1998 Silver American Eagle MS-69 NGC
The Silver American Eagle is among the most popular Silver coins in the world. Widely recognized and universally revered, the Silver Eagle is the only 1 oz Silver bullion coin produced in the United States.
Coin Highlights:
- Contains 1 oz of .999 fine silver.
- NGC encapsulation protects and guarantees the near perfect MS-69 condition of the coin.
- Obverse: Features 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.
- Sovereign coin backed by the U.S. government.
Protect and display your Silver American Eagle in style by adding an attractive display or gift box to your order.
One of the most popular designs in American coinage, the Silver American Eagle combines beauty with Silver bullion appeal. Add the 1998 Silver Eagle to your cart today.
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 direct from the U.S. Mint and pass them along to you.
First released November 24, 1986, the 1 oz Silver American Eagle has become the most popular Silver bullion coin not only in the United States, but in the entire world. In fact, this Silver coin is so highly sought after that in 2014 and 2015 the U.S. Mint could not match its level of production to consumer demand. In 2013, after a historic drop in Silver prices, demand increased so much that the U.S. Mint had to ration the sale of Silver coins for 18 months.
The driving force behind the creation of the Silver American Eagle was the government’s desire to sell off some of the Silver from the Defense National Stockpile. Although states with heavy mining interests and some legislators opposed the sale of the Silver, in 1985, the Senate agreed to permit the sale of Silver after an amendment was made to the bill permitting such action. Later in 2002, after it became apparent the stockpile of Silver would be depleted, an additional bill was passed that would allow the government to purchase Silver on the open market once it became necessary.
The design of this Silver bullion coin is steeped in American heritage and tradition. On the obverse of the coin is Adolph A. Weinman’s “Walking Liberty” design which was originally used on the Walking Liberty Half Dollar from 1916 to 1947. This iconic design was a public favorite and thus it was reinstituted years later on the 1 oz Silver American Eagle. The reverse features a heraldic eagle holding an olive branch in one talon and arrows in the other with a shield on its chest. In the beak of the bird is a banner that reads “E Pluribus Unum” and above the eagle are 13 five-pointed stars representing the original 13 colonies. This image mirrors the Great Seal of the United States.
These Silver bullion coins do not have mintmarks, as opposed to the Proof and Burnished versions, which do include a mintmark. From 1986 to 1998, they were manufactured at the San Francisco Mint. From 1999 to 2000, production was moved to the Philadelphia Mint. Since 2001, the 1 oz Silver American Eagle has been produced at the West Point Mint in New York, which has been referred to as the “Fort Knox of Silver.” Starting in 2011, due to the coin’s massive popularity, the San Francisco Mint again began minting coins to supplement the output from the West Point Mint.
The driving force behind the creation of the Silver American Eagle was the government’s desire to sell off some of the Silver from the Defense National Stockpile. Although states with heavy mining interests and some legislators opposed the sale of the Silver, in 1985, the Senate agreed to permit the sale of Silver after an amendment was made to the bill permitting such action. Later in 2002, after it became apparent the stockpile of Silver would be depleted, an additional bill was passed that would allow the government to purchase Silver on the open market once it became necessary.
The design of this Silver bullion coin is steeped in American heritage and tradition. On the obverse of the coin is Adolph A. Weinman’s “Walking Liberty” design which was originally used on the Walking Liberty Half Dollar from 1916 to 1947. This iconic design was a public favorite and thus it was reinstituted years later on the 1 oz Silver American Eagle. The reverse features a heraldic eagle holding an olive branch in one talon and arrows in the other with a shield on its chest. In the beak of the bird is a banner that reads “E Pluribus Unum” and above the eagle are 13 five-pointed stars representing the original 13 colonies. This image mirrors the Great Seal of the United States.
These Silver bullion coins do not have mintmarks, as opposed to the Proof and Burnished versions, which do include a mintmark. From 1986 to 1998, they were manufactured at the San Francisco Mint. From 1999 to 2000, production was moved to the Philadelphia Mint. Since 2001, the 1 oz Silver American Eagle has been produced at the West Point Mint in New York, which has been referred to as the “Fort Knox of Silver.” Starting in 2011, due to the coin’s massive popularity, the San Francisco Mint again began minting coins to supplement the output from the West Point Mint.
Coin ID:
710026
Grade:
MS-69
Mint Mark:
N/A
Population: 
103,846
Graded Higher:
353
Mintage:
4,847,549
Information Provided By
Additional Product Specifications
Product ID:
6909
Year:
1998
Grade Service:
NGC
Denomination:
$1
Metal Content:
1 troy oz
Purity:
.999
Manufacturer:
US Mint
Thickness:
2.98
mm
Diameter:
40.6
mm
Not yet rated. Be the first to Write a Review
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.
