2011 American Eagle Silver Bullion Coin
The 2011 American Eagle Silver Bullion Coin continues a series of bullion pieces from the US Mint that first appeared in 1986 and has been produced annually ever since.
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| Mintage: TBD Sold Out: TBD Authorizing Coin Law U.S. Mint Online Site |
Authorized as part of the Liberty Coin Act (Public Law 99-61), each coin is required to be struck from one troy ounce of .999 fine silver to a diameter of 40.60 mm and a weight of 31.1 grams. Produced as legal tender with a face value of $1, the coins are all backed by the United States Government who guarantees their weight and purity making them ideal investment devices.
Adolph A. Weinman’s 1916 "Walking Liberty" half dollar design has been used on the obverse of the coin since their introduction. The design is considered by many to be one of the most beautiful ever produced by the US Mint.
Historic Mintage on Silver Eagles
The chart below shows the mintage of the Bullion Silver Eagles since their introduction in 1986:
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1986 – 5,096,000 1987 – 9,420,000 1988 – 5,869,000 1989 – 6,166,000 1990 – 7,247,000 1991 – 6,952,000 1992 – 5,544,000 1993 – 5,890,000 1994 – 5,540,500 |
1995 – 4,590,000 1996 – 3,466,000 1997 – 3,636,000 1998 – 4,320,000 1999 – 9,008,500 2000 – 9,133,000 2001 – 8,827,500 2002 – 10,475,500 2003 – 9,153,500 |
2004 – 9,617,000 2005 – 8,405,000 2006 – 10,021,000 2007 – 9,887,000 2008 – 19,583,500 2009 – 28,766,500 2010 – tbd
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2009 saw intense interest for the Silver Bullion Eagles. So much so, in fact, that the Mint was forced to cancel the proof and uncirculated versions of the coins that it normally strikes for collectors.
Issue Information
The US Mint does not sell its bullion products directly to the public. Instead, a network of authorized purchasers obtains the coins in bulk from the Mint, then resells them for a small premium above the spot price of the silver contained within them.
Release Date
Silver Bullion Eagles are typically issued beginning early in the year.
Issue Price
Price on the Eagle Bullion Coins is dictated by the current spot price of the silver contained within them.
U.S. Mint Production Facility
Although no "W" mintmark is present on the bullion coins, each was struck at the US Mint’s facility in West Point.
Designer & Sculptor
The obverse (heads side) of the Silver Eagle is based on Adolph A. Weinman’s 1916 "Walking Liberty" half dollar design, considered by many to be one of the most beautiful designs ever struck on a coin from the US Mint.
The reverse (tails side) shows a heraldic Eagle and was designed by John Mercanti.
Coin Specifications
| Face Value: | $1 |
| Finish: | Bullion |
| Composition: | 99.93% Ag, 00.07% Cu |
| Standard Weight: | 31.103 g |
| Standard Diameter: | 40.60 mm |
| Edge: | Reeded |