What Is Different About The New Look Silver Eagle Coin?
Liberty, enveloped in the American Flag’s folds, in full walk, with right hand extended, and holding oak and laurel branches in her left, is featured on the American Eagle Silver Coins obverse. Minted on specially varnished blanks, the American Eagle Uncirculated Coins have a finish similar to their bullion opposite numerals, but possess the “W” strike mark, confirming their creation at the U. S. Mint located at West Point. Each coin is encompassed in protecting plastic and placed in a blue presentation case accompanied by a Certificate of veracity signed by the Director of the US Mint, Edmund C Moy.
In order to allow alterations in the planning of the American Eagle Silver Coins, the U. S. Mint has to make a new hub. To fashion new dies, a hub that contains an image that is raised, or contains a relief of the design of the coin, is impressed into the steel. Dies are used in the particular striking of coins, as they have an image of the design of the coin which is incused.
This year, NGC believes, the US Mint transitioned from standard engraved hubs made of reducing a hand engraved galvano to laser engraved hubs.
In the transition process, infrequently called rehubbing, several design changes were made with a stress on the lettering on both sides of the coin.
The letters on the 2008 Silver Eagle are taller and skinnier, filling the fields much more than in prior years. On the reverse side of the coin, one of the differences that is very clear, from previous years, is found above the eagle in the stars.
Obviously, the 2008 issue wasn’t the only time we had seen changes in style. The most obvious change is the change from the glossy surface used early in the series to the matte finish used today. Even though the coins have similarities from year to year, it is great for collectors to know that they can predict small changes that can only be noticed by a consultant.
Be highly aware of counterfeits when investing in American Eagle Silver Coins. Both Authorized Collectibles Group / NGC VP Scott Schechter and PCGS President Don Willis claimed authentication services have bought counterfeit coins and dies for study and to eliminate them from the market. Both companies have been putting effort to getting rid of false auction lists; however both have also witnessed an increase in the amount of counterfeit coins remitted to them. NGC has started sending notices with returned counterfeits reminding submitters it is unlawful to sell fakes or duplicates that don’t have the word “copy,” and PCGS will send similar notification to submitters.
Recently, a large number of counterfeit coins have entered the U. S. from China. They are famous for putting out false designer goods, so I guess it should come as no shock that they have invested effort into the collectible coin market too. The best prevention for false coins is to gain expertise about collectible, rare and valuable coins so that you have the arsenal to recognize a fake at once.
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