Key Features:
- Obverse:
- The obverse features Adolph A. Weinman’s Walking Liberty design, originally used on the Walking Liberty Half Dollar (1916–1947). Lady Liberty is depicted striding toward the rising sun, draped in the American flag, with the word “LIBERTY” above, “IN GOD WE TRUST” to the right, and the date “2012” below.
- Reverse:
- The reverse displays John Mercanti’s heraldic eagle design. The eagle, with a shield on its chest, holds an olive branch and arrows in its talons. Above the eagle are 13 stars representing the original colonies. The inscriptions include “UNITED STATES OF AMERICA”, “1 OZ. FINE SILVER”, and “ONE DOLLAR.”
- Reverse Proof Finish: The reverse proof finish inverts the traditional proof style, featuring frosted fields and mirrored design elements, creating a striking visual effect.
- Mintmark: “S” for the San Francisco Mint.
Grade:
- PCGS PR70 (Perfect Grade):
- A grade of PR70 means the coin is flawless under magnification. Its pristine surfaces, sharp details, and stunning reverse proof finish make it highly desirable to collectors.
- Special Label: Coins from this set may include a special PCGS label denoting the 75th Anniversary San Francisco Mint Set, enhancing its collectibility.
Historical Context:
- 75th Anniversary of the San Francisco Mint:
- This coin was issued as part of a two-coin set commemorating the 75th anniversary of the San Francisco Mint’s modern operations (1937–2012). The set included a traditional proof Silver Eagle and this reverse proof Silver Eagle, both bearing the “S” mintmark.
- American Silver Eagle Series:
- The ASE series, first issued in 1986, is the official silver bullion coin of the United States. The reverse proof finish, introduced in 2006, is reserved for special issues, making this 2012-S release particularly notable.
Mintage & Rarity:
- Mintage:
- The 2012-S Reverse Proof Silver Eagle had a limited mintage as part of the special two-coin set. While exact figures are lower than standard bullion issues, its availability is constrained by its commemorative nature and demand among collectors.
- Rarity in PR70:
- Coins graded PR70 are rare and command a significant premium due to their perfect condition.
Conclusion:
The 2012-S $1 American Silver Eagle PCGS Reverse Proof PR70 from the 75th Anniversary San Francisco Mint Set is a visually striking and historically significant coin. Its perfect grade, unique finish, and limited production make it a prized addition for collectors and investors.
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