2011-W Uncirculated American Silver Eagle

in Uncirculated Silver Eagles

The 2011-W Uncirculated American Silver Eagle would mark a return to Uncirculated Silver Eagle production from the United States Mint after a two year hiatus. The series itself, however, dates back to 2006 when the US Mint first introduced the Uncirculated Silver Eagle as another collector-grade Silver Eagle option.

These coins joined the American Silver Eagle Program line-up which already included Bullion Silver Eagles and Proof Silver Eagles. Both of those varieties made their inaugural appearances twenty years earlier in 1986. In fact, the Uncirculated Silver Eagles were initially offered in 2006 as part of a twentieth anniversary celebration of the Silver Eagle Program.

This new variety had a similar appearance to the Bullion Silver Eagles but their finish was described by the US Mint with:

The term “uncirculated” refers to the specialized minting process used to create these coins. Although they are similar in appearance to American Eagle Bullion Coins, these new uncirculated coins are distinguished by the presence of a mint mark, indicating their production facility, and by the use of burnished coin blanks, which are hand-fed into specially-adapted coining presses one at a time.

Proof Silver Eagles, while also showcasing the same designs, are more easily distinguishable wing to their mirror-like background surfaces.

Shown on the obverse of uncirculated, bullion and proof Silver Eagles is a version of "Walking Liberty" as designed by artist Adolph A. Weinman. The design was first 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 Silver Eagles show a heraldic eagle with shield as designed by US Mint engraver John Mercanti.

Specifications for the Silver Eagles also remain consistent across finish types. This includes a composition of one ounce of .999 fine silver and a diameter of 40.60 mm.

Of note, the 2011-W Uncirculated American Silver Eagle was sold individually and as part of the 25th Anniversary Silver Eagle Set. The set included a total of five coins including the aforementioned 2011-W Uncirculated Silver Eagle, a 2011 bullion Silver Eagle, a 2011-W Proof Silver Eagle and two coins struck solely for the set, a 2011-S Uncirculated American Silver Eagle a 2011-P Reverse Proof American Silver Eagle.

2011 Silver Eagle Mintages

The 2011-W Uncirculated American Silver Eagle was released for sale to the public on September 15, 2011. Initial pricing for the coin was $60.45, but was modified throughout its availability to account for fluctuations in the silver market. The 2011-W Uncirculated Silver Eagle was sold well into 2012 but remained relatively low including the 100,000 sold as part of the 25th Anniversary Set.

The average London Fix for Silver for 2011 was $35.12 an ounce with the US Mint recording a total of 40,020,000 of the related 2011-dated bullion Silver Eagles sold.

2011-W Uncirculated American Silver Eagles on Sale

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