An unexpected modern rarity has emerged as a result of the impact of the coronavirus pandemic on production of the United States Mintâs flagship silver bullion coin series, the American Silver Eagle. Finest Known has a limited inventory of the 2020-P American Silver Eagle, graded and certified by NGC in both MS 69 and perfect MS 70 condition . RARE â First Day of Issue â Green Label MS70 Random Coin Number. 2020 (P) $1 American Silver Eagle PCGS MS69 Emergency Production Philadelphia Label Please note that these are business strike coins. The Philadelphia Mint struck 240,000 American Eagle silver bullion coins during the two weeks it supported the West Point Mint in April as production at West Point was reduced. These coins have no mint mark, but have been certified by grading agencies as part of these rare coins. The West Point Mint shut its doors for a week due to the Pandemic. This 2020-(P) 1 oz Silver American Eagle Struck at Philadelphia $1 Coin Scarce and Unique Coin Division NGC MS70 FR Mercanti Signed Label is proudly minted by the U.S. Mint. NGC and PCGS will designate the U.S. Mint facility that struck these coins by including the mintmark in parentheses on the label. This does not happen to the regular West Point bullion 2020 ASEâs or the 2020-W proofs. Thus, the US Mint struck its Philadelphia 2020 Emergency Production Silver Eagles coins. Eligible coins will be identified by NGC with the description âStruck at Philadelphia Mint, 2020(P) Eagle S$1, Emergency Production.â With a mintage of just 240,000 coins, the 2020(P) Struck at Philadelphia Mint Silver Eagle is the second-rarest issue in the 34-year history of the bullion American Silver Eagle series. In 2017, the Mint received a Freedom of Information Act (FOIA) request to clarify which mints produced which yearâs coins. CHECK OUT COINS FOR SALE IN THESE POPULAR CATEGORIES, Mint details Philadelphia Mint output of 2020 American Eagle silver bullion coins, © 2021 Amos Media Company. “Monster boxes of 2020 American Eagle Silver Bullion Coins minted in Philadelphia were affixed with a typed label containing the box tracking number; additionally, box tracking numbers were hand written directly on the boxes,” U.S. Mint said. Access our Dealer Directory I just received mine, an MS-69 and noticed the same thing! Might be the die setting at the Philadelphia mint, but the reverse and obverse are not perfectly straight/aligned. During the pandemic of 2020 the mint was forced to close the West Point and San Francisco mints, resulting in a shortage of silver eagles. This year, demand for the coins has risen strongly compared to the last couple years in response to lower spot silver prices and safe haven demand from the massive economic dislocation cause by the pandemic. To date, only about 7% of the mintage of the 2015 (P) coin has been identified and graded by the two leading grading companies along with some more by ICG and ANACS. Sign up for our free eNewsletter The coronavirus pandemic has led the US Mint to temporarily freeze operations at two minting facilities. Save my name, email, and website in this browser for the next time I comment. – Believe you are right . To make up for the shortall, the mint produced 240,000 silver eagles in the Philadelphia mint during the month of April. According to official US Mint documentation dated April 27, 2020, a total of 240,000 American Silver Eagles were struck at its Philadelphia facility from April 8 to April 20, 2020. The issue of identifying bullion Silver Eagles made at different branch mints first came up in the early 2000s when the Mint had to supplement production of Silver Eagles at the West Point Mint with production at the San Francisco Mint in 2011 as demand rose. 2020 American Silver Eagle. Sponsored items from this seller. Click here to get yours. 2020-(P) $1 Silver Eagle - Emergency Issue First Day of Issue Artis Gilmore Purple Ink 1 of24 Artis Gilmore 1 of 24; 2020-(P) $1 Silver Eagle - Emergency Issue First Day of Issue Dikembe Mutombo Gold ink Dikembe Mutombo; 2020-(P) $1 Silver Eagle - Emergency Issue Struck at Philadelphia Naismith Private Collection David Robinson This extremely low mintage makes the 2020 Silver Eagle from the Philadelphia Mint one of the rarest bullion silver dollars ever issued by the U.S. Mint. The only means by which buyers of the monster boxes and grading services will be able to differentiate the Philadelphia Mint coins from the West Point strikes is by the labeling and handwritten markings on the boxes referencing the box tracking numbers for the Philadelphia coins. Estonia to issue 2021 circulating €2 coin featuring wolf, Rare Chinese note highlights April 5 Hong Kong auction, Geiger Edelmetalle, Noah’s Ark bullion maker, joins LBMA. 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