2003-W 1 oz Silver Eagle NGC PF69 Ultra Cameo

The United States Mint released its first silver bullion coins in both gold and silver. These coins were a tremendous success both domestically and internationally.  

The US Mint chose a proven design to adorn the obverse. The Mint chose to reproduce the Adolph Weinman ‘Walking Liberty’ design. It was first used in 1916 through 1947 on the Walking Liberty half dollar series.   

The Walking Liberty design uses a representation of Miss Liberty, walking to the left. Her right hand is extended and her left arm cradles olive branches. There is a radiant sun rising behind her. She is wearing flowing robes and an American flag. On the upper periphery is the word “LIBERTY,” while the motto “IN GOD WE TRUST,” is in the right field. The current year of striking is below her.  

The reverse design was created by the Chief Engraver, John Mercanti. The design was called the Heraldic Eagle design. The eagle is in the center,  and it has upward, outstretched wings. A shield covered its body, and it held arrows in one talon and olive branches in the other. Above the eagle, are 13 five-pointed stars. The upper periphery had ”UNITED STATES OF AMERICA,” across the top and “1 OZ. FINE SILVER – ONE DOLLAR,” across the bottom.  

This coin is a 2003-W American Silver Eagle, graded as “PROOF 69, ULTRA CAMEO,” by the Numismatic Guaranty Corporation (NGC). The ‘Proof 69’ grade means its 1 point shy of perfection while the ‘Ultra Cameo’ designation means there is great contrast between the fields and the frosted devices. The coin has the “W” mintmark, indicating that it was struck at the West Point minting facility. NGC is a major independent, third-party grading service, which is respected worldwide. NGC has graded many millions of coins.  

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