2004 American Silver Eagle Coins

The 2004 American Silver Eagle Coins returned decent improvements on both their bullion and proof mintages for the year.

2004 American Silver Eagle Coins
Mintage: 8,882,754 Bullion, 801,602 Proof
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Likely fueling a large part of that improvement was significant growth in the silver market. The cost of an ounce of the precious metal had been slowly improving over the last couple of years after having bottomed out in 2001 at $4.37.

However, 2004 saw the largest increases with an ounce of silver averaging $6.67 for the year. This was up $1.79 from 2003. Even more impressive was the precious metal’s December numbers where it actually went over $8.00 an ounce for a couple of those days.

2004 Silver Eagle Mintage

Bullion Silver Eagle Mintage

The US Mint recorded the 2004 Bullion Eagle mintage at 8,882,754. This was an improvement of 387,746 from the previous year, or 4.6%.

The chart below shows the total number sold of Silver Eagle Bullion Coins from the US Mint for each month. (Numbers may include coins minted in other years.):

Bullion Silver Eagles Sold in 2004

January 1,392,500   July 170,000
February 1,281,000   August 311,000
March 348,000   September 580,000
April 680,000   October 320,000
May 914,500   November 492,500
June 505,000   December 2,622,500

Proof Silver Eagle Mintage

Helped in part by an increased mintage cap of 850,000 on the strikes, the 2004 Proof Silver Eagles came in at 801,602. This was a jump of 53,771 from 2003.

Issue Information

The Silver Eagles were available for nineteen years with the release of the 2004 strikes.

Release Date

Proof Silver Eagles were released by the US Mint on April 27, 2004. Bullion Eagles were available for most of the year.

Issue Price

Showing only their third increase since their debut, the US Mint raised the price of the Proof Silver Eagles to $27.95 per coin. Bullion Eagles were still 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

Bullion and Proof Silver Eagles were struck at the US Mint’s facility in West Point. Bullion Eagles contained no mintmark while the proof versions had the appropriate ‘W’ mintmark.

Designer & Sculptor

"Walking Liberty" is featured on the obverse (heads side) of the Silver Eagle and was designed by Adolph A. Weinman for the half dollar coin which appeared from 1916-1947. John Mercanti designed the heraldic eagle which is found on the reverse (tails side).

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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