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American Silver Eagle Value Chart - 1986 Until Now

American Silver Eagle Value Chart - 1986 Until Now

The American Silver Eagle represents the cream of the crop of the United States Mint products. Ever since its launch in 1986, it has grown to become the most important silver bullion coin program in the world. So much so that it actually shares a collector market.

In this article, we will cover a brief history of the American Eagle silver coin program, its appeal as a collectible item, and its iconic design, and delineate a value chart based on the current silver spot price. Of course, when it comes to numismatic value, the condition of the coin is of utmost importance.

Thus, we will only be covering PR and MS 69 and 70, which are the real gems when it comes to silver bullion coin collecting. Anything below that is too close to the silver spot price or melt value.

Why collect American Silver Eagles?

American Silver Eagle Coin

The American Silver Eagle is the most popular silver bullion coin in the world. Many experts will argue that they constitute the best way to invest in silver bullion because they usually fetch higher premiums. 

In addition, as we will cover in this article, some graded key dates carry such enormous numismatic value that their prices far surpass their intrinsic value (precious metal content).

The program started in 1986 as a way to deplete the Defense National Stockpile of silver. Both the American Gold Eagle and Silver Eagle were such an astounding success through the 1990s that Congress approved the extension of the program to include Platinum coins in 1997. More recently, in 2017, the United States Mint also started producing Palladium Eagles.

Because the coins were so popular, the US Mint began producing some variations dedicated mostly to collectors. Proof Silver Eagles were already in production since the inception of the program in 1986, but other varieties and special editions were introduced over the years, including the stunning reverse proof and the Burnished Uncirculated, usually accompanied by a Certificate of Authenticity.

The Silver American Eagle coin bears a face value of $1, is issued by the United States Government, and is legal tender within U.S. territories. It contains one troy ounce of pure silver.

You can also check out the Silver Eagle key dates for collectors.

American Silver Eagle Design

Silver Eagle Obverse

The obverse design is originally from the Walking Liberty Half Dollar coin, which was in production from 1916 to 1947. Adolph A. Weinman was the designer. The iconic portrait of Lady Liberty striding on a landscape touched by the sunburst of a rising sun, with the wind blowing Her gowns and the American flag wrapped around her shoulders.

She has her right arm stretched forward as she leads the way to a brighter tomorrow while holding branches of laurel, celebrating the country's achievements over the years on her left hand. The word “LIBERTY” adorns the outer rim on top, while the mint year appears on the lower face of the coin. The motto “IN GOD WE TRUST,” present in all American coinage, appears right behind Lady Liberty's legs.

Silver Eagle Reverse

The initial reverse design was created by John Mercanti, the twelfth Chief Engraver of the US Mint. He depicted a spectacular heraldic eagle, with its wings wide open and a striped shield on its chest, the great seal of the United States. The eagle grasps a bunch of arrows and olive branches on its talons, representing the country's readiness for war but the desire for peace.

The bird holds a thin banner on its beak with the inscription “E PLURIBUS UNUM.” Above the eagle's head are 13 five-pointed stars, representing the original colonies. Finally, encircling the design are the words “UNITED STATES OF AMERICA” and “1 OZ. FINE SILVER ~ ONE DOLLAR”.

The 2021 Type 2 Silver Eagles

In 2020, the US Mint announced they would be implementing a new 2021 reverse design for both the American Gold Eagle and Silver Eagle. However, the new dies were not ready yet when production for the 2021 coins started, so the original design was kept for half a year and is, therefore, named American Silver Eagles 2021 Type 1.

As the new design was introduced during the second half of the year, it became known as the 2021 Type 2 Silver Eagles.

2021 1 oz American Silver Eagle Obverse

Silver Eagle Bullion Obverse Side Type 2

Even though the design remains pretty much the same, as of 2023, the obverse (heads) design now more faithfully captures Adolph A. Weinman's initial vision, incorporating his customary artist mark A and W below the inscriptions " IN GOD WE TRUST."

2021 1 oz American Silver Eagle Reverse

Silver Eagle Bullion Reverse Side Type 2

Emily Damstra was the artist responsible for this new design. It shows a bald eagle landing on an oak branch, as the artist opted to portray this national symbol in a very natural way. However, the inscriptions around the design remained the same.

American Silver Eagle Value Chart from 1986 to 2021

The following chart represents a pricing guide for the Silver Eagles from 1986 to the 2021 Type 2 coin. The values are based on the two most prestigious grading companies in the United States, the PCGS and the NGC

We separated the Value Chart into Bullion coins (MS), Proof coins (PR), including reverse proof coins, and Uncirculated coins (SP), also referred to as Burnished. Keep in mind these prices may vary slightly according to possible fluctuations in the silver spot price.

American Silver Eagle Bullion Coins

Mint Year

NGC

 MS-69

NGC

 MS-70

PCGS

 MS-69

PCGS

 MS-70

1986

$125

$1,300

$100

$975

1987

$65

$1,205

$61

$1,200

1988

$65

$1,350

$65

$2,350

1989

$100

$1,425

$62

$1,200

1990

$125

$4,000

$72

$4,150

1991

$90

$3,600

$60

$2,050

1992

$85

$2,400

$60

$1,650

1993

$75

$4,550

$64

$4,150

1994

$125

$12,500

$68

$11,000

1995

$125

$1,350

$67

$2,100

1996

$135

$5,650

$110

$4,100

1997

$70

$1,200

$57

$1,400

1998

$75

$1,000

$60

$1,700

1999

$75

$12,000

$60

$16,000

2000

$85

$4,250

$58

$4,350

2000 Millennium Set

x

$15,000

$95

$14,000

2001

$65

$850

$60

$1,200

2002

$65

$315

$52

$315

2003

$70

$165

$55

$180

2004

$65

$115

$52

$120

2005

$65

$165

$57

$150

2006

$65

$135

$53

$160

2007

$55

$95

$56

$100

2008

$55

$75

$54

$85

2009

$50

$80

$56

$80

2010

$50

$60

$53

$75

2011

$50

$85

x

x

2011 (W) 

$60

$95

$55

$65

2011 (S) 

$55

$110

$54

$61

2011 S Eagle 25th Anniversary Set

$95

$375

$160

$285

2011 W Eagle 25th Anniversary Set

$65

$85

x

x

2012

$50

$65

$53

$76

2012 (W)

$40

$50

$53

$77

2012(S)

$40

$50

$61

$66

2013

$55

$70

$53

$72

2013 (W)

$55

$75

$48

$61

2013 (S)

$55

$85

$48

$61

2013 W West Point Eagle Set

$115

$150

x

x

2014

$55

$65

$53

$63

2014 (W)

$55

$65

$50

$60

2014 (S)

$55

$70

$51

$61

2015

$45

$75

$53

$61

2015 (W)

$45

$70

$53

$61

2015 (P) One Of 79,640 Struck

$650

$1,500

x

x

2016

$45

$60

x

x

2016 (W)

$35

$50

x

x

2016 (S)

$35

$50

x

x

2016 (P)

$35

$50

$58

x

2017

$45

$60

$53

$63

2017 (W)

$35

$50

x

x

2017 (S)

$35

$50

x

x

2017 (P)

$35

$50

x

x

2018

$45

$60

$53

$63

2018(W) Eagle Struck at West Point Mint

$35

$50

x

x

2019

$45

$60

$53

$61

2019(W) Eagle Struck at West Point Mint

$35

$50

$48

$75

2020

$70

$100

$49

$60

2020(P) Eagle Emergency Production

$75

$250

x

x

2020(S) Eagle Emergency Production

$60

$90

x

x

2020(W) Eagle Struck at West Point Mint

$45

$60

$57

$65

2021 Eagle Heraldic Eagle T-1

$45

$60

$56

$62

2021 (P) 

Heraldic Eagle T-1 Emergency Production

$85

$155

$57

$75

2021(S) Eagle Heraldic Eagle T-1

$60

$90

$55

$70

2021(W) Eagle Heraldic Eagle T-1

$50

$60

x

x

2021 Eagle Eagle Landing T-2

$50

$65

$56

$65

2021(W) Eagle Eagle Landing T-2

$55

$70

x

x

2021 W Eagle Eagle Landing T-2

$130

$190

x

x

2022

$50

$65

$52

$65

2022 (W) 

$50

$65

x

x

2022 W 

$85

$110

x

x

2023

$60

$75

x

$65

2023 (W)

$60

$75

x

x

Data from PCGS and NGC.

Silver Eagle Proof and Reverse Proof Coins

Mint Year

NGC

 PR-69

NGC

 PR-70

PCGS

 PR-69

PCGS

 PR-70

Type 1, Normal, PR 

1986-S

$135

$750

$117

$450

1987-S

$100

$550

$92

$385

1988-S $1

$110

$500

$95

$300

1989-S

$110

$300

$95

$235

1990-S

$110

$300

$100

$200

1991-S

$110

$500

$85

$340

1992-S

$110

$450

$105

$285

1993-P

$165

$1,300

$82

$700

1994-P

$150

$1,100

$125

$900

1995-P

$135

$465

$90

$350

1995-W

$4,250

$20,000

$3,500

$20,500

1996-P

$135

$500

$100

$400

1997-P

$140

$700

$100

$415

1998-P

$145

$315

$95

$185

1999-P

$125

$400

$94

$310

2000-P

$135

$400

$88

$325

2001-W

$110

$200

$82

$160

2002-W

$125

$185

$81

$140

2003-W

$110

$150

$85

$125

2004-W

$110

$150

$85

$130

2005-W

$110

$150

$82

$125

2006-W

$110

$165

$81

$110

2006-W $1 20th Anniversary

$110

$150

$85

$120

2006-P 20th Anniversary Set

$115

$275

x

x

2007-W 

$110

$150

$82

$125

2008-W

$110

$150

$84

$115

2010-W

$110

$150

$81

$98

2011-W 

$110

$150

$81

$110

2011-W $1 Silver Eagle 25th Anniversary Set

$115

$160

$82

$125

2011-P 25th Anniversary Set 

$300

$500

x

x

2012-S $1 Silver Eagle 75th Anniversary SF Mint Set

$110

$150

$87

$150

2012-W 

$110

$150

$82

$115

2012-W $1 Silver Eagle Limited Edition PR Set

x

x

$200

$450

2012-S Silver Eagle Set PFUC

$110

$150

x

x

2012-S Silver Eagle Set RP

$135

$275

x

x

2013-W 

$110

$150

$77

$110

2013-W $1 Silver Eagle Limited Edition PR Set

$130

$200

$82

$500

2014-W 

$110

$150

$77

$125

2015-W 

$110

$150

$77

$124

2016-W $1 Silver Eagle 30th Anniversary Lettered Edge

$110

$160

$81

$120

2017-S 

$115

$165

$83

$120

2017-W 

$110

$150

$77

$100

2018-S 

$110

$150

$77

$100

2018-W 

$110

$150

$77

$110

2019-S

$110

$150

$79

$90

2019-S Eagle ER

$1,850

$2,750

x

x

2019-W 

$110

$150

$77

$110

2019- W Eagle ER

$115

$165

x

x

2020-S 

$110

$150

$80

$115

2020-W

$110

$150

$82

$120

2020-W $1 Silver Eagle - v75 Privy

$535

$775

$350

$600

2021-W $1 Silver Eagle - Type 1

$115

$175

$78

$110

2022-S 

$100

$150

$90

$110

2023-W 

x

x

$85

$100

2022-W 

$100

$150

$72

$105

Type 2, Reverse Proof, PR

2006-P $1 20th Anniv. Rev Pr

x

x

$105

$335

2011-P $1 Silver Eagle Reverse PR

x

x

$225

$410

2011-P $1 Silver Eagle Rev PR 25th Anniversary Set

x

x

$260

$425

2012-S $1 Silver Eagle Rev PR 75th Anniversary SF Mint Set

x

x

$110

$215

2013-W $1 Silver Eagle Rev PR

x

x

$80

$200

2013-W $1 Reverse Proof West Point Mint Set

x

x

$90

$150

2019-W $1 Silver Eagle Enhanced Rev PR

x

x

$135

$185

2019-S $1 Silver Eagle Enhanced Rev PR

x

x

$1,175

$2,600

2021-S $1 Silver Eagle Rev PR - Type 2 Designer Edition

$150

$250

$115

$240

2021-S $1 Silver Eagle - Type 2

$100

$150

$80

$120

2021-W $1 Eagle Landing - Type 2

$100

$150

$80

$100

Data from PCGS and NGC.

American Silver Eagle Burnished Uncirculated Coins

Mint Year

NGC

SP-69

NGC 

SP-70

PCGS 

SP-69

PCGS 

SP-70

2006-W $1 20th Anniv.

$250

$350

$75

$300

2006-W $1

$70

$175

$75

$150

2007-W $1

$65

$100

$75

$100

2008-W $1 Burnished Silver Eagle

$65

$90

$62

$115

2008-W $1 Burnished Silver Eagle Reverse of 2007

$525

$1,000

$490

$1,250

2011-W $1 Burnished Silver Eagle

$55

$80

$62

$95

2011-W $1 Silver Eagle 25th Anniversary Set 1 Coin

$65

$85

$45

$100

2012-W $1 Burnished Silver Eagle

$60

$85

$55

$120

2012-W $1 Silver Eagle Uncirculated Set Coin

x

x

$100

$125

2013-W $1 Burnished Silver Eagle

$90

$165

$55

$100

2013-W $1 Burnished Silver Eagle UNC Set

x

x

$60

$90

2013-W $1 Enhanced Silver Eagle West Point Mint Set

$115

$150

$110

$135

2014-W $1 Burnished Silver Eagle

$60

$100

$75

$82

2015-W $1 Burnished Silver Eagle

$50

$80

$55

$78

2015-W $1 Burnished Silver Eagle UNC Set

x

x

$60

$115

2015-W $1 Burnished Silver Eagle UNC Set First Strike

x

x

$65

$135

2016-W $1 Burnished Silver Eagle 30th Anniversary Lettered Edge

$55

$110

$70

$110

2017-W $1 Burnished Silver Eagle

$55

$100

$54

$90

2018-W $1 Burnished Silver Eagle

$70

$100

$50

$82

2019-W $1 Burnished Silver Eagle

$70

$100

$60

$78

2020-W $1 Burnished Silver Eagle

$80

$185

$62

$115

2022-W $1 Burnished Silver Eagle

x

x

$65

$85

2021-W $1 Burnished Silver Eagle-Type 2

x

x

$57

$110

Data from PCGS and NGC.

Note: Keep in mind that when the US Mint branch where the mintage occurred is indicated after a hyphen, such as in 2012-S, it indicates it bears that mint mark. Whereas, when it is indicated within parenthesis, as in 2012(W), it means the coin was struck at that facility but doesn't contain any mint mark.

S = San Francisco Mint / W = West Point Mint / P = Philadelphia Mint

Purchase American Silver Eagles from SD Bullion

At SD Bullion, you will find a variety of American Silver Eagle coins, bullion, proof and uncirculated, enough to sate your investment needs or numismatic enthusiasm. Check out the one we have available in our inventory and enjoy the lowest premiums over the spot price of silver. 

Talk to one of our sales representatives in case you have any questions or specific needs. We are ready to help you over the phone at the number 1(800)294-8732 or at sales@sdbullion.com. We have a live web chat feature on this site as well, which you can access at the bottom right of your screen.

FAQs

How much are silver eagles worth?

Just like any other precious metal coin, the American silver eagle's value is directly related to its metal content spot price. However, as of October 2023, according to PCGS, a 2023-W, $1 Silver Eagle in grade 69 or 70 can be worth up to $85 and $100, respectively.

Why are silver eagles so expensive?

The Silver Eagle's high price is a result of its purity, rarity, and numismatic value. So, the coin has one ounce of 99.93% silver and 0.07% copper; as an example of rarity, the 1995-W Proof had only 30,125 pieces, making it the rarest and most expensive in the series. On top of that, they are known for their top quality, global recognition, and full backing by the United States Mint.

How much over-spot should I pay for silver eagles?

The price of Silver Eagles depends on numismatic and rarity as well, and the authorized purchasers usually pay the U.S. Mint around 2 or 3 dollars above the silver spot price, so you should always expect to pay a few dollars above the spot price of silver, which fluctuates around $23 as in October 2023.

How much can I sell my silver eagles for?

Sellers expect to receive a price that covers both the spot price and the premium. So, as an example, as of October 2023, according to PCGS, a 2023-W, $1 Silver Eagle in grade 69 or 70 can be purchased for $85 and $100, respectively.

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James Anderson
James Anderson
Senior Market Analyst & Content

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.

Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades...

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