2016 W Burnished American Silver Eagle Pcgs Sp69 Fs
The 2016 W Burnished American Silver Eagle PCGS SP69 FS is an incredibly desirable coin for any collector. This magnificent silver eagle, certified by the Professional Coin Grading Service (PCGS) as a perfect specimen, is not only incredibly rare but also historically significant. It’s a must-have for any serious numismatist!
First struck in 1986, the American Silver Eagle has become the world’s most popular silver bullion coin, sought after by investors and collectors alike.
The 2016 W Burnished American Silver Eagle PCGS SP69 FS stands apart from other Silver Eagles due to its unparalleled quality and rarity. With its perfect 69 grade and full strike designation, it has been certified as one of the finest examples of this iconic coin.
History Of The American Silver Eagle
The American Silver Eagle is a beloved coin among collectors and investors alike. The coin has a rich history dating back to 1985, when Congress passed the Liberty Coin Act. This act authorized the United States Mint to produce the Silver Eagle in .999 fine silver, making it one of the most iconic coins around the globe.
The Silver Eagle was first issued in 1986, with production continuing through today. It was produced for circulation for just one year, as collectors had already grabbed them up before they made it into people’s pockets. Since then, these coins have become extremely popular in terms of investment and collection value.
The Silver Eagle is still an attractive choice for those looking to invest or add a unique piece to their collection. The burnished American Silver Eagle PCGS SP69 FS is especially desirable due to its perfect grade and beautiful finish that catches the light wonderfully. This makes it highly sought-after by collectors and investors alike.
Owning this coin would be an impressive addition to any portfolio or display case.
Minting Of The Burnished American Silver Eagle
Minting the Burnished American Silver Eagle is a complicated process, involving different steps and components.
It’s important to note that the eagle features a ‘W’ mint mark, indicating it was minted in West Point.
Additionally, the coin is graded PCGS SP69 FS, which adds to its value.
Lastly, it’s important to remember that the burnishing process gives the coin a unique matte finish.
Minting Process
Ah, the thrill of minting a beautiful Burnished American Silver Eagle! The process of creating this gorgeous coin is a true labor of love.
As a coin collecting expert, I can tell you that the minting process is meticulous and intriguing.
First and foremost, each burnished American Silver Eagle must undergo extensive inspection to ensure its quality.
The coins are then carefully polished to give them an exceptional shiny finish before they are struck with great force and heat from specialized dies.
After the coins have been struck, they are given another inspection to make sure that all details have been captured perfectly on their surfaces.
Once approved, these coins are sent off to be graded by a professional third-party grading service like PCGS for final certification.
All in all, it’s truly awe-inspiring to see how much care and attention goes into making these magnificent coins.
Mint Markings
After this rigorous process, the burnished American Silver Eagle is ready to be minted with a unique set of ‘mint marks’ – identifying symbols that signify where the coin was made.
These marks usually include the mint’s logo and corresponding year of production. Many investors look for these special markings when purchasing coins as it can add value to their collection.
The U.S Mint has been producing coins since 1792, making them one of the longest-running organizations in America. Over the years, they have released several different types of coins with various designs and mint marks.
For example, the Burnished American Silver Eagle has a large “W” mint mark stamped onto its surface which stands for West Point – the location where it was produced in 2006.
These special marks are more than just a way to identify and authenticate coins, they are also an integral part of their history – a reminder of how far coin collecting has come over the years.
The sheer beauty of these coins make them worth every penny!
Professional Coin Grading Service (Pcgs)
The American Silver Eagle coins are not only beautiful, but also highly valuable. To protect the value of these coins, collectors often seek out an expert opinion from the Professional Coin Grading Service (PCGS). This independent third-party company has been providing coin-grading services to numismatists since 1985.
When a collector brings in their coin to be graded by PCGS, they receive a descriptive label with information about the grade and any special features. A burnished American Silver Eagle is denoted with a “FS” prefix, which stands for “Burnished Finish.” Currently, there are nine different grades that can be assigned to the Burnished Silver Eagles by PCGS:
| Grade | Description |
|---|---|
| SP69 | Mint State 69 – Virtually perfect strike and surfaces with no more than two minor flaws visible upon close inspection |
| SP68 | Mint State 68 – Sharply struck with only minor imperfections visible upon close inspection |
| SP67 | Mint State 67 – Fully struck and lustrous with only a few small imperfections visible under magnification |
| SP66 | Mint State 66 – Very sharp features but may have some small contact marks or other imperfections in isolated areas of the coin’s surface. |
| SP65 | Mint State 65 – Well-struck with some slight wear on high points and some contact marks or other blemishes scattered over its surface. |
| SP64 | Mint State 64 – Fully struck but with moderate to heavy wear on the highest points of design elements. May also have several contact marks or other blemishes scattered over the surface . |
When it comes to evaluating a burnished American Silver Eagle, such as one graded “SP69 FS” by PCGS, collectors can rest assured that they are receiving an extremely valuable coin that is virtually perfect in terms of strike and surfaces—with no more than two minor flaws visible upon close inspection.
Grading System For Silver Eagles
The burnished American Silver Eagle is an impressive coin, and its grading system provides a tangible illustration of the care that goes into its production.
Back in 2006, the United States Mint released the first one-ounce silver bullion coin with a beautiful satin finish, setting off a wave of interest from collectors around the world.
The coins were graded by PCGS (Professional Coin Grading Service) and given a grade of SP69 (Specimen 69) or FS (First Strike).
This grading system is designed to provide assurance to buyers that each coin has been evaluated for its authenticity and quality, and this is reflected in its grade.
In order for a coin to receive an SP69 rating, it must have no more than two minor contact marks on its surface. It must also appear to be free from imperfections such as scratches, hairlines, planchet flaws or carbon spots when viewed under 5x magnification.
A First Strike designation indicates that the coins have been submitted within 30 days of their release date – giving them extra value in the eyes of serious collectors.
For those holding burnished American Silver Eagles, these designations offer peace of mind that they can trust the quality of their coins.
While not every coin collector may understand all the intricacies of grading systems, they can rest assured knowing that each coin has been thoroughly evaluated by experts in order to provide them with a piece they can be proud to add to their collection.
Rarity And Value Of The 2016 W Burnished American Silver Eagle Pcgs Sp69 Fs
The 2016 W Burnished American Silver Eagle PCGS SP69 FS is a highly coveted collector’s item for coin enthusiasts due to its rarity and value. This particular coin, with the ‘W’ mintmark, was made in limited quantities and struck at the West Point Mint. It has been graded as a perfect SP69 by PCGS, making it one of the rarest coins of its kind.
| Rarity | Value |
|---|---|
| Extremely Rare | Highly Valuable |
| Limited Quantities | Perfect Grading |
| Struck at West Point Mint | Collectors Item |
In addition to its rarity and perfect grading, the design of this particular coin makes it especially desirable among collectors. The obverse features Lady Liberty striding toward the sun with an olive branch in her right hand and a bundle of arrows in her left hand. The reverse depicts an eagle flying above a shield with arrows and an olive branch in its talons. These intricate details make this coin an eye-catching piece that is sure to draw attention from any collector or investor.
The 2016 W Burnished American Silver Eagle PCGS SP69 FS is truly a remarkable beauty among other coins. With such limited mintage numbers, it is no wonder that this coin has become highly sought after by collectors all over the world. Its rarity, perfect grade, and stunning design make it a truly valuable asset for anyone fortunate enough to have acquired one of these coins.
Frequently Asked Questions
What Is The Current Market Value Of The 2016 W Burnished American Silver Eagle Pcgs Sp69 Fs?
As an experienced coin collector, I’m often asked what the current market value is for a silver eagle. The 2016 W Burnished American Silver Eagle PCGS SP69 FS is no exception and its value can depend on several factors.
These include its rarity, condition, and demand from buyers. Generally speaking, this particular coin can range in price from $100 to $200 depending on these factors.
How Much Does The 2016 W Burnished American Silver Eagle Pcgs Sp69 Fs Weigh?
The weight of a coin is one of the key indicators of its worth, and that holds true for the 2016 w burnished American Silver Eagle PCGS SP69 FS.
This beauty tips scales at an impressive one ounce, making it a treasure to behold and a perfect addition to any collector’s showcase.
It’s no wonder it carries such high market value; despite its age and condition, this coin still stands as a shining example of American craftsmanship.
Are There Any Special Features Of The 2016 W Burnished American Silver Eagle Pcgs Sp69 Fs?
The 2016 W Burnished American Silver Eagle PCGS SP69 FS is a highly sought-after coin due to its unique features.
It has an extra deep, mirror-like finish that creates a stunning visual appeal, and the ‘W’ mint mark indicates it was struck at the West Point Mint.
The PCGS SP69 grade ensures that the coin is perfectly preserved with no signs of wear or damage, making it an ideal piece for both collectors and investors alike.
Is It Possible To Purchase The 2016 W Burnished American Silver Eagle Pcgs Sp69 Fs Online?
If you’ve been searching for the perfect coin to add to your collection, then your search is over!
The 2016 W Burnished American Silver Eagle PCGS SP69 FS is an absolute gem, and can be yours in no time. You don’t even have to leave home- it’s possible to purchase this beautiful coin online!
This stunning piece of history is sure to be a showstopper with its burnished finish and perfect SP69 FS grade. Don’t wait another minute- add it to your collection now!
Is It Possible To Have The 2016 W Burnished American Silver Eagle Pcgs Sp69 Fs Authenticated By Pcgs?
Yes, it is possible to have a coin authenticated by PCGS.
The Professional Coin Grading Service (PCGS) is one of the leading coin authentication and grading services in the world and provides collectors with an invaluable resource when evaluating coins.
They offer a variety of authentication and grading services including the ability to authenticate coins with the SP69 designation.
Collectors looking to have their coins authenticated should submit them to PCGS for evaluation as they provide some of the highest quality grading services available.
Conclusion
The 2016 W Burnished American Silver Eagle PCGS SP69 FS is an excellent addition to any coin collection. The current market value is impressive, and its special features make it a great investment.
It’s easy to purchase online, and authentication by PCGS ensures you’re getting what you pay for. Don’t be intimidated by the weight of the coin; it’s still manageable to handle and store.
And with the potential to appreciate over time, adding this coin to your collection can be a great way to diversify your investments. Don’t miss out on this unique opportunity – add a 2016 W Burnished American Silver Eagle PCGS SP69 FS to your portfolio today!
