2001 American Silver Eagle Coins

The 2001 American Silver Eagle Coins showed a decline in the annual bullion mintage but also returned a significant increase for the proof coins.

2001 American Silver Eagle Coins
Mintage: 9,001,711 Bullion, 746,398 Proof
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Continuing a trend that started three years previous, the annual price of silver once again dropped in 2001. The precious metal averaged $4.37 for the year, down $.58 from 2000. This undoubtedly influenced investor confidence and the bullion Eagle mintage still showed a high year even though it did not quite attain the same level shown the year before.

Collectors will note that the 2001 Eagles marked the first year in which the Mint struck both the bullion and proof coins at its West Point facility. Previous to this, the coins were either struck at the Philadelphia or San Francisco facilities.

2001 Silver Eagle Mintage

Bullion Silver Eagle Mintage

Bullion Eagle Mintage showed a slight drop from the previous year but still came in at 9,001,711, making it the third best year for the strikes since their debut up to that point. It still was a decline, however of 237,421 from the 2000 numbers.

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 2001

January
779,500
  July
624,500
February
846,500
  August
474,500
March
786,000
  September
550,000
April
562,000
  October
843,500
May
426,000
  November
1,031,500
June
467,000
  December
1,436,500

Proof Silver Eagle Mintage

After hitting their mintage cap of 600,000 the previous year, the US Mint raised the cap to 750,000 for the 2001 Proof Silver Eagles. This resulted in many more strikes being sold with the 2001 final mintage coming in at 746,398.

Issue Information

The Silver Eagles had been available for sixteen years with the release of the 2001 versions.

Release Date

Bullion Silver Eagles were available for a majority of the year with the Proof Eagles being released on April 19, 2001.

Issue Price

Selling for the same price as the previous year, the Proof Silver Eagles were available directly from the US Mint for $24 each. Bullion Silver Eagles were available from the Mint’s network of authorized purchasers for a small premium above the spot price of the silver contained within them.

U.S. Mint Production Facility

Proof Silver Eagles were struck at the US Mint’s facility in West Point, NY and contained the appropriate ‘W’ mintmark. Bullion Silver Eagles were also struck in West Point, but do not contain any mintmark.

Designer & Sculptor

"Walking Liberty," as designed by Adolph A. Weinman, is featured on the obverse (heads side) of the Silver Eagle. It was first used on the half dollar coin from 1916-1947. 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

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