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The Certified Proof Silver Eagle 2007-W PR70 PCGS, bearing the signature of John Mercanti, is a testament to the exceptional craftsmanship and numismatic significance of American coinage. Struck by the United States Mint, this coin belongs to the prestigious American Silver Eagle series, which has been captivating collectors and investors alike since its inception in 1986.
The history of the American Silver Eagle series is rooted in the Liberty Coin Act of 1985, which authorized the creation of an official silver bullion coin for the United States. The American Silver Eagle was first minted in 1986 and has since become a symbol of American excellence in coinage.
The obverse of the American Silver Eagle features the iconic "Walking Liberty" design by Adolph A. Weinman. Originally created for the Walking Liberty Half Dollar in 1916, this image depicts Lady Liberty striding forward with confidence, draped in the American flag, and the sun rising in the background. It symbolizes the ideals of freedom and optimism. On the reverse side of the coin, a magnificent eagle design by John Mercanti takes center stage. The eagle is depicted with a shield, clutching an olive branch in one talon and arrows in the other. Above the eagle, thirteen stars represent the original Thirteen Colonies, signifying unity and strength. Mercanti's design pays tribute to the nation's commitment to peace and its enduring spirit.
The Certified Proof Silver Eagle 2007-W PR70 PCGS boasts a substantial size, with a diameter of 40.6 millimeters. This larger size allows for the intricate details of the design to be fully appreciated and provides a generous canvas for the coin's mirrored proof finish.
With a weight of one troy ounce, this American Silver Eagle contains .999 fine silver, ensuring that its intrinsic value closely tracks the prevailing price of silver in the global market. This feature makes it an attractive choice for both collectors and precious metals investors.
The "PR70" grade assigned by PCGS is the highest grade a proof coin can achieve. The "PR" stands for "proof," indicating that the coin is specially struck for presentation purposes, displaying mirror-like fields and frosted devices. The "70" signifies perfection, meaning there are no visible flaws or imperfections, even under magnification. Earning a PR70 grade underscores the coin's exceptional quality and condition.
What sets this particular coin apart is the signature of John Mercanti, adding prestige and collectibility. John Mercanti served as the Chief Engraver of the United States Mint from 2006 to 2010 and is renowned for his significant contributions to numismatics. His signature on the coin not only enhances its appeal but also serves as a mark of authenticity and quality.
In terms of mintage, the Certified Proof Silver Eagle 2007-W PR70 PCGS is part of a limited production run, with a specific number of coins struck in proof quality at the West Point Mint.
The Certified Proof Silver Eagle 2007-W PR70 PCGS, bearing the signature of John Mercanti, is a remarkable numismatic treasure that represents the rich history and exceptional craftsmanship of American coinage. Whether appreciated for its historical significance, admired for its breathtaking design, or valued for its silver content, this American Silver Eagle is a testament to the enduring legacy of the United States Mint.