2012 American Eagle Silver Coin

American Eagle Silver Coin (Obverse) (US Mint image)

American Eagle Silver Coin (Obverse)

The 2012 American Eagle Silver Coins have a history dating back to 1986 when the United States Mint first struck Silver Eagles. The American Eagle Silver Coins are typically produced in three different finishes - bullion, proof and uncirculated - all from one ounce of .999 fine silver.

The American Eagle Silver Coins were originally authorized by Congress with the passage of the Liberty Coin Act of 1985 (Public Law 99-61). They appeared the following year alongside the American Eagle Gold Coins which also saw their inaugural releases in 1986.

Shown on the obverse of each Silver Eagle is a design considered to be one of the most beautiful ever struck on an American coin. It is Adolph A. Weinman's "Walking Liberty" design first seen on the 1916-1947 half dollar coin issued by the United States Mint. Obverse inscriptions on the Silver Eagle include LIBERTY, IN GOD WE TRUST and the year of minting.

American Eagle Silver Coin (Reverse) (US Mint image)

American Eagle Silver Coin (Reverse)

The reverse of each strike contains a heraldic Eagle with shield. In the beak of the eagle is a scroll with the inscription of E PLURIBUS UNUM. Additional reverse inscriptions include UNITED STATES OF AMERICA, 1 OZ. FINE SILVER and ONE DOLLAR. Also, on the numismatic versions of the Eagle, the reverse carries a mintmark indicating which US Mint facility it was struck at.

American Eagle Silver Bullion Coins

The American Eagle Silver Bullion Coins are struck for investors as a means for them to add small amounts of silver to their portfolios. As the official bullion coins of the United States, each is guaranteed for content and purity by the US government.

Like other US Mint bullion products, Bullion Silver Eagles are initially sold through the Mint's network of authorized purchasers. These purchasers buy the coins in bulk from the Mint, then resell them for a small premium above the current spot price of the precious metal contained within them.

Literally millions of Bullion Silver Eagles are struck each year making them the most popular product of the United States Mint.

American Eagle Silver Proof Coins

When the American Eagle Program debuted in 1986, the US Mint (through the power granted the Secretary of the Treasury) also opted to strike Proof Silver Eagles alongside the Congressionally mandated Bullion Silver Eagles. These proof coins were (and are) struck for collectors and have an extremely loyal following.

In 2009, owing to intense demand for the Bullion Silver Eagles, the US Mint was forced to cancel the Proof Silver Eagle production. All available blank planchets were being diverted for the bullion coins. Proof Eagles made a return in 2010.

American Eagle Silver Uncirculated Coins

In 2006, the US Mint added a third Silver Eagle to its portfolio with the introduction of the American Eagle Silver Uncirculated Coin. Like the associated Proof Silver Eagle, this strike was intended for collectors unlike the related bullion coins.

Just like the Proof Silver Eagles, the Uncirculated Silver Eagles were cancelled in 2009 as the Mint diverted available supplies toward bullion coins production. That cancellation remained in effect through 2010 as well with the Uncirculated Silver Eagles not making a return until 2011.

Coin Specifications & Information

Mint Facility: West Point
Face Value: $1
Date: 2012
Condition: Bullion, Proof and Uncirculated
Composition: 99.9% silver
Standard Weight: 31.103 g
Standard Diameter: 40.60 mm
Thickness: 2.98 mm
Edge: Reeded
Authorizing Law: Public Law 99-61
Obverse Designer: Adolph A. Weinman
Reverse Engraver: John Mercanti

Product Availability

Release Date: April 12, 2012
Release Price: Based on the spot price of silver
Order Limits: based on authorized purchasers policy
Sales: See US Mint Sales Figures
Sold Out Date:  
Sold Within: Only by Itself
Mint Product Page
eBay American Silver Eagle Auctions



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