By Charles Morgan and Hubert Walker for CoinWeek Notes …..
The United States Mint produced three variations of the American Silver Eagle in 2014: the usual bullion coin, which was bought in bulk to licensed purchasers and struck on the West Level and San Francisco mints however bore no mintmark; the 2014-W American Silver Eagle Burnished Uncirculated Coin, which was struck on the West Level Mint, carried the “W” mintmark, and bought individually to collectors; and the 2014-W American Silver Eagle Proof, a mirrored-finish coin with a wonderful cameo distinction that was additionally struck on the West Level Mint and bought individually to collectors. Each Burnished and Proof cash have been supplied at a major premium over the prevailing spot worth on the time.
Gross sales of the 2014 collector variations have been nothing out of the peculiar. Demand for the 2014 American Silver Eagle bullion coin, nonetheless, smashed all prior data and the Mint struggled to supply sufficient planchets.
The 2014 American Silver Eagle as a Licensed Coin
Greater than 100,000 2014 American Silver Eagles have been licensed at MS70 by NGC and PCGS mixed within the first yr of the coin’s launch. Within the decade that adopted, a further 50,000 cash have been added to the census, largely by NGC. Now CAC, now a full-service grading firm, additionally accepts American Silver Eagles and has licensed a number of hundred examples because it enters a well-established market.
The 2014 American Silver Eagle in MS70 was by no means a conditional rarity and by no means can be. There are extra PCGS MS70s than 69s, and NGC provides about 4,600 new MS70s yearly. Inside its first yr of launch, MS70s traded for about $46 ($62 in 2024 inflation-adjusted {dollars}), and MS69s bought for $38 ($51). At the moment, MS70s commerce for about $50-$55, whereas 69s go for about $30-$35. Uncooked cash commerce for no considerable premium over spot.
The foremost grading providers will often denote a parenthetical mint for the 2014 American Silver Eagle Bullion Coin, with (S) signifying that the coin was struck on the San Francisco Mint, and (W) denoting West Level. NGC has printed that West Point coins were better made. Exterior of the holder, or if submitted unfastened, no grading service can differentiate the mint of origin.
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2014 American Silver Eagle Market Knowledge and Noteworthy Specimens
High Inhabitants: PCGS MS70 (59,903, 4/2024), NGC MS70 (102,509, 10/2024), and CAC MS70 (459, 10/2024).
- NGC MS70 #3587183-074: eBay, October 11, 2024 – $55.99. Struck at San Francisco.
- NGC MS70 #3860886-223: eBay, October 10, 2024 – $46. First Releases.
- PCGS MS70 #29369442: eBay, October 10, 2024 – $53. First Strike.
- NGC MS70 #3856857-014: eBay, October 10, 2024 – $44.45. Early Releases.
- NGC MS70 #3844922-198: eBay, October 10, 2024 – $47. Early Releases.
- PCGS MS70 #29490053: eBay, October 9, 2024 – $50. First Strike. Struck at West Level. Tarnished.
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Design
Obverse:
Artist Adolph A. Weinman’s Woman Liberty is depicted mid-stride. She is wearing a flowing robe and draped with a big billowing American flag. She holds laurel and oak branches in her left hand that symbolize the civil and navy glories of America, respectively. As Liberty strides confidently in direction of the rising solar, she presents a welcoming open hand. She is superimposed over the obverse legend LIBERTY ringing the obverse, obscuring half of the “BE” and virtually your complete “R”. Above Liberty’s rear foot is the motto IN GOD WE TRUST, and under her is the date 2014.
Reverse:
Mint Chief Engraver John Mercanti’s Heraldic Eagle is positioned on the middle. Clutched in its beak is a ribbon bearing the motto E PLURIBUS UNUM. Above its head is a constellation of 13 stars configured in an upside-down pyramid formation. The legend UNITED STATES OF AMERICA is wrapped across the prime of the design and the fineness and denomination 1 OZ. FINE SILVER. ONE DOLLAR is on the backside.
Edge:
The sting of the 2014 American Silver Eagle bullion coin is reeded.
Coin Specs
| American Silver Eagle Bullion Coin | |
| 12 months of Subject: | 2014 |
| Mintage: | 44,060,000 |
| Alloy: | .999 Silver |
| Weight: | 31.1 g |
| Diameter: | 40.6 mm |
| Edge: | Reeded |
| OBV Designer: | Adolph A. Weinman |
| REV Designer: | John M. Mercanti |
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