Description
One-ounce American Silver Eagles are official US Mint one-dollar coins. Since Silver Eagle coins were introduced in 1986, more than 165 million have been minted, making Silver Eagles the most successful U.S. Mint silver bullion coins ever. Each Silver Eagle coin contains one ounce .999 fine silver bullion and carries a symbolic $1 face value. The one-dollar face value makes Silver Eagles "silver dollars." In the coin industry, however, "silver dollars" refer to old silver dollars minted 1878-1904 and 1921-1935. Further, the Silver Eagles' one-dollar face value officially makes American Silver Eagles legal tender. Because the law that permits the U.S. Mint to turn out Silver Eagles classifies them "numismatic," the Mint is allowed to sell Silver Eagles at prices above the one-dollar face value.
