The 2012-W American Silver Eagle Burnished coin is a sought-after piece in the American Silver Eagle series. This coin is notable for its burnished finish, historical significance, and its appeal to both collectors and investors. Understanding the unique features, history, and value of this coin can help you decide if it deserves a spot in your collection.
A Brief History of the Burnished Silver Eagle
The burnished version of the American Silver Eagle debuted in 2006 to celebrate the series’ 20th anniversary. Unlike its bullion and proof counterparts, the burnished Silver Eagle is produced specifically for collectors. Struck at the West Point Mint (denoted by the “W” mintmark), these coins feature a distinctive satin-like finish achieved by polishing the blanks before striking.
After a two-year hiatus from 2009 to 2010, the burnished Silver Eagles returned to production in 2011. The 2012-W version continued the tradition, capturing the attention of numismatists for its exquisite design and low mintage compared to regular bullion strikes.
Design and Features
The 2012-W American Silver Eagle Burnished coin shares the iconic design of all Silver Eagles:
- Obverse (Front): The Walking Liberty design by Adolph A. Weinman, originally used on the half dollar from 1916 to 1947. Liberty strides confidently toward the sunrise, draped in the American flag, symbolizing hope and freedom.
- Reverse (Back): A heraldic eagle designed by John Mercanti, holding an olive branch and arrows in its talons, representing peace and strength.
What sets the 2012-W apart is its burnished finish, which gives the coin a matte appearance. It also bears the “W” mintmark, indicating its West Point origin.
Mintage and Value
The 2012-W Burnished American Silver Eagle had a relatively low mintage of 226,120 coins. This scarcity, combined with its collector-specific production, enhances its value in the numismatic market.
- Circulated Condition: While burnished Silver Eagles are usually not circulated, damaged or mishandled examples may have reduced value, selling for $40 to $50.
- Mint State Condition (MS70): Coins graded MS69 or MS70 (perfect condition) by professional grading services like NGC or PCGS can fetch significantly higher prices. In MS70, these coins can be worth $90 to $120 or more, depending on demand.
Collecting Tips
- Purchase from Reputable Sources: Ensure authenticity by buying from trusted dealers or directly from the U.S. Mint.
- Consider Grading: Professionally graded coins often hold higher value and provide reassurance about authenticity and condition.
- Preservation: Store the coin in an airtight holder or capsule to maintain its burnished finish and prevent tarnishing. Avoid direct handling, as oils from your fingers can damage the surface.
Conclusion
The 2012-W Burnished American Silver Eagle is a blend of artistry, history, and investment potential. Its low mintage and unique finish make it a prized addition to any collection. Whether you’re a seasoned numismatist or a newcomer to coin collecting, this piece offers both beauty and value, embodying the timeless appeal of the American Silver Eagle series.
FAQs
What makes the 2012-W American Silver Eagle Burnished coin different from other Silver Eagles?
The 2012-W Burnished Silver Eagle has a unique satin-like finish, achieved through a special minting process.
How much is the 2012-W Burnished Silver Eagle worth?
In Mint State 70 condition, it can fetch up to $120, while lower grades may sell for around $40-$50. The coin’s scarcity and condition greatly impact its value.
Where can I buy a 2012-W Burnished Silver Eagle?
You can purchase the 2012-W Burnished Silver Eagle directly from the U.S. Mint, reputable coin dealers, or online marketplaces.