2012-W $1 American Eagle Silver Proof Coin

Continuing a series of proof coins dating back to 1986 is the 2012-W $1 American Eagle Silver Proof Coin. These coins appeared that year along with their bullion counterparts which feature the same designs and specifications (with the exception of their finish and mintmark).

2012-W-1-American-Eagle-Silver-Proof-Coin
Mintage: TBD
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Authorizing Coin Law
U.S. Mint Online Site

Congress authorized the bullion coins as part of the Liberty Coin Act (Public Law 99-61) and the US Mint introduced these associated proof coins for numismatic purposes. Since that introduction, the American Eagle Silver Proof Coins have come to be one of the most popular collector products released by the Mint.

Each is struck from one ounce of .999 fine silver and feature a legal tender face value of $1. However, since each contains the ounce of silver, their intrinsic melt value is much higher than $1 as is their numismatic value.

Historic Mintage on Silver Eagles

These Proof Silver Eagles first appeared in 1986 along with their bullion version counterparts. A chart of the Proof Eagles mintage is shown below:

1986 – 1,446,778

1987 – 904,732

1988 – 557,370

1989 – 617,694

1990 – 695,510

1991 – 511,924

1992 – 498,543

1993 – 393,224

1994 – 372,168

1995 – 407,822

1996 – 498,293

1997 – 435,350

1998 – 450,728

1999 – 549,330

2000 – 600,743

2001 – 746,398

2002 – 647,342

2003 – 747,831

2004 – 801,602

2005 – 816,663

2006 – 843,602

2007 – 821,759

2008 – 700,979

2009 – n/a

2010 – 860,000

2011 – 950,000

 

Unprecedented demand in 2009 for the bullion Silver Eagles forced the US Mint to cancel proof production. 2011 figures include 850,000 Proof Silver Eagles sold individually as well as 100,000 sold as part of a 25th Anniversary Silver Eagle Set.

Issue Information

Typically, three different Silver Eagles are struck by the US Mint each year. This includes bullion and proof Silver Eagles which debuted in 1986 and uncirculated Silver Eagles which made their first appearance in 2006.

Release Date

The US Mint indicates a release date of April 12, 2012 for these strikes.

Issue Price

An issue price of $59.95 has been indicated by the US Mint.

U.S. Mint Production Facility

Each coin is minted at the US Mint’s facility in West Point and feature the "W" mintmark.

Designer & Sculptor

Adolph A. Weinman’s 1916 "Walking Liberty" design is shown on the obverse of each coin. This design is considered by many to be one of the most beautiful ever produced on an American coin and first appeared on the 1916 half dollar.

The reverse (tails side) shows a heraldic Eagle with shield and was designed by John Mercanti

Coin Specifications

Face Value: $1
Finish: Proof
Composition: 99.93% Ag, 00.07% Cu
Standard Weight: 31.103 g
Standard Diameter: 40.60 mm
Edge: Reeded

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