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1998 1 oz American Silver Eagle BU

1998 1 oz American Silver Eagle BU

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Product Details
  • Product Details
  • Specifications
  • History
  • Sell Silver to Us
Product Details
The 13th issue from the annual American Silver Eagle program by the U.S. Mint displays one of the most popular and beloved designs in American coinage. The iconic design and .999 fine Silver content further adds to its bullion appeal.

Coin Highlights:
  • Contains 1 oz of fine Silver.
  • Multiples of 20 are packaged in mint issued tubes. All other Silver Eagle coins will come in protective packaging.
  • Worldwide mintage of 4,847,549 coins.
  • Eligible for Precious Metals IRAs.
  • Obverse: Adolph A. Weinman’s design showing Lady Liberty draped in an American flag, walking gracefully as the sun rises over a ridge.
  • Reverse: A heraldic eagle is shown below 13 small stars, representing the original colonies.
  • Guaranteed and backed by the U.S. Mint.

Protect your American Silver Eagle with this clear plastic capsule or display it in style by adding an attractive presentation box or jewelry bezel to your order.

One of the most popular designs in American coinage, the Silver Eagle combines beauty with Silver bullion appeal. Add the 1998 Silver Eagle to your cart today!

History of the American Silver Eagle Program
The U.S. Mint attempted to establish selling Silver bullion in the 1970s and early 1980s to help reduce the Defense National Stockpile. The reasoning was that domestic needs exceeded that of strategic needs. Many refiners had actually opposed the plan due to concerns of diminishing the need of in-state mining and possible reduction of Silver spot at the time. Throughout the back-and-forth, the United States did end up selling off large amounts of Silver (roughly 105 million troy ounces) but not as coin, as they had originally intended. When this happened, it did in fact cause the price of Silver to drop immediately. Many traders started unloading futures with the anticipation that price would fall, which it did. Over a span of several years and suspensions, it wasn’t until June 21, 1985, that the Senate finally agreed to an amendment by a voice vote. The amended bill was signed by President Ronald Reagan on July 9, 1985. The bill, know as the “Liberty Coin Act” authorized the law of the American Silver Eagle program with an effective date of October 1, 1985, but came with stipulations that no coins may be struck or sold until September 1, 1986. Finally, after all of this, the first American Silver Eagle was released on November 24, 1986, and has gone on to become one of the most beloved, best-selling coins in the world.

The Design (1986 to 2021)
The obverse (front) of the coin was taken from the “Walking Liberty,” originally designed by Adolph A. Weinman, in 1916. The iconic design had already been a public favorite and one of the most beloved of any United States coinage of modern times, which made it an instant favorite among collectors and enthusiasts once released. The reverse (back) was designed by John Mercanti and portrayed a heraldic eagle behind a shield. The eagle holds a banner in its beak while grasping an olive branch in its right talon and arrows in its left, an image that echoes the Great Seal of the United States. Above the eagle and below the legend are 13 five-pointed stars representing the original 13 colonies.

Direct from the U.S. Mint
The U.S. Mint does not sell its bullion coins directly to the public. Instead, they distribute their coins to only a handful of authorized purchasers who then sell the coins to the public. As one of these authorized purchasers, APMEX is able to get coins directly from the U.S. Mint and pass them along to you, our customer.

NOTE: The coins you receive may exhibit some level of natural toning and/or oxidation such as spotting. This is a normal process that and can occur over time when exposed to hydrogen sulfide which is naturally occurring in the air.

4.9

16 Reviews

99% of reviewers recommend this product

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Posted By:Running Eagle

From:Tennessee

Date:Jan 26, 2020

Great coin in great shape

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Great coin and great condition


  • Pros
  • Attractive Design
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Chumlypage ,llc

From:Bethlehem pa

Date:Jun 24, 2019

Awesome

Was this review helpful? Yes/ No

Awesome thank you


  • Pros
  • Value (low premium over spot)
  • Collectible (lower mintage)
  • Cons
  • Common (higher mintage)
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:goldbug

From:Arkansas

Date:Mar 16, 2017

Excellent service and products

Was this review helpful? Yes/ No

Excellent service as always.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Mattingly

From:Corydon, IN

Date:Feb 4, 2017

Beautiful coin.

Was this review helpful? Yes/ No

Working my way through all of the mint years to collect them all. Very good condition for a coin that was at least 18 years old at the time I bought it.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Easy to Sell
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:OJL

From:640 South Hill St. Suite 440 Los An

Date:Sep 2, 2015

1998 1 oz Silver American Eagle BU

Was this review helpful? Yes/ No

Great collection! Please include the round coin plastic container in every purchase we do. Thanks and regards, Julius Arbolado


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:yallmd

From:brooklyn, new york

Date:Aug 10, 2015

Great

Was this review helpful? Yes/ No

Completing a coolection of silver eagles


  • Pros
  • Attractive Design
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:CHIPSDICE

From:Round Rock, TX

Date:Aug 6, 2015

"A good buy with a low mintage"

Was this review helpful? Yes/ No

Working on B U set


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:C4

From:Texas

Date:Dec 16, 2014

Good catch here.

Was this review helpful? Yes/ No

98' Silver Eagle BU, what can I say, awesome. Love everything about it. It's my first child's birth year, that is why I ordered it.


  • Pros
  • Collectible (lower mintage)
  • Attractive Design
  • Recognized Brand
  • Mint Condition
  • Value (low premium over spot)
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Lee

From:Bella Vista, AR

Date:Sep 1, 2014

3 year customer continues to be satisfie

Was this review helpful? Yes/ No

to help complete a set of all silver eagle coins


  • Pros
  • Well Packaged
  • Value (low premium over spot)
  • Attractive Design
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Silver stacker

From:Arkansas delta region

Date:May 15, 2014

US silver eagle is a beauty

Was this review helpful? Yes/ No

The US Silver Eagle is a beautiful coin that is highly Collectable and beautiful. Value continues to rise every Year


  • Pros
  • Attractive Design
  • Recognized Brand
  • Easy to Sell
  • Collectible (lower mintage)
  • Cons
  • Getting More Expensive
  • Bottom Line
  • Yes, I would recommend this to a friend.
Satisfaction Guaranteed

We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.

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