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 American Eagle Proof Silver Dollar NGC MS 70 San Francisco Mint
2011 American Eagle Proof Silver Dollar NGC MS 70 San Francisco Mint
$36.55 (12 Bids)
Time Remaining: 33m

Bid now | Add to watch list

2011 1 oz Silver American Eagle MS 70 NGC 25th Anniversary ER
2011 1 oz Silver American Eagle MS 70 NGC 25th Anniversary ER
$99.99
Time Remaining: 34m
Buy It Now for only: $99.99
Buy It Now | Add to watch list
2011 Silver Eagle 25th Anniversary 5 Coin Set Early Release NGC MS70 PF70 PF70UC
2011 Silver Eagle 25th Anniversary 5 Coin Set Early Release NGC MS70 PF70 PF70UC
$825.00
Time Remaining: 35m

Bid now | Add to watch list

2011 American Eagle Silver Dollar ANACS MS 69
2011 American Eagle Silver Dollar ANACS MS 69
$18.72 (5 Bids)
Time Remaining: 44m

Bid now | Add to watch list

2011 American Silver Eagle NGC MS69 25th Anniversary 4 LOT Set
2011 American Silver Eagle NGC MS69 25th Anniversary 4 LOT Set
$205.00
Time Remaining: 54m
Buy It Now for only: $205.00
Buy It Now | Add to watch list
2011 1 oz Silver American Eagle MS70 NGC Early Release ER 25th Anniversary
2011 1 oz Silver American Eagle MS70 NGC Early Release ER 25th Anniversary
$60.00
Time Remaining: 59m
Buy It Now for only: $60.00
Buy It Now | Add to watch list
2011 S American Eagle Silver Dollar ANACS MS 70 25th Anniversary 2 Coin Set
2011 S American Eagle Silver Dollar ANACS MS 70 25th Anniversary 2 Coin Set
$31.00 (17 Bids)
Time Remaining: 1h 23m

Bid now | Add to watch list

2011 25th Anniversary Silver Eagle Set PCGS MS69 PF69 First Strike Mercanti
2011 25th Anniversary Silver Eagle Set PCGS MS69 PF69 First Strike Mercanti
$785.00
Time Remaining: 1h 30m
Buy It Now for only: $785.00
Buy It Now | Add to watch list
2011 1 oz Silver American Eagle MS70 ANACS First Day of Issue 25th Anniversary
2011 1 oz Silver American Eagle MS70 ANACS First Day of Issue 25th Anniversary
$65.00
Time Remaining: 1h 38m
Buy It Now for only: $65.00
Buy It Now | Add to watch list
2011 AMERICAN SILVER EAGLE 1 Oz 999 Fine Each ORIGINAL MINT ROLL OF 20
2011 AMERICAN SILVER EAGLE 1 Oz 999 Fine Each ORIGINAL MINT ROLL OF 20
$549.95
Time Remaining: 1h 40m
Buy It Now for only: $549.95
Buy It Now | Add to watch list
2011 Silver Eagle 25th Anniversary PCGS MS 67
2011 Silver Eagle 25th Anniversary PCGS MS 67
$25.00
Time Remaining: 1h 52m

Bid now | Add to watch list

2011 Silver Eagle COIN NGC MS69 ER SAN FRANCISCO MINT
2011 Silver Eagle COIN NGC MS69 ER SAN FRANCISCO MINT
$26.99
Time Remaining: 1h 53m

Bid now | Add to watch list

American Eagle Silver Bullion Coin Resources

World Mint Coins | Coin Specifications, Resources and Coin Images