In 2007, the United States Mint released three distinct versions of the American Silver Eagle. For investors, the standard bullion coin was available, minted at the West Point Mint but notably lacking a mintmark. Collectors, however, had the option of the 2007-W American Silver Eagle Burnished coin and the 2007-W American Silver Eagle Proof.
The 2007-W Proof Silver Eagle was introduced on March 27, 2007, at an initial price of $29.95, equivalent to approximately $46.54 in 2024 dollars. Despite a strong demand, the mintage fell short by 270,718 pieces compared to the 2006 release.
Unlike some earlier issues, the 2007-W Proof’s market has not been artificially inflated by the misconception that “perfect” coins are exceedingly rare. As a result, the premium for coins graded at the top level (70) over slightly lower grades (69) has remained moderate, reducing the potential downside risk for collectors.
Additionally, various signature inserts and novelty labels have been introduced to differentiate between dealers’ stocks. Coins featuring the signature of reverse designer John Mercanti often command a higher price, although these are not considered particularly rare.
Design Details of 2007-W American Silver Eagle Proof
Obverse
The obverse showcases Adolph A. Weinman’s classic depiction of Lady Liberty striding forward with confidence, draped in a flowing gown and the American flag. She holds laurel and oak branches symbolizing the civil and military achievements of America. The legend “LIBERTY” rings the top of the coin, partially obscured by Liberty’s head and upper body.
The motto “IN GOD WE TRUST” appears above her outstretched foot, and the year “2007” is inscribed below. The design bears similarities to Oscar Roty’s “The Sower,” an image found on French coins. The obverse also features the West Point Mint’s “W” mintmark in the lower left field.
Reverse
The reverse, designed by U.S. Mint Chief Engraver John Mercanti, features a Heraldic Eagle clutching a ribbon inscribed with “E PLURIBUS UNUM.”
Above the eagle is a constellation of 13 stars arranged in an upside-down pyramid. The legend “UNITED STATES OF AMERICA” arcs above, while the fineness and denomination “1 OZ. FINE SILVER – ONE DOLLAR” are inscribed below.
Edge
The edge of the coin is reeded.
2007-W American Silver Eagle Proof Coin Specifications
| Specification | Details |
|---|---|
| Year of Issue | 2007 |
| Mintage | 821,759 |
| Mintmark | W (West Point) |
| Alloy | .999 silver |
| Weight | 31.1 g |
| Diameter | 40.6 mm |
| Edge | Reeded |
| Obverse Designer | Adolph A. Weinman |
| Reverse Designer | John M. Mercanti |
Conclusion
The 2007-W American Silver Eagle Proof remains a significant piece for collectors, offering a blend of historical design and modern minting excellence. Its moderate mintage and availability in high grades make it a valuable, yet accessible, addition to any collection. With its iconic design and reliable market value, the 2007-W Proof Silver Eagle continues to be a popular choice among numismatists.
Reference
Information derived from comprehensive coin collectors’ guides and the United States Mint’s historical archives.
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