Description
2012 $1 American Silver Eagle MS70 PCGS – First Strike: A Detailed Overview
The 2012 $1 American Silver Eagle MS70 PCGS – First Strike coin is an exceptional example of the Silver Eagle, the most popular silver coin in the world. Produced by the United States Mint, the Silver Eagle is a 1 oz. silver bullion coin recognized globally for its beauty, weight, and purity. It has a strong reputation as a secure form of investment and a beloved collectible item. In this comprehensive post, we explore why this particular MS70 PCGS – First Strike version of the 2012 Silver Eagle is a highly sought-after item in both the collector and investment communities.
The Silver Eagle: An Iconic Bullion Coin
A Symbol of American Heritage
The American Silver Eagle was first introduced in 1986 as a way to commemorate American heritage and provide a high-quality silver investment. As the only 1 oz. silver coin produced by the U.S. Mint, it stands as a testament to American craftsmanship and pride. The coin’s purity and design have made it a go-to choice for investors and collectors alike.
The 2012 Silver Eagle in MS70 PCGS condition, First Strike certification, and .999 fine silver content make it an extraordinary piece of numismatic history. Whether you’re looking to add to your collection or invest in precious metals, the 2012 Silver Eagle is a perfect choice.
What Does MS70 and First Strike Mean?
Understanding MS70 Certification
The MS70 (Mint State 70) grade represents a coin that is in flawless condition. Graded by PCGS (Professional Coin Grading Service), the coin is considered to be in perfect condition, with no visible imperfections, scratches, or wear. This perfect grade increases the coin’s value among collectors and investors because it’s considered the best example of that year’s release.
The First Strike Label: An Added Premium
A First Strike coin is one that was shipped from the U.S. Mint within the first 30 days of its release. This is a highly desirable feature for collectors because it indicates that the coin was among the first to be produced and distributed. First Strike coins often demand a premium due to their limited availability and early release.
Coin Highlights of the 2012 American Silver Eagle MS70 PCGS – First Strike
1. Contains 1 oz of .999 Fine Silver
The 2012 Silver Eagle contains 1 troy ounce of .999 fine silver. This means the coin is 99.9% pure silver, making it an excellent investment vehicle for those seeking to buy silver as a store of value. As the price of silver fluctuates, coins like the 2012 Silver Eagle remain a reliable hedge against inflation.
2. PCGS Encapsulation Protects the Coin
The PCGS encapsulation serves to protect and preserve the coin’s pristine condition. This protective casing ensures that the coin remains in mint condition over time, preserving both its physical integrity and investment value.
3. First Strike Certification
As previously mentioned, the First Strike label guarantees that the coin was released by the U.S. Mint within the first 30 days of the coin’s production. This early release adds extra historical and collectible value, making this coin even more attractive to investors and numismatists.
4. Sovereign Coin Backed by the U.S. Government
As a legal tender coin, the American Silver Eagle is backed by the U.S. government and carries a $1 face value. However, the true value of this coin lies in its silver content and collector appeal, which far exceed its face value.
5. Iconic Designs on the Obverse and Reverse
The obverse design by Adolph A. Weinman features Lady Liberty draped in an American flag, walking gracefully with the sun rising behind her. This powerful symbol of freedom and hope is a representation of the American spirit.
The reverse showcases a heraldic eagle with 13 stars above it, representing the original 13 colonies. The design is a symbol of strength and unity, reflecting the ideals upon which the United States was founded.
The Importance of Silver Eagle Coins in the Market
The American Silver Eagle is not only a favorite among collectors but also a valuable investment asset. The coin’s weight, purity, and government backing make it an ideal choice for those looking to diversify their portfolios with precious metals. The 2012 MS70 First Strike version holds special appeal due to its perfect condition and early release, increasing its value and desirability in the market.
Why Buy the 2012 Silver Eagle MS70 First Strike?
Investment Opportunity
The 2012 Silver Eagle is a fantastic investment choice. As the price of silver continues to rise, holding Silver Eagles like the 2012 MS70 provides an opportunity for long-term financial growth. These coins are often seen as a secure form of wealth preservation.
A Collector’s Dream
The 2012 MS70 First Strike Silver Eagle is an ideal coin for collectors due to its flawless condition and historical significance. With the First Strike certification, this coin holds additional value, making it a highly desirable piece for anyone interested in adding to their collection.
Guaranteed Authenticity
When you buy from Buy Dollar Bills, you are assured of the authenticity and quality of your coin. The PCGS grading and First Strike certification provide peace of mind, knowing you are receiving a genuine, high-quality piece.
FAQs About Silver Coins and the 2012 Silver Eagle MS70 PCGS – First Strike
1. Which is the best silver coin to buy?
The best silver coin to buy depends on your investment goals. The American Silver Eagle is widely regarded as one of the best silver coins due to its high purity, beautiful design, and government backing. Specifically, the 2012 Silver Eagle MS70 PCGS – First Strike is an excellent option for both collectors and investors.
2. Which coin is real silver?
A coin is considered real silver if it contains a minimum of .999 fine silver. The American Silver Eagle contains 1 oz of .999 fine silver, making it a genuine silver coin.
3. How much silver is $100?
The amount of silver you can buy with $100 depends on the current market price of silver. If silver is priced at $25 per ounce, then you can buy 4 ounces of silver with $100.
4. What do silver coins mean in a letter to God?
Silver coins in letters to God may symbolize wealth, protection, and blessing. Historically, silver has been viewed as a valuable and spiritual element, often representing divine favor or protection.
5. How much is a $5 silver coin worth today?
The value of a $5 silver coin is primarily based on its silver content. As silver prices fluctuate, the worth of a $5 silver coin will be directly tied to the current spot price of silver. Some silver coins may also have additional numismatic value based on their rarity and condition.
6. What is the price of silver coins today?
The price of silver coins, including the 2012 Silver Eagle, is determined by the current spot price of silver, which can change daily. For up-to-date pricing, visit the Buy Dollar Bills Silver Coins page.
Conclusion: Why Invest in the 2012 Silver Eagle MS70 PCGS – First Strike?
The 2012 $1 American Silver Eagle MS70 PCGS – First Strike coin is an exceptional example of the American Silver Eagle series. Its perfect MS70 grade, First Strike label, and 1 oz of pure silver make it an excellent investment and an essential piece for any collection. With its stunning design and historical significance, this coin offers both a secure investment and a valuable asset for the future.
For those interested in buying silver coins online, the 2012 Silver Eagle MS70 First Strike is a top choice. Visit Buy Dollar Bills to explore a wide variety of silver coins for sale, including this remarkable piece.
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