One of the most popular sets is the 2006 20th anniversary silver eagle set, which includes an uncirculated silver eagle, a silver eagle proof, and a reverse silver eagle proof. In addition to the 2001 Silver Eagle bullion coin, the U.S. Mint also offered the 2001 Proof Silver Eagle. The Philadelphia Mint attempted to recoup the loss. hologram To keep their portfolios from failing, investors turned to bullion coins. A list of linkable tags for topics mentioned on this page. All Rights Reserved. An American Silver Eagle, also called an ASE by some collectors, is a bullion coin issued by the United States mint. Instead, countries mint bullion coins as investment assets. Despite silver values constantly changing, the demand for U.S. Silver Eagle coins has grown steadily over the decades and today is at an all-time high. The median range hovers between $100-$200. New buyers in Hong Kong, Singapore, and China have only pushed demand upward. The obverse designs featured a different scene with Liberty each year. The coins high silver content is just one reason, however, that American silver eagles are so popular with both bullion investors and coin collectors. Locate an authorized dealer. Thanks for catching the mistake and letting us know, fixed. It secures and stores raw materials for future use in combat. Liberty walks in profile, draped in the folds of the American flag. A proof coin has a W mint mark under the left side of the eagle. Many proof variants have been struck since 2006, when the first reverse proof was struck and proved quite popular with collectors. In April, the Mint began rationing sales of the coin. This act enabled the Department of Defense to sell off extra silver without depressing the price of silver. But since the American Silver Eagle was so popular, members of Congress pushed to continue production. Collectors call these 2001-W ASEs. Thank you so much.me and my wife put them up.this is all we got.i pray every day to see this go up..up.. Save my name, email, and website in this browser for the next time I comment. It has a very small mintage of 30,125 pieces and was included as a free bonus item in 1995-W four-piece gold American Eagle proof sets honoring the 10th anniversary of the nation?s bullion coin program. The act granted the Treasury once again the ability to mint American Eagle bullion coins in silver as well as gold. Thank you for signing up with United States Mint! As you would expect, these coins sell at higher premiums than standard silver eagle proof coins because of their rarity.

Similarly, there are multiple limited-edition American Silver Eagle varieties. The gold and silver coins are released in both proof and uncirculated finishes each year. Add one or a few to your collection today! It features an eagle in flight with an olive branch in its talons. Fine Silver One Dollar | The design is fairly plain. The overall average price of silver during 2001 was $4.37 per ounce. 2022 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Sales of these coins buoyed the federal budget. American Silver Eagles are remarkably beautiful coins in proof and are popular with collectors. This is a change from years earlier, when the Philadelphia and also the San Francisco mint, at one point, shared the duties of striking each years offering of American silver eagles. The mintage of reverse silver eagles in the three years in which they were produced prior to 2013 is 248,875, 99,981 and 230,000. The obverse of the American Eagle Silver Coins uses the Walking Liberty design by sculptor Adolph A. Weinman from the 1916 half dollar. From 1986 2012, silver eagle proof coins were over 17 times more rare than silver eagle uncirculated coins. Variety or Special Issue Proof Silver Eagles. However, the 1995-W American Silver Eagle is still a wildly popular rarity and, along with other proof silver eagles, is most often sought in PR69 and PR70 grades. CCPA Do Not Sell My Information (California Residents Only). The U.S. Treasury intends American Silver Eagle coins as investment pieces and collectors items. The letter W signifies that the proof coin was minted in West Point. While there are plenty of Uncirculated 1999 Silver Eagles, high-end versions are rarer. Since 2021, the coins feature a new reverse showing an eagle carrying an oak branch coming to land. Previous proposals to sell off the extra silver were defeated in Congress. The U.S. Mint does not sell American Eagle Bullion Coins directly to the public. These emergency editions generated controversy, with collectors bought them at four times the price of West Point Mint coins. The IRS allows investors to contribute these bullion coins to their Individual Retirement Account (IRA) funds. Each one dollar coin has the following text: 2001 LIBERTY In God We Trust United States Of America E Pluribus Unum 1 OZ. The silver, platinum, and palladium bullion coins are available in the one ounce size. The silver in the American Eagle is worth approximately $24. This was unusual. In the United States, the Treasury Department might grant the coin a face value but in most cases, the appraised value is higher. Concierge Service.Transparent Pricing.Guaranteed Rates. Reverse silver eagle proof coins differ from standard silver eagle proofs, in that they have a frosted background and a mirror-like finish foreground. And, it might be the next Morgan dollar in terms of value. This coin was produced by the West Point mint in 1995 as part of a special edition set, and had a production run of only 30,125 coins. It also enabled the Treasury to mint more Proof and Uncirculated versions of the coin. While this coin isnt indicative of the value of the other silver eagle proof coins, its an example of a modern minted proof coin that is quite valuable.

Also take note of any special minted sets, as they typically contain rare or low mintage coins, such as the 1995-W silver eagle proof. Congress declared the face value of the American Silver Eagle to be one dollar. | Privacy Policy. If included in your collection, set aside 1993 and 1994 proof coins, as they sell at a premium over the other standard issued American silver eagle proof coins. The National Defense Stockpile housed most of the silver. Keep up with information updates and partner information. Before this act, different members of Congress proposed different strategies to sell off government-owned silver, hoping to decrease the budget deficit. Lost your password? And for everyone reading the comments, the Morgan silver dollar contains around a net 0.7735 oz of pure silver, a little over 3/4 of one troy ounce. Value of 2000 American Silver Eagle $1 Coin, Value of 2002 American Silver Eagle $1 Coin, Copyright Stacks-Bowers Numismatics, LLC 2016. This precious metal coin has a limited mintage and may be purchased directly from the Mint. The bill specified the Treasury was to use this new silver to mint more Silver Eagle Bullions. The U.S. Mint produced its first legal tender platinum proof coin in 1997. Americas finest silver is displayed in all its glory with the 2001 American Eagle Silver Dollar. Demand for the American Silver Eagle coin skyrocketed in 2008. The coin had served its purpose. 1999 was the only year the West Point Mint and Philadelphia Mint produced this bullion coin. Mercanti is an American sculptor who served as the 12th chief engraver of the United States Mint from 1974 to 2010. AMS is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. The store will not work correctly in the case when cookies are disabled. How many times in my lifetime had the USPS been bankrupt, and Biden and co. are about to give them 70-80 million to TRY again. Mints print bullion coins in precious metals and weigh them in troy ounces. The median range for MS-70 variants hovers between $1,000-$3,000. Learn how your comment data is processed. Notably, this coin is rare because it is Uncirculated and MS70. Of course we continue to fund it. Atlanta Gold & Coin Buyers11555 Medlock Bridge Rd Ste 100Duluth, GA 30097(404) 236-9744Email Us, Gold Coin Demand Strengthens Even as Gold Futures Market Tanks, What You Need to Know Before Selling Rare Coins, selling American silver eagle proof coins. The new American Silver Eagle coins feature an eagle landing on a branch on the reverse side. Dave Bowers The removal of Ryder was a great first step and his refusal to answer a FOI request confirmed something long time US Mint Coin Collectors new all along: Something Stinks At The US Mint.!

Congress passed the Liberty Coin Act in 1985. This bullion coin has no mintmark. In 2013, one collector sold a reverse-2007 Silver Eagle variant for $3,190. To do this, sold the silver in the form of coins. Youll typically find 1999 American Silver Eagle coins selling from $33 to $9,899. For the best experience on our site, be sure to turn on Javascript in your browser. While many proof American Silver Eagles are hot items in numismatic and bullion circles, the most coveted issue of all is the 1995-W American Silver Eagle. SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. Each is struck to stunning Proof condition in one ounce of 99.9% fine silver.

About the 2001 American Silver Eagle: The obverse of the 2001 Silver Eagle features the dynamic "Walking Liberty" image by 20th century American sculptor Adolph A. Weinman. Copyright 2022 CDN Publishing, LLC. The Mint also makes proof and uncirculated versions of the American Eagle coins for collecting. The bullion coin features the Statue of Liberty on the obverse and a soaring eagle on the reverse. American Eagle Bullion Coins provide investors with a convenient and cost effective way to add a small amount of physical gold, silver, platinum, or palladium to their investment portfolios. JavaScript seems to be disabled in your browser. The platinum coins are currently made only as proof, while the palladium coins switch finishes each year. As a result, the Mint accidentally struck some 2008 coins with the reverse 2007 die. Additionally, each of these items should be without blemish to maximize your sale. In 2013, a collector sold a Silver Eagle Proof from this set for $7,638. Only after I educated the victim-everyday-collectors on how to file an attorney grievance or OIG complaint against the US Mint in May of this year after many got screwed over on the Morgan (CC) did we finally get some results. Very few collectors have auctioned these variant coins. They are produced from a specially prepared dye, which creates a mirror-like finish background and a frosted foreground. The Philadelphia sets included an American Silver Eagle Proof, an American Gold Eagle Proof, and a U.S. Mint Bicentennial medal. Wearing a flowing gown and cape spangled with stars, Liberty is depicted striding boldly toward a rising sun, symbolizing America's optimism for the future. The bullion version bears no mintmark. For the best and most secure experience in our catalog, please update your browser. In 2013, auctioneers sold a 1994 American Silver Eagle coin for $11,163. Error message here! Lastly, be on the lookout for reverse proof silver eagles and certified proof silver eagles in MS70 condition, as these coins will also sell at a premium. Her right arm is extended and she carries laurel and oak branches in her left. Its $100 face value is the highest denomination for a U.S. legal tender coin. Liberty grows to a thing of strength and beauty from a seed our Bill of Rights. In 2013, auctioneers sold an MS-70-rated American Silver Eagle for $13,000. Proof coins are considered more valuable than regular strikes. The mintage of silver eagle proof coins is considerably less than silver eagle bullion coins. No one can predict the exact value of a coin in the future. The coin contains at least one troy ounce of 99.9% pure silver. The face value of the American Silver Eagle coin is $1.00, but most buyers appraise American Silver Eagle coins by their value in an investment portfolio. This page contains the following video: https://www.youtube.com/embed/FnRboZn7Zvg, Preamble to the Constitution (2009 to 2014). In 2002, Senator Harry Reid (D-NV) created the Support of American Eagle Silver Bullion Program Act. In this article, well share with you the information that you need to know to realize the full value when selling American silver eagle proof coins. In November 2020, a rare Morgan dollar variant sold for $750,000 USD at auction. But is it really worth the hype? Yet, despite this limitation, the sale of the 2019-S Enhanced Reverse Proof American Silver Eagle crashed the Mints website. Proof $1 American Silver Eagles are the collectible variety of the popular one-ounce silver bullion coin series issued by the United States Mint since 1986. The typical numismatic value of these coins ranges from $37 to $12,925. The Treasury purchased the silver directly from the Defense Logistics Agency. The obverse of the American Eagle Gold Coins features a version of Liberty first used on the 1907 $20, or double eagle coin.

The reverse shows an eagle grasping a branch first used on the 1907 American Institute of Architects Gold Medal. You might sell these versions of the American Silver Eagle for considerably more than $30 at an auction. While technically a special issue silver eagle proof coin, we decided to highlight the 1995-W American silver eagle proof coin separately because of its low mintage and high value. This act empowered the Treasury to purchase more silver on the open market. The 2021-2025 First Amendment to the United States Constitution Platinum Proof Coin Series features newly designed one ounce 99.95 percent platinum proof coins. The Mint produces American Eagle Coins for collectors with proof and uncirculated finishes. 9,001,711 uncirculated specimens were made and 746,398 proof examples were made in 2001. This item is currently Out of Stock. The coin contains exactly one troy ounce of pure silver and is considered legal tender with a face value of $1. Incredible.we pay taxes that maintain the mint and we get what? These sold out in one week. To celebrate its bicentennial in 1993, the U.S. Mint released a special edition set of Silver Eagles. Finally, in 1985, Congress came to a workable compromise: The Liberty Coin Act. Since 1986, the American Silver Eagle, produced by the United States Mint has been the official silver bullion coin of the United States. They are the only silver coins whose weight, content and purity are guaranteed by the Government of the United States. 2022 United States Mint All Rights Reserved. The USPS is a Government service. American silver eagle proof coins are considerably rarer than their uncirculated counterparts. Contact us to get an offer on your coin. In case you are curious, we pay the current spot price for non-proof American Silver Eagles. As of 2020, the average American Silver Eagle coin is worth $30. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. That said, many varieties are prized by collectors. Secrets of the Rare Coin & Bullion Business. All rights reserved. The U.S. Mint launched the American Eagle Coin Program in 1986 with gold and silver bullion coins for investors. So the Silver Eagles popularity is undeniable. Silver Eagle variants and rarities have a higher numismatic value than their melt value. The obverse designs use the lifecycle of the oak tree from seedling to a mighty oak as a metaphor for our countrys growth as a Nation that values freedom. Interest in Silver Eagle coins is growing worldwide.

The American silver eagle proof coin, along with the uncirculated American silver eagle, is the official silver bullion coin of the United States. AMS MAKES NO WARRANTIES, REPRESENTATIONS, OR PROMISES AS TO ITS PRODUCTS EXCEPT THOSE SET FORTH IN ITS TERMS AND CONDITIONS, AND NO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS ARE MADE.

In 2001 the American Eagle Bullion Program marked its 15th year. It hasnt regressed towards the mean yet. The gold bullion coins are available in four sizes: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. In July 2015, the Mint produced a new swath of American Silver Eagle coins.

David Bowers (QDB) is arguably the most well-known and influential numismatic authority in the coin collecting hobby. Collectors were so enamored, the entire 30,000 minting sold out in 20 minutes. The prices listed in our database are intended to be used as an indication only. By 2001, mintages of the Silver Eagle bullion coin had grown to more than 9 million. All 2001 ASE coins consist of one ounce of pure silver. In 2018, an auctioneer sold a 1990 American Silver Eagle coin for $13,000. Being armed with this information should allow you to receive the full value when the time comes to sell your silver eagle proof coins. Are you concerned the precious metals train has left the station without you. The United States economy began to slide into a recession. From 1997 to 2017, the American Eagle Platinum Proof Coin shared a common obverse that depicted the Statue of Liberty. It maintains these materials in the stockpile. Mercantis eagle design encompasses a shield, a banner, and 13 stars. Be sure to check and see if you have a proof 2001 American Silver Eagle. It was during 2001 that the U.S. Mint moved production of the Silver Eagle proof from Philadelphia to West Point. As the official silver bullion of the United States, American Silver Eagles are considered legal tender and may be deposited into an Individual Retirement Account (IRA). Here are six out of several American Silver Eagle coins that attract special interest from collectors. And, there are so many variants, Morgan dollar collecting has become its own numismatic specialty. The common reverse showed an eagle in flight carrying an olive branch. Every year savvy buyers stash these away. While there isnt a clear reason numismatists value this 1999 variant so highly, we can make a few guesses. Collectors generally sell 1990 Silver Eagles in lower grades for less than $200. Please sign up to be notified if this product becomes available. American Eagle Palladium Coins were first released in 2017 as bullion and 2018 as proof. The CDC cleared the West Point Mint to resume production at the end of April 2020. Your use of this site indicates full acceptance of these terms. These coins bear an obverse reprisal of Adolph A. Weinman's "Walking Liberty" design first made famous on half dollars struck from 1916 through 1947; on the reverse is a stylized heraldic eagle design on the reverse by John Mercanti. The collectible coin market is unregulated, highly speculative and involves risk. Most collectors have sold MS-70 1994 Silver Eagles for $1,000-$6,000. COVID-19 interrupted American Silver Eagle coin production in 2020. The value of this 1994 silver bullion shot up in 2000. Do you complain when the Navy fails to show a profit? Like The Defense Department. GovMint.com is a brand of Asset Marketing Services, LLC (AMS). The back, which is also called the reverse, pictures an eagle with shield and 13 stars. You will receive a link to create a new password. From 2018 to 2020, the Mint issued the Preamble to the Declaration of Independence Series. Unlike uncirculated silver eagle bullion coins, which sell for close to the prevailing silver value in the futures market, silver eagle proof coins should be sold on an individual basis after taking a few factors into consideration. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Prices, facts, figures and populations deemed accurate as of the date of publication but may change significantly over time. With the exception of variety or special issue coins, the two key date American silver eagle proof coins were produced in 1993 and 1994, with mintages in the 400,000 range. The sculptor Adolph A. Weinman originally created the design for the Walking Liberty half dollar in 1916. In summary, before selling American silver eagle proof coins, its important to become familiar with the mintage of the coins. U.S. Mint Director David J. Ryder chose Emily Damstra to create the design. The plan was opposed by silver miners and some military leaders and was thus shelved. Home Bullion American Silver Eagle ASE (1986-Present) Value of 2001 American Silver Eagle $1 Coin. As an example, if the silver spot price is $20, then we will pay $20 per coin. But its unique history makes it an even better investment than most. Because of that silver content, each regular issue 2001 $1 silver coin usually sells for around $2 above or below the current price of an ounce of silver depending on if you are buying or selling. Each coin has a declared value of only one dollar. While most silver eagle proofs are common date coins and will sell at a standard rate, silver eagle proof coins from 1993 and 1994 should be separated from the rest of your collection. The program has since expanded to include platinum and palladium coins. Because of their popularity, the U.S. Mint has also produced reverse silver eagle proof coins in 2011, 2012 and 2013, which were sold as part of special issue sets. Damstras work is biologically accurate rather than symbolic. In 2021, the U.S. Mint retired John Mercantis Eagle design. Then, it used the raw material to mint American Silver Eagle bullion coins. Silver Eagles are a uniquely American coin. Morgan dollars do not contain 1oz of silver as the article states. Between February and March 2008, American Silver Eagle coin sales increased by 900%. Since 2021, the coins feature a newly designed portrait of an eagle on the reverse. Values for uncirculated specimens are generally a few dollars above the prevailing spot price, while the proof specimen can be bought for about $20 over spot., To My Young Brothers & Sisters at Reddit & Elsewhere. Please. Production of proof American Silver Eagles has been consistent since 1986, with the lone glaring exception of 2009, when a shortage of silver blanks amidst soaring demand for bullion led to a forced hiatus of proof silver eagles. The 1995-W silver eagle now sells for four-figure prices, and for a time PR70 specimens commanded prices of nearly $20,000. The coins reverse featured a variety of themed series designs, including: In 2017 for the 20th anniversary of the platinum proof program, the coin bore its original 1997 design. The American Silver Eagles composition and utility as an IRA contribution make it a good bullion coin on its own. The obverse features Liberty wearing a cap with wings used on the 1916 Mercury Dime. The Treasury had successfully depleted the National Defense Stockpiles silver reserves by 2002 and per the original Liberty Coin Act, the Mint would stop producing the coin. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. Starting in 2001, all American silver eagles were struck at the West Point mint in New York. Because of its rarity, the 1995-W silver eagle proof coin sells for well over $1,000 in raw or ungraded condition, and can sell for upwards of five figures if certified by NGC or PCGS in MS70 condition. These coins sell at a slight premium over most other standard issued silver eagle proof coins. No Proof editions of the coin were struck in 2009, and no Uncirculated Silver Eagles were struck in 2009 and 2010. 2001 American silver eagles are bullion coins that contain one ounce of .999-fine silver, which is essentially pure silver. Please enter your email address. Federal regulators shut down the West Point Mint when an employee contracted the COVID-19 virus. In addition, a few varieties and lower mintage production runs exist, which are considerably more valuable than common date silver eagle proofs. As the U.S. Mint continues to produce new mintings, the coins popularity seems contagious. The 1999 American Silver Eagle bullion coin holds the auction record.

In 2007, the U.S. Mint abruptly altered the intended design for the 2008 Silver Eagle coin. These reverse-strike error coins are comparably rare.

Produced for collectors, it bears the W mint mark of the West Point Mint, where it is produced. Enter your e-mail and subscribe to our newsletter. The U.S. Mint created the American Silver Eagle in response to the Liberty Coin Act. Another example of a corrupt malfeasance government agency that doesnt care about anything except maintaining quib pro qoe. Local Storage seems to be disabled in your browser.For the best experience on our site, be sure to turn on Local Storage in your browser. The design, by famed sculptor Augustus Saint-Gaudens, shows Liberty facing forward, holding a torch in one hand and an olive branch in the other. First and foremost, to realize the full value of your silver eagle proof coins, they must be accompanied with the original government packaging, which includes a felt display case, a COA, and a box. All rights reserved. In November 2019, the United States Mint released a limited-edition San Francisco mint mark Reverse Proof. For the best experience on our site, be sure to turn on Javascript in your browser. Evaluators estimate over seven million of these coins survive. Despite the 2010 act, demand for the American Eagle bullions surpassed supply in 2013. But, as a bullion coin with a unique heritage, the American Silver Eagle is shaping up to be a wise investment. Once again, the Mint rationed the coins. Support of American Eagle Silver Bullion Program Act, Coin Modernization, Oversight, and Continuity Act, Rare Roosevelt, Harding Inaugural Bronze Medals in Stacks Bowers Showcase Auction, Mexico 1921 Aztec Sunstone 20 Peso Gold Coin, Rare US Coins From Westminster Collection Offered by David Lawrence, New 3-Coin Set Honors Centennial of Discovery of Tutankhamuns Tomb, Numismatic Grab Bag Five Ancient Coins With Shanna Schmidt, Rare Chinese Pavilion Dollar Offered by GreatCollections, Stacks Bowers Eclectic World Coin Sale Part of Summer 2022 Showcase Auction. First Amendment to the United States Constitution Platinum Proof Coin Series. Can't Email or Call Right Now? All purchases are expressly conditioned upon your acceptance of our Terms and Conditions www.govmint.com/terms-conditions; to decline, return your purchase pursuant to our Return Policy, www.govmint.com/return-policy. She also appointed John Mercanti to design the Eagle itself. Registered users receive faster checkout, enhanced order tracking options and special promotions. It is a necessary service. Special edition and variety proof silver eagles can also sell for considerably more than the silver value of the coins. Another reason is its beautiful design. Thus, Proof Silver Eagles minted from 2001 to the present day carry the "W" mint mark. In December 2010, the Coin Modernization, Oversight, and Continuity Act empowered the Treasury to mint enough American Eagle coins to meet demand. The design is based on the Great Seal of the United States and features a bald eagle in a formal heraldic pose, its breast protected by a shield. This is slightly more than the melt value of the coin. By June, the Mint was able to increase production to keep up with demand. Some numismatists compare buying it to investing in the Morgan dollar. For a matter of perspective, 18,561,731 proof coins were minted from 1986 2012, while 317,951,243 uncirculated silver eagles were produced over the same time period. The proof coin design changes each year. Because of these similarities, the American Silver Eagle is a great bullion coin if you want to hedge against inflation. Hide Password In its talons are a sheaf of arrows and an olive branch, and in its beak is a banner inscribed with "E PLURIBUS UNUM""Out of many, one.". However, these are bullion coins, meaning they contain precious metals.

This field is for validation purposes and should be left unchanged. But few of them are MS70. The obverse design, featuring Miss Liberty striding toward the rising sun, is actually a faithful revival of the obverse design from the Walking Liberty half dollar, which was designed by Adolph A. Weinman and struck from 1916 through 1947. But, so far, auctioneers have only sold lower-rated versions of this coin for less than $200. This series continues the reverse design introduced for the 2018-2020 Preamble to the Declaration of Independence Series. The obverse (front) of the coin has Lady Liberty with the sun behind her. Numismatists estimate only 45,000 of these coin variants exist. Evaluators label these coins Emergency Eagles. Bullion coins arent used for commerce. At the time, only the West Point Mint minted American Silver Eagle bullions. The Mint first released American Eagle Platinum Coins in 1997. Like the silver coins, the palladium coins re-create historic designs by Adolph Weinman. Also be sure to check your collection for a 1995-W silver eagle proof, set aside reverse silver proof coins from 2006, 2011, 2012, and 2013 and certified silver eagle proof coins in MS70 condition, as they should be sold for an additional premium. Sorry but the hype is all about the Flippers grabbing what they can and getting the coins to Feebay where the coins mentioned fetched $1,100.00.

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