1992 American Silver Eagle Coins

The 1992 American Silver Eagle Coins experienced declines in both the sales of the bullion Eagles as well as their proof counterparts.

1992 American Silver Eagle Coins
Mintage: 5,540,068 Bullion, 498,654 Proof
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Silver bottomed out during the year explaining some of the disinterest shown in the Eagle strikes. It averaged a dismal $3.95 an ounce for the year after having slid from the high of $7.01 an ounce five years earlier.

Proof Silver Eagles for the year were struck at the US Mint’s facility in San Francisco, just as they had been since their debut in 1986. However, 1992 would mark the last year for their production in California as responsibility for them was shifted to the US Mint’s facility in Philadelphia. Bullion Eagles, however, would continue to be struck in San Francisco for several more years.

1992 Silver Eagle Mintage

Bullion Silver Eagle Mintage

A total of 5,540,068 of the 1992 Bullion Silver Eagles were struck. This was a decline of 1,650,998 from the previous year, or down 23%.

The chart below is a monthly breakdown of the Bullion Silver Eagles sold during the year by the US Mint. (Numbers may include coins minted in other years.):

Bullion Silver Eagles Sold in 1992

January
756,000
  July
310,000
February
415,000
  August
480,000
March
385,000
  September
400,000
April
310,000
  October
195,000
May
260,000
  November
625,000
June
300,000
  December
1,108,000

Proof Silver Eagle Mintage

Proof Silver Eagles also showed a decline for the year continuing a trend that began in 1991 and which would continue for two more years. A total of 498,654 of the 1992 dated strikes were sold, a drop of 13,271 or -2.6%/

Issue Information

The 1992 Silver Eagles were the seventh annual series of coins available since the introduction of the program back in 1986.

Release Date

The US Mint had the 1992 Eagles available for most of the year.

Issue Price

Proof Silver Eagles were available directly from the US Mint for $23 each. Bullion Silver Eagles were sold by the Mint to its network of authorized purchasers who then re-sold them for a slight premium above the cost of the silver contained within them to the public.

U.S. Mint Production Facility

Both the bullion and the Proof Silver Eagles were struck at the US Mint’s facility in San Francisco. However, only the proof strike contains the ‘S’ mintmark.

Designer & Sculptor

Adolph A. Weinman designed the obverse (heads side) image to show a "Walking Liberty." It was first used on the 1916-1947 half dollar. The reverse (tails side) shows a heraldic eagle as designed by John Mercanti.

Coin Specifications

Face Value: $1
Finish: Bullion, Proof
Composition: 99.93% Ag, 00.07% Cu
Standard Weight: 31.103 g
Standard Diameter: 40.60 mm
Edge: Reeded

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