The specific item referenced is a bullion coin minted by the United States Mint in 2016. “American Silver Eagle” denotes the coin’s design and composition of .999 fine silver. “MS70” is a grade assigned by third-party grading services, signifying a coin in perfect Mint State condition. A coin receiving this grade exhibits no post-production imperfections visible under 5x magnification.
Coins graded MS70 are highly sought after by collectors and investors. This designation guarantees the coin’s pristine condition, potentially increasing its numismatic value beyond its silver content. The 2016 issue falls within the broader historical context of the American Silver Eagle series, which has been produced annually since 1986, making it a significant element within the modern bullion coin market.