Why are Mercanti Signed Silver Eagles NGC PF70 Ultra Cameo coins so special?

Why are Mercanti Signed Silver Eagles NGC PF70 Ultra Cameo coins so special?

We sell a lot of coins that are offered on our online site, LCR Coin, (lcrcoin.com). One question we hear often is why is one coin graded a 70 and another not? We hear this in relation to many popular coins we sell online. The American Silver Eagle Signed by Mercanti is probably the most popular and in the highest demand.

The providers or services who physically grade the coins and seal them in tamper proof holders that all collectors and dealers buy, sell and trade without concern are PCGS, (Professional Coin Grading Service), and NGC, (Numismatic Guaranty Corporation), we only offer graded, certified rare and modern U.S. Mint coins graded by these two companies.

MS70 as a term means the following. Perfect in every way, no signs of wear, the finest quality possible. Very few coins ever achieve this designation. If you had a mintage of coins in the hundreds of thousands maybe a handful at most or maybe none would ever achieve this grade. Therefore, they are prized and sought after and this is why they perform as an invest above lesser grades.

What about a Proof version? Proof is not a grade. This is a term related to a method of manufacture and coins can receive varying grades as a Proof manufactured coin. As you may know only a fraction of coins produced as U.S. Mint coinage for use is created as a special production run of the Proof example. Based on this fact when you have a coin that is designated PR70 you now have something that is as rare as a coin can be and as perfect as anything made by man.

So why the Mercanti signed Proof Silver Eagles in NGC PF70 are so special is the population that exists. Below is a recent version of those numbers:

Year Mint Coin Pop
1986 S Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 332
1987 S Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 88
1988 S Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 140
1989 S Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 75
1990 S Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 84
1991 S Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 64
1992 S Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 94
1993 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 82
1994 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 77
1995 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 64
1995 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 17
1996 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 73
1997 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 57
1998 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 87
1999 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 118
2000 P Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 76
2001 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 247
2002 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 145
2003 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 209
2004 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 126
2005 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 124
2006 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 181
2007 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 100
2008 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 130
2009 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 0
2010 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 143
2011 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 140
2012 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 111
2013 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 185
2014 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 263
2015 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 732
2016 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 211
2017 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 311
2018 W Mercanti Signed Proof Silver Eagle Coin NGC PF70 Ultra Cameo 334

These population number represent real investment coins that perform well. This is what drives their popularity. Clearly there is not enough to meet demand so if you plan to own a few or a complete date run there is no time like the present.

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