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."
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PRE-1933
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ANNA CABRAL
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ANNA CABRAL SIGNATURE
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FIRST YEAR OF ISSUE