2016 W $1 (2019) Proof Silver Eagle 30th Anniv. PCGS PR70 DCAM WP Mint Hoard

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2016 W $1 (2019) Proof Silver Eagle 30th Anniversary Lettered Edge PCGS PR70 DCAM WP Mint Hoard
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Product specifics
Year of Issue:
2016
Mint Location:
West Point
Mint Mark:
W
Type
Silver Eagle
Strike Type
Proof
Certification
PCGS
Grade:
PR70 DCAM
Pedigree
(2019) WP Mint Hoard
30th Anniversary
Composition:
.9993 Silver
Weight
1oz
Denomination:
$1
product Description
First issued in 1986 the American Silver Eagle has become far and away the most collected modern silver coin in the World! Each Silver Eagle is struck from 1oz of .999 fine silver. The obverse design features a modern rendition of Adolph A. Weinman’s classic Lady Liberty and the reverse features a heraldic eagle with a shield. The reverse was designed by legendary coin designer and the 12th Chief Engraver of the U.S. Mint John Mercanti!!
In 2019, a U.S. Mint audit discovered an unsold hoard of 2016 W 30th Anniversary Lettered Edge Proof Silver Eagles! A final count found
183,781 of these 30th Anniversary Proof Silver Eagles. Typically when a hoard like this is found by the mint the coins are simply melted and the packaging destroyed. However, due to the significance of the 2016 W $1 30th Anniversary Silver Eagles which feature the ONLY Lettered Edge design in the history of the Silver Eagle program, the U.S. mint decided to sell them! The significance of this event has not gone unnoticed by the major grading companies as both NGC & PCGS have created special designations for the Silver Eagles discovered in this hoard just as they did for the GSA Morgan’s nearly 50 years ago!
This 2016 W $1 30th Anniversary Lettered Edge Proof Silver Eagle was discovered in the (2019) West Point Mint Hoard and has been certified a perfect PR70 DCAM by PCGS!!
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