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Coin and Paper Money Collecting/1996 Silver American Eagle

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Expert: - 3/13/2009


Question

Reverse of 1996
I bought this 1996 Silver American Eagle back in 2004 along with several other coins. Ididn't even notice that the reverse has a ring around the Eagle on the reverse. The coin is nearly perfect except for the ring that appears to have been stamped by the mint. Does this decrease the value of the coin or does it become very rare? Picture attached. I can provide front if requested. Thank you.

Answer
Hi Brad,
I can honestly say that I have never seen that reverse on a 1996 Silver Eagle.  If I have, I don't remember it.
I would send the coin to PCGS for certification.  It's either a die variety, error or counterfeit.
There have been a lot of Morgan and Trade dollars comin from China that are not genuine.  Maybe they did these?  I don't know.
Have PCGS check it out.
www.PCGS.com

Regards
Joe Hylas
www.allcoins.us
    Questioner's Rating
    Rating(1-10)Knowledgeability = 9Clarity of Response = 10Politeness = 10
    CommentVery much appreciate your insight.


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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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