Homepage / Bullion Coins: U.S. Bullion / 1oz. American Eagle Silver


1oz. American Eagle
Silver Bullion Coin

1986 - Present



The American Eagle Silver bullion coin is the official silver bullion coin of the United States.

On July 9th, of 1985, the United States Congress passed the Liberty Coin Act, the law authorized the US Mint to start producing Gold and Silver American Eagle bullion coins.

The United States Mint first released the silver eagle coin on November 24, 1986.

The silver coins content, weight, and purity are all certified by the United States Mint.







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Design of the
1oz. American Eagle Silver
Bullion Coin




Obverse

1oz american eagle silver bullion coin obv































The obverse side of the American Eagle Silver bullion coin displays Adolph A. Weinman's design of the "Walking Liberty."

Walking Liberty

The design had originally been used in the United States "Walking Liberty" half a dollar silver coin, issued from 1916 to 1947.

The design depicts Lady Liberty walking in front of the rising sun.

She is cloaked in the American flag, with her right arm extended, and her left arm cradling branches of laurel and oak.

Adolph A. Weinman's initials can be found on the hem of Lady Liberty's gown.

Inscribed across the top of the 1oz Silver coin is the word "LIBERTY."

In addition, the words "IN GOD WE TRUST" the silver bullion coin's 'Year of Issue' are found on this side.










Reverse

John Mercanti, the twelfth Chief Engraver of the United States Mint, now retired, designed the reverse side of the 1 oz. American Silver Bullion Coin.

1oz american eagle silver bullion coin rev































The reverse side of the silver bullion coin portrays an American Bald Eagle, behind an American shield.

The American eagle is grasping an olive branch with its right talon and arrows in its left talon, mimicking the Great Seal of the United States.

The banner that the eagle is holding in its beak says "E PLURIBUS UNUM," which is Latin for "Out of many, one."

Above the eagle, is Thirteen Five-pointed stars, representing the original Thirteen Colonies.

The words "UNITED STATES OF AMERICA" are inscribed across the top  of the coin.

The silver bullion coin's Weight "1 OZ.," and its Purity and Face Value "FINE SILVER~ONE DOLLAR" are inscribed along the bottom of the coin.

John Mercanti's initials are located directly under the eagle's talon that is holding the arrows.

Note: American Eagle bullion coins do not have a Mint Mark; only the Collector's Proof and Collector's Un-Circulated Versions of the Silver American Eagles have a mint mark, on the reverse side.

1 oz. American Silver Eagle Photos Courtesy of : The US Mint.








Where & How
American Silver Eagle Bullion Coins
are Made




The West Point Mint in New York is the primary location for all bullion coin production.

However, it has been revealed that when the West Point Mint could not meet production demands that the US Mint also produced American Silver Eagle Bullion Coins at the Philadelphia and San Francisco Mints.

Millions of American Eagle silver bullion coins struck at San Francisco, Philadelphia Mints - Coin World

During years of high demand, the bulk of production at these two Mints usually happened at the end of the year.

In December and January of these years, the three facilities cooperated to ensure a sizeable inventory is available for purchase.

January is often one of the busiest months of the year for the sales of American Eagle Bullion Coins.


Below is a Video from the US Mint explaining the process of Minting the American Eagle Silver Bullion Coin.







1oz. American Eagle Silver
Coin Information




Introduction:......1986

IRA Approved:....Yes

Grade:...............Uncirculated

Face Value:........$1 US

Total Weight:......31.10 grams

Purity:...............99.90% / .9990

Silver Content:...Silver 0.999 troy oz. (ozt.) / (31.072 grams)

Composition:.....99.9% Silver, Balance Copper

Diameter:..........40.6 mm / (1.598 inches)

Thickness:.........2.98 mm / (0.120 inch)

Mint Mark:.........No

Designers:.........Adolph A. Weisman & John Mercanti

Edge:................Reeded








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1oz. American Eagle Silver
Bullion Coins
Mintage and Sales Figures




American Silver Eagle Mintage Figures by Facility





The Blog posts below explain the process of getting the mintage numbers from different satellite mints between 1986 - 1997, seen above, through the FOIA requests to the U.S. Mint.


  • Missing : American Silver Eagle Bullion Coins - Update #1
  • Missing : American Silver Eagle Bullion Coins - Update #2

The following mintage figures were obtained by the US Mint through a FOIA (Freedom of Information Act) request.

See the separate pages of the US Mint's answer to this guide's FOIA request submitted by Steven Warrenfeltz, seen here: page-1, page-2, and page-3.





1 oz. American Eagle Bullion Coins




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