2016 American Silver Eagle 1 oz bullion

2016 American Silver Eagle (ASE) 1 oz bullion BU

The 2016 American Silver Eagle 1 oz bullion offers investors a trusted, highly liquid way to hold physical silver. As a core U.S. silver bullion coin, it contains 1 troy ounce of .999 fine silver and arrives in Brilliant Uncirculated condition. Use this page to compare premiums and total delivered prices so you can find the lowest cost per ounce on the 2016 American Silver Eagle 1 oz bullion before you buy.

Design and specifications

Obverse: Adolph A. Weinman’s classic Walking Liberty design (first used in 1916) shows Liberty striding toward the rising sun, draped in the U.S. flag with branches of oak and laurel in her left arm. Inscriptions include LIBERTY, IN GOD WE TRUST, and the year 2016. The design is widely recognized and a hallmark of American coinage history.

Reverse: John Mercanti’s Type 1 heraldic eagle features a shielded eagle with an olive branch and arrows, a banner reading E PLURIBUS UNUM, and 13 stars above. Surrounding legends read UNITED STATES OF AMERICA and 1 OZ. FINE SILVER~ONE DOLLAR. The 2016 bullion coin carries no mint mark and has a reeded edge.

Key specs: .999 fine silver; weight 1 troy ounce (31.103 g); diameter 40.6 mm; thickness 2.98 mm; face value $1 (legal tender, though traded for its silver content). Most 2016 bullion coins were struck at West Point, with supplemental output from San Francisco during periods of elevated demand. While 2016 marked the 30th anniversary of the Silver Eagle program, the anniversary edge lettering applied only to certain numismatic versions; the 2016 bullion coin retained the standard reeded edge.

Market and mintage context

The American Silver Eagle bullion program is intended for investment and is distributed by the U.S. Mint through an authorized purchaser network at a modest premium over spot, supporting strong secondary-market liquidity. The 2016 American Silver Eagle 1 oz bullion saw high investor demand, with final output exceeding 37 million coins, making it one of the more available dates of the Type 1 era. These coins are commonly accepted by dealers and are eligible for many precious metals IRAs, subject to custodian rules.

Highlights

- 2016 American Silver Eagle 1 oz bullion in Brilliant Uncirculated condition

- .999 fine silver; 1 troy ounce of silver content

- Obverse: Weinman’s Walking Liberty (1916 design heritage)

- Reverse: Mercanti’s Type 1 heraldic eagle with shield and 13 stars

- Legal tender $1, backed by the U.S. government

- Reeded edge; no mint mark on bullion issues

- 30th anniversary year of the Silver Eagle series (bullion retained standard edge)

- Widely traded, IRA-eligible where permitted

- Popular mintage, with production exceeding 37 million coins (U.S. Mint reports)

Why compare prices for the 2016 Silver Eagle

Premiums on the 2016 American Silver Eagle 1 oz bullion vary by dealer, payment method, and order size. Comparing total delivered costs helps investors identify the lowest premium over spot for BU coins, whether buying singles, tubes of 20, or sealed Monster Boxes of 500. Reviewing live prices side by side can reduce acquisition costs and improve your average cost per ounce over time.

FAQ

Q: What is the purity and weight of the 2016 American Silver Eagle 1 oz bullion? A: Each coin contains 1 troy ounce (31.103 g) of .999 fine silver.

Q: Who makes the American Silver Eagle? A: The U.S. Mint produces Silver Eagle bullion coins and distributes them through authorized purchasers.

Q: Does the 2016 bullion coin have a mint mark? A: No. Bullion Silver Eagles do not carry mint marks. Most 2016 coins were struck at West Point, with some supplemental production at San Francisco.

Q: Is the 2016 American Silver Eagle special? A: 2016 was the program’s 30th anniversary. The bullion coin kept its standard reeded edge; the commemorative edge lettering applied to certain numismatic (proof/burnished) versions only.

Q: What are the obverse and reverse designs? A: The obverse features Weinman’s Walking Liberty; the reverse (Type 1) shows Mercanti’s heraldic eagle with shield, olive branch, and arrows, plus 13 stars.

Q: Is the 2016 Silver Eagle IRA-eligible? A: Many custodians accept American Silver Eagles for precious metals IRAs, subject to their policies and IRS rules. Check with your IRA provider.

Q: What was the mintage? A: U.S. Mint reporting indicates total 2016 bullion production exceeded 37 million coins. Figures can be updated as the Mint finalizes data.

Q: How were these coins intended to be used? A: They are investment-grade bullion, legal tender at $1 face value but traded based on their silver content and market premium.

Q: How can I authenticate a 2016 American Silver Eagle? A: Buy from reputable sources, check weight and dimensions, inspect security characteristics like reeded edge and fine details, and consider third-party verification tools if needed.

Note: Pricing and availability change with the silver spot price and market conditions. Compare total costs, including premiums, payment fees, and shipping, before purchasing.

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