1986 Silver Eagle

1986 American Silver Eagle
As the inaugural year of the series, the 1986 Silver Eagle remains popular with collectors. However, mintages were high enough to keep premiums at a minimum. Even though the bullion coin was only sold for the final two months of the year, more than five million coins were purchased. The Silver Eagle bullion mintage level would jump in the following year when the coins were available for the full twelve months.
The 1986 Proof Silver Eagle coin actually has the highest mintage for a proof coin of the series to date. There were a total of 1,446,778 produced. The US Mint originally offered the coins for sale at $21.00 each.
Certified coin collectors will have a difficult time locating this year in perfect PCGS MS70 grade, although a relatively high number of NGC coins have been graded as such. Coins graded Proof 70 are more readily acquired from both services.
The average price of silver during 1986 was $5.47 per ounce.
1986 Silver Eagle Mintages
Bullion Mintage: 5,393,005
Proof Mintage: 1,446,778
1986 Silver Eagle Specifications
Mint Mark: none (bullion), S (proof)
Designers: Adolph A. Weinman (obverse), John Mercanti (reverse)
Composition: 99.93% silver, 0.07% copper
Weight: 31.101 grams (1.000 ounces)
Diameter: 40.6 mm (1.598 inches)
Thickness: 2.98 mm (0.117 inches)
Edge: Reeded
1986 Silver Eagles For Sale