In 1986 the US Treasury launched a new bubble coin program that would prove to be one of the world’s most popular. Approved under the Bullion Coin Act of 1985, the American Eagle program would join other foreign mints, notably Canada and South Africa, as a producer of excellent bullion coins recognized worldwide by investors. 1986 American silver eagle is the only silver coin in the American eagle series, which also contains gold coins.
American Eagle Coins
1986 – Although over 5.4 million silver eagles were mined in 1986, similar to many previous silver eagles produced in the 1980s and 90s, 1986 was the starting year of the American silver eagle, which makes these coins very demanding. You are expected to pay a $15 or more premium for these coins. 1986 silver eagles sealed boxes sell for much more.
While the American Eagle series clearly began out as the currency of a bullion investor, numismatists have also been involved in the program, many of whom collect the coin annually. The American silver eagle is so popular because it has a renowned Walking Liberty design which originally appeared in 1916 on the half dollar. The design, which was made by Adolph A. Weinman, helped create Walking Liberty one of the world’s most magnificent monuments, half a dollar (hits from 1916 to 1947).
1986 American Silver Eagles
For many years, both uncirculated and evidence versions of the 1986 American silver eagle program have been minted. In 1986 the Philadelphia mint was manufactured of 5,393,005 uncirculated American silver eagles, whereas 1,446,778 were created at the San Francisco mint. On November 24, 1986, the first American silver eagles were issued to the public.
Both Mercanti Flag Signature PCGS and MS70 ranking holders made these 1-unce silver US Eagle coins in 1996 and 2000 for $3,840 and $3,360 for the targeted online auction. Compared to the most recent releases, it may be difficult to locate Mint State 70 specimens of the American Eagle silver bullion coins from previous years.
American Silver is very Importance!
In 1996 a low mintage of 3,603,386 pieces occurred, which makes the series a somewhat rare problem. While the Professional Coin Grading Service has a rating of 11,029 in MS69, only 161 are MS70-certified. Heritage states that the populace is ‘split across different holder series of signatures, which provides an abundant chance for coin aficionados to get together.’
This monthly online auction provided by Heritage’s 22 April Collectible U.S. Coins and Bullion is sold at the John Mercanti Flag Signature for $3,840. Some lots subsequently saw an example of 2,000, one of only 90 certified PCGS, performing $3,360. 2021 is the last year in which the popular design of Mercanti’s Heraldic Eagle is applied reverse to the bullion coin series.
New York hit all American silver eagles
Beginning in 2001, the West Point mint in New York hit all American silver eagles. This is a departure from the years before when Philadelphia and also the Mint of San Francisco shared the tasks of making the American Silver Eagles available each year.
The modification in minting did not impact the minting numbers, which were between 8 and 10 million marks in 2000 and throughout the first half of the decade for uncirculated specimens. In 2001, 9,001,711 uncirculated specimens and 746,398 evidence were provided. On average, uncirculated specimen values are a few dollars more than the prevailing spot price whereas a proof specimen may be purchased on the spot for around $20.
