1 oz American Silver Eagle

The 1 oz American Silver Eagle is one of the most iconic and widely recognized silver bullion coins in the world. First released in 1986 by the United States Mint, it has become a staple for investors and collectors alike due to its purity, design, and government backing.

Why is the Coin Famous?

The 1 oz American Silver Eagle is notable for its purity and the assurance of quality provided by the U.S. government. Each coin contains one troy ounce of 99.9% pure silver, making it an attractive option for those looking to invest in precious metals. The coin's design features Adolph A. Weinman's Walking Liberty on the obverse, a classic image from American coinage, and John Mercanti's heraldic eagle on the reverse. Its combination of historical design and modern production has contributed to its popularity.

Who Designed the Coin and Why?

The obverse of the American Silver Eagle was designed by Adolph A. Weinman, originally for the half-dollar coin in 1916. This design was chosen for its representation of liberty and hope. The reverse side, designed by John Mercanti, features a heraldic eagle with a shield, symbolizing strength and endurance. This design was selected to convey the stability and reliability of the United States.

Coin Specifications and Symbolism

• Weight: 1 troy ounce (31.1035 grams)
• Silver Content: 99.9% pure silver
• Diameter: 40.6 mm
• Thickness: 2.98 mm
• Edge: Reeded

The American Silver Eagle is minted at several U.S. Mint facilities, including Philadelphia, San Francisco, and West Point. However, the mint mark is not present on bullion versions of the coin, differentiating them from proof and special edition coins.

American Silver Eagle Coin Value

While the intrinsic value of the 1 oz American Silver Eagle is tied to the current market price of silver, certain mintage years and mint marks can make specific coins more valuable. For example, Silver Eagles minted in 1996 have a lower mintage and are therefore often more sought after by collectors, leading to higher premiums. Additionally, coins with errors or unique variations can also command higher prices in the market.

The coin's value fluctuates based on the spot price of silver, but some coins with particularly low mintages or in exceptional condition (e.g., MS70) can carry significant numismatic premiums. It's a highly recognizable and trusted silver bullion coin, making it a solid choice for both new and seasoned investors.

The 1 oz American Silver Eagle represents not only an investment in precious metals but also a piece of American heritage. Its enduring design and reliable quality have made it a favorite among collectors and investors around the globe.

1 oz Silver Eagle Auctions