The 1990-S American Silver Eagle Proof is a prized addition to the American Silver Eagle series, which has captivated coin collectors since its inception in 1986. This proof coin, minted in San Francisco, stands out for its exquisite design, mirror-like finish, and collectible appeal. Whether you are a seasoned numismatist or a new enthusiast, the 1990-S Silver Eagle Proof deserves a closer look for its beauty, history, and value.
Background of the American Silver Eagle Program
The American Silver Eagle program was launched in 1986 by the U.S. Mint as part of the Liberty Coin Act. The coin’s obverse features the iconic Walking Liberty design by Adolph A. Weinman, first introduced on the half dollar in 1916. The reverse, designed by John Mercanti, depicts a heraldic eagle clutching an olive branch and arrows, symbolizing peace and strength.
Silver Eagles were initially introduced as bullion coins for investment purposes, but proof editions soon followed. These proofs are minted to exceptional standards, with frosted designs set against a polished, mirror-like background, making them highly desirable for collectors.
1990-S American Silver Eagle Proof Details
- Mint Mark: “S” for San Francisco
- Composition: 99.9% pure silver
- Weight: 1 troy ounce
- Diameter: 40.6 mm
- Mintage: Approximately 695,510 proof coins minted
The 1990-S proof coin was struck with meticulous attention to detail at the San Francisco Mint. Its striking mirror-like surfaces and frosted relief showcase the artistry of the American Silver Eagle design. The proof coin also features the “S” mint mark, identifying its San Francisco origin.
Collectibility and Value
The 1990-S Silver Eagle Proof holds a special place in the hearts of collectors for several reasons. First, it represents an early year in the series, which adds historical significance. Additionally, its relatively low mintage compared to later years contributes to its collectibility.
- Grading: The value of a 1990-S proof is highly dependent on its grade. Coins graded PR69 (Proof 69) by professional grading services like PCGS or NGC are widely available and affordable for most collectors. However, coins graded PR70 (Proof 70)—a perfect grade—command significantly higher premiums due to their flawless condition and scarcity.
- Packaging: When buying a 1990-S proof, it’s essential to ensure it comes with its original U.S. Mint packaging, including the protective case, velvet presentation box, and Certificate of Authenticity (COA). These elements enhance the coin’s appeal and value.
Market Trends
The 1990-S Silver Eagle Proof has consistently remained a favorite among collectors. While its value may not rival rare coins or low-mintage bullion, its combination of aesthetic beauty, silver content, and historical significance make it a worthy investment.
Prices for a 1990-S Silver Eagle Proof typically range from $70 to $120 for coins in PR69 condition. Perfectly graded PR70 examples can sell for $300 or more, reflecting the demand for top-tier coins.
Tips for Collectors
- Authenticate the Coin: Be cautious of counterfeits and buy only from reputable dealers or auctions.
- Check Packaging: Original Mint packaging adds authenticity and collectible value.
- Consider Grading: Professionally graded coins provide confidence in the coin’s authenticity and condition.
Conclusion
The 1990-S American Silver Eagle Proof is an essential piece for collectors of the Silver Eagle series. Its stunning design, historical importance, and consistent market value make it an excellent addition to any collection. Whether you collect for beauty, history, or investment, this coin embodies the artistry and craftsmanship of the U.S. Mint, standing as a timeless reminder of American pride and heritage.
FAQs
What makes the 1990-S American Silver Eagle Proof unique?
The 1990-S American Silver Eagle Proof stands out for its San Francisco mint mark, exquisite proof finish, and its position as an early year in the Silver Eagle series, making it a desirable collectible.
How much is a 1990-S American Silver Eagle Proof worth?
The value ranges from $70 to $120 for PR69 graded coins, while PR70 examples can sell for $300 or more, depending on market demand and condition.
What should I look for when buying a 1990-S American Silver Eagle Proof?
Ensure the coin comes with its original U.S. Mint packaging, including the velvet box and Certificate of Authenticity, and consider buying professionally graded coins for assurance of authenticity and condition.