Beginning in 1986, the United States once again started minting silver dollars. These silver dollars came to be known as American Silver Eagles Coins.
The U.S. Mint suspended the minting of silver dollars in 1935 due to increasing silver prices and declining demand for dollar coins. Paper currency was fast becoming more desirable, as it was much more portable and not as cumbersome as the heavy silver dollars.
It wasn’t until the early 1970’s that the U.S. once again began minting dollar coins. These are known as Eisenhower Dollars, as they bear the portrait of President Dwight Eisenhower on the obverse. These were minted for general circulation, and struck out of a copper-nickel alloy, not silver. Yet, again these quickly fell out of favor with the public due to their size and weight.
By the early 1980’s, silver prices had begun to rise, and public demand for physical silver as an investment and/or hedge began to rise as well. In response, the U.S. Mint embarked on producing a new dollar coin. Yet, not one for general circulation, but a pure silver coin for collectors and silver investors.
1986 was the launch year of the American Silver Eagle Coins. These beautiful One Troy Ounce .999 Pure Silver U.S. One Dollar Coins feature the iconic Walking Liberty design on the obverse (front), designed originally for the half dollars of the early to mid 20th century by Adolph A. Weinman. The reverse features the Heraldic Eagle designed by John Mercanti.
These American Silver Eagle Coins have been hugely popular among collectors and silver investors alike!! These coins sell for a small premium above their inherent silver value. They are available to purchase in quantities as little as one coin at a time, or in large quantities, such as the Mint sealed green “Monster Boxes” which are shipped to us directly from the U.S. Mint, each box contains 500 American Silver Eagle Coins!!
If you have interest in either buying or selling American Silver Eagle Coins, please contact us at either La Jolla Coin or San Diego Coin!!