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The 1993 American Eagle Silver Dollar is a highly sought-after coin among collectors and investors alike. It was minted in large quantities, with a total of 11,261,500 coins produced.
The coin features a beautiful design, with Adolph A. Weinman's Walking Liberty obverse and a heraldic eagle reverse. The obverse showcases Lady Liberty walking forward, while the reverse displays a majestic eagle.
One of the key factors that contribute to the coin's value is its silver content. The 1993 American Eagle Silver Dollar is made of 99.9% pure silver, weighing in at 1 troy ounce. This high silver content makes it a valuable collector's item.
Suggestion: Morgan Silver Dollar Silver Content
Price Guide
The price of a 1993-P American Silver Eagle can range from around $1,000 to upwards of $4,000 for some of the highest grades of the coin.
Finding a well-struck 1993-P American Silver Eagle is definitely worth the effort, as it would make a great addition to any Silver Eagle series collection.
For another approach, see: 1921 P Morgan Dollar Value
The total mintage of the 1993-P American Silver Eagle is 405,913, which is a relatively small number compared to other coins.
The 1993-P American Silver Eagle is made of 99.93% Silver and 0.007% Copper, giving it a unique composition.
Its diameter is 40.60 millimeters, which is a standard size for Silver Eagles.
Value Range
The value range of a 1993 American Silver Eagle can vary significantly depending on a few factors.
Regular issue 1993 $1 silver coins usually sell for around $2 above or below the current price of an ounce of silver.
If you're looking to buy or sell a 1993 American Silver Eagle, the current spot price of silver will determine its value, with the coin selling for around $20 if the spot price is $20.
Proof 1993 American Silver Eagles, on the other hand, can range in value from around $1,000 to upwards of $4,000, depending on the coin's grade.
The 1993-P American Silver Eagle, in particular, has a total mintage of 405,913, which may impact its value in the collector's market.
See what others are reading: American Eagle Silver 1 Oz
History and Details
The 1993 American Eagle Silver Dollar has a rich history. This key date coin was the first proof Silver Eagle struck at the Philadelphia Mint, making it a highly sought-after collectible.
Its design on the reverse features the American Bald Eagle behind a shield, holding arrows and an olive branch in its talons. The eagle is a symbol of American strength and freedom.
History of the 1993 American Silver Eagle
The 1993 American Silver Eagle is a significant coin in the series, and its history is fascinating. It was the first proof Silver Eagle struck at the Philadelphia Mint.
This coin has a very low mintage due to declining production that year. The design on the reverse of the American Silver Eagle was inspired by the “Walking Liberty” design of the Walking Liberty Half Dollar.
The reverse of the 1993 American Silver Eagle features the American Bald Eagle behind a shield. The eagle is holding arrows and an olive branch in its talons, symbolizing peace and war.
Above the eagle are 13 five-pointed stars that represent the 13 original colonies.
1993 1 Oz Proof Silver Eagle NGC PF70 UCAM
The 1993 1 oz Proof Silver Eagle NGC PF70 UCAM is a highly sought-after coin. It's one of the lowest mintage coins in the series, with only 405,913 coins produced.
The coin features the iconic Walking Liberty design on the obverse, created by Adolph A. Weinman in 1916. This design has been a staple of American coinage for decades.
The reverse of the coin features the heraldic eagle, designed by John Mercanti in 1986. This design is based on the historic 1794 depiction of the seal from Robert Scot.
The 1993 1 oz Proof Silver Eagle has a purity of 99.93% silver and 0.007% copper. It weighs 1 Troy ounce and has a diameter of 40.60 millimeters.
Here are the key details of the coin:
The coin is graded PF70 UCAM by the Numismatic Guaranty Corporation, indicating that it is a perfect specimen with full, original mint luster and no detractions.
Frequently Asked Questions
Are American silver eagles worth it?
American Silver Eagles are a valuable investment due to their intrinsic value, containing one troy ounce of .999 fine silver. Their worth lies in the precious metal content, making them a solid choice for those seeking a reliable investment opportunity.
Does a $1 silver eagle coin have intrinsic value?
Yes, a $1 silver eagle coin has significant intrinsic value due to its high silver content. Its actual value is much higher than its face value.
Sources
- https://coinappraiser.com/coins/value-of-1993-american-silver-eagle-1-coin/
- https://bullionsharks.com/1993-p-american-silver-eagle/
- https://www.jmbullion.com/1993-american-silver-eagle-ngc-pf70-ucam/
- https://www.chards.co.uk/1993-silver-eagle-one-ounce-bullion-coin/705
- https://www.silveragecoins.com/en/details
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