American Eagle silver coin: Bullion Bio

The U.S. Mint's silver bullion program began in 1986 and had a record year in 2014
By , Coin World
Published : 03/23/15
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The coin: American Eagle silver bullion coin

Struck by: U.S. Mint

Available sizes: 1 ounce

Denomination: $1

First issue: 1986

Design: Coin World Senior Editor Paul Gilkes described the obverse and reverse designs in an article from the April 23, 2007, issue of Coin World

"The obverse of the American Eagle silver dollar bears an adaptation of sculptor Adolph A. Weinman’s Walking Liberty design; it appeared on the obverse of the half dollar from 1916 through 1947. The reverse depicts a Heraldic Eagle design created by U.S. Mint Sculptor-Engraver John Mercanti. Mercanti, who has been a member of the Mint’s engraving staff since 1974, is currently serving as the Mint’s supervisory design and master tooling development specialist."

How to buy them: More from Gilkes:

"The Mint does not sell the regular Uncirculated bullion coins directly to the public. Instead it sells the bullion coins to a network of authorized purchasers, who acquire the coins from the Mint for the spot price of the precious metal on a given day on the metals market plus a small premium. The authorized purchasers may then sell the bullion American Eagles to dealers and the public."

The U.S. Mint provides a web page collectors and investors can use to find dealers who sell the bullion coins.

Fun fact: More ounces of American Eagle silver bullion coins were sold in 2014 than any year since the program began in 1986. In all, 44,006,000 ounces were sold.

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