2016-W 1 oz Silver Eagle NGC PF69 Ultra Cameo

The American Silver Eagle bullion coin program is a significant program and a very important series of coins for the United States Mint. The United States Congress authorized this coinage act in 1985. The coins were first struck in 1986. They have continued to be struck in Uncirculated and Proof versions annually since that time,  

The coins’ obverse displays a beautiful rendition of the Walking Liberty motif. This American Silver Eagle bullion coin copies the obverse design of the 1916 to 1947 Walking Liberty Half Dollar, by Adolph Weinman.  

Miss Liberty is dressed in flowing robes and has an American flag about her shoulders. The word “LIBERTY,” is above her while “IN GOD WE TRUST” is in the right field. The current year of striking is below Miss Liberty. 

The reverse was designed by John Mercanti, who was at that time, the Chief Engraver of the US Mint. He created a revised version of a Heraldic Eagle image. The eagle has upraised wings and a shield covering its body. Arrows in one talon and olive branches in the other for balance. Above this eagle are 13 stars arranged neatly arranged with “UNITED STATES OF AMERICA,” on the upper periphery and “1 OZ. FINE SILVER  -  ONE DOLLAR,” on the lower periphery.  

This coin is a 2016-W American Silver Eagle in “Proof 69, Ultra Cameo.” The Proof mintage is a scant 595,843  while the BU coins, which also were struck at West Point has a mintage of 37,701,500 coins. The Proof coin is significantly lower than the Uncirculated. Proof 69 means the coin is 1 point away from perfection, while ‘Ultra Cameo’ means tremendous contrast between the fields and the devices. 

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