American Silver Eagle sales saw a resurgence in the late 1990s after a period of sluggishness. As the Y2K milestone approached, bringing concerns about the American economy, investors began showing renewed interest. At BGASC, discover the 1997-P Proof American Silver Eagle coin with a pristine PR70 certification.

Highlights:

• Comes in a protective plastic slab!
• 12th annual striking of the Proof American Silver Eagle coin!
• Limited final mintage of only 435,368 coins!
• Contains 1 oz of .999 pure silver.
• Face value of $1 (USD) backed by the federal government.
• Graded PR70 by the Professional Coin Grading Service.
• Features a Deep-cameo (DCAM) finish.
• Obverse features the iconic Walking Liberty.
• Reverse showcases the heraldic eagle.
• Struck with a P mint mark by the Philadelphia Mint.

Every 1997 Proof American Silver Eagle in this listing has achieved the highest grade, PR70, from the PCGS. These coins exhibit full mint luster with no detracting flaws. The deep-cameo designation indicates a frosted matte finish on the design sets and a deeply-mirrored, clear background field for proof coins.

Obverrse

The obverse of the 1997-P Proof American Silver Eagle features Adolph A. Weinmans timeless Walking Liberty design, brought out of retirement after 39 years for the American Silver Eagle.

Reverse

On the reverse of 1997-P 1 oz Proof Silver Eagle Coins, you’ll find John Mercantis modernized heraldic eagle, first used by the US Mint in 1794.

History

Through much of the 1990s, the American Silver Eagle experienced declining sales due to a robust US economy and a strong dollar. The lowest point was in 1996, with only 4.1 million coins sold. However, in 1997, sales saw a slight increase to 4.7 million coins, signaling the start of four consecutive years of rising demand. This uptick was largely driven by concerns about the Y2K issue and its potential impact on banking and the economy.

Ordering

If you have any questions, feel free to contact BGASC at 888-992-4272. You can also connect with us through live web chat, email, or explore our selection of silver proofs and bullion coins in the silver coin section on our website.