2001-W Proof American Silver Eagle

in Proof Silver Eagles

The 2001-W Proof American Silver Eagle was issued by the United States Mint as the sixteenth annual release of the Proof American Silver Eagle series. While the coin continued the series, it marked a change in production facilities for the standard Proof Silver Eagle.

Beginning in 2001, the US Mint’s fallibility in West Point undertook the responsibility for striking the annual Proof Silver Eagles. From 1993 through 2000, the US Mint’s facility in Philadelphia had been minting the coins with the inaugural year 1986 through 1992 Eagles being struck at the US Mint’s facility in San Francisco.

West Point had struck Silver Eagles previous to 2001, however. Six years earlier, a special 1995-W Proof American Silver Eagle was issued as part of the 10th Anniversary American Eagle Set. The extremely low mintage of 30,125 for the set makes that Eagle the key date for the series.

Specifications for the new 2001 Eagle remained the same as all previous Silver Eagles (and still remains the same today). This includes a composition of .999 fine silver and a diameter of 40.60 mm.

It also includes obverse and reverse designs which have remained unchanged since the Eagle series debut in 1986. Shown on the obverse of the coin is a depiction of "Walking Liberty" as designed by artist Adolph A. Weinman. The obverse design was originally featured on the 1916-1947 half dollar coin and is considered by many to be one of the most beautiful ever struck on an American coin.

The reverse of the Eagle shows a heraldic eagle with shield design. It is the original work of US Mint engraver John Mercanti.

2001 Silver Eagle Mintages

Likely owing to an increased mintage available for the year and the fact that production facilities changed in 2001, the US Mint recorded a total of 746,398. This was just shy of the maximum mintage put in place on the coins of 750,000 which was up from the mintage cap of 600,000 in place on the 2000 Proof Silver Eagles. Pricing of the Proof Silver Eagle remained unchanged from the previous year and stood at $24.00 per coin.

Bullion Silver Eagle demand fell slightly from 2000 with the US Mint indicating a total of 9,001,711 of the 2000 year-dated bullion Eagles were sold. The average London Fix for Silver for 2001 was $4.37 an ounce.

2001-W Proof American Silver Eagles on Sale

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