1994 Silver Eagle
1994 American Silver Eagle
The uptick in mintage in the prior year proved fleeting. The 1994 Silver Eagle experienced a mintage decline that brought the mintage to the second lowest of the series for a bullion coin. Just 4,227,319 coins were sold to bullion investors.
The mintage for the 1994 Proof Silver Eagle declined to only 372,168, which marked the lowest mintage of the entire series for a regular proof coin. These proof coins found with a cameo finish were produced at the Philadelphia Mint and sold to collectors for $23.00.
Both the bullion version of the coin and the proof coin carry premiums. The proof coin often priced above $200.
For certified coin collectors, this is another difficult year to find perfect specimens. Proof versoins can be found with some difficulty. Bullion versions can be found in NGC MS 70, but not PCGS MS70.
The overall average price of silver for 1994 was $5.28 per ounce.
1994 Silver Eagle Mintages
Bullion Mintage: 4,227,319
Proof Mintage: 372,168
1994 Silver Eagle Specifications
Mint Mark: none (bullion), P (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
1994 Silver Eagles For Sale
