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2007–2008 $1 1-oz Silver Eagle 2-pc Proof Set

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443551
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Silver Eagles That Survived The Great Recession

Since 1986, the American Silver Eagle has been the official silver bullion coin of the United States. Despite silver values constantly changing, the demand for U.S. Silver Eagle coins has grown steadily over the decades and today is at an all-time high. The series came to a crossroads of sorts in 2007 and 2008 when low mintages, customer demand and a global economic crisis created a unique situation for collectors.

About The 2007 American Silver Eagle

The price of silver had been steadily increasing since 2004, but a sudden dip and leveling off in 2007 prompted the U.S. Mint to sharply reduce its production of Silver Eagles. Mintages of 2007 Silver Eagle bullion coins were cut by 15% compared to 2006, while Proof Silver Eagles saw a reduction of nearly 25%. As the global economy slowed, however, the price of silver rose again. 2007 would mark the last year that American Silver Eagle bullion coins were minted in volumes of less than 10 million. Among 2007 Silver Eagle coins offered by the U.S. Mint were two collectible versions: the 2007 Proof Silver Eagle and the 2007-W Uncirculated Silver Eagle, also known as the “West Point Mint Silver Eagle,” struck on a burnished blank and given a “W” mint mark.

About The 2008 American Silver Eagle

The roots of the Great Recession began in 2007 with a series of rolling credit shocks and bank crashes. The culmination of the crisis occurred in September 2008 when Lehman Brothers, a global financial services firm and the fourth largest investment bank in the United States, went belly up. The bankruptcy of the respected 157-year-old firm was the largest bankruptcy filed in U.S. history. Global economic uncertainty in 2008 created a sharp demand for precious metals, and the U.S. Mint responded by producing American Silver Eagles in numbers that shattered previous records to meet surging demand in a worsening economy in which investors found security in precious metals. Despite the increase in production, demand still exceeded supply, and The Mint was forced to suspend sales of Silver Eagles temporarily as a rationing program was planned and put into place.

Act Fast; Quantities Are Limited!

Here’s your chance to get both the 2007 and 2008 American Silver Eagles with this spectacular two-piece set. Plus, both coins come in gorgeous Proof condition, the result of them being expertly crafted from hand-selected planchets, polished dies, and multiple strikes to produce beautifully frosted details rising over mirror-like fields. They look as fresh and crisp as the day they left the mint more than 15 years ago! Quantities are limited so don’t delay; reserve this fantastic, key-date set for your collection right now before it’s too late!

COIN HIGHLIGHTS:

  • WEINMAN’S CLASSIC WALKING LIBERTY . . . – Adolph A. Weinman’s iconic Walking Liberty design first made its debut on the 1916 half dollar, lasting three decades before bowing out in 1947. In 1986, this iconic image was reborn for the Silver Eagle with her exquisitely detailed beauty remaining on the coin ever since.
  • . . . PAIRED WITH JOHN MERCANTI’S HERALDIC EAGLE! – This stoic and symbolic Heraldic Eagle featured on these coins was created by designer John Mercanti—the most prolific coin and medal designer in United States Mint history!
  • EXPERTLY STRUCK IN HIGHLY PURE SILVER – The craftspeople of the U.S. Mint are known around the world for their skill and attention to detail. It’s this talent that transforms each one-ounce planchet of highly pure 99.9% fine silver into beautiful pieces of numismatic art.
  • UNITED STATES LEGAL TENDER – Each Silver Eagle coin is one dollar United States of America legal tender, as seen on the reverse of each coin.
  • GORGEOUS PROOF CONDITION – Each Coin in your 2007–2008 American Silver Eagle Two-Piece Set will come in gorgeous Proof condition with frosted details rising over mirror-like fields.

Purchase a pair of key-date coins with this 2007–2008 American Silver Eagle Two-Piece Set! Both coins come in gorgeous Proof condition. Don’t wait, reserve these 99.9% fine silver bullion coins now before they’re all gone!

Availability In Stock
Year of Issue 2008, 2007
Country United States
Composition Silver
Purity 0.9990
Condition Proof
Denomination 1.00
Currency Type Dollar
Mint Name West Point - W
Coin Weight 62.2 Grams - g
Weight 2 Ounces - oz
Dimensions 40.6mm