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The American Silver Eagle is the United States Mint's one-ounce .999 fine silver bullion coin, first issued in 1986. Its obverse carries Adolph Weinman's Walking Liberty design from the 1916 half dollar; the reverse shows a heraldic eagle. It has a face value of one dollar but trades as bullion, so its value follows the silver spot price plus a small premium. Collectors favor it for its legal-tender status and government backing, while investors compare it with the Canadian Maple Leaf and Austrian Philharmonic, which carry similar purity but different security features.
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Lowest price we've seen: $30.00 on Nov 10 at Invaluable. Tracked across 4 stores since Nov 10.
Buyers and collectors treat the Silver Eagle as a dependable, recognizable bullion coin. They praise its purity, government backing and classic design, and many stack it as a core holding. Complaints center on dealer premiums and on the coin's plain security features compared with newer rivals.
