Insights into the 1993-P American Silver Eagle Proof
Production Shift to Philadelphia Mint
The 1993 Proof American Silver Eagle was minted at the Philadelphia Mint, signifying a production shift from the San Francisco Mint. This shift was part of the overall allocation of minting responsibilities for various coin sets and commemorative coins for the year.
1993 Philadelphia Mint Bicentennial Set
The limited-edition five-piece Proof Set celebrating the 200th Anniversary of the Philadelphia Mint included the 1993-P Proof American Gold Eagle, the 1993-P Proof American Silver Eagle, and a Proof Bicentennial of the Philadelphia Mint Silver Medal. This set provided collectors with a unique commemorative offering.
Market Value and Grading Insights
Raw 1993-P Proof American Silver Eagles have been known to sell for bids of up to $80 on online platforms like eBay. The grading services have seen a decline in the ratio of Proof 69 to Proof 70 grading events over the years, affecting market dynamics and collector incentives. It’s essential for collectors to be cautious when paying premiums for novelty labels.
Design and Specifications
The iconic design of the American Silver Eagle features Adolph A. Weinman’s Lady Liberty on the obverse and John M. Mercanti’s Heraldic Eagle on the reverse. The intricate details of the design and the specifications of the coin make it a sought-after piece among numismatists and collectors.
Market Data and Noteworthy Specimens
With a total certified population of 44,573 as of May 2024, the 1993-P Proof American Silver Eagle continues to attract attention from collectors and enthusiasts alike. Noteworthy specimens with high-grade certifications have commanded significant prices at auctions and online sales.