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About the American Eagle Silver Coin
The American Eagle silver coin is the official American silver bullion coin and was first released by the U.S. Mint in 1986 after its release had been authorized by the Liberty Coin Act of 1985. The coin only comes in 1 ounce and has the nominal face value of $1. The American Eagle silver is guaranteed to contain one troy ounce of 99.9% pure silver. The U.S. Mint certifies the content, weight, and purity of the coin. The silver Eagle is produced at three different mints, the Philadelphia Mint, the San Francisco Mint, and the West Point Mint. Aside from the bullion version, the U.S. Mint also produces a proof version and an uncirculated version for coin collectors.
How to Buy The American Eagle Silver Coins
If you’re in Arizona, you can walk into our office during business hours to buy. You can also call in to place an order, use our live chat function, or request a quote directly from our website.
Why Invest in the American Eagle Silver Coin
Ideal for short-term holding and speculative trading.
Instant liquidity when you want to sell quickly.
Well-known and widely recognized in the market.
Considering the benefits of adding the American Eagle Silver Coin to your portfolio? Schedule a free strategy session with a precious metals advisor to discuss your options and goals.
American Eagle Silver Coin Design
The obverse design of the coin was adapted from the very popular “Walking Liberty” design by Adolph. A. Weinman that had previously been used on the Walking Half Dollar coin from 1916 to 1947. The obverse side features the word LIBERTY and the phrase IN GOD WE TRUST, as well as the year of minting.
The reverse side of the coin shows a heraldic eagle behind a shield (designed by John Mercanti) that is holding an olive branch in its right talon and arrows in its left talon. There are thirteen five-pointed stars (representing the thirteen original colonies) above the eagle. Furthermore, eagles is holding a banner in its beak with the phrases UNITED STATES OF AMERICA, 1 OZ. FINE SILVER~ONE DOLLAR and E PLURIBUS UNUM. If applicable, the reverse side also features the mint mark.
The American Eagle Silver Coin Design Changed in 2021
In early October of 2020, the U.S. Mint announced the nation’s most beloved coin was getting a makeover in 2021, along with the popular American Gold Eagle coins. The new design for the 2021 American Silver Eagle 1 oz coin features a “refresh” of the obverse design, an entirely new reverse design, and enhanced security features.
Read more about the redesign in our article: 2021 Silver Eagle Type 2 Coin Is Finally Here!
American Eagle Silver Proof Coin
The American Eagle silver coins are also available as proof coins. This means that the coins have undergone a distinctive minting process: burnished coin blanks are manually fed into presses with special dies and then struck several times, which yields smoothly frosted, yet sharp images that look like they are floating over a mirror-like background. The American Eagle silver Proof Coin is only available in the 1oz size. It is produced for collectors at the U.S. Mint at West Point and bear the “W” mint mark.
Silver Eagle Coin Specifications
1 Troy oz American Silver Eagle Coin
|Net fine weight||1.00 ozt|
American Eagle Silver Coin Value
The legal value of the silver Eagle is $1. The coins are legal tender for all debts public and private at their face value. Yet, this face value does not correspond to their intrinsic value, which is greater and is determined through their silver content and current price for silver. Most bullion issues are not especially expensive and are traded at a premium plus their intrinsic value; most proof and uncirculated versions are more expensive. Special editions sell for a lot more, of course, such as the 2006-W 20th Anniversary Set (uncirculated) for $1,850.
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