You may have seen the latest craze for this 'ULTRA RARE' 2020 Emergency Production Silver Eagle minted in Philadelphia. DON'T FALL FOR THIS SCAM! Supposedly, the US Mint recently produced 240,000 bullion silver eagles dated 2020 at the Philadelphia Mint since the normal production facility at West Point was closed for a couple weeks due to COVID-19 concerns. However, the Philadelphia and West Point bullion silver eagles use the exact same dies and minting process and the coins themselves do not even carry any mintmark. The only difference is a sticker placed on the green monster box to show where the coins were minted. The US Mint even issued a press release about this (see below).
The 2020 Silver Eagle Dollar is the most popular silver coin in the world year in and year out. When you buy silver eagles, you are buying the most 'liquid' silver investment in the world. This means that it's very easy to move in and out of the market. It's very easy to buy and sell these coins. The limited-edition San Francisco Emergency Issue 1 oz Silver Eagle coins are a world-first collector’s item in 2020. Due to the coronavirus pandemic, the US Mint had to temporarily close the West Point Mint and redelegate the striking of the 1 oz Silver Eagle coins to other facilities. On the obverse of 2020 American Silver Eagles is the historic Walking Liberty design. This image was designed in 1916 by Adolph A. Weinman for the 50-cent piece in circulation in the US. It depicts Liberty in left-profile relief as she walks from right to left across the design field. The new 2020 American Silver Eagles Coins are now available for purchase online at Gainesville Coins. Fresh off an all-time high sales record set in 2014 and 2015, the Silver Eagle yet again set a new annual coin sales record in 2017! The United States Mint’s official one ounce silver bullion coin is flying into this year with the wind at its. American Silver Eagle Coins. The American Silver Eagle is the official silver bullion coin of the United States and gets minted by the US Mint. First issued in 1986, all American Silver Eagle Coins are 99.9% fine silver bullion, struck in the one troy ounce size you can buy here.The Silver American Eagle is legal tender in the USA, with a face value of USD 1, yet they are independently traded.
However, the coins themselves are 'homogeneous' with no mint mark. The coins from West Point and Philadelphia are therefore 'identical and indistinguishable from one another'. This did not deter the major grading companies (PCGS, NGC, and others) from taking advantage of consumers with the false claim of an 'ultra-rare' silver eagle issue. This is simply not the case and if you ever remove the coins from the holders, they would be indistinguishable from West Point minted coins. The grading companies get away with this scam by placing a small (P) on the label in parenthesis which shows that the coins were minted in Philadelphia even though the coins carry no mintmark whatsoever. 
For this reason, we do not recommend these coins at all. However, if you have $79 (MS69) to $249 (MS70) burning a hole in your pocket, go for it! The coins can be easily found on eBay but not from Silver Eagle Coin Company!