Burnished (Uncirculated) American Silver Eagle

The Burnished American Silver Eagle, officially known as the Uncirculated American Silver Eagle, is a collector version of the U.S. Mint’s flagship silver bullion coin. First introduced in 2006, the burnished finish is distinct from both the standard bullion and proof versions.

Key Features:

• Finish: The coin features a soft, matte-like finish, often described as "satin." This is achieved by striking specially prepared coin blanks (planchets) that are polished before striking.

• Mint Mark: Most are struck at the West Point Mint and bear the “W” mint mark.

• Composition: 1 troy ounce of .999 fine silver.

• Design:

  • Obverse: Walking Liberty by Adolph A. Weinman (originally used on the 1916–1947 half dollar).

  • Reverse (1986–2021): Heraldic eagle with shield, designed by John Mercanti.

  • Reverse (2021–present): A flying eagle design by Emily Damstra (note: relevant only post-2014).

• Packaging: Issued by the U.S. Mint in a presentation box with a Certificate of Authenticity (COA).

• Purpose: Intended for collectors, not for bullion investment, though its silver content is the same.

Burnished vs. Bullion vs. Proof:

• Burnished: Matte finish, "W" mint mark, lower mintage, sold directly to collectors.

• Bullion: Shiny finish, no mint mark, sold through dealers, intended for investors.

• Proof: Mirror-like background with frosted designs, highest detail, "W" mint mark (usually), and highest collector premium.