News Bulletin: First-Year of Issue Silver Eagle Reaches 10-Year Auction High!
Post by: Walt Durham
in Silver
On October 3, 2022, a perfect first year of issue Silver American Eagle Proof, graded PF-70 Ultra Cameo by NGC, realized a solid price of $1,300 USD after strong bidding between numerous bidders.
This is the most a 1986-S Silver American Eagle in NGC PF-70 Ultra Cameo has realized in an auction in well over a decade. This 1986-S Silver American Eagle had a special signed label by Anna Escobedo Cabral, the 42nd U.S. Treasurer of the United States, and is 1 of 174 coins to have this prestigious pedigree.
"The 1986-S Silver American Eagle Proof is notorious for having quality issues. Less than one-half of one percent (.005%) of the original mintage has been certified by NGC in perfect PF-70 Ultra Cameo. It is always an in-demand issue and I am not surprised this coin garnered so much attention in this auction," said Walt Durham, Rare Coin Expert with Champion Rarities.
The buyer commented after winning the coin: "You hardly ever see Anna Cabral signature series coins come up for sale- I am really happy I got the coin."
BULLION
SILVER
SILVER COIN
SILVER EAGLE
SILVER
PROOF
PROOF COIN
PALLADIUM
PALLADIUM EAGLE
PALLADIUM COIN
GOLD
GOLD COIN
GOLD COIN
HISTORIC GOLD
GOLD EAGLE
HISTORIC
EAGLE
EAGLE
LIBERTY GOLD
LIBERTY HEAD
LIBERTY
PRE-1933
PRE-1933 GOLD
PLATINUM
REVERSE PROOF
INDIAN HEAD
INDIAN GOLD
INDIAN
LAST YEAR OF ISSUE
FIRST YEAR OF ISSUE