American Silver Eagle

1986 – Present

The American Silver Eagle was first produced by the U.S. Mint in November of 1986. This coin contains 9.999% pure silver and although it bears a One Dollar face value it has never been circulated nor has it ever been available at face value. The American Silver Eagle is an ideal way to collect silver as it is recognized and trusted around the world for its silver content. The American Silver Eagle has been minted at three different mints; Philadelphia, San Francisco, and West Point.

The value of the American Silver Eagle is based on more than just its silver content. Due to the limited numbers produced and the varying numbers minted each year this coin also enjoys “collectable value” with some years and mint mark combinations bringing much more than others.

American Silver EagleThe design for the obverse of the American Silver Eagle is the same as the now classic “Walking Liberty” or “Walker” half dollar which was designed by Adolph A. Weinman and produced from 1916 through 1947. Lady Liberty is walking toward the sunset with an olive branch in her left hand. The word “LIBERTY” arcs across the coin from left to right and the words “IN GOD WE TRUST” appears on the left just above her right leg. The date appears at the bottom directly below Liberty’s right foot.

The design on the reverse of the Silver Eagle coin features the Heraldic Eagle designed by John Mercanti. Thirteen starts to represent the thirteen original colonies are arranged in rows centered and above the American Silver Eagleeagle’s head. The words “UNITED STATES OF AMERICA” appear in an arc around the upper half of the coin and the words “1 OZ. FINE SILVER ~ ONE DOLLAR” appear around the edge on the lower half of the coin. The mintmark appears on the left below the eagle’s right wing.

If you are interested in purchasing American Silver Eagles you should be aware that each year of issue for the “business” strikes were produced in the millions and most dates can be obtained for less than $25.00. Proof issues ranged from 372,168 in 1994 to 1,446,778 in 1986 and vary widely in other years. Prices for proof examples varies widely depending upon the year and can often exceed $100.00.

In 2006 the U.S. Mint produced the Silver Eagle 20th Anniversary boxed set which includes the uncirculated “business” strike and reverse proof specimens. This special set was limited to a maximum of 250,000 units and was originally sold in the mint catalog for $100.00. Currently, as of this writing, these sets are selling for more than $350.00.

American Silver Eagle Specifications:

Minted: 1986 – Present
Diameter: 40.60 mm
Thickness: 2.98 mm
Weight: 31.103 g
Composition: 99.99% Silver
Edge: Reeded
Designer: Adolph A. Weinman & John Mercanti

Written by D Slone, Copyright 2008 CoinCollectorGuide.com

Image of 2010 American Eagle Silver Dollar

2010 American Eagle Silver Dollar

Image of 2005 American Eagle Silver Dollar

2005 American Eagle Silver Dollar

Image of 2010 American Silver Eagle SGS Graded MS70

2010 American Silver Eagle SGS Graded MS70

Image of 2010 Silver American Eagle - West Point Mint - Investment Grade Silver Bullion

2010 Silver American Eagle - West Point Mint - Investment Grade Silver Bullion

Silver Eagle Mintage Numbers

Year
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1995-W
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009 
Bullion Issue
5,393,005
11,442,335
5,004,646
5,203,327
5,840,110
7,191,066
5,540,068
6,763,762
4,227,319
4,672,051

3,603,386
4,295,004
4,847,549
7,408,640
9,239,132
9,001,711
10,539,026
8,495,008
8,882,754
8,891,025
10,676,522
9,028,036
20,583,000
30,459,000 
Proof
1,446,778
904,732
557,370
617,694
695,510
511,924
498,543
405,913
372,168
407,822
30,125*
498,293
440,315
450,728
549,330
600,743
746,398
647,342
747,831
801,602
816,663
1,092,477*
821,759
700,979
30,459,000 
Uncirculated






















4-66,573*
621,333*
533,757*

*Notes:
1995-W: Proofs issued only as part of the 10th Anniversary Gold Eagle Proof Set.
2006: Proof mintage includes 248,875 coins sold in the 20th Anniversary Set. Uncirculated mintage includes 248,875 coins sold in the 20th Anniversary Set and 19,145 coins sold in the Gold and Silver 20th Anniversary Set.
2007: Uncirculated mintage includes coins sold in the 2007 Annual Uncirculated Dollar Coin Set.
2008: Uncirculated mintage includes coins sold in the 2008 Annual Uncirculated Dollar Coin Set.
2009: Collectible uncirculated and proof coins were not issued this year.



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