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The Certified Proof Silver Eagle 1987-S PR69 PCGS Moy Signed is a highly collectible and sought-after coin that holds a special place in the world of numismatics. As a certified proof coin, it represents the pinnacle of quality and craftsmanship in coin minting. This particular coin is notable not only for its pristine condition but also for bearing the signature of Edmund C. Moy, the 38th Director of the United States Mint.
The history of the American Silver Eagle coin series dates back to 1986 when it was first introduced by the United States Mint. These coins were created as a result of the Liberty Coin Act of 1985, which aimed to provide investors with an opportunity to purchase silver bullion coins backed by the U.S. government. Since then, American Silver Eagles have become a staple in the portfolios of precious metals investors and the collections of numismatists.
The obverse design of the American Silver Eagle features a classic and timeless depiction of Lady Liberty, designed by Adolph A. Weinman. Liberty is portrayed walking confidently while draped in the American flag, carrying branches of laurel and oak, symbolizing peace and strength. This design, known as "Walking Liberty," has its roots in the early 20th century and was originally used on the Walking Liberty Half Dollar from 1916 to 1947. On the reverse side of the coin, John Mercanti's design showcases a majestic heraldic eagle with a shield, an olive branch in its right talon, and arrows in its left talon. Above the eagle, there are thirteen stars representing the original Thirteen Colonies, signifying unity and the nation's foundation.
The Certified Proof Silver Eagle 1987-S PR69 PCGS Moy Signed has a size of 40.6 millimeters in diameter, making it a relatively large and impressive coin. Its substantial size allows for the intricate details of the design to be fully appreciated by collectors and investors alike. As for its weight, the American Silver Eagle contains one troy ounce of 99.9% pure silver. This high level of purity ensures that the coin's intrinsic value is closely tied to the prevailing price of silver in the global precious metals market.
The certified proof version of the American Silver Eagle, such as this 1987-S PR69 PCGS Moy Signed coin, is known for its exceptional condition and stunning visual appeal. The "PR69" designation indicates that the coin is nearly flawless, with only minor imperfections visible under close examination. Proof coins are struck multiple times with specially polished dies, resulting in sharp details and mirror-like fields.
One distinguishing feature of this particular coin is the signature of Edmund C. Moy, who served as the Director of the United States Mint from 2006 to 2011. Moy's signature on the label adds a unique and personal touch to the coin, making it even more desirable to collectors who appreciate numismatic history.
The Certified Proof Silver Eagle 1987-S PR69 PCGS Moy Signed coin represents the intersection of quality, history, and numismatic significance. Its iconic design, substantial size, high silver purity, exceptional condition, and connection to a former Director of the U.S. Mint make it a cherished addition to any coin collection or precious metals portfolio.