You could earn points ($) to invest in gold and silver when you make this purchase with The Bullion Card from APMEX
|Volume Discount Pricing|
- Product Details
- Sell Silver to Us
- 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 3,603,386 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 1996 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.
Learn about advantages Silver Eagles have over silver rounds, like this 1996 Silver Eagle BU, which has a face value and is backed by the U.S. government.
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.
74% of reviewers recommend this product
Posted By:Texas Tom
Date:Oct 7, 2023
APMEX has always come through with amazing coins but this one let me down. for the premium paid for a BU 1996 coins, the one I received was really disappointing. there is a large brown stain on the right side of liberty. I also received a 1994 BU that was in great condition. Was really looking forward to having the 1996 low montage year and now am just dissapointed.
- Collectible (lower mintage)
- Poor Condition
Posted By:The Quickster
Date:Feb 8, 2023
I’ve been very happy with every purchase I’ve made so far up until this one. For being as expensive as it is due to the demand for the year I expected way more than I received. I’ve been elated with every silver eagle I’ve bought so far and then this one arrived. It almost looks like its just been sitting on someone’s stand somewhere acquiring a nice thick layer of dust and grime that someone tried to wipe off very poorly. If I could rate it zero stars I would without hesitation.
- Poor Condition
Date:Sep 28, 2022
Ordered and received today my 96, 97, 01, and 02 silver eagles. Flawless coins, better than I ever expected, and great service as usual. I’m short one coin to complete my set….1999. Hope to get it soon. Can’t go wrong with APMEX!!!! Love you guys.
- Mint Condition
- Attractive Design
Date:May 1, 2017
I have now completed my set of Eagles from start to present but about 4 of them different dates came with a milk like finish and blackish color on the outer edge I have spent thousands on my Eagle set and silver bar sets and my promotional gift is a big stack of note pads
- Attractive Design
- Easy to Sell
- Recognized Brand
- Poor Condition
Date:Feb 8, 2017
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.