Silver Eagle Proof Vs Uncirculated

Say you want to buy some proof coins because you like the look of them.

Silver eagle proof vs uncirculated.

Original images courtesy of larry herbst. A primary reason for this is the investment potential for proof. With uncirculated bullion you get more metal for your money. Like proof coins a coin that is marked as uncirculated implies it is in mint condition and does not have the wear or scratches that circulated coins usually have.

While regular coins are struck just once under normal pressure and at a high rate of speed each proof coin is carefully struck at least twice under high pressure to bring out the full. For the sheer joy of it. This numismatic version of the u. Uncirculated 2007 w american eagle silver dollars were struck on burnished.

For instance in 2009 american eagle proof coins were trading at three times the spot price of gold. Proof coins like proof american silver eagles for example are not intended to be introduced into circulation but are made only for the collector market. In today s market more collectors and investors are leaning toward proof coins over uncirculated coins. Proof coins and uncirculated coins are both popular among buyers of gold and silver but for a few different reasons.

All uncirculated silver eagles with w mint mark since 2006 are burnished. Starting today july 8 collectors have the opportunity to buy the united states mint 2020 w uncirculated american silver eagle as it launches at noon edt for 54. Are made like circulating coins which are used everyday as money but with a special process that produces a brilliant finish. The following article will dive deeper into the specifics of both proof and uncirculated coins.

To prove our point let s look at an investor who buys either three bullion silver american eagles or one proof silver american eagle. From 1986 to 2005 the mint referred to the american eagle gold and silver bullion coins as having an uncirculated finish then in 2006 the mint introduced a collector uncirculated american eagle coin while at the same time dropping the same term from all marketing materials for the bullion coin versions even though. Proofs are almost always going to demand a premium when compared to raw uncirculated coins but they also carry a better presentation quality and a higher degree of scarcity.