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American Silver Eagles from collectors and independent dealers: bullion, proof, burnished and graded coins, singles, tubes and boxes. Each contains one troy ounce of .999 silver, so compare the price per ounce across sellers and make an offer where it’s accepted.
Ending soonest in silver
The American Silver Eagle has been the US government one-ounce bullion coin since 1986, one troy ounce of .999 silver. Universally recognised, which makes it the easiest silver to sell on.
Generic rounds and bars carry the tightest premiums because there is no sovereign mint or collector demand priced in. They are the efficient way to accumulate ounces.
Government-minted coins cost more per ounce but are recognised on sight, which makes them far simpler to sell on than a private-mint piece a buyer has to research.
Minting costs are near-fixed per piece, so the smaller the item the more you pay per ounce. Fractional pieces carry the widest premium of all.
Every American Silver Eagle contains one troy ounce of .999 fine silver whatever the year, finish or grade. The melt value is identical across formats; the premium is what changes.
| Denomination | Pure silver | Melt value at $57.82/oz |
|---|---|---|
| 1 oz bullion Silver Eagle | 1 oz | $57.82 |
| 1 oz proof Silver Eagle | 1 oz | $57.82 |
| 1 oz burnished (W) Silver Eagle | 1 oz | $57.82 |
| Roll or tube of 20 | 20 oz | $1,156.40 |
| Monster box of 500 | 500 oz | $28,910.00 |
The same one-ounce coin trades at very different prices depending on its finish, its year and whether it has been graded. These are the distinctions buyers search for.
The American Silver Eagle is the official silver bullion coin of the United States, struck by the US Mint since 1986 under the Liberty Coin Act. Each coin contains one troy ounce of .999 fine silver and carries a $1 face value it never trades at. The obverse is Adolph Weinman’s Walking Liberty from the 1916 half dollar. In mid-2021 the Mint replaced the heraldic eagle reverse with a landing eagle by Emily Damstra and added a security notch to the edge, which is why coins are described as Type 1 or Type 2.
Bullion Eagles are sold through dealers with no mint mark and no packaging beyond tubes and boxes; they are what most listings on this page are. Proof Eagles are struck on polished dies with mirror fields and come in a Mint box with a certificate. Burnished, or uncirculated, Eagles are matte-finish collector strikes with a W mint mark from West Point. Reverse proofs and enhanced finishes appear in special sets. All contain the same ounce of silver; the finish sets the premium.
Eagles carry the highest premium of any one-ounce sovereign silver coin because they are the most recognized, the most liquid and eligible for precious-metals IRAs. That recognition is worth paying for if you expect to sell to a dealer or another collector quickly, and worth skipping if you simply want the most silver per dollar, where generic rounds and junk silver win. Sellers here set their own premium, so the same year and grade can differ by several dollars between listings.
A raw Eagle and an MS69 sell close together; an MS70 sells for a large premium because it is a perfect coin and the population is limited. First Strike, Early Releases and similar labels only mean the coin was submitted within the first month of issue and add a little on top. Before buying, check the year and finish in the title against the photographs, look for milk spots on older bullion strikes, and on graded coins confirm the certification number on the grading service’s website.
Pricing, payment, shipping and disputes
Each piece holds 1 troy ounces of pure silver (31.1 g). At the live spot price shown on this page that is about $57.82 of metal; anything a listing asks above that is the seller's premium.
Exactly one troy ounce of .999 fine silver, in every year and finish since 1986. The coin weighs 31.1 grams and is 40.6 mm across. The melt value shown on this page is the live silver spot price times one ounce.
Type 1 coins, 1986 to mid-2021, have the heraldic eagle and shield reverse. Type 2 coins, mid-2021 onward, have a landing eagle with an oak branch and a reeded-edge security notch. 2021 exists in both types and is collected as a transition year.
MS69 coins are priced close to raw coins, so the slab mostly buys peace of mind. MS70 coins carry a real premium that has held for popular years, but it is a collector premium, not a silver premium. Buy graded coins because you want the grade, not as a cheaper way to hold silver.
Usually. A sealed tube of 20 lets a seller price per coin a little tighter than singles, and a monster box of 500 tighter still. Compare the price per ounce on the listing rather than the total.
Sellers set their own prices. Many price directly off the live silver spot price with a fixed premium or discount, so their listings move with the market; others set a flat price. The live spot price used across the site is shown at the top of this page.
The premium covers minting, distribution and the seller's margin, so it widens as the piece gets smaller: bars and generic rounds sit tightest, sovereign coins cost more, and fractional pieces carry the most per ounce. Compare the same item across sellers before buying.
Yes, on any listing where the seller has enabled offers. Send your offer from the listing page and the seller can accept, decline or counter. Some sellers also run auctions, where you bid instead.
How to buy and what moves the price
Dealer buybacks, pawn shops, coin shops, eBay and a peer-to-peer marketplace, compared with dated quotes and a worked example selling $500 face of junk silver and 20 Silver Eagles.
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