In addition, a few varieties and lower mintage production runs exist, which are considerably more valuable than common date silver eagle proofs. American silver eagle proof coins are considerably rarer than their uncirculated counterparts. They are produced from a specially prepared dye, which creates a mirror-like finish background and a frosted foreground. First minted in 1986, following the passage of the Liberty Coin Act on July 9, 1985, American silver eagle proof coins are among the most beautiful U.S. The coin contains exactly one troy ounce of pure silver and is considered legal tender with a face value of $1. The American silver eagle proof coin, along with the uncirculated American silver eagle, is the official silver bullion coin of the United States. The first American silver eagles were released to the public on November 24, 1986.Share Copy Email Print Twitter Facebook LinkedIn Silver Eagle Proof Coin In 1986, 5,393,005 uncirculated American silver eagles were produced at the Philadelphia mint while 1,446,778 were made at the San Francisco mint. Weinman, helped make the Walking Liberty half dollar (struck from 1916 through 1947) one of the world’s most beautiful coins.įor most years of the American silver eagle program, both uncirculated and proof versions have been struck. Part of the reason the American silver eagle is so popular is that it features the famous Walking Liberty design that first debuted on the half dollar in 1916. While the American Eagle series started out as patently a bullion investor’s coin, the program has caught on with numismatists, too, many of whom collect the coin on an annual basis.
9999 fine silver, and is the only silver coin in the American Eagle series, which also includes gold coins weighing 1/10 ounce, 1/4 ounce, 1/2 ounce, and 1 ounce. 1986 American silver eagles are coins that contain 1 ounce of.
The American Eagle program, approved under the Bullion Coin Act of 1985, would join other world mints, including Canada and South Africa, as a producer of fine bullion coins that would be recognized by investors internationally. In 1986, the United States Treasury embarked on a new bullion coin program that would prove to be one of the most popular in the world.
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