2016 American Silver Eagle
The 2016 American Silver Eagle is a highly sought after coin among numismatists and collectors alike. It’s the official silver bullion coin of the United States and has been minted annually since 1986. This beautiful 1 troy ounce coin contains 99.9% pure silver, making it an attractive investment option as well as a collectible item.
I’m here to tell you all about this amazing coin and why it’s such an incredible piece of American history. This iconic silver dollar features a modified version of Adolph A. Weinman’s 1916 Walking Liberty design on its obverse side, symbolizing America’s freedom and strength. The reverse shows a Heraldic eagle with shield design by John Mercanti, which was first introduced in 1986 when the Silver Eagle was released for sale by the U.S. Mint for the first time ever.
This unique design combination makes the 2016 American Silver Eagle truly one-of-a-kind!
History Of The American Silver Eagle
The American Silver Eagle is one of the most sought-after coins in the world of coin collecting. It was first released in 1986 and has since sold more than 500 million coins, making it one of the most popular bullion products ever produced by the US Mint.
If you’re looking for a coin that will both hold its value and appreciate over time, the Silver Eagle can be an excellent choice. As a coin collector, you’ll love all the details that have gone into creating this beautiful silver coin. Each Silver Eagle is made from 99.9% pure silver and weighs 1 troy ounce (31.1 grams).
The obverse features a stunning depiction of Lady Liberty striding towards a new dawn, while on the reverse side an eagle is perched atop a shield with thirteen stars above its head—symbolic of America’s original thirteen colonies. The Silver Eagle also carries legal tender status, with each coin being worth $1 USD.
Although this doesn’t affect its collectibility or bullion value, it does make it easier to exchange your coins for goods and services. Whether you’re looking for something to add to your collection or just want to invest in some physical silver, the American Silver Eagle should certainly be considered as an option.
Design Features And Specifications
The American Silver Eagle is an iconic coin designed to honor our nation’s history and values. After taking a closer look at its history, it’s time to dive into the design features and specifications of this beautiful coin.
| Head Side | Tail Side | Weight |
|---|---|---|
| Liberty Walking | Heraldic Eagle | 31.103 g |
| Adolph A Weinman Design | John Mercanti Design | 1 Troy Oz (31.1035 g) of .999 fine silver |
| Lady Liberty with Flag draped over her shoulder | 13 stars representing the original colonies, eagle with shield and arrows in one talon and olive branch in the other talon | Diameter: 40.6 mm (1.598 inches) |
| 1986 Date of issue by US Mint & Engraver initials AW on bottom left side of skirt of Liberty | Edge Reeded (serrated) |
The obverse or heads side features the Adolph A Weinman design of Lady Liberty holding a flag draped over her shoulder with a sunburst behind her, along with the date of issue (1986). The 1986 date indicates that it was first issued by the United States Mint that year, as well as you can find his initials (AW) just below her skirt on the left side. The reverse or tail side contains an illustration created by John Mercanti featuring a heraldic eagle with thirteen stars representing the original colonies, an eagle shield and arrows in one talon while clutching an olive branch in the other. It is composed of 1 Troy ounce of .999 fine silver and measures 40.6 mm in diameter. Its edge is reeded (serrated).
The American Silver Eagle is truly a unique piece of art that has been crafted to honor our nation’s history while also displaying its values front and center on every coin produced since 1986. This makes it an ideal choice for serious coin collectors who wish to add something special to their collection that can be passed down from generation to generation for many years to come.
Minting And Release History
The American Silver Eagle is the official silver bullion coin of the United States, first released in 1986. It’s a popular choice for coin collectors around the world due to its iconic design and consistent quality. Since its introduction, the Silver Eagle has become one of the most widely collected coins on the market.
Minting and release history for the Silver Eagle is an interesting subject, as it has evolved over time to meet demand from collectors. As of 2021, the US Mint produces two versions: The Bullion Version and the Proof Version.
Both coins are struck from .999 fine silver and feature Adolph A Weinman’s iconic Walking Liberty design from 1916 on their obverse faces. However, while both coins may look similar, their minting process differs significantly.
Bullion coins are intended for investors looking to acquire silver at low premiums above spot price. They are produced on high-speed coining presses using dies that strike multiple images simultaneously in a single hit.
On the other hand, proof coins are made with greater care and attention to detail; they are created by hand-feeding individual blanks into presses fitted with special dies that strike multiple times to create a much higher level of detail and contrast between fields and devices than bullion coins can achieve. These special minting processes continue to make proof versions highly sought after among collectors today.
Collectibility And Investment Value
The American Silver Eagle is a popular coin among collectors and investors alike. As an iconic symbol of the United States, it’s no surprise that these coins hold both historical and numismatic value.
Take for example the 1986 American Silver Eagle. This coin has become a legend in coin collecting circles due to its impressive design, limited mintage, and low survival rate. It’s estimated that only about 500,000 coins were minted that year – making it one of the rarest Silver Eagles ever released.
With such a small number of coins available, this Silver Eagle has become highly sought-after by collectors and investors who recognize its true potential as an investment piece.
The American Silver Eagle is also popular with those looking to diversify their portfolios with physical assets like gold and silver. The fact that they can be easily purchased online or through local dealers makes them a great way to start investing in precious metals without having to worry about storage or security issues.
Furthermore, their relatively low cost makes them appealing to those just starting out in the world of investing. There’s no doubt that the American Silver Eagle will continue to be a valuable asset for years to come.
Buying And Storing The 2016 American Silver Eagle
The 2016 American Silver Eagle has long been a popular choice among investors and collectors alike. Its collectible status makes it a great asset for any portfolio, and its value only continues to grow over time. As such, the decision to buy this coin is an excellent choice for anyone looking to diversify their holdings.
The first step in buying a 2016 American Silver Eagle is to determine the right type of coin for your specific needs. Whether you are looking for a bullion coin or a certified uncirculated piece, there are plenty of options available. It’s important to consider the cost and availability of each variety before making a purchase. Additionally, it’s wise to research reputable dealers and compare prices across different vendors in order to get the best deal possible.
When it comes to storing your silver eagle coins, safety should be paramount. The coin should be kept in a secure safe or vault, away from potential thieves or damage by extreme weather conditions. Furthermore, the use of humidity control devices can help protect them from corrosion or other deterioration due to changes in temperature or moisture levels.
Taking these precautions will ensure that your coins remain in pristine condition for years to come.
Frequently Asked Questions
Is The 2016 American Silver Eagle Made Of Pure Silver?
The American Silver Eagle is a prized coin among collectors, and its value can be greatly affected by its purity.
The 2016 release of the Silver Eagle contains one troy ounce of pure .999 fine silver, making it an even more desirable choice for collectors who seek out the highest quality coins.
Its beautiful design and excellent condition make it a sought-after piece that will only increase in value over time.
Are There Any Special Markings On The 2016 American Silver Eagle?
Yes, there are special markings on the American Silver Eagle coins.
Each coin has a “W” mint mark indicating it was struck at the West Point Mint and the other side has a “P” or an “S” mint mark indicating which branch of the United States Mint struck it.
The reverse side also features a “V” for the designer’s initials and a date as well as 13 stars to represent the original colonies.
All of these special markings make collectible American Silver Eagles desirable among coin collectors.
What Is The Current Market Value Of The 2016 American Silver Eagle?
The current market value of the American Silver Eagle can depend on a variety of factors, such as rarity and condition.
Generally, these coins are worth anywhere from $20 to $50, but they can sometimes be worth much more if they are in exceptional condition or if they have an interesting story behind them.
It is important for collectors to do their research when it comes to determining the exact market value of any particular coin.
How Does The 2016 American Silver Eagle Compare To Other Silver Coins?
The American Silver Eagle is a highly sought-after coin amongst collectors, and for good reason. It’s one of the most widely collected coins due to its popularity and use in numismatic collections.
This is largely attributed to the coin’s silver content, which is higher than other silver coins typically available. It also has a beautiful design with its depiction of Lady Liberty walking confidently on the obverse side. Additionally, the American Silver Eagle has an iconic eagle design on the reverse side, making it a truly remarkable piece of art in addition to its precious metal value.
How Can I Tell If My 2016 American Silver Eagle Is Genuine?
Authenticating a silver eagle coin can be a tricky task, even for experienced collectors. When examining your coin, look for any signs of wear or damage that could indicate counterfeiting.
Additionally, the American Silver Eagle features a unique micro-engraving of the year of mintage along with an “In God We Trust” inscription on the edge of the coin. This makes it easy to identify genuine American Silver Eagles from fakes.
Finally, take your coin to a reputable dealer who specializes in coins like this to get an expert opinion on its authenticity.
Conclusion
The 2016 American Silver Eagle is one of the most sought after coins for collectors. It is a treasured piece of history that is worth every penny. Its purity and beauty make it a true work of art.
As an old adage says, ‘It’s not the value of the coin, but the value of what it represents.’
For anyone looking to add this magnificent coin to their collection, it’s important to remember that when buying any rare or valuable coin, authenticity should always be verified. With a little research and patience, you can confidently purchase your very own 2016 American Silver Eagle and enjoy its beauty for years to come.
