The Silver Eagle Design
The Silver Eagle is an iconic design that is recognized around the world. Adolph A Weinman created the Walking Liberty coin obverse for the Walking Liberty Half Dollar that got used as early as 1916. The text on the obverse boldly states "Liberty" and "In God We Trust" along with the year of issue. The American Silver Eagle receives its moniker due to the reverse, as it includes a heraldic eagle with wings lifted high and 13 stars representing the 13 original states. The text consists of "United States of America," "1 oz Fine Silver ~ One Dollar", and "E Pluribus Unum." This design continues to get used throughout the current year.
Bullion and Proof Dollar Coins
At SD Bullion, we primarily deal in either bullion or Proof American Eagles. Proof coins are the most collectible types of coins as they have more exquisite detail, a shinier finish, and are far rarer than their bullion coin versions. The proof silver eagle coins also come with a higher price tag. Silver bullion coins are also called “Brilliant Uncirculated,” and are the more common type. These coins were initially intended to create a silver-rich market, driving the silver price down during the mid-1980s. Since the year 2000, the production has again been on the rise. By 2010, there were more than 34 million American Eagle silver dollar coins on the market.
Certified and Uncirculated American Eagle Coins
These two types of US American Eagle Silver coins are often confused for one another. The first is certified, which means that the coins have been certified and graded by a professional rating company, such as PCGS or NGC. These coins are the premium versions of the silver coins, in outstanding condition and of a much higher value than simp bullion. Uncirculated coins, are also in fantastic shape. They have never been used as currency, or “circulated," hence the term “uncirculated.” In addition to certified and uncirculated coin, we also carry proof sets, rolls, and sealed monster boxes.
Sell Your American Silver Eagles to the Most Trusted Online Precious Metal Dealer
Do you have American Eagles that you are ready to sell? SD Bullion will buy your coins at the best prices online guaranteed! We make selling your coins easy, and we are always actively looking to buy American Silver Eagle proof sets, rolls, sealed monster boxes, and BU rated ASE coins. Our experienced sales team will guide you in how to sell your silver eagles to us based on current market value. Give us a call at 1-800-294-8732 to speak to our trade desk.
The Doc's Take on the U.S. Mint American Silver Eagles
Looking to invest in the silver market? Looking for a gift to give to the younger ones in the family? This lot is a great option not only as a personal investing option but also as a great way to get a gift for the family to instill the value of investing for the future. The beautiful American Silver Eagle coin is, without a doubt, one of the most recognizable world government minted coins. The Silver American Eagle also retains its value as one of the highest premiums available within the silver investment coin market.
Despite the ramped up production of American Silver Eagles in the US market, silver continues to be one of the steadiest investments a person can make. For example, 1 oz of silver today has nearly the same purchase power that it did 30 years ago; the dollar, on the other hand, has drastically dropped in value. Buying Silver Eagles to pass on to the next generation could be a much wiser option than putting away savings in dollars, for that very reason. Additionally, silver coins make an excellent diversifier for your portfolio, offering you a globally recognized, valuable asset that gets used for everything from currency to medicine and industry. And because silver is, ultimately, a finite resource, now is the perfect time to invest in this precious metal.
Investing for Beginners
If you are a beginner looking to invest in silver bullion, then American Silver Eagles are a great place to start. Due to their popularity, they are the most accessible silver coins to buy and sell in the world. This makes them very attractive for newbies.
See how the 'Monster Boxes' of American Silver Eagles are created
What Year is the Most Valuable American Silver Eagle?
When it comes to back-dated Silver Eagle, a lot of people wonder which year is the most valuable year. Especially if you are a coin collector of old American Silver Eagles, you'll probably want to understand this question. For the most part, the anniversary dates are the key dates that make specific years more valuable. And those are the first year (1986), 10 year anniversary (1996), 20 year anniversary (2006), and 30 year anniversary (2016).
How Much is a Silver Eagle Worth?
Like all precious metals, the spot price and weight of the coin are important. However, the premium price will ultimately determine the price of a silver eagle bullion coin. For the current year silver eagles, this premium price is set by the United States Mint. For back-dated coins (dates that are no longer minted), the premium price is set by supply and demand for that specific year; as well as the mintage figures for that specific year. All these factors determine the value or worth of a american silver eagle coin.
About the US Mint
The US Mint, exclusive maker of American Eagle Silver Coin, was the first establishment instituted by the newly freed American Republic, who had just thrown off the yoke of British rule. In 1792, the United States Mint got founded in Philadelphia, in a relatively small building called the ‘Ye Olde Mint.’
United States Mint Branches
Today, the US Mint boasts of four operational minting facilities and an excellent, secure storage facility. The branches are all located in Philadelphia, Denver, San Francisco, and West Point (New York - where most all bullion Silver American Eagle Coins are minted). Furthermore, the world-famous bullion depository, Fort Knox in Kentucky, is under the authority of the United States Mint as well. When the Mint of United States got instituted in 1792, it was a part of the State Department. However, it was given independent agency status in 1799.
Although one of the primary functions involves the striking of legal coinage for circulation, it is responsible for other areas like – producing national commemorative medals, Congressional gold medals, and special coinage. Furthermore, it also disburses gold and silver for specific authorized purposes, safeguards and controls the movement of bullion in the United States, and distributes coins from its various facilities to Federal Reserve Banks.
The Philadelphia Mint was the first facility and remained the sole producer of official proof coinage until the year 1968. Moreover, the famed ‘P’ mintmark got added to coins only after 1980; coins struck at Philadelphia before 1980 did not bear the ‘P’ mintmark (except the Susan B. Anthony dollar and the wartime Jefferson nickel).
Denver & San Francisco Mint
Another facility of the U.S. Mint, Denver, was established in 1863. However, it initially began operations as a local assay office. In 1906, a newer Denver branch got inaugurated, and coins with the ‘D’ mint mark started appearing in circulation. The San Francisco Mint was opened in 1854 to serve the California Gold Rush. After 1968, the San Francisco facility handled proof coin production, when the Philadelphia Mint was relieved of this duty. It used the ‘S’ mint mark to mark coins struck in San Francisco.
West Point Mint
The West Point facility is the newest addition to the branches. Established in 1988, it initially served as a storage facility for United States’ gold bullion reserves. However, it now also strikes American Eagles in platinum, gold, and silver variants.
The American Eagle Series
Started in 1986, the Silver Eagles program is one of the most successful coin programs in the world. The US Mint annually releases BU, circulation, and proof coin options to fulfill the extraordinary and diverse demand, which encompasses demand from collectors and investors. Moreover, seeing the Silver Eagles’ popularity a gold and platinum coins were launched, and coming soon, palladium variants. Other famous coin programs are – Gold Buffalo Coins, America the Beautiful Silver Coins, among many others.
The US Mint, being the official mint of an influential and respected sovereign nation, enjoy particular popularity that drums up demand for its products recognized worldwide. This ensures the investor will have a continuous fluid market to buy and sell United States Mint products with ease.