2017 W Proof American Silver Eagle
The 2017-W Proof American Silver Eagle is a modern classic for coin collectors. It’s not only one of the most popular coins among today’s collectors, but it also has a timeless design that appeals to all audiences.
As a coin collector myself, I’ve always been drawn to this particular coin and its many variations over the years.
In this article, I’ll be discussing the details and history of this iconic 2017-W Proof American Silver Eagle, as well as offering some tips on collecting them.
From spotting counterfeit coins to understanding the grading scale, I’ll provide an overview of everything you need to know about this remarkable coin.
Design And History Of The 2017-W Proof American Silver Eagle
The 2017-W Proof American Silver Eagle is a stunning example of modern coin craftsmanship, an iconic symbol of the United States of America. Its design features a proud eagle with outstretched wings on one side, and a classic representation of Lady Liberty on the other.
Minted from 99.9% pure silver, this collectible truly stands out amongst its peers. Collectors have been enamored by the Proof American Silver Eagle since its introduction in 1986. The coins were initially produced at the San Francisco mint and featured the ‘S’ mintmark, but after 2001 they were moved to West Point and denoted by the ‘W’ mintmark.
Each successive year has seen minor changes in the design, making each edition unique and highly sought after. The 2017-W Proof American Silver Eagle was released in January 2017 as part of an annual series that remains one of the most popular among numismatists around the world.
An impressive combination of beauty and value, it’s sure to be cherished for many generations to come.
Spotting Counterfeit Coins
When it comes to spotting counterfeit coins, visual characteristics are key. You should look for any discrepancies in the design of the coin, like any distortion or fading of the image.
Weight is also a good indicator, as counterfeit coins tend to be a few grams lighter than genuine ones.
Another handy tip is to test the coin’s magnetic properties. If a genuine coin is attracted to a magnet, it’s likely a fake.
Remember, counterfeiters are getting better at making coins, so be sure to check all the above when examining American Silver Eagles.
Visual Characteristics
When it comes to spotting counterfeit coins, one of the most important visual characteristics to examine is the silver content.
A proof American Silver Eagle should always have a brilliant, almost mirror-like finish that has no signs of wear and tear.
The images on the coin should be quite sharp with no blurriness around the edges.
I’m always looking for any kind of inconsistencies in the design to make sure it’s genuine.
Additionally, I always check for any imperfections in the metal that could indicate counterfeiting.
Lastly, I check for authenticity from reputable dealers to ensure authenticity before purchasing.
With these steps, you can rest assured you’re buying a genuine proof American Silver Eagle coin.
Weight
Weight is another important factor to consider when spotting counterfeit coins. A genuine proof American Silver Eagle will weigh in at 1 troy ounce, or 31.103 grams. Any discrepancies from this weight could indicate that the coin is not genuine, so it’s important to pay attention to this detail and double check the weight before making a purchase.
I always make sure that the weight of the coin matches what is expected for an authentic silver eagle coin. Furthermore, I’ll inspect both sides of the coin to make sure there are no irregularities in the weight distribution. That way, I can be confident that my collection only includes genuine coins with accurate weights.
Magnetic Properties
In addition to weight, I also pay close attention to the magnetic properties of the coin. Some counterfeit coins may contain a small amount of iron or steel, which can alter the coin’s magnetic field. If this is the case, the coin will be slightly attracted to a magnet when placed near one.
Genuine silver coins should not show any signs of being magnetically affected. To test this, I always carry a magnet with me when shopping for coins. When evaluating a potential purchase, I’ll hold it up to a magnet and see if there is any attraction between them.
If there is, then that’s a clear sign that the coin isn’t genuine and I won’t proceed with the purchase. Making sure that the coin doesn’t have any magnetic properties is an essential part of spotting counterfeits and preserving my collection’s integrity.
Grading Scale For The 2017-W Proof American Silver Eagle
The 2017-W Proof American Silver Eagle coins are a highly sought after piece of numismatic history. As such, it is important to understand the grading scale used in its evaluation so that collectors can accurately assess the condition of their coin.
When evaluating the 2017-W Proof American Silver Eagle, there are several key factors that must be taken into account. These include: strike, luster, eye appeal, marks and scratches, toning, surface preservation and overall appearance. The following table provides an overview of each grade point and its corresponding description:
Grade | Description |
---|---|
MS70 | Perfect Uncirculated Condition |
MS69 | Near Perfect Uncirculated Condition |
MS68 | Choice Uncirculated Condition |
MS67 | Very Choice Uncirculated Condition |
MS66 | Choice Uncirculated with Minor Imperfections |
In order to determine the grade of a 2017-W Proof American Silver Eagle coin, experienced collectors will often use a 10x loupe to examine its details. When using this tool it is important to remember that each grade can have slight variations and should be considered relative to the overall condition of the coin. With this knowledge in hand, any collector can accurately determine the grade of their 2017-W Proof American Silver Eagle coin and make informed decisions regarding its value.
Buying And Selling 2017-W Proof American Silver Eagles
Pricing for the 2017-W Proof American Silver Eagles can vary depending on the condition and grade of the coin.
Grading and authentication of the coins is an important factor when it comes to buying and selling these coins.
Availability of the coins can be a challenge, and knowing the mintage numbers can help give an indication of rarity.
An investment strategy and understanding of current trends in the precious metals market can help buyers and sellers maximize their profits.
Pricing
When it comes to buying and selling 2017-W Proof American Silver Eagles, pricing is a major factor.
As a coin collecting expert, I can tell you that these coins are highly sought after and demand a high price when sold.
The current market value for such coins ranges from $45 – $200, depending on their condition and grade.
This range may increase or decrease, so it’s important to keep up with the latest news in the numismatic world if you want to get the best deal when buying or selling one of these coins.
It’s also worth noting that certified coins tend to fetch higher prices than those without certification.
Investing in 2017-W Proof American Silver Eagles is definitely a wise decision, as they are sure to retain their value over time.
Grading
Grading is an important factor to consider when it comes to buying and selling 2017-W Proof American Silver Eagles.
A coin’s grade will determine its value, so it’s important to know how coins are graded.
Generally, coins are graded on a scale from 1-70, with 70 being the highest quality.
Coins with higher grades tend to be more valuable and sought after.
For instance, a 2017-W Proof American Silver Eagle in mint condition would have a grade of 70, making it much more valuable than one with a lower grade.
It’s also worth noting that certified coins may fetch higher prices than those without certification, as the grading process provides assurance of their quality for potential buyers.
Investing in 2017-W Proof American Silver Eagles is a great way to add value to your portfolio.
Collecting Tips For The 2017-W Proof American Silver Eagle
Collecting the 2017-W Proof American Silver Eagle is an exciting venture for any coin enthusiast. As the saying goes, ‘A penny saved is a penny earned,’ and that certainly applies to collecting coins.
Here are some tips that will help you get the most out of your collection.
To start, it’s essential to do your research. Before you buy, make sure you know what kind of condition the coin should be in before you purchase it.
Check out online forums and review websites to get information from other collectors who have experience with this series of coins.
Finally, if you’re looking for a great way to display your collection, consider investing in a custom display case or frame that will really showcase your pieces.
Investing in a quality holder or case can protect your coins from damage and ensure they remain in pristine condition for years to come.
Frequently Asked Questions
How Much Does A 2017-W Proof American Silver Eagle Cost?
Proof American Silver Eagles are an incredibly popular coin amongst collectors, and the 2017-W Proof American Silver Eagle is no exception.
This particular coin has been highly sought after due to its limited mintage and pristine condition.
Generally, these coins can range anywhere from $60 up to $300 depending on the grade of the coin.
For example, a MS70 grade 2017-W Proof American Silver Eagle will typically cost more than a lower-grade coin.
In any case, these coins are an excellent addition to any collection and are sure to appreciate in value over time.
What Is The Best Way To Store 2017-W Proof American Silver Eagles?
Coin collecting has long been a popular hobby, and it’s no wonder why – coins are small pieces of history that can become highly valuable over time.
2017-w proof American Silver Eagles are no exception, and storing them correctly is essential to ensure their value. The best way to store them is in a coin album or folder; this will provide protection from dust and other environmental factors, while also allowing you to easily keep track of your collection.
Additionally, for added security, you can use plastic holders; these will help protect against scratches and dents which could reduce the coin’s value. Finally, make sure to store the coins in a dry place at room temperature; this will help maintain their condition for years to come.
What Is The Mintage Of The 2017-W Proof American Silver Eagle?
Proof American Silver Eagles are some of the most sought-after coins in the world, and the 2017-w version is no exception.
The mintage of this particular coin is quite low, with only 146,892 minted in total.
This figure is significantly lower than other years’ issues, making it a great piece for collectors to add to their portfolios.
How Can I Find Reliable Sellers Of 2017-W Proof American Silver Eagles?
If you’re looking to buy 2017-w proof American Silver Eagles, the best bet is to find reliable sellers.
You want to make sure that the coins you’re buying are authentic and in excellent condition, so it’s important to research your seller thoroughly before making a purchase.
Look for feedback from other buyers, check out any certifications or qualifications they may have, and ask questions about their policies for returns and refunds.
Doing your homework ahead of time will help ensure you get quality coins from a reputable dealer.
Are There Any Other Versions Of The 2017-W Proof American Silver Eagle?
The 2017-w proof American Silver Eagle is a popular coin for collectors due to its striking beauty and high collectible value.
However, there are also other versions of this coin available, including the burnished and reverse proof coins.
These coins feature a different finish than the traditional proof version, making them attractive to many collectors.
The burnished coin has an ‘uncirculated’ finish, while the reverse proof has a mirror-like surface with frosted designs.
Both coins have limited mintage numbers and can be quite difficult to come by, so it’s important to do your research before purchasing one of these rare coins!
Conclusion
As a coin collecting expert, I have to say that the 2017-W Proof American Silver Eagle is an incredible addition to any coin collector’s portfolio. Its mintage of only 170,000 coins makes it a rare and valuable find. It is also a great investment for its future potential.
The best way to store this precious coin is by using padded cases or coin folders with acid-free paper. With reliable sellers available, finding this unique silver coin should not be too difficult.
All in all, the 2017-W Proof American Silver Eagle is one of the most sought after coins around!