The United States Mint has confirmed that there is indeed no mintage limit for the 2020-S American Eagle silver Proof as had been previously reported by the Mint. CoinNews reached out to the mint and received confirmation that the indication that a 200,000 mintage limited listed on the product page for the proof bullion coin was an error, mostly down to what seems like an internal communication error.
Normally, the Proof American Eagle has a mintage limit listed as “NONE” on the product page on the Mint’s site. However, for the 2020-S American Eagle, a mintage limit of 200,000 was listed. The limited production surprised some but given we are in an unusual situation with Mint production due to the COVID-19 pandemic, it would have been easy to understand why the Mint limited production.
However, it turns out that this is not the case. According to U.S. Mint spokesperson Michael White, this was a mistake that, in part, was rooted in the challenges faced by the Mint due to the pandemic.
White explained: “The mintage limit for the American Eagle 2020 One Ounce Silver Proof Coin (S) is typically listed as ‘None’, which allows us to build to demand based on the Master production schedule. This year due to COVID-19 and Plant Production capacity, a decision was made to conduct only one production run of 200K units for the individual American Eagle 2020 One Ounce Silver Proof Coin (S), limiting the production mintage to 200K but the mintage limit should not have been reported as 200K. We have corrected the Mintage Limit to list as None.”U.S. Mint Spokesperson Michael White via CoinNews
Indeed, if you look at the product page for the 2020-S American Eagle Proof, you will see that the Mintage limit is now shown as NONE.
This is good news for those collectors who did not get a chance to pick up one of these coins, the last with the inaugural design of the last 34 years. The Reverse of the 2021 America Eagle will be an all-new design.