The 2004-W American Silver Eagle Proof is a highly sought-after coin among collectors due to its unique design and exceptional quality. Minted by the United States Mint at the West Point facility, this one-ounce silver coin stands out for its mirror-like finish and intricate details. In this guide, we’ll dive into the key features of the 2004-W American Silver Eagle Proof, explore its market value, and examine its design elements.
What is the 2004-W American Silver Eagle Proof?
The 2004-W American Silver Eagle Proof is a special version of the American Silver Eagle coin, produced at the West Point Mint. Unlike the regular bullion coins, this Proof version has a W mintmark and is known for its superior finish. It was first issued at a price of $27.95, higher than previous years’ Proofs. The coin’s high-quality finish gives it a shiny, mirror-like appearance, making it a prized addition to any collection.
Value of the 2004-W American Silver Eagle Proof
Currently, the 2004-W American Silver Eagle Proof is valued between $55 and $60 if it is still in its original government packaging. Its value depends on the coin’s condition and grading. Out of the 801,602 coins minted, about 55,040 have been graded. Coins graded as Proof 70 are generally worth more than Proof 69 coins. In the past, Proof 70 coins sold for around $120 in 2014, while Proof 69s were priced at approximately $65. Today, both grades are more balanced in value, though coins with signature labels can fetch higher prices.
Market Data and Notable Examples
Here are some recent sales for the 2004-W American Silver Eagle Proof:
- NGC PF70UCAM #6080747-064: Sold on eBay for $219.12 on August 5, 2024, with a John Mercanti signature label.
- PCGS PR70DCAM #29218255: Sold for $74 on eBay on August 4, 2024.
- NGC PF70UCAM #4397939-124: Sold for $199 on eBay on August 4, 2024, featuring an Edmund Moy signature label.
- PCGS PR70DCAM #29632616: Sold for $108 on eBay on August 4, 2024.
- NGC PF70UCAM #6090805-008: Sold for $97 on eBay on July 27, 2024.
These prices show how signature labels and coin condition affect the value of this Proof coin.
Design Features
Obverse
The obverse side of the coin features Lady Liberty, designed by Adolph A. Weinman. She is shown walking gracefully, wrapped in an American flag and holding laurel and oak branches, symbolizing American achievements. The design closely resembles the French coin “The Sower” by Oscar Roty. It also includes the motto “IN GOD WE TRUST” and the year 2004.
Reverse
The reverse side, designed by John Mercanti, displays the Heraldic Eagle. The eagle holds a ribbon with the motto “E PLURIBUS UNUM” in its beak. Above the eagle are 13 stars arranged in an upside-down pyramid. The inscriptions “UNITED STATES OF AMERICA” and “1 OZ. FINE SILVER. ONE DOLLAR” are featured on the top and bottom, respectively.
Edge
The coin has a reeded edge, which is typical for American Silver Eagle coins and adds to its distinctive appearance.
Coin Specifications
- Year of Issue: 2004
- Mintage: 801,602
- Mintmark: W (West Point)
- Alloy: 99.9% silver
- Weight: 31.1 g
- Diameter: 40.6 mm
- Edge: Reeded
- Obverse Designer: Adolph A. Weinman
- Reverse Designer: John M. Mercanti
The 2004-W American Silver Eagle Proof is a standout coin in the world of numismatics. Its high-quality design, historical significance, and fluctuating value make it a valuable addition to any collection. Collectors admire its detailed craftsmanship and the iconic images of Lady Liberty and the Heraldic Eagle. As market trends evolve, this coin remains a prized piece for enthusiasts and collectors.
1. What is the 2004-W American Silver Eagle Proof?
The 2004-W American Silver Eagle Proof is a one-ounce silver coin with a mirror-like finish, minted at the West Point facility with a W mintmark.
2. How much is the 2004-W American Silver Eagle Proof worth today?
The coin is generally valued between $55 and $60 if in its original packaging, with higher values for coins in better condition or with signature labels.
3. What are some notable features of the 2004-W American Silver Eagle Proof?
It features Lady Liberty on the obverse and the Heraldic Eagle on the reverse, with a reeded edge and a high-quality, mirror-like finish.
4. How many 2004-W American Silver Eagle Proof coins were minted?
A total of 801,602 coins were minted in 2004.
5. What factors influence the value of the 2004-W American Silver Eagle Proof?
Value is influenced by the coin’s condition, grading, and any additional features such as signature labels.