2020 1 oz American Silver Eagle NGC MS70
The 2020 1 oz American Silver Eagle NGC MS70 is a premium silver bullion coin from the United States Mint, graded by the Numismatic Guaranty Corporation (NGC) with a perfect score of MS70 (Mint State 70). This grading signifies that the coin is in flawless condition, making it highly desirable among collectors and investors. Here’s a detailed description of its key features and characteristics:
General Information
- Weight and Purity: The coin contains 1 ounce of 99.9% pure silver, providing a substantial amount of fine silver content.
- Minting Location: The 2020 American Silver Eagle is typically minted at the West Point Mint, known for its high-quality production of bullion coins.
- Face Value: The coin has a legal tender face value of $1, indicating its status as U.S. currency.
Design
- Obverse: The obverse features Adolph A. Weinman’s iconic “Walking Liberty” design, depicting Lady Liberty striding toward a rising sun, with an American flag draped over her shoulder. This design symbolizes freedom and hope, with inscriptions for “LIBERTY,” “IN GOD WE TRUST,” and the year “2020.”
- Reverse: The reverse displays a heraldic eagle with a shield, holding arrows and an olive branch, designed by John Mercanti. The inscriptions include “UNITED STATES OF AMERICA,” “1 OZ. FINE SILVER,” and “ONE DOLLAR.”
Grading and Certification
- NGC MS70: The NGC MS70 grading indicates that the coin is in perfect Mint State condition, with no visible flaws or imperfections. This grading adds significant value to the coin, making it a top choice for collectors.
- Label and Authentication: The NGC grading label provides authentication and certification details, confirming the coin’s grade and other relevant information. This label offers assurance regarding the coin’s quality and condition.
Collector Appeal
- American Silver Eagle Series: The American Silver Eagle series is one of the most popular silver coins globally, known for its iconic design and connection to American culture.
- Perfect Condition: The MS70 grading signifies that the coin is in pristine condition, enhancing its appeal among collectors seeking the best quality.
- Limited Mintage: While bullion coins are produced in large quantities, the perfect grading and certification add a layer of exclusivity and collectibility.
Investment Potential
- High Silver Content: With 1 ounce of fine silver, the coin offers a solid investment in precious metals. The MS70 grading may also command a premium in the market.
- Market Recognition: The American Silver Eagle series is widely recognized, ensuring broad demand and liquidity.
- Legal Tender: As a legal tender coin, it is backed by the U.S. government, providing additional credibility and security.
Preservation and Storage
- Protection: To maintain its perfect condition, the coin should be kept in its original protective capsule or slab. This helps prevent scratches, smudges, or other damage.
- Storage: Store the coin in a cool, dry environment to prevent tarnishing or discoloration. Minimal handling is recommended to preserve its pristine condition.
The 2020 1 oz American Silver Eagle NGC MS70 is a premium silver coin with a perfect Mint State grade. Its iconic design, high silver content, and flawless condition make it an excellent addition to any coin collection or precious metals portfolio. The coin’s connection to American culture and the perfect NGC grading further enhance its appeal among collectors and investors.
