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2011-S MS70 ANACS Silver Eagle, Initial Release- Struck at San Francisco Mint
#10-2011-DA002
Finally, after more than a decade, the prestigious San Francisco Mint has once again begun striking Silver American Eagles.
From 1989 to 2000, Silver Eagles were struck concurrently at the West Point and San Francisco mint facilities. In 2001, however, production was limited exclusively to the US Mint in West Point. But because of the unprecedented demand for Silver Eagles, the San Francisco Mint has once again been pressed into service in the production of these magnificent coins.
When the news broke in May, collectors everywhere became excited. The chance to own one of the few coins struck in San Francisco for the first time in more than ten years was too valuable of an opportunity to miss. But there was a catch; they would be produced without a mintmark.
Fortunately, ANACS proposed a simple solution.
Sealed Treasury boxes, known as 'Monster Boxes,' are shipped with a security strap identifying the mint location. ANACS recently announced that they would certify coins from the San Francisco Mint as long as they were submitted in the sealed Treasury boxes as proof of their origin. Additionally, they agreed to certify those coins submitted to them within the first 30 days of production with the coveted, Initial Release designation.
It is estimated that less than 10% of the total number of 2011 Silver Eagles will be produced at the San Francisco Mint, and considerably fewer will be certified as such with only a fraction of them receiving a perfect grade of MS70.
A certified, 2011 San Francisco Mint Silver American Eagle is certain to be a key coin in this highly sought-after series; a must-have for any collector.
Weight: 31.103 g
Diameter: 40.60mm
Thickness: 2.98mm
Purity: .999 Fine Silver
