American Eagle Silver Bullion Coin

American Eagle Silver Bullion Coin - click on image to enlarge
American Eagle Silver Bullion Coin - click on image to enlarge

General Coin Information

The American Eagle Silver Bullion Coin was first available from the US Mint in 1986 and offers investors and collectors a unique way to obtain a coin whose true worth is based on the value of the metal it contains. Typically, a coin's value is determined from its limited mintage, rarity, condition and age. In the case of the American Eagle Silver Bullion coin, it is mostly determined by the market value of the ounce of silver it is struck from.

Silver being more affordable than gold and platinum, these pieces are favorites among many for their affordability and credibility. The Silver Eagle is considered legal tender of the United States and were the first silver bullion coins whose weight and purity were guaranteed by that government. In fact, the US Government allows investments in these coins to be listed as assets in personal retirement accounts.

The Silver Eagle Coin is only available in one size containing one ounce of silver. Its face value is $1. The coins are not sold directly to the public by the US Mint, but instead are issued through its network of authorized purchasers. This network obtains the coins in bulk, then resells them in smaller lots to the public for a small premium above the current spot price of the silver they contain.

For reference, 34,764,500 of the 2010-dated Silver Eagles were sold by the US Mint which was an annual record at the time for the program.

Obverse Design

Adolph A. Weinman's 1916 "Walking Liberty" half dollar provided the basic origin for the obverse design. That vintage coin is considered to be one of the most beautiful American coins ever minted. The obverse also contains the year, and the word "LIBERTY".

Reverse Design

The reverse comes from the work of engraver John Mercanti and contains a Heraldic Eagle with shield, meant to symbolize strength and endurance. Carried in the beak of the eagle are the words "E PLURIBUS UNUM". Also visible around the edge are "UNITED STATES OF AMERICA", "1 OZ. FINE SILVER" and "ONE DOLLAR".

American Eagle Silver Bullion Coin Specifications


Mint: United States Mint
Mintmark:
Finish/Condition:
Metal Content: 99.9% silver
Gross Weight: 1.0001 Troy oz. - 31.103 g
Fine Weight: 31.072 g
Diameter: 40.60 mm
Thickness:2.98 mm
Edge: Reeded
Mintage Limit: Depends on demand
Face Value: $1
Obverse Designer: Adolph A. Weinman
Reverse Engraver: John Mercanti

American Eagle Silver Bullion Coin Auctions




2011 P SILVER EAGLE REVERSE PROOF 25TH ANNIVERSARY SET PCGS PR70 FIRST STRIKE
2011 P SILVER EAGLE REVERSE PROOF 25TH ANNIVERSARY SET PCGS PR70 FIRST STRIKE
$365.00
Time Remaining: 1h 14m

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2011 SILVER EAGLE 25TH ANNIVERSARY SET PCGS MS70 FIRST STRIKE SPOTLESS
2011 SILVER EAGLE 25TH ANNIVERSARY SET PCGS MS70 FIRST STRIKE SPOTLESS
$69.95
Time Remaining: 1h 16m

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2011 S American Silver Eagle NGC MS 70 San Francisco Mint No Reserve
2011 S American Silver Eagle NGC MS 70 San Francisco Mint No Reserve
$31.00 (11 Bids)
Time Remaining: 1h 19m

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2011 PCGS MS69 First Strike Silver Eagle Dollar From 25th Anniversary Set
2011 PCGS MS69 First Strike Silver Eagle Dollar From 25th Anniversary Set
$58.79
Time Remaining: 1h 19m
Buy It Now for only: $58.79
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2011 AMERICAN SILVER EAGLE BRILLIANT UNCIRCULATED COIN WITH CUSTOM BOX
2011 AMERICAN SILVER EAGLE BRILLIANT UNCIRCULATED COIN WITH CUSTOM BOX
$31.00
Time Remaining: 1h 42m
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2011 25th Ann Silver Eagle Mercanti PCGS MS70 First Strike
2011 25th Ann Silver Eagle Mercanti PCGS MS70 First Strike
$39.00 (12 Bids)
Time Remaining: 2h 26m

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2011 S San Francisco 25th Ann Silver Eagle Mercanti PCGS MS70 First Strike
2011 S San Francisco 25th Ann Silver Eagle Mercanti PCGS MS70 First Strike
$261.00 (10 Bids)
Time Remaining: 2h 28m

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2011 P Reverse Proof 25th Ann Silver Eagle Mercanti PCGS PR70 First Strike
2011 P Reverse Proof 25th Ann Silver Eagle Mercanti PCGS PR70 First Strike
$300.00 (36 Bids)
Time Remaining: 2h 30m

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2011 American Silver Eagle 25th Anniversary Set 5 coins Box and COA
2011 American Silver Eagle 25th Anniversary Set 5 coins Box and COA
$465.00 (38 Bids)
Time Remaining: 2h 38m

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25th Anniversary Case and COA 2011 American Silver Proof Eagle NO COINS
25th Anniversary Case and COA 2011 American Silver Proof Eagle NO COINS
$12.99
Time Remaining: 2h 48m
Buy It Now for only: $25.99
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2011 American Silver Eagle GEM BU One Dollar One Troy Oz 999 Fine Silver Coin
2011 American Silver Eagle GEM BU One Dollar One Troy Oz 999 Fine Silver Coin
$17.50 (2 Bids)
Time Remaining: 3h 11m

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2011 Silver Eagle 25th Ann Early Releases NGC MS69 287
2011 Silver Eagle 25th Ann Early Releases NGC MS69 287
$21.50 (8 Bids)
Time Remaining: 4h 14m

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American Eagle Silver Bullion Coin Resources

World Mint Coins | Coin Specifications, Resources and Coin Images