AUSTIN, Texas, June 15, 2021 /PRNewswire/ --—From June 15 until July 4, 2021, U.S. Money Reserve will be offering an exclusive selection of 2021 Proof Silver American Eagle coins at a special sale price. This sale celebrates American Eagle Day and Father's Day, both of which take place on June 20, 2021. These coins will feature the original "Type 1" design, which will soon be replaced by the United States Mint. In addition, this release will feature limited-time pricing.
American Eagle Day commemorates the day in 1782 when the bald eagle, as our national symbol, was added to the official Seal of the United States. Previously, the holiday was known as National Bald Eagle Day.
Each coin is graded museum quality PR-70 by Professional Coin Grading Service (PCGS), one of the world's most respected third-party grading services. Coins are graded on a 70-point scale, with a 70 grade meaning the coin is considered flawless under magnification.
Proof Silver American Eagles feature a mirror-proof finish. Coins in this special release are sonically sealed with exclusive labels hand-signed by Michael Reagan, son of former President Ronald Reagan. Additionally, these coins are certified as "First Day of Issue," a special designation reserved only for coins that have been received for grading within 24 hours of the issuing mint's release.
It is appropriate that this release also takes place on both American Eagle Day and Father's Day, as President Reagan was the "father" of the Silver American Eagle program, having signed the Liberty Coin Act in 1985. This Act authorized the creation of the Proof Silver American Eagle. President Reagan also issued a proclamation in 1982 declaring June 20, 1982 as National Bald Eagle Day.
"The importance of the Silver American Eagle can't be overstated," said Philip N. Diehl, former Director of the U.S. Mint and current President of U.S. Money Reserve. "Through this coin, President Reagan ensured that all Americans could diversify their portfolios with government-guaranteed silver. As the last Proof Silver American Eagle to feature the original design, this coin speaks to the importance of that history while offering the chance to create a silver legacy that will last for generations."
2021 marks the first time in history that the U.S. Mint will release a new reverse design for America's premier silver coin. Once released later this year, the new design will be used by the U.S. Mint for the foreseeable future.
Since this release is taking place midway through 2021, this also marks the first time that two versions of the Proof Silver American Eagle will have been released in a single year, increasing demand for this final release of the Type 1 Proof Silver American Eagle featuring the original heraldic eagle design.
"It's an honor to have Michael Reagan join us for this Father's Day celebration" said John Rothans, Chief Procurement Officer for U.S. Money Reserve. "His own father, President Reagan, transformed precious metals ownership for all Americans, and the Proof Silver American Eagle is an important part of the Reagan legacy. U.S. Money Reserve is proud to continue that legacy with Michael Reagan through this exclusive release."
This release of flawless, "First Day of Issue" 2021 Proof Silver American Eagle Type 1 coins with hand-signed Reagan Legacy label is exclusive to U.S. Money Reserve. Coins with this particular set of designations are not available from other distributors.