The 2010-W American Silver Eagle Proof is a popular coin among collectors. It stands out because it was made at the West Point Mint and has a special “W” mark. This guide will help you learn more about this coin, its value, and what to look for if you’re thinking of buying or selling it.
What is the 2010-W American Silver Eagle Proof?
In 2010, the United States Mint created two types of American Silver Eagles:
- Bullion Strike: Aimed at investors.
- Proof: Designed for collectors.
The Proof coin is the one with the “W” mintmark, which means it was made in West Point. This coin is different because it has a shiny finish, making it look very attractive.
Why is it Popular?
In 2010, many people wanted Silver Eagles because of worries about the economy after the Great Recession. Even though the Mint couldn’t make the Proof version in 2009 due to a lack of silver, collectors were still excited in 2010. They sold a total of 849,861 Proof coins that year, each for $45.95 (around $66.75 today when adjusted for inflation).
Coin Value and Grading
Many collectors look for coins that are graded high, like Proof 69 and Proof 70. As of now, over 100,000 of these coins have been graded, with about half receiving the top grade of Proof 70.
Milk Spots Issue
One problem that some collectors face is “milk spots.” These are cloudy spots that can appear on the surface of the coin. They happen because of leftover chemicals from the minting process. If a coin develops milk spots, it might lose its value as a perfect coin.
Current Value of the 2010-W American Silver Eagle Proof
Here’s a quick overview of what collectors can expect to pay for the 2010-W Proof coin:
| Coin Grade | Typical Price Range |
|---|---|
| Original Packaging | $55 – $65 |
| Proof 69 | Varies; small premium (up to 10%) |
| Proof 70 | About $100 |
Design Features
Obverse (Front Side)
The front of the coin shows Lady Liberty, who is walking confidently with a flowing gown and an American flag. She holds branches in her hand that represent the glory of America. The words “IN GOD WE TRUST” are also displayed.
Reverse (Back Side)
The back features a Heraldic Eagle, which is the symbol of the United States. The eagle holds a ribbon with the words “E PLURIBUS UNUM.” There are also stars and the name of the country wrapped around it.
Coin Specifications
| Specification | Details |
|---|---|
| Year of Issue | 2010 |
| Mintage | 849,861 |
| Alloy | .999 silver |
| Weight | 31.1 grams |
| Diameter | 40.6 mm |
| Edge | Reeded |
| Designer (Obverse) | Adolph A. Weinman |
| Designer (Reverse) | John M. Mercanti |
Conclusion
The 2010-W American Silver Eagle Proof is not just a coin; it’s a piece of history for collectors. With its unique design and popularity, it can be worth between $55 and $100 depending on its condition. Whether you’re a new collector or an experienced one, knowing about this coin can help you make better decisions when buying or selling. Keep an eye out for milk spots, and remember to look for high grades to get the most value from your collection!
FAQ’s
What is the 2010-W American Silver Eagle Proof coin?
The 2010-W American Silver Eagle Proof coin is a special version of the American Silver Eagle made at the West Point Mint. It has a shiny finish and features a “W” mintmark, making it attractive to collectors.
What factors affect the value of the 2010-W American Silver Eagle Proof coin?
The value is influenced by its condition (grade), whether it has milk spots, and if it comes in its original packaging. Typically, it ranges from $55 to $100 depending on these factors.
What is “milk spotting,” and how does it affect the coin?
Milk spotting refers to cloudy spots that can appear on the coin’s surface due to chemical reactions during minting. Coins with milk spots may lose value, especially if they are graded as perfect (like Proof 70).
