Price subject to additional premium in certain locations.
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. The 1 oz Silver American Eagle is struck only in the one-troy ounce size. It has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. The Silver Eagle is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) and codified as 31 U.S.C. § 5112(e)-(h). The United States Mint certifies the content, weight, and purity of Silver Eagle coins.
In addition to the bullion version, the United States Mint has produced a proof version of the Silver Eagle and an uncirculated version for coin collectors. Silver Eagle coins have been produced at three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint.
The design on the Silver Eagle coin’s obverse was taken from the “Walking Liberty” design by Adolph A. Weinman, which originally had been used on the Walking Liberty Half Dollar coin of the United States from 1916 to 1947. As this iconic design had been a public favorite—and one of the most beloved designs of any United States coinage of modern times, silver or otherwise—it was revived for the Silver Eagle decades later. The obverse of the American Silver Eagle is inscribed with the year of minting or issuance, the word LIBERTY, and the phrase IN GOD WE TRUST.
The reverse of the Silver Eagle was designed by John Mercanti and portrays a heraldic eagle behind a shield. The eagle grasps an olive branch in its right talon and arrows in its left talon, echoing the Great Seal of the United States. Above the eagle, there are thirteen five-pointed stars representing the Thirteen Colonies. The reverse is inscribed with the phrases UNITED STATES OF AMERICA, 1 OZ. FINE SILVER~ONE DOLLAR, and E PLURIBUS UNUM (on the banner that the eagle holds in its beak), as well as the mintmark if applicable.
The Silver Eagle is eligible for Precious Metals IRAs, making it a popular choice. SWP Cayman is the best place to buy Silver Eagles because you can order for delivery in North America or store your Silver Eagle coins in a secure offshore vault. See the current silver American Eagle price above.