1999 American Silver Eagle Coins
The 1999 American Silver Eagle Coins continued a trend in which both the bullion and proof Eagles showed improvements over the previous year’s strikes.
Leading into Y2K, many may have looked to the Silver Eagles as an investment hedge in case of a technology melt-down with the turn of the century. Despite this, the silver market ended down for the year coming in at only $5.22 an ounce.
The 1999 dated bullion Eagles marked the first year in which the strikes were not produced at the US Mint’s facility in San Francisco since their debut in 1986. Instead, the facilities in Philadelphia and West Point would share the responsibility for the next few years.
1999 Silver Eagle Mintage
Bullion Silver Eagle Mintage
1999 dated silver bullion Eagles showed a third annual increase over the previous year. In total, the US Mint sold 7,408,640, a large jump of 2,561,091 coins or up 52.8%.
Shown below are the total number of bullion Eagles sold by the Mint in each month. (Numbers may include coins minted in other years.):
Bullion Silver Eagles Sold in 1999
| January |
|
|
July |
|
| February |
|
|
August |
|
| March |
|
|
September |
|
| April |
|
|
October |
|
| May |
|
|
November |
|
| June |
|
|
December |
|
Proof Silver Eagle Mintage
Proof Silver Eagles were up for the second year in a row and came in at 549,796, an increase of 99,796 or 22.18%. Technically, the proofs reached their mintage cap of 550,000, but the final mintage ended up slightly lower due to adjustments.
Issue Information
Silver Eagles were available for fourteen years with the release of the 1999 dated strikes.
Release Date
The US Mint had Eagles available for most of the year.
Issue Price
The Mint’s network of authorized purchasers sold the bullion Eagles for a slight premium over the spot price of the silver contained in the coins. Proof Silver Eagles sold for $24 a piece directly from the Mint.
U.S. Mint Production Facility
Proof Eagles were struck at the US Mint’s facility in Philadelphia and contained a ‘P’ mintmark.
Bullion Eagles were struck at the Mint’s facilities in Philadelphia and West Point, but contained no mintmark.
Designer & Sculptor
Adolph A Weinman’s "Walking Liberty," which was first seen on the 1916-1947 half dollar, is featured on the obverse (heads side) of the Silver Eagle. The reverse (tails side) shows a heraldic eagle and was 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 |
Related Products
Links
