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2021 American Silver Eagle 1 oz MS70 TYPE-1 Emergency Issue
$109.00
Availability: In stock
The 2021 American Silver Eagle MS70 emergency Edition is now available at ABS bullion. One of the most sought-after Silver Eagles ever minted. The 2021 type1 was the last coin minted featuring the original Heraldic Eagle on the reverse. The reason this has become the most sought-after certified silver eagle is it due to several factors. The original release of the new Silver Eagle was to begin in 2021. Due to a dwindling silver supply, covid restrictions, and a shortage of blanks, the release was delayed 6 months. To make matters worse, the West Point mint could not handle the massive influx of orders. To meet demand, both the San Francisco and Philadelphia Mints began minting Silver Eagles. What does that have to do with the coin selling for as high as $200? A total of 28,275,000 Silver Eagles were minted in 2021. Just over13 million were the original design(Type 1). Only 495,000 were struck in Philadelphia.
Today, most mints are computerized and use robotics with little or no human interaction. When coins are pulled to be sent for grading, they are removed immediately after being pressed. At upgraded computerized mints, an average of seven out of every 10 coins receive a MS70 grade. However, the Philadelphia mint continues to produce coins the old-fashioned way. Coins are handled and transferred by hand. With the human element involved, a host of issues are introduced that affect the coin. An average of only 2 or 3 of these will receive an MS70 grade, as opposed to 8 from other mints. That’s what makes this particular coin extremely rare. Although silver eagles were minted at all three mints, none of them have mintmarks. The certification label is the only way to tell if the coin was minted in Philadelphia. Therefore, silver eagles minted at Philadelphia with a MS70 grade will be the scarcest, making them extremely valuable… The coin in the photographs is the coin you will receive. It arrives in a new Guardhouse display case.
| Weight | 3 oz |
|---|---|
| Dimensions | 5 × 7 × 1 in |
| Brand | Philadelphia mints |
| Coin | American Eagle |
| Composition | Silver |
| Grade | MS 70 |
| Certification | PCGS |
| Modified Item | No |
| Manufacturer | Philadelphia mints |
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