No individual coin is more popular with investors than the American Silver Eagle. The official silver bullion coin of the United States, the Silver Eagle has been available to investors in 1 oz silver with the same iconic designs each year since 1986. The 2020 release of the coin saw such an intense surge in demand by March that the Philadelphia Mint was pressed into service to provide emergency coining capacity for the series. Now, 2020-P 1 oz American Silver Eagle coins in perfect condition are available to purchase online from JM Bullion.
Coin Highlights:
- Arrives inside of a protective plastic slab courtesy of the PCGS!
- 35th year for the 1 oz American Silver Eagle coin!
- Limited availability of certified perfect coins!
- Contains 1 Troy oz of .999 pure silver.
- Issued a face value of $1 (USD) by the United States.
- Bears a Grade of Mint State 70 from the Professional Coin Grading Service.
- First Day of Issue Flag Label.
- Walking Liberty on the obverse of the coins.
- Heraldic eagle of the United States on the reverse of the coins.
- Emergency Issue American Silver Eagle produced at the Philadelphia Mint!
2020 was off to a slow start in terms of demand for the American Silver Eagle through January and February. In fact, February sales were among the lowest experienced in a single month in recent years for the program. However, a series of factors led to a massive surge in demand for the American Silver Eagle in March.
This intense surge resulted in the West Point Mint running out of on-hand American Silver Eagles to provide to authorized dealers for investors to purchase. On top of growing demand, the West Point Mint was forced to shut down. To meet the continued demand for 2020 American Silver Eagles, the Philadelphia Mint stepped in to provide emergency coining capacity to keep the coins rolling out to the public.
Walking Liberty features on the obverse of all 2020 American Silver Eagle coins. Her figure is captured in left-profile relief as she walks toward the sun on the horizon. She carries the branches of oak and laurel in her left hand with the American flag over her shoulders.
The heraldic eagle of the United States is on the reverse of the 2020-P 1 oz American Silver Eagle coin. In this design, John Mercanti depicts a powerful eagle with the US national shield, arrows of war, and the olive branch of peace. 13 stars are arranged in a triangular cluster above Liberty’s head to honor the original 13 colonies that formed the United States of America.
These 2020-P 1 oz American Silver Eagle Coins are available in perfect condition according to the PCGS. Mint State 70 coins showcase full, original mint luster and no detracting flaws. The First Day of Issue designation denotes these coins as having arrived for grading within 24 hours of being issued by the mint.
Please note that these coins do not have a “P” mint mark from the Philadelphia Mint. However, you will find a label in the slab that reads “Struck at Philadelphia” and “Silver Eagle – Emergency Issue.”
JM Bullion customer service is available at 800-276-6508. We are also available online through our live chat and email address features.