2017 W (2020) American Silver Eagle PCGS PR70 DCAM West Point Mint Hoard Jim Peed Signature

2017 W (2020) American Silver Eagle PCGS PR70 DCAM – West Point Mint Hoard – Jim Peed Signature

 

About this coin

At the end of each year’s production, the U.S. Mint usually collects all of its unsold Silver Eagle coins bearing the “W”, for West Point mintmark, removes them from their packaging, and melts them down. We say “usually” because in 2019 the Mint discovered it had some leftover stock of Silver Eagle coins struck for the 225 anniversary of the U.S. Mint. Rather than melt them, the Mint made a surprise move and sold them to a buyer in a private auction.

These coins dated 2017, discovered in 2019 and released to the public in 2020, are highly collectible. They have been certified by PCGS in perfect PR70 Deep Cameo condition, and designated “West Point Mint Private Auction”. This designation gives the coins a desirable and rare provenance not seen since the famed Government Services Administration (GSA) Morgan Dollar hoard in 1972!

 

Condition

Coins are graded on a 70-point basis with 70 being absolute perfection. These coins have been hand-signed by Jim Peed, the longest-serving current era U.S. Mint Designer. Jim has many design credits and is best known for collaborating with John Mercanti on the 1984 $10 Olympic gold coin, the first coin issued with a W for WestPoint mintmark, and the 1997 $5 Jackie Robinson Gold Commemorative. His initials “JP” are displayed on the coins.

 

Specifications

• Date: 2017
• Metal: Silver
• Weight: 1 troy oz.
• Purity: .999
• Diameter: 40.6 mm
• Thickness: 2.98 mm
• Denomination: $1.00
• Condition: PR70
• WP Hoard designation