2008 coin sold for nearly $2,000 at auction

2008 coin sold for nearly $2,000 at auction

Even though this coin was planned in 2007, it wasn’t launched until 2008. It is called the 2008-W $1 Burnished Silver Eagle Reverse of 2007 (Special Strike), and it is very valuable for the reasons below.

PCGS says that John Nanney from Georgia found the first known 2008-W Silver Eagle with a pattern from 2007 on the back in April 2008. At some point in 2007, the U.S. Mint chose to change the design on the back of all future Silver Eagles, even the Proofs.

What happened then to this coin?

Because of this, all Silver Eagles from before 2008 should have a slightly different pattern on the back compared to the regular strike from 2008 and all Uncirculated and Proof Silver Eagles from after 2008.

2008-W $1 Burnished Silver Eagle Reverse of 2007 (Special Strike)
Source pcgs.com

The Mint didn’t notice that it made some 2008-W Burnished Uncirculated Silver Eagles with an old back design that was only meant for Silver Eagles from before 2008.

Still, these back styles look a lot alike. Different parts of the design and letter styles looked different. Then it’s simple to tell the difference; all you need is your eyes.

How many of these coins are there?

It looks like PCGS says there are about 45K of the 2008 Silver Eagles with a Reverse pattern of 2007 out there. It was made by Adolph A. Weinman and John Mercanti.

They were mostly silver (99.93%) with a small amount of copper (0.07%). The one in West Point was the Mint where they were made. This thing is only 31.10 grammes heavy, and it’s 40.60 millimetres across.

It was finally sold for $1,995 on May 10, 2023. In other words, a one-dollar coin cost almost $2,000. If you have these coins, the letter U of United States on the reverse of the 2008-W Uncirculated Silver Eagle with a Reverse of 2007 is what makes it unique. To be exact, the letter U on 2007 coins will not have the accent on the lower right corner.

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