2020 marks the 35th release of the American Silver Eagle Coin, which has been released annually since its inception in 1986. The Silver Eagle is the most famous silver bullion coin in the world.Since its first release, the Silver Eagle's mintage numbers have fluctuated between 4 million and 47 million, with 1996 having the most limited mintage and 2015 having the highest mintage. You will see high premiums on the Silver Eagles from 1994 through 1998 due to their very limited mintages compared to today's standards. The 1986 version also has a high premium due to it being the first release. In recent years there has been an average of about 20 million eagles minted per year, which is comparable to the Silver Maple Leaf, which many people believe is a close second to the Silver Eagle when it comes to popularity. This includes Graded Silver Eagles, Silver Eagle Proofs, America the Beautiful coins, and last but not least is 90 percent junk silver.
Silver Eagles are minted using 1 troy ounce of 999 pure silver and the coins will be in Brilliant Uncirculated condition. The Silver Eagle only comes in a weight of 1 ounce, while its gold counterpart comes in 1 ounce, ½ ounce, ¼ ounce, and 1/10 oz weights. The US Mint acquires the silver blanks they use from the Sunshine Mint, a highly respected private mint located in Idaho.
Each blank is inspected by hand by a US Mint employee before use for the Silver Eagles and the mint also randomly selects blanks to be sent to their lab for tests to ensure the blanks are the correct size, weight, density, and purity. The count of 20 per tube is also verified before the box is sealed with the mint straps.The obverse of these silver coin features the iconic image of Lady Liberty in her flowing robes striding towards a sun that is breaching the mountainous horizon. She is holding an olive branch in her left hand and outstretching her right arm in front of her. She is also draped with an American flag that is blowing in the wind. The US motto that is minted on all US coins, "IN GOD WE TRUST" is minted to the right of her, with the word "LIBERTY" minted with spaced out letters along the top of the coin.
The coin's year of "2020" will be minted at the very bottom. The reverse of the American Silver Eagle features the iconic Heraldic Eagle design which is a bald eagle with a shield in front of it bearing stripes. The eagle holds a banner in its beak featuring the words "E PLURIBUS UNUM", and the eagle grasps a branch in one claw and arrows in the other. There are 13 stars above the eagle's head, and above that are the words "UNITED STATES OF AMERICA". Minted below the eagle are the words 1 OZ.The US Mint has discussed the idea of changing the design of both the Silver Eagle reverse and the Gold Eagles reverse multiple times in the past decade, with the most recent occurrence being in May of 2019. The US Mint has changed the design of the Platinum Eagles for the proof version, but have kept the bullion version's design the same since it started in 1997. The item "2020 United States Silver Eagle 1 oz Coin Lot of 5" is in sale since Monday, March 2, 2020.
This item is in the category "Coins & Paper Money\Bullion\Silver\Coins". The seller is "sdbullion" and is located in Ottawa Lake, Michigan. This item can be shipped to United States.