2007-W American Silver Eagle Proof: As a coin collector there are few coins that caught my eye like the 2007-W American Silver Eagle Proof. I remember when I first saw this coin at a coin show. The shine and mirror-like surface really made it stand out.
Plus the “W” mintmark from the West Point Mint added more appeal. This coin isn’t just beautiful it’s valuable and rare. Adding it to my collection was a no-brainer and over time I’ve come to see why so many collectors call it a dream coin.
Overview Table
Feature | Details |
Coin Name | 2007-W American Silver Eagle Proof |
Mint Location | West Point Mint (W) |
Composition | 99.9% Silver |
Weight | 1 Troy ounce |
Face Value | $1 USD |
Collector Appeal | High due to rarity and proof quality |
Market Performance | Strong appreciating over time |
Overview and Historical Significance
The American Silver Eagle series started in 1986 and quickly became popular with collectors. The 2007-W American Silver Eagle Proof is part of this iconic series showing Lady Liberty on one side and a strong eagle on the other. The coin was designed by Adolph A. Weinman and it’s one of the most recognized coin designs in the world.
The 2007-W version is special because of the “W” mintmark showing it was made at the West Point Mint. This mint is known for making high-quality proof coins that stand out from regular bullion. The year 2007 was also important for silver prices which were starting to go up making this coin even more interesting to both collectors and investors.
Minting and Specifications
The 2007-W American Silver Eagle Proof is made using a special process that gives it a shiny mirror-like finish. Unlike regular coins which are struck once proof coins are struck multiple times to get sharp details and a smooth surface.
Here are the key specs for the 2007-W Proof:
- Composition: 99.9% pure silver
- Weight: 1 troy ounce
- Diameter: 40.6 mm
- Thickness: 2.98 mm
- Edge: Reeded
Every coin comes in a protective case with a certificate of authenticity from the U.S. Mint so you know it’s the real deal.
Market Performance and Collectibility
The 2007-W American Silver Eagle Proof has been a valuable addition to many collections and continues to perform well on the market. There are a few reasons why it’s so collectible
- Limited Mintage: Fewer coins were made compared to regular bullion versions making it rarer and more desired.
- Proof Quality: The high-quality mirror finish makes it much more attractive than a regular coin.
- Historical Appeal: As part of the American Silver Eagle series it’s an important piece of U.S. coin history.
The value of the 2007-W Proof has gone up over the years especially for coins that are in top condition. Coins that have been graded as Proof 69 or Proof 70 by services like PCGS or NGC can sell for much higher prices.
Coin Specifications and Pricing Details
While the face value of the 2007-W American Silver Eagle Proof is only $1 its market value is much higher because of its silver content and collectibility. Here’s a breakdown
- Silver Purity: 99.9% pure silver
- Mint Location: West Point Mint
- Face Value: $1 USD
- Market Value: It usually sells for $75 to $200 depending on its condition and if it has been graded. Coins in their original packaging with certificates of authenticity tend to sell for more.
If you have one of these coins with its original case and paperwork you can expect it to hold its value well or even go up over time especially if silver prices rise.
FAQ
What is the American Silver Eagle made of?
The American Silver Eagle is made of 99.9% pure silver. It contains one troy ounce of silver which is a popular choice for both collectors and investors.
What does the “W” mean on a Silver Eagle coin?
The “W” stands for West Point Mint which is where the coin was made. The West Point Mint is known for making high-quality proof and special edition coins.
What is a W proof coin?
A W proof coin is a proof coin that was struck at the West Point Mint. Proof coins are made with extra care and struck multiple times to get a mirror finish and sharp details. Because of this they are more collectible than regular coins.