The 2012-S American Silver Eagle Reverse Proof is a stunning and highly sought-after coin in modern numismatics. Struck to commemorate the 75th anniversary of the San Francisco Mint, this coin combines historical significance, aesthetic beauty, and rarity, making it a prized piece for collectors. In this guide, we’ll delve into the history of the coin, its unique features, and tips for collectors looking to add it to their collection.
History of the 2012-S American Silver Eagle Reverse Proof
The American Silver Eagle series began in 1986 and quickly became the U.S. Mint’s most popular bullion coin. Struck from one ounce of .999 fine silver, these coins are known for their iconic design and intrinsic value. In 2012, the U.S. Mint released a special two-coin set to honor the 75th anniversary of the San Francisco Mint, which had played a pivotal role in American coinage since its founding in 1937.
The set included a traditional proof Silver Eagle and the 2012-S Reverse Proof Silver Eagle, the latter being the centerpiece of the collection. Reverse proof coins, first introduced in the series in 2006, feature a mirrored design with frosted fields and polished devices, giving the coin a unique and captivating appearance. This design choice sets the Reverse Proof apart from the traditional proof and uncirculated versions of the Silver Eagle.
Design and Features
The 2012-S Reverse Proof Silver Eagle maintains the classic design that has made the series so iconic. The obverse features Adolph A. Weinman’s Walking Liberty design, first introduced on the half dollar in 1916. Liberty strides toward the sunrise, draped in the American flag, carrying branches of oak and laurel, symbolizing strength and victory.
The reverse, designed by John Mercanti, showcases a heraldic eagle with a shield, clutching arrows and an olive branch in its talons. Above the eagle are 13 stars, representing the original colonies.
Rarity and Value
The 2012-S Reverse Proof Silver Eagle is particularly desirable due to its low mintage and unique design. As part of a special anniversary set, it appeals to both Silver Eagle enthusiasts and collectors of commemorative coins.
As of today, the coin’s value depends on its condition and certification. Examples graded PR-69 or PR-70 (the highest grades) by Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC) can fetch anywhere from $300 to $800, with premiums for flawless coins or coins in their original packaging.
Tips for Collectors
- Certification is Key: Look for coins that have been graded and authenticated by PCGS or NGC. Certified coins ensure authenticity and give a clear indication of the coin’s quality.
- Preserve Original Packaging: If you own the complete 75th Anniversary Set, including the 2012-S Reverse Proof and Proof coins, keep them in their original mint packaging. This enhances their value and appeal to collectors.
- Consider Market Trends: The value of the 2012-S Reverse Proof Silver Eagle has steadily risen due to its rarity. Keep an eye on the market for opportunities to buy at a fair price or sell for a profit.
Conclusion
The 2012-S American Silver Eagle Reverse Proof is a testament to the beauty and craftsmanship of modern U.S. coinage. Its combination of historical significance, exquisite design, and limited mintage make it a must-have for serious collectors. Whether you’re drawn to its artistry or its investment potential, this coin is a shining example of why the American Silver Eagle series continues to captivate collectors worldwide.
FAQs
What is a Reverse Proof Silver Eagle?
A Reverse Proof Silver Eagle features a mirrored design with frosted fields and polished devices, offering a striking contrast compared to traditional proof coins.
How much is the 2012-S Reverse Proof Silver Eagle worth?
Depending on its condition and certification, this coin’s value ranges from $300 to $800, with higher premiums for flawless examples.
Why is the 2012-S Reverse Proof Silver Eagle so collectible?
Its limited mintage of 224,981 and its special release to commemorate the San Francisco Mint’s 75th anniversary make it a rare and desirable item for collectors.