver Eagles at the West Point Mint. This was followed by staffing reductions at the mint to protect employees and then a seven-day closure of the mint. Between April 8 and April 20, 2020, the Philadelphia Mint provided the emergency production capacity needed to keep up with demand.
All of these 2020 (P) 1 oz Silver American Eagles are available to you in perfect condition from the PCGS. Coins in Mint State 70 condition have full, original mint luster and no detracting flaws of any kind on the design elements or surface areas of the coin. The included First Strike designation refers to the arrival of the coins for certification. In this case, the coins were received for grading within the first 30 days of release from the United States Mint.
On the obverse side of each 2020 (P) 1 oz Silver American Eagle is the image of Walking Liberty. Designed in 1916, this image captures Liberty walking toward the sun on the horizon as it crests a mountain peak. She carries the branches of oak and laurel in one hand as the American flag is draped over her shoulders.
The reverse face of 2020 (P) 1 oz Silver Eagles bears the image of the heraldic eagle of the United States. John Mercanti developed this depiction of the modern heraldic eagle in 1986 for the debut of the Silver American Eagles. The design features the American bald eagle in front-facing relief with the US national shield on its chest, arrows of war in one talon, and the olive branch of peace in the other.
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