iD magazine

Rush Production of U.S. Silver Dollars Creates 2nd Lowest Mintage in History


One of the most popular ways to buy silver is the Silver Eagle— legal-tender U.S. Silver Dollars struck in one ounce of 99.9% pure silver. When the COVID-19 pandemic began sweeping the world, demand skyrockete­d. But there was a problem...

U.S. Mint Halts Production

West Point, the U.S. Mint branch that normally strikes Brilliant Uncirculat­ed (BU) Silver Eagles, went into lockdown. Prices quickly shot up, and freshly struck Silver Eagles became much harder to find at an affordable price. To meet the rising demand, the U.S. Mint knew it had to act—and act fast.

Philadelph­ia Steps Up

For just 13 days, the U.S. Mint struck an “Emergency Production” run of U.S. Silver Dollars at the Philadelph­ia Mint. This was great for silver buyers, and really great for collectors. Here’s why:

The Mystery of Silver Bullion

A coin’s value is often tied to its rarity. One way to determine a coin’s rarity is by its mint mark—a small letter indicating where a coin was struck. Since Silver Eagles are almost always produced solely in West Point, the coins don’t feature one of these mint marks. But this year’s Silver Eagles were also produced in Philly—so few (a scant 240,000) that they are now the second smallest mintage of Silver Eagles ever struck! So how do we tell a 2020(W) Silver Eagle from a 2020(P)?

Certified “Struck at” Coins

Numismatic Guaranty Corporatio­n (NGC) is one of the world’s leading third-party coin grading services. Thanks to some skilled detective work, they have certified these coins as being struck at the Philadelph­ia Mint during this special Emergency Production run. What’s more, a number of these coins have been graded as near-flawless Mint State-69 (MS69) condition—just one point away from absolute perfection!

Buy More and Save!

We’re currently selling these coins for $79 each. But you can secure them for as low as $59 each when you buy 20 or more and mention the special call-in-only offer code below. Call 1-888-201-7639 now!

FREE SHIPPING on 3 or More!

Limited time only. Product total over $149 before taxes (if any). Standard domestic shipping only. Not valid on previous purchases.

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