New year, new … Silver American Eagle to add to your portfolio. The U.S. Mint is kicking off 2019 in style with the release of its current-year issues of the beloved Silver American Eagle. The bullion coins are available now and the proof versions are launching soon.
U.S. Gold Bureau clients will have the opportunity to add single or multi-piece packs of 2019 Silver Eagles from our inventory to their portfolios. We are offering bullion pieces, Brilliant Uncirculated pieces, 20-piece tubes sealed by the Mint, and 500-coin “Monster Boxes” sealed by the Mint, as well as Proof 70 versions of the coin once they are made available.
As with all of our Proof coin offerings, U.S. Gold Bureau 2019 Proof Silver Eagles will be available with the highest grade issued from the Numismatic Guaranty Corporation (NGC) -- a perfect Proof 70.
Additionally, all of our Proof coin offerings, including our 2019 Proof Silver Eagle inventory, are accompanied by a certification label hand-signed by 38th Director of the United States Mint, Ed C. Moy, an exclusive value-add available only to our clients. Read more about our Ed Moy-backed Proof coins.
Should I buy a 2019 Silver American Eagle?
While each investor’s needs are different, the Silver American Eagle series is a world-renowned investment, often referred to as the most popular silver bullion coin in the world.
Each Silver American Eagle, regardless of mintage year, contains one Troy ounce of .999 pure fine silver. The United States government backs its weight and precious metal content, making it the only regularly minted 1oz silver coin to boast such a guarantee. Silver American Eagles can also be included in precious metals IRA accounts.
What do 2019 Silver American Eagles look like?
As in years past, the 2019 Silver American Eagle boasts striking designs on both its obverse and reverse.
On the coin’s obverse appears Adolph A. Weinman's famed Walking Liberty design, which was initially struck on the eponymous Walking Liberty Half Dollar from 1916 to 1947. Quickly rising to icon status during its early 20th-century tenure, the Walking Liberty image depicts an unusually dynamic version of Lady Liberty, who, in this case, is elegantly striding forward toward a rising sun in the distance. Her right arm stretches outward, as if pointing the way to a newer, brighter path ahead, while her left arm cradles a bundle of laurel and oak branches. A flowing American flag wraps around Liberty's shoulders and the words "IN GOD WE TRUST," the coin's issue year and "LIBERTY" flank the right side, bottom, and top of the entire image, respectively.
The coin’s reverse touts John Mercanti’s heraldic eagle image that has been cast on the coin since its initial release in 1986. The stately eagle is shown with outstretched wings and is clasping a flowing ribbon in its beak that bears the United States motto, “E Pluribus Unum.” On the bird’s chest rests a striped shield, while 13 stars shine overhead. “UNITED STATES OF AMERICA” lines the top edge of the reverse, countered to the bottom by the coin’s precious metal contents and its largely ceremonial face value of “ONE DOLLAR.”
The coin's edges are reeded, and Proof versions boast the W mintmark, indicating production at New York's West Point Mint.
What is the history of Silver American Eagles?
The Silver American Eagle series was authorized by the Liberty Coin Act of 1985 and originally released the following year on November 24, 1986. Over its 33 years of existence, the coin has grown into one of the world's leading investment pieces, being deemed by the award-winning numismatic journalist, Louis Galino, in Coin Week as the "modern equivalent of the mighty Morgan dollar.”
The road to the Silver American Eagle’s fruition was not without turbulence. In 1982, the House Armed Services Committee authorized the selling of the United States' silver holdings to balance the federal budget during Reagan’s presidency. It was agreed that 75% of the country's silver supply then being held in the Defense National Stockpile would be sold off over a three-year period. This ratio would equate to approximately 105.1 million Troy ounces of silver.
As rhetoric against this approach bubbled to the surface – arguing that selling such an amount of the precious metal at such a pace would effectively ruin the silver market – the issue of how to handle the country's silver holdings and its unbalanced budget was again brought to the fore. In 1985, three years after the previous House Armed Services Committee agreement, Congress passed the Liberty Coin Act, opening the door to the production of the now famed Silver American Eagle coins.
Over its tenure, Silver Eagles have been minted at three U.S. Mints: San Francisco, from 1986 through 1992, Philadelphia, from 1993 through 2000, and West Point, from 2001 through 2008. Proof issues were not minted in 2009, but resumed production the following year in 2010, being struck exclusively at the West Point Mint. All three locations have struck the coin since 2016, with West Point claiming the majority of the series’ production.
Whether continuing to fill out your own Silver American Eagle date run or simply looking to add a new silver coin to your portfolio, the 2019 Silver American Eagle is a notable and renowned investment option. Its legacy is one of prestige and admiration, leading to its reputation as one of the most in-demand pieces in the world today.
Give our team of Precious Metals Experts a call today to learn more about adding one of these cherished pieces of American numismatics to your precious metals holding! (800) 775-3504.