1989-S Proof American Silver Eagle NGC PF69 UC

1989-S 1 oz. Proof Silver Eagle NGC PF69 UC

1989 was the 4th year of production for both bullion and proof Silver Eagles. Their popularity had continued to rise and they are still highly sought after coins among stackers and coin collectors. Own one today by purchasing the 1989-S 1 oz. Proof Silver Eagle NGC PF69 UC.

The proof versions of Silver Eagle coins are all minted at the San Francisco Mint, shown by the "S" Mint mark in the reverse design. The Mint opened its doors in 1854 in response to the overwhelming need for gold to be made into coins during the time of the California Gold Rush. After the terrible earth quake in 1906 and the ensuing firestorm, the San Francisco mint was the only financial institute still operable immediately after the disaster and became the treasury for disaster relief funds. In 1937, the Mint moved to a larger building and produces coins to this day. This Mint does not produce circulated coins at this time but is the exclusive maker of regular and silver proof coins, displaying the skill and high quality standards the mint demands.

1989-S Proof Silver Eagle Design and Grade

The 1 oz. Silver Eagles have retained the same design over the decades of its production. On the obverse is the popular Adolph Weinman "Walking Liberty" design. It shows the iconic Statue of Liberty walking towards the rising sun with the USA's flag draped across her shoulders and laurel and oak branches in her arms. This denotes America's desire to bring freedom and peace to all. The inscriptions are as follows: "LIBERTY" "IN GOD WE TRUST" and "1989.”

The reverse of the coin shows the John Mercanti Heraldic Eagle design with the 13 stars representing the 13 original colonies. A banner held in the eagle’s beak displays the phrase "E PLURIBUS UNUM.” The design includes the words "UNITED STATES OF AMERICA" "1 OZ. FINE SILVER - ONE DOLLAR" and the "S" mint mark (This mark is not on the bullion Silver Eagles).

A grade by NGC of PF69 (Numismatic Guaranty Corporation Proof 69) means that this 1989 1 oz. Proof Silver Eagle has very few post-production marks that may or may not be visible to the naked eye. It has also been given the classification UC, or Ultra Cameo. Proof coins should have high contrast between their mirror-like background and frosty foreground. The highest rating for this contrast is Ultra (or deep) Cameo, such as this 1 oz. coin, and the background is so reflective it will appear black when photographed.

The weight of the Proof Silver Eagle is 1 Troy oz. with a diameter of 40.6 mm. The 1989-S proof mintage was 617,964, a little less than an 8th of the bullion mintage of 5,203,327.

When you buy the 1989-S 1 oz. Proof Silver Eagle in NGC PF69 UC you become a part of the proud Silver Eagle legacy that began in 1986 and continues even now - buy today!