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American Eagle dollars have a rich history that spans over two decades. The first American Eagle dollar was minted in 1986.
The design of the American Eagle dollar has undergone several changes over the years. The original design featured an eagle in flight, while the current design features an eagle in a more static pose.
The American Eagle dollar is a highly collectible coin, with many different varieties and mint marks available. This makes it a great option for collectors looking to start or add to their collection.
History of American Silver Eagle Coins
The American Silver Eagle coins have a rich history that's worth exploring. The first American Silver Eagle was produced in 1986, and since then, it's become one of the most popular bullion coins in the world.
The design of the Silver Eagle series was actually created in 1916 by Adolph A. Weinman, and it was originally used for the U.S. Half Dollar, known as the Walking Liberty Half Dollar. This design has been a staple of American coins for over a century.
The American Silver Eagle coins are produced by the U.S. Mint in both Standard bullion state and proof finishes, making them exceptional coins for collectors as well. The weight, content, and purity of every Silver Eagle coin is guaranteed by the U.S. Government, with a weight of 31.101 grams, 1 troy ounce of silver, and 99.9% pure silver.
The American Silver Eagle coins come in three types: uncirculated, proof, and burnished. The uncirculated coin has been offered annually since 1986, while the proof coin was released simultaneously with the uncirculated coin in 1986.
History of American Silver Eagle Coins
The American Silver Eagle coin has a rich history that spans over three decades. It was first produced in 1986.
The design of the Silver Eagle series was actually created in 1916 by Adolph A. Weinman. This design was originally used for the U.S. Half Dollar of that time known as the Walking Liberty Half Dollar.
Each coin features a reeded edge and has a legal tender face value of one dollar. This face value does not correlate directly with the intrinsic value of the coins.
The U.S. Mint has produced American Eagle Silver Coins in both Standard bullion state and proof finishes, with the exception of 2009 when no proof was made. This makes American Eagle Silver Dollars exceptional coins for collectors.
The weight of every Silver Eagle coin is 31.101 grams, and its content is 1 troy ounce of silver. The purity of every Silver Eagle coin is 99.9% pure.
The only item offered under the Silver Eagle program is a coin weighing one troy ounce with .999 pure silver and a one dollar face value.
US Silver Eagle Coin: Beautiful
The US Silver Eagle Coin is a stunning piece of art, meticulously crafted to the precise standards of the United States Mint.
Each coin is marked with its date of issue and features the infamous words "E Pluribus Unum" and "In God We Trust."
The design on these silver eagle coins is based on Adolph A. Weinman's familiar 1916 "Walking Liberty" half-dollar, widely considered one of the more beautiful American coins ever minted.
The American Silver Eagle Bullion Coins contain precious metals of 99.93% silver as required by law, and .07% copper.
The US Mint American Eagles Silver Coins are minted in Philadelphia and at the Bullion Depository in West Point, New York.
Here are the official specifications of the American Eagle Silver Dollar:
- Contains one troy ounce of fine silver
- In uncirculated gem brilliant condition
- Carries a face value of one dollar and has a diameter of 40.6 mm
The American Eagles Silver Bullion coins weigh in at 31.101 grams (One troy ounce = 31.1033 grams.) and has the face value of a dollar.
The new US Mint American Eagles Silver Dollar has the design of Adolph A. Weinmans' Walking Liberty, originally used on the half dollar coins from 1916 through 1947.
You'll find his initials on the hem of Miss Liberty's gown.
Here's how the US Mint packages their coins:
- Smaller orders of 1-15 coins are delivered with each Eagle packaged in a “coin flip” – a clear, flexible, plastic envelope designed to enclose and protect individual coins.
- Above 15 coins, we’ll generally use hard plastic “Mint Rolls” made by the US Mint to hold up to 20 Silver Eagles.
- Large rectangular US "Mint Boxes", designed to hold 500 coins, are reserved for volume orders.
American Eagle Coins
The American Eagle Coin has a rich history, with the first two years of availability contributing significantly to the highest mintage figures in the program's first 20 years. The coin's popularity has led to a peak in 2015 with the yearly issuance of 47 million Silver Eagles.
Each American Eagle Coin has a stated value of just one dollar, but its true value lies in its precious metals content - one ounce of pure silver. This makes it a highly sought-after investment-grade coin, with a current spot price that can fluctuate.
The design of the coin is fairly simple, with the front showing a female with the sun behind her and the back featuring an eagle, shield, and 13 stars. If you have a 2008 American Silver Eagle, be sure to check if it's a proof coin, which can be identified by a W mint mark under the left side of the eagle.
Eagle Coins: Mintage
The American Silver Eagle's mintage has been influenced by demand and economic factors. The coin's supply peaked in 2015 with a staggering 47 million coins issued.
The Liberty Coin Act of 1985 requires the US Mint to produce the uncirculated version of the coin. This has contributed to the high mintage figures for this variety.
The first two years of the program saw the highest mintage figures in the first 20 years, largely due to strong demand. This initial demand set the stage for the coin's popularity.
The mintage rates for the proof and burnished coins are different, with the proof coin rarely reaching a mintage cap. The US Mint eventually stopped using mintage limitations for proof coins.
The proof coin has never achieved the same level of popularity as the uncirculated version.
American Eagle Collector Edition
Collectors have been attracted to American Silver Eagles for decades, and it's not just about the investment potential. Many of these coins have become cherished family heirlooms.
The excitement of hunting down and owning one from every date created is a significant part of the appeal for many collectors.
American Eagle's Design
The American Eagle's design is truly iconic and recognizable. The Walking Liberty Half Dollar's obverse, designed by Adolph A. Weinman, first appeared in circulation in 1916.
The obverse of the American Silver Eagle features the words "Liberty" and "In God We Trust", as well as the coin's issue year. Each coin is a work of art, meticulously crafted to precise standards.
The reverse of the American Silver Eagle bears a heraldic eagle with wings raised high and 13 stars to symbolize the 13 founding states. The coin's inscriptions include "E Pluribus Unum", "The United States of America", and "1 oz Fine Silver One Dollar."
The design of the American Eagle Silver Dollar is based on Adolph A. Weinman's familiar 1916 "Walking Liberty" half-dollar. You'll find his initials on the hem of Miss Liberty's gown.
Here's a breakdown of the American Eagle's design specifications:
The American Silver Eagle's design is a beautiful representation of American history and culture.
Design and Value
The American Silver Eagle's design is easily recognizable and iconic. The Walking Liberty Half Dollar's obverse, designed by Adolph A. Weinman, first appeared in circulation in 1916.
The coin's obverse features the words "Liberty" and "In God We Trust", as well as the coin's issue year. The reverse of the American Silver Eagle is where the coin gets its name, featuring a heraldic eagle with wings raised high and 13 stars to symbolize the 13 founding states.
The coin bears the inscriptions "E Pluribus Unum", "The United States of America", and "1 oz Fine Silver One Dollar."
Frequently Asked Questions
How much is a 1999 American Eagle silver dollar worth?
A 1999 American Eagle silver dollar is typically worth around $2 above or below the current price of an ounce of silver, depending on market conditions. Its value is largely determined by the current silver price.
Are American Eagle silver dollars a good investment?
American Eagle silver coins have a high premium, making them a less cost-effective investment option compared to other silver coins. Consider alternative options for a more affordable and potentially lucrative investment in silver.
Sources
- https://www.austincoins.com/american-silver-eagle-coin
- https://www.silvertowne.com/category/336/silver-american-eagles
- https://www.hsn.com/shop/50-99-silver-american-eagle-coins/co0094-6664
- https://www.boldpreciousmetals.com/1-oz-silver-american-eagle-coins
- https://coinappraiser.com/coins/value-of-2008-american-silver-eagle-1-coin/
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