APR57

2020 (P) 1 oz American Silver Eagle Coin PCGS MS69 (FDOI, Philadelphia, Flag Label)

$ 86.55

APR57

2020 (P) 1 oz American Silver Eagle Coin PCGS MS69 (FDOI, Philadelphia, Flag Label)

$ 86.55
  • Description

There is no topping the popularity of the American Silver Eagle coin. Long favored by investors in North America, the American Silver Eagle has continued to grab the attention of investors in all corners of the globe. 2020 demand for the American Silver Eagles surged amid a global pandemic and resulted in additional coining capacity needed in April 2020. The Philadelphia Mint stepped into the breach to fill the need for American Silver Eagles. Right now, 2020-P 1 oz American Silver Eagle Coins in near-perfect condition are available to purchase online from APR 57.

Coin Highlights:

  • Arrives inside of a PCGS protective plastic slab!
  • 35th coin in the 1 oz American Silver Eagle release!
  • Limited availability of certified coins!
  • Contains 1 Troy oz of .999 pure silver.
  • Bears a face value of $1 (USD) backed by the federal government.
  • Issued a Grade of Mint State 69 by the Professional Coin Grading Service.
  • First Day of Issue designation with Flag Label.
  • The obverse depicts Walking Liberty.
  • On the reverse is the heraldic eagle.
  • Emergency Issue coins from the Philadelphia Mint!

Each of the 2020-P 1 oz American Silver Eagle Coins listed here has a near-perfect grade of Mint State 69 from the PCGS. Coins in this condition exhibit full, original mint luster and no more than two minor detracting flaws. Examples of acceptable flaws at this level include only minuscule contact marks and hairlines and must be located outside of the primary focal points of the coin. Included with these coins is a First Day of Issue label, meaning the coins were received for grading within 24 hours of issue by the US Mint.

A perfect storm hit global markets in March 2020 with a global pandemic roiling stock markets and sending values tumbling. Investors immediately flocked to gold and silver. In the United States, the West Point Mint announced a complete sellout of on-hand 2020 Silver Eagle coins. While trying to ramp back up production, the West Point Mint had to cut back its workforce to protect workers and also endured a seven-day shutdown. The Philadelphia Mint stepped in to assist in coining to meet demand, churning out an eventual 240,000 2020 American Silver Eagle coins in an emergency issue to boost supply.

The obverse of the 2020-P 1 oz American Silver Eagle Coin includes the famous Walking Liberty design from Adolph A. Weinman. This image reflects the forward drive of Americans toward a brighter future as Liberty walks toward the sun. On the reverse of 2020 American Silver Eagle Coins, John Mercantis version of the iconic heraldic eagle of the United States is featured as the primary design element.

Please note that there are no mint marks on these 2020 American Silver Eagle Coins from the Philadelphia Mint. The coins are identifiable as Philadelphia strikes only by the tracking numbers on the Monster Boxes originally shipped from the US Mint. The PCGS has included a Struck at Philadelphia Silver Eagle Emergency Issue label in the slab to help identify the coins.

If you have any questions, APR 57 customer service can assist you. Please call us at 212-246-2000, chat with us live online, or email us.