One of the most popular of the U.S. Mint’s coins, the Silver American Eagle Proof 1-oz coin was introduced alongside the gold proof version in 1986. Unlike the gold eagle, only 1-oz proofs of silver eagles are minted. Like all proof coins, this Silver American Eagle was struck with highly polished dies in a more time-consuming, labor-intensive process than its bullion counterpart. And it shows.
The obverse side shows Adolph Weinman’s image of Lady Liberty striding forward bearing branches of laurel and oak, her robe billowing freely around her. The detail on these coins is exceptional, as the proof minting process added raised, frosted engravings for an extra-clear image as well as polished, mirror-like backgrounds. The obverse side shows John Mercanti’s Eagle and Shield design. Unlike silver bullion American eagle coins, proof coins will retain Mercanti’s classic design throughout 2021.
About the Silver American Eagle Proof Coin
These coins are minted in San Francisco, CA, and bear the mint mark “S” as proof of origin. 1.5 million coins were minted in 1986, with declining mintages since then. Interestingly, no coins were struck in 2009, an unusual set of circumstances that add a layer of scarcity and intrigue around the coin. Production of these higher-quality proof-struck coins was held off for a year due to a spike in silver prices, leading to the supply being diverted to silver bullion coins for that year instead, and making the subsequent proof coins all the more unique.
The US government guarantees each of these coins to contain one troy ounce of silver with 0.999 fineness or 99.9% purity. The coins carry a face value of $1. Proof coins are created with an added focus on aesthetics, and these coins are typically less prone to blemishes than silver bullion coins, making them excellent collector items as well as a popular investment choice.
- High-quality proof-struck silver with raised, frosted engravings for added clarity
- 1 troy ounce of 99.9% pure silver
- Encapsulated in plastic to protect its mirror-bright, unblemished surface
- Highly tradable and guaranteed for weight and purity by the U.S. government
- Unlike the bullion version, this proof-coin will retain its historical eagle design throughout 2021 and Weinman’s classic Lady Liberty, first seen on the 1916 half-dollar.