2009-W Proof American Silver Eagle

in Proof Silver Eagles

The 2009-W Proof American Silver Eagle is actually a coin that never was. Production of what would have been the twenty-fourth Proof Silver Eagle in the annual series was cancelled by the United States Mint marking the first time no such coin was produced since the inaugural release of the program back in 1986.

Collectors had good reason to be concerned in 2009 about the likelihood of a Proof Silver Eagle that year. The 2008 version was abruptly pulled from the Mint’s shelves in August despite initial indications of no mintage cap in place on the coin. The unexpected event was caused by unprecedented demand for the related bullion Silver Eagles of which the US Mint (at the time) was required to strike in sufficient quantities to meet demand.

Still, collector’s concern was somewhat alleviated in March of 2009 when the following statement was posted on the Mint’s online store website:

Production of United States Mint American Eagle Silver Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Currently, all available silver bullion blanks are being allocated to the American Eagle Silver Bullion Coin Program, as the United States Mint is required by Public Law 99-61 to produce these coins "in quantities sufficient to meet public demand . . . ."

The United States Mint will resume the American Eagle Silver Proof and Uncirculated Coin Programs once sufficient inventories of silver bullion blanks can be acquired to meet market demand for all three American Eagle Silver Coin products.

Unfortunately, the US Mint was never able to get far enough ahead of bullion demand to actually strike numismatic Eagles in 2009. It admitted that fact in October with a press release stating the 2009 Proof American Silver Eagle would not be produced.

2009 Proof Silver Eagle Mintages

As indicated above, Proof Silver Eagles were not released by the United States Mint in 2009. All available blank planchets were diverted to bullion Eagle production that year to meet investor demand for the coins.

According to the US Mint, 30,459,000 bullion Silver Eagles were sold bearing the 2009 date. More than enough to qualify the year as the best ever in the history of the Eagle program.

Proof American Silver Eagles on Sale

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