Some can be worth as little as a few dollars over the spot value of silver, while others go for five figures! One of the first things you should know about these 1 oz Silver American Eagle coins minted by the United States Mint is that they do contain one full troy ounce of .999 pure silver. 1992 american silver eagle bullion coin silver as an investment wikipedia 1921 morgan silver dollar value silver eagle coin value chart 1889 morgan silver dollar coin value walking liberty half dollar 1916 1947. W for West Point, New York. — U.S. Mint. Yet in the NGC price guide the PF70 coins are valued at between 60-100% more than the PF69 coins. Please enter your username/email and password to log in. Are you concerned the precious metals train has left the station without you? Yes let me know an about the ones minted in West Point. The initial bills drafted died in the House of Representatives. The more collectors that want a particular piece, then the more valuable a coin typically becomes. When silver prices are $15 to $20 an ounce, the coins below are worth the following: I’m the Coin Editor here at TheFunTimesGuide. There are two different types of toning that can develop: attractive toning (rainbow, gold, etc.) About $1 Silver Eagles (Proof) Proof $1 American Silver Eagles are the collectible variety of the popular one-ounce silver bullion coin series issued by the United States Mint since 1986. That’s why if you want to buy silver eagle coins, it’s a good idea to keep close tabs on the daily bullion values: As legal tender, they’re the only silver bullion coins whose weight and purity are guaranteed by the United States government. One should look to the first factor of mintage to help understand why the 1999 is worth more than the 1986. For most years of the American silver eagle program, both uncirculated and proof versions have been struck. I’m also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). $23.6463 is the rounded silver value for the 1986-2013 silver eagle on October 30, 2020. Are you curious about what American silver eagle dollar coins are worth? Privacy Policy. They’re also the only silver coins allowed in an IRA. The higher the grade, the more valuable the coin actually is. Meanwhile, there are at least a few bullion and uncirculated American silver eagle coins that are also worth more than bullion value. I primarily collect and study U.S. coins produced during the 20th century. If you go back further, you’ll see the value of an American silver eagle today is less than half of what it would have been worth a few years earlier. Fast forward 1 year to late summer 2015. FREE Subscription to Our Precious Metals Newsletter. 83616-9120. American Silver Eagles with natural, attractive toning often trade for high premiums, while unattractive toned American Silver Eagles will trade for substantial discounts. Sales have skyrocketed since the 2008 housing market crash and subsequent financial crisis, leading the U.S. Mint to strike 30 to 50 million American silver eagle coins during a typical year; those figures are several times greater than the average mintages for American silver eagles from anytime in the 1980s and 1990s. While American silver eagles are classified as bullion coins, they are often collected by numismatists. History of the Silver American Coin. This site uses Akismet to reduce spam. When prices go up, of course, that’s the time to sell your silver bullion coins. But, hindsight is always 20/20, isn’t it? Filed Under: Coin Values, Hobbies & Crafts Tagged With: Bullion Coins, Eagle Coins, Silver Coins. or unattractive toning (brown, black). The Silver Eagle program consists only of a 1 Troy oz silver coin with.999 purity and a face value of $1 (USD) backed by the federal government. Of course, because the coin is virtually pure silver, fluctuating bullion prices will mean silver eagles are technically worth something different almost every day. As a collector or investor of modern rare coins, it is important to understand where the value comes from and what makes a coin worth its weight in silver and what makes another worth big money…. While American silver eagles are classified as bullion coins, they are often collected by numismatists. Of course, the nature of all bullion coinage is that its prices will fluctuate. While the majority of these mintage figures are comprised of uncirculated or "bullion" examples of the American silver eagle, these numbers also include special proof silver eagles, which are primarily collected by numismatists. _______________________________________________________________________, Bidding Almost Over on 1916 Type I Standing Liberty Quarter in AU-55, PMG-Graded Notes Lead the Way in Spink Auction in London, Pattern US Coins: The 1879 Schoolgirl Dollar, So You’ve Decided to Collect Classic Head Half Eagle Gold Coins…, Renowned NGC-Certified Spanish Gold Royal Debuts in Sedwick Auction, Altered Coin Detection: Cameo 1960 Franklin Half Dollar. Silver Eagles, just like any other coin, vary wildly in value. The lowest mintage in the Mint State Silver Eagle series used to be the 1996 Silver Eagle at only 3,603,386. Naturally, there are only a few perfect grade 70 coins and many collectors are chasing them for their sets. Copyright © 2004-2020 The Fun Times Guide | Privacy Policy | About | Contact | Sitemap, 8 Things To Consider When Buying American Silver Eagles, Tips For Buying Silver Eagles As Bullion Or Collectible Coins, 6 Ways to Buy American Silver Eagles At Cheap Prices, Collecting & Investing In American Silver Eagles, Buying American Silver Eagle Coins From The U.S. Mint, Images of America: The United States Mint in Philadelphia. The American silver eagle came along after silver stockpiles teemed with excess at the National Defense Stockpile in the 1970s. American Eagle Silver Dollar Value Chart Saturday, 7 November 2020. Naturally, the lower the original mintage of a Silver Eagle, the more scarce that particular coin is. So, in other words, if I had stocked up on silver eagle coins back in 1992 and sold them in April 2011, I would have done very well for myself. Because American silver eagle bullion coins ARE indeed real silver dollars, they DO enjoy a collectible value above and beyond their precious metal content. The rarest ASE are worth much less than the most common. “Milky spots” are white spots that develop on coins after they leave the U.S. Mint facility. What You Should Know About Silver Eagles. Calculate silver value : ( 23.67 × .0321507466 × 31.1034768 × .999) = $23.6463300050. Currently, milky spots on American Silver Eagles can significantly devalue the coin in comparison to spot free coins. When Franklin Roosevelt's executive order declaring private ownership of gold and silver bullion as unlawful was finally rescinded in 1971, conservatives began pushing for the US Mint to reintroduce precious metal coins suitable for investment. THE OFFICIAL 2021 MEGA RED BOOK DELUXE EDITION, LIGHTHOUSE INTERCEPT SHIELD DOUBLE ROW SLAB BOX, PROFESSIONAL LARGE TABLE TOP SCALE (4000 X .1 G), LIGHTHOUSE HIGH PERFORMANCE DIGITAL MICROSCOPE, BCW TOPLOAD HOLDERS -- LARGE CURRENCY -- PACK OF 25, Collector's Assistant - World , Ancient, US and Paper, HEAVY DUTY DOUBLE ROW SLAB/CROWN BOX (10 INCH), PLEASURE AND PROFIT: 100 LESSONS FOR BUILDING AND SELLING A COLLECTION OF RARE COINS, LIGHTHOUSE COIN CLEANING FLUID FOR ALL COINS. How much does it cost to get a tube of 20 silver eagle’s graded? Meanwhile, the obverse carries a modern, stylized heraldic eagle by John Mercanti. The older the coin, the more time value that is attributed to the coin. The U.S. Mint shortly thereafter admitted that roughly 79,000 coins had indeed been minted at Philadelphia. Silver American eagles were first issued on September 1, 1986 as a result of the Liberty Coin Act empowering the Treasury to mint and issue silver bullion coins. Certification Agency: US Mint. In fact, I’d equate buying bullion coins to buying stocks in a company. The reverse of the silver eagle boasts the seal of the United States of America with 13 stars representing the original colonies. History of the Silver American Coin. When I first got into the hobby of coin collecting in 1992, silver was around $5 an ounce. The older the coin, the more time value that is attributed to the coin. The American Silver Eagle carries on its obverse the Walking Liberty design by Adolph A. Weinman, a motif first employed on United States half dollars struck from 1916 through 1947 and brought out of a 39-year retirement to appear on this iconic silver bullion coin. Therefore, the 2015(P) American Silver Eagle took the spot as the lowest mint state American Silver Eagle ever. Learn how your comment data is processed. You are now being logged in using your Facebook credentials. My love for coins began when I was 11 years old. First and foremost, the mintage of the coin is very important. In 1986, 5,393,005 uncirculated American silver eagles were produced at the Philadelphia mint while 1,446,778 were made at the San Francisco mint. The United States Mint strikes proof versions of silver eagles, which are usually worth a minimum of $40 to $50 each. Furthermore, 1999 is one of the years where very few coins were minted well and even developed “milky spots,” which prevent the coins from grading in perfect 70. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. That is especially true in the case of American silver eagle coins. By using our site, you acknowledge that you have read and The monthly average price for Silver Eagles in 2016 was $21.24 per coin. Silver eagles have enjoyed spectacular success with an almost constant increase in mintage year after year. 2020 (P) American Silver Eagles: A New Modern Rarity. But in 1985 the Liberty Coin Act was passed and signed into law by president Ronald Reagan, ushering in the era of the American silver eagle, a coin that would become one of the most popular silver bullion items ever. Save my name, email, and website in this browser for the next time I comment. According to NGC as of April 10, 2019, there are only 248 graded and the piece is valued at $23,000! The face value of the American silver eagle is $1 and the Walking Liberty design on the obverse side was borrowed from Adolph A. Weinman's popular Walking Liberty half dollar, which was produced from 1916 through 1947. These coins were made between 2001 and the present day. Our website uses cookies to improve your experience, which can include personalizing advertising. If, given the way silver prices are behaving, you think that values are about to bottom out for the silver eagle, it might be the best time to buy. Apparently modern manufacturing at the Mint has improved in recent years and the Mint appears to be producing a much higher percentage of PF 70 ASE than the PF69 ASE. The 1995-W proof silver eagle is worth more than $4,000! Silver eagles are popular as bullion coins because they’re made from a composition of 0.999% fine silver — that’s just shy of 100% pure! agree to our, The Ultimate Guide to American Silver Eagle Coins, The Present and Future of American Silver Eagle Coins, Silver American Eagle - In Congratulations Capsule, Silver American Eagle - In Happy Birthday Capsule, Silver American Eagle - In Merry Christmas Capsule, S, denoting that the coin was made in San Francisco in the period of 1986-1992, P for Philadelphia, where the minting took place between 1993 and 2000. Although these four factors are not the only factors that drive the value of Silver Eagles, they certainly serve as some of the major ones.