2016 American Silver Eagle Pcgs Ms70 Fs
The 2016 American Silver Eagle PCGS MS70 FS is a highly sought after coin among coin collectors. It’s easily one of the most popular coins in the world and its value only continues to rise.
This coin is especially desirable because it’s certified as MS70 by Professional Coin Grading Service (PCGS) and has a First Strike (FS) designation. In this article, we’ll take a closer look at the 2016 American Silver Eagle PCGS MS70 FS and explore what makes it so special.
Coin collectors have been interested in this coin ever since it was first released in 2016. It has seen significant appreciation over the past few years due to its rarity and beauty, making it an attractive option for collectors looking for a unique item to add to their collection.
There are many appealing features about this coin that make it worth considering for any collector’s portfolio, so let’s take a closer look at what makes this coin special.
History And Background Of The American Silver Eagle Coin
The American Silver Eagle coin is the official silver bullion of the United States and has been in production since 1986. It was authorized by Congress with the passing of the Liberty Coin Act which was signed into law by President Ronald Reagan.
This coin has become one of the most popular coins among collectors and investors alike due to its iconic design and its status as a legal tender in the U.S. The American Silver Eagle contains one troy ounce of .999 fine silver, making it an ideal investment option for those looking to hedge against inflation.
The obverse of the coin features Lady Liberty carrying branches of oak and laurel in her arms, while walking forward into a rising sun with her head held high. The reverse features a heraldic eagle behind a shield clutching an olive branch and arrows in its talons, surrounded by thirteen stars for each original colony.
Each year, millions of these coins are minted at different locations around the country, providing collectors with many options for their collections or portfolios. The coins can be graded on a 70 point scale from 1-70, with higher grades being more valuable than lower ones.
Additionally, there are also special versions such as ‘First Strike’ or ‘Early Releases’ which add further value to these coins. Collectors have come to recognize that owning American Silver Eagles is an excellent way to both protect wealth and diversify investments simultaneously.
Professional Coin Grading Service Certification
The American Silver Eagle Coin is a truly unique and beloved item among coin collectors. It is the only silver bullion coin that is guaranteed by the US government, making it highly desirable in both its physical beauty and its sound investment potential.
Another factor that adds to the value of the American Silver Eagle Coin is its certification from the Professional Coin Grading Service (PCGS). The PCGS was established in 1985 as an independent grading service for coins, tokens, and medals. Their mission is to provide accurate, consistent, and impartial assessment of a coin’s condition.
When a coin receives a PCGS grade of MS70 or higher, it indicates that the coin is flawless or near-flawless with no visible flaws on either side of the coin. Furthermore, coins certified as FS (Full Strike) are considered to be perfectly struck with full detail on all features.
The combination of these two grades creates an extremely valuable collectible piece: an American Silver Eagle graded MS70 FS by PCGS. This combination signifies not only a physically perfect coin but also one that has been certified as such by one of the most trusted grading services in the world. Such coins carry great collector’s value and are highly sought after by both investors and numismatists alike.
First Strike Designation
First Strike Designation is a designation given to coins that are among the first coins of a new issue to be certified by Professional Coin Grading Service (PCGS).
This is particularly important for American Silver Eagles, as PCGS Certified MS70 FS coins have a significant numismatic value.
Collectors of these coins should be sure to look for the First Strike Designation, as it can add a great deal of extra value.
It’s a great way to get the most out of your coin collecting investments!
First Strike Designation
When it comes to the American Silver Eagle PCGS MS70 FS, one of its most sought-after features is its First Strike designation. This designation indicates that the coin was among the very first of its kind to be struck by the US Mint. It’s a coveted attribute that can dramatically increase a coin’s value, making it highly desirable for serious numismatists.
As such, many collectors strive to get their hands on these coins in order to add them to their collections. The process to obtain a coin with this designation is fairly straightforward – they must be received by PCGS within 30 days of their release date from the US Mint. If they pass all grade requirements and other criteria, they will then receive the First Strike label from PCGS.
This label serves as an assurance that it was one of the first coins issued by the mint and is thus more valuable than those released later. Given its rarity and desirability, coins with this label often command higher premiums than non-First Strike pieces. As such, this feature adds even more appeal to these already highly sought-after coins and makes them even more attractive for collectors looking for rare and desirable specimens.
Pcgs Certified
Another element that makes American Silver Eagle PCGS MS70 FS coins so desirable is the fact that they are PCGS certified.
This means that the coin has been graded by a third-party and deemed to be in excellent condition.
As such, collectors can have peace of mind knowing that their investment is backed by a reputable organization like PCGS.
Plus, with certification, buyers are able to determine the exact grade of the coin they’re purchasing and can make an informed decision as to its value.
Furthermore, it also helps protect against counterfeiting since only genuine coins receive certification.
All in all, having PCGS certification adds yet another layer of desirability for these rare coins and further cements their status as highly sought-after specimens.
Rarity And Desirability
The American Silver Eagle PCGS MS70 FS is a highly sought-after coin among collectors. Its rarity makes it an especially desirable item and it often comes with a hefty price tag.
The PCGS MS70 FS designation means that the coin has been graded at a perfect Mint State 70 by the Professional Coin Grading Service, and additionally has been designated as First Strike, meaning that it was among the first coins struck from the dies of that particular year.
This level of quality and distinction is one of the reasons why the American Silver Eagle PCGS MS70 FS is so popular. It’s also embodied in other features like its classic design from Adolph A. Weinman featuring Lady Liberty walking toward the setting sun on one side, and a perched eagle with wings spread wide on the other.
These features make this coin both rare and beautiful, adding to its desirability among collectors. A great deal of effort goes into creating each American Silver Eagle PCGS MS70 FS, making it a truly special item for any collector or investor looking for something unique to add to their collection. From its minting process to its grade rating and more, this coin is sure to be cherished for years to come.
Collecting And Investing In The 2016 American Silver Eagle Pcgs Ms70 Fs
The 2016 American Silver Eagle PCGS MS70 FS is an essential piece for any coin collector. Its value comes from its rarity and high grade, making it a great addition to any collection. For investors, this coin is also particularly attractive due to the long-term potential of silver as a store of wealth.
The Silver Eagle has a face value of one dollar, but its real worth is much greater than that. Collecting this coin involves careful research and consideration of various factors including mintage figures and grading standards. With PCGS certification, you can be sure that your purchase is of the highest quality possible and will hold its value over time.
This guarantee makes it easier to make decisions on which coins to buy and when. Investing in the 2016 American Silver Eagle PCGS MS70 FS requires patience, discipline and knowledge about the precious metals market. It’s important to closely monitor the price of silver over time and only invest when prices are favourable.
Knowing what factors are driving the price movements can help you make more informed decisions regarding your investments in coins such as this one.
Frequently Asked Questions
What Is The Current Market Value Of The 2016 American Silver Eagle Pcgs Ms70 Fs?
Coin collecting is an art, and the American Silver Eagle PCGS MS70 FS series is a masterpiece. It represents American history in precious metal form, with each coin carrying a deep value that transcends monetary worth.
Currently, the 2016 edition of this incredible series carries a market value that truly reflects its beauty and historical importance – it’s worth every penny.
Are There Any Special Benefits To Owning This Coin?
Owning a coin such as the American Silver Eagle PCGS MS70 FS offers many advantages.
Firstly, it is one of the most popular coins in the world and its value has been steadily increasing since its inception in 1986, making it an excellent investment.
This coin also carries a great deal of historical significance and is highly sought-after by collectors due to its rarity and quality.
Additionally, owning this silver eagle affords the owner the privilege of being part of a select group who hold some of the world’s most valuable coins.
Are There Any Other Coins That Are Similar To The 2016 American Silver Eagle Pcgs Ms70 Fs?
Yes, there are many coins that are similar to the 2016 American Silver Eagle PCGS MS70 FS.
Some of the most popular choices include the 2013 American Silver Eagle, the 2015 American Silver Eagle, and the 2017 American Silver Eagle, all of which have been certified by PCGS with a grade of MS70 First Strike.
Additionally, there are many other silver bullion coins from around the world that are similar in design and quality to the 2016 American Silver Eagle.
These include coins from Canada, Mexico, China, and Great Britain.
Are There Any Restrictions On Who Can Buy The 2016 American Silver Eagle Pcgs Ms70 Fs?
Coin collecting is like a treasure hunt, with the 2016 American Silver Eagle PCGS MS70 FS being the ultimate prize.
As such, there are restrictions on who can buy this valuable coin. Generally, only those who are 18 years or older and have a valid government-issued ID are allowed to purchase it. Additionally, some sellers may require proof of residency in the U.S., and all sales must comply with applicable laws and regulations.
How Can I Ensure That I Am Buying An Authentic 2016 American Silver Eagle Pcgs Ms70 Fs?
When buying any coin, it is of the utmost importance to ensure that the piece you are purchasing is authentic.
For an American Silver Eagle PCGS MS70 FS, there are several steps you can take to guarantee its authenticity.
It’s important to purchase from a reputable dealer with a good track record and check the coin for any signs of wear or damage.
You should also compare the coin to images available online, as well as get third-party authentication if possible.
By doing these steps, you can rest assured that your purchase will be an authentic 2016 American Silver Eagle PCGS MS70 FS.
Conclusion
As a coin collecting expert, I can confidently say that the 2016 American Silver Eagle PCGS MS70 FS is one of the most sought after coins in the industry. Its current market value is quite high and its special benefits include both its collectible value and potential for investment. It’s no wonder why so many collectors are eager to get their hands on this unique item.
The experience of owning such a rare and valuable coin is truly incredible. One can almost feel the history that it holds as they look at it, marveling at its intricate design and craftsmanship.
The 2016 American Silver Eagle PCGS MS70 FS will undoubtedly continue to be a highly prized collector’s item for years to come.
