You could earn points ($) to invest in gold and silver when you make this purchase with The Bullion Card from APMEX
|Volume Discount Pricing|
|1 - 19||$40.18||$40.60||$41.85|
|20 - 99||$39.68||$40.09||$41.33|
|100 - 499||$39.18||$39.59||$40.81|
- Product Details
- Sell Silver to Us
- Why Buy Silver
- 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.
- 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 2018 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 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, which 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 that 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, that echoes the Great Seal of the United States. Above the eagle and below the legend is thirteen five-pointed stars representing the original Thirteen 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.
The Silver American Eagle Features an Iconic American DesignThe 1 oz Silver American Eagle coin’s reverse depicts an American eagle behind a shield, bearing arrows in its left talon and an olive branch in its right. This design echoes the Great Seal of the United States designed by John Mercanti, the 12th chief engraver of the U.S. Mint, who retired in 2010. Mercanti was the most prolific engraver in U.S. Mint history, designing more medal and coin artwork than any other mint engraver. Precious Metals investors may well remember the 1984 Olympic Gold $10 coin, the 1986 Statue of Liberty Dollar coin or the 1989 Congress Bicentennial Gold $5 coin that all sport his work.
When Purchasing 2018 Silver Eagles, Understand Premium Over SpotMany investors especially like Silver American Eagles because the premium-over-spot price is generally fairly low. When you plan to buy Precious Metal items, watch the spot price of Silver, which is the cost of raw, unfabricated Silver, for the best time to purchase. When you buy Silver coins, you pay spot price of Silver plus a premium, which includes the cost of fabrication, distribution, a small dealer fee and any numismatic value. Many investors prize U.S. Silver coins and other items offering a low premium-over-spot price to be the best for growing their portfolios.
99% of reviewers recommend this product
Posted By:Artemis Finly
Date:Apr 23, 2020
If you are like me, cash is hard to hold on to. Although every piece from APMEX is a keeper, that is not why I store loose change, $1 coins, silver and gold bullion. I paid my mortgage and bills for 3 months when hurt on the job. For me it's more than just a hobby....Nice gifts too.
- Attractive Design
- Collectible (lower mintage)
- Easy to Sell
- Mint Condition
Date:Jan 11, 2020
What can I say other than it's a pristine American Silver Eagle. Everybody knows the coin. Great service/fast shipping, no disappointments, all around another A+++++++ acquisition experience from APMEX. Thanks for being so good at what you do!!!
- Attractive Design
- Easy to Sell
- Mint Condition
- Recognized Brand
Date:Jan 6, 2019
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.