Silver Eagle Proof Vs Uncirculated

A primary reason for this is the investment potential for proof.

Silver eagle proof vs uncirculated.

Starting today july 8 collectors have the opportunity to buy the united states mint 2020 w uncirculated american silver eagle as it launches at noon edt for 54. Are hand loaded into the coining press and struck on specially burnished blanks yet have a soft matt like finish appearance. Say you want to buy some proof coins because you like the look of them. The following article will dive deeper into the specifics of both proof and uncirculated coins.

While regular coins are struck just once under normal pressure and at a high rate of speed each proof coin is carefully struck at least twice under high pressure to bring out the full. In today s market more collectors and investors are leaning toward proof coins over uncirculated coins. From 1986 to 2005 the mint referred to the american eagle gold and silver bullion coins as having an uncirculated finish then in 2006 the mint introduced a collector uncirculated american eagle coin while at the same time dropping the same term from all marketing materials for the bullion coin versions even though. Uncirculated 2007 w american eagle silver dollars were struck on burnished.

Proofs are almost always going to demand a premium when compared to raw uncirculated coins but they also carry a better presentation quality and a higher degree of scarcity. All uncirculated silver eagles with w mint mark since 2006 are burnished. With uncirculated bullion you get more metal for your money. For instance in 2009 american eagle proof coins were trading at three times the spot price of gold.

It boils down to one simple fact. Like proof coins a coin that is marked as uncirculated implies it is in mint condition and does not have the wear or scratches that circulated coins usually have. Proof coins and uncirculated coins are both popular among buyers of gold and silver but for a few different reasons. Original images courtesy of larry herbst.

To prove our point let s look at an investor who buys either three bullion silver american eagles or one proof silver american eagle. Proof coins like proof american silver eagles for example are not intended to be introduced into circulation but are made only for the collector market. Are made like circulating coins which are used everyday as money but with a special process that produces a brilliant finish.