American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin

The San Francisco US Mint produced an extremely rare and limited edition Enhanced Reverse Proof American Silver Eagle in 2019. Only 30000 of these coins were produced. This issue was released on November 14th 2019 for an original cost of $65.95 and sold out in 18 minutes. Towards the end of the summer of 2019, with little fanfare the United States Mint added a product to its product schedule, a second 2019-dated Enhanced Reverse Proof American Silver Eagle following the one issued on July 3 as part of the U.S.-Canada Pride of Two Nations set.

The Silver Eagles from the United States Mint are, unquestionably, the most popular silver coins for sale in the world today. Introduced in 1986, the series regularly features bullion, proof, and burnished versions. 2019 saw the release of a unique Enhanced Reverse Proof version of the Silver American Eagles with a limited mintage. Today, 2019-S 1 oz Silver American Eagle Enhanced Reverse Proof Coins are available to you online at Silver.com in perfect condition.

Coin Highlights:

  • Available to ship to you inside of a PCGS protective plastic slab!
  • Unique Enhanced Reverse Proof release!
  • Original mintage limited to 30,000 coins only!
  • Consists of One Troy ounce of .9999 fine silver.
  • The face value of $1 (USD) is fully backed by the US government.
  • Graded PR70 by the Professional Coin Grading Service.
  • Walking Liberty is featured on the obverse.
  • Heraldic eagle of the United States found on the reverse.
  • Comes with an “S” mint mark from the San Francisco Mint.
American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin

The Enhanced Reverse Proof Silver Eagles issued by the United States Mint in 2019 were struck by the first mint to ever produce the Silver American Eagle in any form. The San Francisco Mint originally produced both the bullion and proof versions of the coin, with the proof coins eventually going from San Francisco to Philadelphia to West Point. Each of these coins has an “S” mint mark on its reverse field.

All of the 2019-S 1 oz Silver American Eagle Enhanced Reverse Proof Coins in this listing earned perfect PR70 certifications from the PCGS. Coins with this grade have full, original mint luster and no detracting flaws on the design elements or surface areas.

Walking Liberty from Adolph A. Weinman is found on the obverse of the 2019-S 1 oz Silver American Eagles. This vision of Liberty captures her figure in left-profile relief as she walks toward the sun on the horizon. She wears the American flag over her shoulders and has a hand outstretched toward the sun as she walks.

American

The heraldic eagle of the United States is depicted on the reverse of 2019-S 1 oz Silver American Eagles. The design originated in 1794 at the US Mint on its very first coins and includes an American bald eagle with the national shield on its chest while it clutches arrows of war and the olive branch of peace.

These brilliant proof pieces have impressive reverse proof enhancements. Standard reverse proofs have frosted backgrounds and mirrored elements. In this release, the frosted and mirrored polishes are varied across the design fields to create distinctive visual elements.

Please don’t hesitate to reach out to Silver.com with your questions. Please feel free to call us at 888-989-7223, chat with us live online, or email us directly.

American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin

Fewer than 100 surplus Enhanced Reverse Proof 2019-S American Eagles silver dollars held in inventory by the U.S. Mint from canceled orders sold out almost immediately Aug. 5 when the bureau prematurely offered the coins on its website without advance notice.

U.S. Mint spokesman Michael White said Aug. 6 that additional returned products were to be offered in the coming days as the coins became available after quality inspection.

The surplus inventory sold out before tens of thousands of cell phone and email alerts were sent out to customers who had asked to be notified when additional product became available after they were shut out of the original product introduction.

The Enhanced Reverse Proof2019-S American Eagle silver dollar, limited to a product release of 30,000, originally was put on sale Nov. 14, 2019, at $65.95 each. The offering included a release of the coins at the Whitman Baltimore Expo.

A household order restriction of one coin was in place.

After the sellout online at the website, prices for the coins jumped on the secondary market.

American eagle 2019 one ounce silver enhanced reverse proof coin sold out

Sales glitch explained

White released a statement Aug. 5 on behalf of the U.S. Mint explaining the sales glitch.

“Due to high demand for the American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin (product 19XE), the United States Mint wanted to ensure that all sellable inventory was made available to the public for sale,” according to the statement. “A total of 97 units recently became available due to order cancellations. As transactions were cancelled, the product was inventoried and inspected per Mint standard processes.

Silver

“Today the Mint was working to move the inventory in our system to prepare it for sale. During that process, an error was made and the product was made available for sale via the Mint’s website and immediately sold out.

“All 97 coins were sold this morning. Our ‘Remind Me’ features automatically activated and we notified 43,127 people via SMS [cell phone alerts], and 30,907 people via email about the availability of this product. We expect another small number of units to become available for sale in the coming days. They will be placed on the Mint’s website as they become available.”

Struck at the San Francisco Mint, the Enhanced Reverse Proof American Eagle silver dollars exhibit mirrored design elements against frosted fields instead of the frosted devices against mirrored fields encountered on standard Proof issues.

Secondary market

American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin Mintage

The coins continue to sell for a premium in the secondary market. For example, sellers at eBay list a number of recent completed sales of certified examples of the Reverse Proof Eagles, including one example graded Proof 70 by Numismatic Guaranty Corp. that realized $1,812.50 in a July, 12, 2020, auction.

American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin 19xe

The initial offering of the coin in November 2019 was snapped up quickly by Mint customers. It “sold out” within 20 minutes. The rapid sellout led to criticism from Mint customers, especially those who were unable to successfully place orders.

American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin For Sale

Connect with Coin World:
Sign up for our free eNewsletter
Access our Dealer Directory
Like us on Facebook
Follow us on Twitter

Comments are closed.