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American Silver Eagle Coin – Quick Fact Sheet

Bullion InvestmentBullion & Coins Buying GuideSilver Coins › American Silver Eagle Coin

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Considered to be the official silver bullion coin of the United States, American Eagle silver bullion coins represent an easy, inexpensive way to invest in precious metals. The American Silver Eagle coin is perhaps one of the most popular silver bullion coins in the world.

Continue reading for some quick facts, investment insight and a brief history of the American Silver Eagle coin.

American Silver Eagle Coin Quick Facts and Brief History

Type Silver Bullion (Investment), uncirculated or proof sets (numismatic/collectors’)
Mintage Each year since 1986 by the U.S. Mint
Weights/Denominations 1 troy ounce of 99.9% pure silver bullion ($1 face value).
Front Design Adolph A. Wineman’s “Walking Liberty” featuring Lady Liberty gliding confidently toward the sun. Design originally from the 90% silver Walking Liberty Half Dollar issued in the United States from 1916-1947.
Rear Design Features a heraldic silver eagle behind a shield grasping an olive branch in one talon and arrows in the other. Above it sits 13 stars representing the original thirteen colonies. Designed by sculptor John Mercanti
Brief History American Eagle silver bullion coins were first released by the U.S. Mint in November, 1986 under the Liberty Coin Act passed the year before. Minted each year since, the American Silver Eagle coin was first minted in the San Francisco Mint, then the Philadelphia Mint and now West Point. The U.S. Mint also produces collectors’ proof sets each year.
Why buy?

American Eagle silver bullion coins are one of the easiest and low-cost ways to invest in precious metals. U.S. law allows these silver bullion coins to be included in an IRA retirement account, presenting additional tax benefits as well. Investors can buy American Eagle silver bullion coins individually or in a monster box of 500 (bulk pricing applies for most dealers).

During the financial crisis and ongoing recession, the U.S. Mint has been experiencing tremendous demand for these versatile coins.

Collectors’ on the other hand can find valuable, rare first strike coins certified by either the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC). Coins like the MS69 Silver Eagle are assigned an elite Mint State 70 grade or similar designation.

Other Specifications 1-troy ounce American Silver Eagle coin
  • Diameter = 40.6 mm (1.598 in.)
  • Thickness = 2.98 mm (0.1193 in.)
  • Gross Weight = 31.103 grams (1-troy ounce)
  • Face Value = $1

Learn more about American Eagle silver bullion coins along with other investment options and how to manage your gold and silver bullion investments by reading more. And if you have any questions or would like to buy American Eagle silver bullion coins for your portfolio, check out our main site for current prices.