2024 1 OZ AMERICAN SILVER EAGLE NGC MS70 FIRST DAY OF ISSUE

Description

• Metal Content: Contains 1 troy ounce of .999 fine silver.
• Grading: Certified as MS70 (Mint State 70), which is the highest grade available, indicating that the coin is in perfect condition with no post-production imperfections visible under 5x magnification. This grade is coveted by collectors for its representation of perfection in coin quality.
• Certification:
  • First Day of Issue (FDI): This designation means the coin was submitted to NGC for grading within 24 hours of its release by the U.S. Mint. First Day of Issue coins are particularly sought after because they are among the earliest struck from new dies, often resulting in coins with sharper details and deeper mirror-like surfaces.
• Design:
  • Obverse: Features Adolph A. Weinman’s iconic “Walking Liberty” design, showing Lady Liberty striding confidently towards the sunrise, symbolizing freedom and progress. She’s draped in the American flag and holds branches of laurel and oak.
  • Reverse: Since 2021, this side has showcased a new design by Emily Damstra, depicting an eagle coming in for a landing with an oak branch in its talons, symbolizing peace and strength. The inscriptions include “E PLURIBUS UNUM”, “UNITED STATES OF AMERICA”, “1 OZ. FINE SILVER”, and “ONE DOLLAR”.
• Packaging: Typically, these coins are encased in an NGC holder, often with a special label indicating its First Day of Issue status, which adds to its collectibility.
• Availability and Price: Such high-grade, first-day issue coins are highly sought after by collectors, leading to higher premiums over the silver spot price due to their rarity, quality, and the prestige of the certification. They can be found through various dealers like GovMint.com, ModernCoinMart, or through online auctions and coin shows.
• Significance: The combination of the MS70 grade with the First Day of Issue status makes this coin one of the most desirable in the American Silver Eagle series for collectors. It represents both an investment in silver and a piece of numismatic history, given its perfect condition and the limited number certified on the first day of release.