2012-W 1 oz Silver Eagle NGC PF69 Ultra Cameo

The American Silver Eagle billion coin program started in 1986 and it is even more popular today than it ever was. It was a great success when it started, and it has only continued to grow. It is popular in the United States and around the world. The coins are struck in limited mintages, especially the proof coins, and each American Silver Eagle bullion coin contains One Troy Ounce of .999 Fine Silver. 

The finish of the Proof and Uncirculated Silver Eagle bullion differs from one another. The Proof coins display exceptional detail and have mirrored fields and frosted devices whereas the Uncirculated coins are simply either brilliant all over or satiny all over. Both are offered on an annual basis.  

The design used on the obverse of the American Silver eagle bullion coin was originally created by Adolph Weinman and was used on the 1916 to 1947 Walking Liberty half dollars. This design depicts an allegorical representation of Miss Liberty. She is walking to her left. Her right hand is outstretched in friendship. Her left arm cradles a bundle of olive branches.  

On the obverse, the word “LIBERTY,” appears on the upper periphery. On the right field is the phrase “IN GOD WE TRUST,” while underneath Miss Liberty is the date of striking of the coin.  

The reverse utilizes John Mercanti’s version of the Heraldic Eagle design which uses an American Eagle in the center, with outstretched wings upward. There are 13 stars arranged above the eagle and in one talon are arrows and in the other talon are olive branches. 

 Around the upper periphery is “UNITED STATES OF AMERICA,” and on the lower periphery is “1 OZ. FINE SILVER – ONE DOLLAR.” 

This coin is a 2010-W American Silver Eagle is a Proof coin, and the “W” mintmark indicates that it was struck at the West Point minting facility out of .999 Fine Silver. It has been graded as ‘Proof 69, Ultra Cameo,’ by the Numismatic Guaranty Corporation (NGC). NGC is a major, third-party grading service. Its opinions of grade are well-respected worldwide.  

The  ‘Proof 69’ grade means this coin is one point away from being perfect while the ‘Ultra Cameo’ designation means that there is great contrast between the mirrored fields and the frosted devices on this particular coin. It has tremendous eye appeal and is hard to duplicate.  

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