2018 W T1 SILVER EAGLES U.S. MINT HOARD PR70 MDS MOY/RYDER SIGNATURES - ABSOLUTE RARITY

2018 W T1 SILVER EAGLES U.S. MINT HOARD PR70 MDS MOY/RYDER SIGNATURES - ABSOLUTE RARITY

 

 
This set features two Type 1 American Silver Eagle proof coins discovered in the U.S. Mint Hoard. These coins dated 2018 bear the original heraldic eagle design by John Mercanti.  At the end of each year’s production, the U.S. Mint usually collects any of its unsold coins bearing the “W” mintmark, removes them from their packaging and melts them down. We say “usually” because in 2019 inside the West Point Mint's massive vaults some unsold Silver Eagle coins were discovered. Rather than melt them, the Mint made a surprise move and sold them to a buyer in a private auction. The coins that escaped the melting pot, have been designated by NGC as the “U.S. MINT HOARD”. This special designation gives the coins a desirable and rare provenance not seen since the famed Government Services Administration (GSA) Morgan Dollar hoard in 1972!

 

 
MINT DIRECTORS SERIES COINS MDS – NGC SIGNATURE CERTIFIED BLACK CORE LABELS

 
Both coins in this set have been individually hand-signed. One by Edmund C. Moy, the 38th Director of the U.S. Mint, and one by David J Ryder, 39th Director of the U.S. Mint. Moy served from 2006 to 2011, and Ryder served from 1992 to 1993 and returned to the position from 2018-2021. Both men were named in Coin World’s Most Influential People (1960-2020). Moy and Ryder brought many exciting modern coins to the marketplace, greatly enhancing the tradition of U.S. coin collecting with their leadership.

 

 
Condition

Coins are graded on the Sheldon numeric grading scale of 1 to 70. To achieve the top grade 70, a coin must have no post-production imperfections at 5x magnification. Both coins in this set have been certified in flawless PF70 condition and are presented in NGC certified black core Mint Director Series holders. (MDS).

 

Collector Highlights
 

• Two coins with U.S. Mint Hoard provenance
• Two High-quality proof coins struck at the WestPoint Mint
• Two valuable signatures – Edmund C. Moy & David J. Ryder
• Low NGC certified population
• Coins presented in NGC Mint Directors Series MDS labels