
The American Eagle Silver Dollar is a highly sought-after coin among collectors and investors alike. It's no wonder why, given its impressive mintage and long history of production.
The American Eagle Silver Dollar has been produced by the United States Mint since 1986.
Its popularity stems from its high silver content, with each coin containing one troy ounce of 99.9% pure silver. This makes it a valuable investment opportunity for those looking to diversify their portfolios.
The coin's design features iconic American imagery, including Lady Liberty on the obverse and an eagle on the reverse.
American Eagle Coin Values
The 2004 American Silver Eagle has a declared value of just one dollar, but its real value comes from its one ounce of pure silver content.
Each regular issue 2004 $1 silver coin usually trades for around $2 above or below the current price of an ounce of silver.
If you're considering selling, the current spot price is what you'll get paid for non-proof American Silver Eagles.
The price of silver can fluctuate, so if the spot price is $20, you'll get paid $20 per coin.
A different take: Current Silver Spot Value
Proof
Proof Silver Eagles are truly stunning coins with a beautiful finish that sets them apart from other coins. Their surfaces are highly polished and mirror-like with sharp contrast.
A special process is used to give Proof Silver Eagles their unique finish, which involves cleaning, hand polishing, and striking the coins twice. This process requires great care and attention to detail.
Proof Silver Eagles are released annually, making them a highly sought-after collectible item. They offer collectors the opportunity to own one of the most beautiful versions of the popular Silver Eagle coin.
The unique finish of Proof Silver Eagles is achieved through the use of specially polished dies, which adds to their beauty and value.
For more insights, see: 1986 Silver American Eagle Proof
Burnished Eagles
Burnished Eagles are a unique variation of the American Silver Eagle coins. They have a smooth matte finish instead of a shiny finish like Proof Silver Eagles.
The striking process for Burnished Eagles starts with polished coin blanks, which are then pressed one at a time. This process gives the coins a carefully crafted finish.
Burnished Eagles carry a mint mark that denotes their mint of origin, while bullion Silver Eagles do not have a mint mark. This can be an important detail for collectors.
The matte finish of Burnished Eagles allows you to appreciate the Silver Eagle designs in a new light. It's a subtle difference, but one that can make a big impact on the overall appearance of the coin.
The Eagles Begin
The American Silver Eagle was first minted in 1986, marking the beginning of a new era in precious metal investing.
The Liberty Coin Act of 1985 authorized the creation of the American Eagle bullion coin, providing investors with a safe and simple way to invest in precious metals.
The first coin was struck on October 29, 1986, in San Francisco, with a striking ceremony that marked the start of the San Francisco Silver Rush of 1986.
Secretary of the Treasury James A. Baker III was on hand to proclaim the start of the silver rush, pushing the start button on coin press No. 105 to begin the process.
Condition and Rarity
The condition and rarity of an American Eagle silver dollar can greatly impact its value.
A coin's grade, which is its condition, is determined by the presence of wear, scratches, and other imperfections.
A coin in good condition can command a higher price than one that is worn or damaged.
The American Eagle silver dollar has been minted since 1986, and over the years, some coins have become more rare than others due to their limited mintage.
Value of 1999 American Eagle Coin
The 1999 American Eagle Coin is a bullion coin made by the United States mint, with a stated value of $1.
Each regular issue 1999 $1 silver coin usually sells for around $2 above or below the current price of an ounce of silver, depending on if you're buying or selling.
The coin contains one ounce of pure silver, and if the silver spot price is $20, then you can sell it for $20 per coin.
Worth a look: 1 Oz Silver American Eagle Value
The coin has the following text: 1999 – LIBERTY – In God We Trust – United States Of America – E Pluribus Unum – 1 OZ. Fine Silver One Dollar.
The design is fairly plain, with the obverse (front) showing a female with the sun behind her and the back (reverse) showing an eagle with shield and 13 stars.
A proof 1999 American Silver Eagle has a P mint mark under the left side of the eagle, signifying that it was minted in Philadelphia.
Proof coins are considered more valuable than regular strikes, making them a valuable addition to any collection.
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Value of 2004 Eagle
The value of a 2004 American Silver Eagle can vary depending on whether it's a regular issue or a proof coin. Each regular issue 2004 $1 silver coin usually trades for around $2 above or below the current price of an ounce of silver.
The value of a 2004 American Silver Eagle is determined by its silver content, which is one ounce of pure silver. If you're considering selling, you'll get the current spot price for non-proof American Silver Eagles.
Related reading: Price of Silver Australian Dollars
To determine the value of your 2004 American Silver Eagle, check if it has a W mint mark under the left side of the eagle. This signifies that the proof coin was minted in West Point.
The letter W on a 2004-W ASE signifies that it's a proof coin, which is considered more valuable than a regular strike.
Mint State / BU Eagles
Mint State / BU Eagles are the traditional bullion Silver Eagles released yearly.
These coins feature a Brilliant Uncirculated (BU) finish, which gives them a smooth appearance that's less shiny than their Proof counterparts.
Bullion or Brilliant Uncirculated (BU) Silver Eagles are notable for NOT carrying a mint mark.
Their BU finish is a result of a process that gives them a more matte appearance than other types of coins.
See what others are reading: Mint Mark
Sources
- https://coinappraiser.com/coins/value-of-1999-american-silver-eagle-1-coin/
- https://www.govmint.com/us-coins/silver-eagle
- https://www.greysheet.com/prices/sp/one-dollar-silver-eagles-proof/9540
- https://coinappraiser.com/coins/value-of-2004-american-silver-eagle-1-coin/
- https://www.greysheet.com/prices/sp/one-dollar-silver-eagles/9011
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