Always favored by collectors, the United States Mint releases the 2024-S Proof American Silver Eagle today at noon EDT. This continues the U.S. Mint’s practice of offering proof quality American Silver Eagles struck at the San Francisco Mint, similar to the even more popular West Point Mint-produced version released earlier this year.
The 2024-S Proof Silver Eagle is made from one ounce of 99.9% silver and is available without announced limits, aside from the initial household order limit of 25 that lasts for the first 24 hours of sale.
"Struck at the United States Mint at San Francisco, the classic Walking Liberty design by Adolph A. Weinman featured on the coin’s obverse has long been a collector favorite," describes the U.S. Mint’s website page dedicated to the coin. "Thanks to technological advancements in design and minting, these coins reveal some of Weinman’s original details that were not previously possible."
American Silver Eagles have been well-regarded by collectors since their debut in 1986, when they were introduced in both bullion and proof versions. In particular, Weinman’s imagery on the coins’ obverses, first featured on 1916-1947 half dollars, has long been admired. In 2021, the U.S. Mint used its historical artifacts and modern technology to refresh the design to more closely resemble Weinman’s original vision. This updated design, paired with a new 2021 reverse design, is still present on the 2024 coins.
Updated Pricing
The coin’s price had originally been planned at $80. However, in July, the U.S. Mint announced across-the-board price increases for their silver products. As a result, today’s offering is priced at $95, which will dampen some collectors’ enthusiasm for buying.
Design of American Silver Eagle Proof Coin
As mentioned, the classic Walking Liberty design by Adolph A. Weinman appears on the obverse of each new coin. Liberty is shown in full stride, enveloped in folds of the flag, with her right hand extended and branches of laurel and oak in her left. The inscriptions are "LIBERTY," "IN GOD WE TRUST," and "2024."
The reverse (tails side) features a depiction of an eagle approaching a landing while carrying an oak branch. This design was created by United States Mint Artistic Infusion Program Designer Emily Damstra, with United States Mint Medallic Artist Michael Gaudioso responsible for sculpting it. This design first appeared in 2021, replacing the eagle image by John Mercanti that had been on the Silver Eagle series since its launch in 1986. The reverse side also includes inscriptions that read: "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," "1 OZ. FINE SILVER," and "ONE DOLLAR."
A reeded variation appears on the edge of each coin as an anti-counterfeit measure.
Coin Specifications
| Denomination: | $1 |
| Composition: | 99.9% Silver |
| Weight: | 1.000 troy oz. (31.103 grams) |
| Diameter: | 1.598 inches (40.60 mm) |
| Edge: | Reeded |
| Mint and Mint Mark: | San Francisco – S |
Ordering
2024-S Proof American Silver Eagles can be ordered by visiting the U.S. Mint’s online page dedicated to American Eagle coins.
Each coin is encapsulated and placed in a black velvet, satin-lined presentation case, accompanied by a certificate of authenticity.
Does anyone out there have “First” hand knowledge of how slabbed prices will or might vary? I noticed that a “2024-W Proof $1 American Silver Eagle PCGS PR70DCAM FS(First Strike) Flag Label” can be purchased for just, $119.95.(FREE Shipping)The listings I’ve seen for the “S” Mint marked version, are currently priced at $139.95-$145. The “W” version for $119.95 appears to be a pretty good price, since an ungraded version can be p/u mint direct, for $100.95, including shipping, US mint direct. Unless you subscribed or have qualified for the Mints “Loyalty” program, of course. Question, should we expect or will… Read more »
I never receive first strike, PF70, cameo coins. That’s for the favored bulk dealers.
Antonio,
The Bulk Buyers must scan truckloads of coins to skim off the Deep Cameo Proofs.
Didn’t you just argue it was much better to get RCM?
Just my opinion Cali,
I think there are no white PCGS First Strike labels. The exception would be those special labels with a signature, the Air Force, and those ‘Struck At’ labels. However the 2 latter labels have a colored bar(25%) at the top.
The label that you posted above is a faded label(7 yrs). There’s some leftover blue ink on the top, L&R perimeters–Take a look below–Same exact coin as above, just bigger.
https://i.ebayimg.com/images/g/oQwAAOSwbvVmomLV/s-l1600.webp
From what I can tell all std versions of the Silver Eagles are available to be purchased by the Numi-bulk buyers, much to the chagrin of the US Mint & TPG deniers around here. I don’t think that they get white FS, or any white labels? I’ve never seen a white First Strike Label. They are blue at the top–blended/faded to white at the bottom(currently).. The bulk buyers pay $14 per coin to be graded, cheaper than a regular Joe(me). The bulk buyers pay $18 per coin for First Strike designation, no cheaper than Joe/me. What is not known (to… Read more »
CaliSkier,
Remember, one of our watchwords here these days is “Buy the coin, not the label.”
I’ve given up on all the ASE’s, proof and and unc sets. No commemoratives for past few years….. only way to afford the Morgan and Peace.
Morgan and Peace Dollars round two. Next the Mint will start minting flowing hair, draped bust and seated liberty coins. LOL. 😀
Antonio,
Indeed, and on an annual basis. Each of these archival coin replicas will be released in Uncirculated, Proof and Reverse Proof varieties, not to mention in Special Combination Sets which will naturally be housed in Red Oak Clamshells.