2020(W) Silver Eagle - NGC MS70 First Day of Issue - Black Core Mercanti Label
2020(W) Silver Eagle - NGC MS70 First Day of Issue - Black Core Mercanti Label
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First day of issue
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Population of only 7,761 in the world!
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Signed by the 12th U.S. Mint Chief Engraver John Mercanti
This is an historic point in the US Mint's Silver Eagle program. It is the final year that the Silver Eagle would bear John Mercanti's iconic heraldic eagle reverse design. Between that, and having it signed by John Mercanti himself, is a rare enough find on its own. The deep cameo proof just makes it that much more of a specialty item, with beautiful frosted features and a perfectly mirrored field. You will not see many US coins like it.
Mercanti's design echoes that of the official Great Seal of the United States. The eagle grasps an olive branch in its right talon and arrows on the left. The eagle looks to the right, signifying that the United States always seeks the option of peaceful cooperation first, with armaments to back it up should that option fail. The new reverse design beginning in 2021 shows an eagle landing on an olive branch, echoing the Ike dollars of the 1970s - more specifically, the 50th anniversary of the beginning of that series.
On the subject of anniversaries, another Silver Eagle to watch out for is the 75th anniversary commemorative for the end of WWII. But in the meantime, no Silver Eagle collector should pass up a chance to snag this showcase specimen in the Silver Eagle series.
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