Today, June 30, 2011, the United States Mint began sales of the 2011 Proof American Silver Eagle. This concludes a busy month for US Mint products, with the release of two different 5 oz silver coins, a half ounce 24 karat gold coin, and one ounce silver medals.
The obverse of the 2011 Proof Silver Eagle features a rendition Adolph A. Weinman’s design for the Walking Liberty Half Dollar, originally issued for circulation from 1916 to 1947. The full figure of Liberty appears striding confidently towards a rising sun, with a flag draped across her shoulders and a hand outstretched. The reverse of the coin features a heraldic eagle with thirteen stars above, as designed by John Mercanti specifically for the series.
Each coin is struck in .999 fine silver and has a weight of one troy ounce. The proof finish has frosted raised design elements and a mirror like background to create a cameo effect. All coins are struck at the West Point Mint and carry the “W” mint mark.
Pricing has been established at $59.95 per coin and a household order limit of 100 coins will be imposed for the start of sales. No maximum mintage level has been specified. Orders may be placed online at http://www.usmint.gov/catalog/
Last year, the 2010 Proof Silver Eagle went on sale November 19, 2010 and sold out by December 28. Final sales reached 860,000 coins.
Previously released Proof Silver Eagles had mintages ranging from a low of 372,168 in 1994 to a high of 1,446,778 for the initial release of the series in 1986.