When the American Silver Eagle program began in 1986, all of the Proof coins were minted at the San Francisco facility. However, in 1993, the Mint moved its Proof operations to the Philadelphia Mint, where Proof issues struck from 1993 to 2000 bear the P mint mark.
An interesting aspect of this period is the 1995-W American Silver Eagle, struck at the West Point Mint, which remains a significant piece as part of a special collector set. This coin is considered to be key in the American Silver Eagle series.
The 600,000 2000-P American Silver Eagle Proofs were initially sold at $24 each, but when adjusted for inflation, the cost in 2024 dollars would be $43.25. This release marked a turning point in the series, as demand rose significantly post-2000, especially after September 11, leading to increased sales of both bullion and Proof versions.
Insight into the Value of the 2000-P American Silver Eagle Proof Coin
The 2000-P American Silver Eagle was originally sold in a clear plastic capsule and small cardboard display box by the United States Mint. Today, coins in their original packaging typically sell for $70 to $80. However, graded and encapsulated coins by reputable services like CAC, NGC, or PCGS often fetch a premium. While such coins can be found for $70 or less on platforms like eBay, there is a higher demand for coins graded Proof-70 with Deep Cameo or Ultra Cameo finishes.
Recent auction data indicates that collectors are willing to pay between $200 and $250 for “perfect” Proofs, with some exceptional pieces selling for even more.
Further Analysis on Proof 70 Coins
Since 2014, there has been a notable increase in the population of certified 2000-P American Silver Eagles graded at PR70DCAM and PF70UC. This rise in the number of perfect 70 coins suggests a change in grading standards or a shift in the grading process at services like PCGS and NGC.
It’s essential to consider various factors that may contribute to these fluctuations in certified population and grading trends over time.
Market Insights and Notable Sales
Top Population: PCGS PR70DCAM (3,525, 3/2024), NGC PF70UC (4,698, 3/2024), CAC PR70DCAM (49, 3/2024).
- NGC PF70UC #4394443-005: eBay, March 19, 2024 – $245.
- PCGS PR70DCAM #81666376: Stack’s Bowers, February 21, 2024, Lot 97721 – $216.
- NGC PF70UC #6595229-071: eBay, February 10, 2024 – $162.50.
- NGC PF70UC #6681616-007: Stack’s Bowers, August 23, 2023, Lot 31871 – $264.
Design Details
Obverse: The image of Lady Liberty, designed by Adolph A. Weinman, showcases her holding laurel and oak branches in a classic stride, symbolizing the essence of American heritage and values.
Reverse: The Heraldic Eagle by John M. Mercanti adorns the reverse, accompanied by the United States motto and other iconic elements.
Edge: The reeded edge of the 2000-P American Silver Eagle Proof coin adds to its intricate design and appeal.
Coin Specifications
| American Silver Eagle Proof Coin |
| Year Of Issue: 2000 |
| Denomination: One Dollar (USD) |
| Mint Mark: P (Philadelphia) |
| Mintage: 600,000 |
| Alloy: 99.9% silver |
| Weight: 31.1 g |
| Diameter: 40.6 mm |
| Edge: Reeded |
| OBV Designer: Adolph A. Weinman |
| REV Designer: John M. Mercanti |