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The Certified Proof Silver Eagle 2017-W PR70 PCGS, adorned with the signature of John Mercanti, stands as a shining testament to the exceptional quality and artistry of American coinage. As a cherished member of the renowned American Silver Eagle series, this coin represents a rich tradition of numismatic excellence and patriotic pride.
The origins of the American Silver Eagle can be traced back to the Liberty Coin Act of 1985, which authorized the creation of an official silver bullion coin for the United States. This historic legislation led to the introduction of the American Silver Eagle in 1986, quickly becoming an iconic symbol of American heritage and freedom.
The obverse of the American Silver Eagle features the timeless "Walking Liberty" design, originally crafted by Adolph A. Weinman for the Walking Liberty Half Dollar in 1916. This iconic portrayal of Lady Liberty, gracefully draped in the American flag and striding forward with the sun rising behind her, symbolizes the ideals of liberty, progress, and the American dream. On the reverse side of the coin, a majestic eagle design by John Mercanti takes center stage. The eagle is depicted with a shield, signifying strength and preparedness, while holding an olive branch and a bundle of arrows, representing the nation's desire for peace but readiness for defense. Thirteen stars above the eagle commemorate the original Thirteen Colonies, a tribute to the nation's founding principles.
The Certified Proof Silver Eagle 2017-W PR70 PCGS boasts a substantial size, with a diameter of 40.6 millimeters. This generous diameter allows for the intricate details of the design to be fully appreciated, contributing to the coin's overall visual splendor.
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 intrinsic worth, combined with its numismatic beauty, makes it a highly sought-after choice for both collectors and investors alike.
The "PR70" grade, bestowed upon this coin by PCGS, signifies the highest possible grade for a proof coin. The "PR" indicates "proof," reflecting that the coin is specially struck for presentation purposes, displaying mirror-like fields and frosted devices. The "70" represents perfection, indicating that there are no discernible flaws or imperfections, even under magnification. The PR70 grade underscores the coin's outstanding quality and condition.
What elevates the significance of this coin further is the inclusion of John Mercanti's signature. John Mercanti, the Chief Engraver of the United States Mint from 2006 to 2010, holds a prestigious position in the world of numismatics. His signature on the coin adds an element of authenticity and collectibility, serving as a mark of superior quality and craftsmanship.
The Certified Proof Silver Eagle 2017-W PR70 PCGS belongs to a limited mintage, with a specific number of coins struck in proof quality at the West Point Mint. This limited availability enhances its desirability among collectors and investors, as it becomes a rare and cherished addition to their collections.
In summary, the Certified Proof Silver Eagle 2017-W PR70 PCGS, featuring the signature of John Mercanti, stands as a symbol of American heritage and the enduring commitment to producing coins of unparalleled quality. Whether admired for its historical significance, stunning design, or intrinsic precious metal value, this American Silver Eagle continues to embody the tradition of excellence upheld by the United States Mint.