2006-P Reverse Proof American Silver Eagle

in Proof Silver Eagles

The 2006-P Reverse Proof American Silver Eagle was released by the United States Mint as part of a celebration of two decades for the Silver Eagle program. This strike was only available in the 20th Anniversary American Silver Eagle Set and is thus one of the key dates for the series owing to its relatively small mintage.

Those unfamiliar with a reverse proof finish will find that it lives up to its name of being the reverse of a standard proof coin. Standard Proof Silver Eagles from the United States Mint feature frosted devices and a mirror-like background. In contrast, the reverse proof coins have mirror-like devices and a frosted background.

Collectors scrambled to obtain the 20th Anniversary Set forcing a sell-out in approximately two weeks. They likely sought the set owing to its commemorative nature but more importantly, the inclusion of the special reverse proof Eagle.

Other than the special finish, remaining specifications and designs for the coin stood as they always have for the series. This includes a composition of one ounce of .999 fine silver with a diameter of 40.60mm.

The design on the obverse showcased Adolph A. Weinman’s "Walking Liberty" first seen on the 1916-1947 half dollar coin. That design is a favorite of collectors with many believing it to be one of the most beautiful ever struck on an American coin.

Shown on the reverse is the image of a heraldic eagle with shield. This design was completed by US Mint Engraver John Mercanti for initial use on the Silver Eagle series in 1986.

Unlike the standard Proof Silver Eagle of the year which was struck at the US Mint’s facility in West Point, this special Reverse Proof Silver Eagle was produced at the US Mint’s facility in Philadelphia. Thus, it includes a ‘P’ mintmark on the reverse.

2006 Reverse Proof Silver Eagle Mintages

The 2006-P Reverse Proof American Silver Eagle was, for all intents and purposes, a sell-out from the United States Mint. The coin, released only as part of the three-coin 20th Anniversary American Silver Eagle Set, had a final mintage of 248,875 with each set selling initially from the US Mint for $100.

Bullion Silver Eagle mintage ended with a total of 10,676,522 year-dated strikes sold by the US Mint. This was an increase from the previous year. The average London Fix for Silver for 2006 was $11.55 an ounce.

2006-P Reverse Proof American Silver Eagles on Sale

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