1996 Silver Eagle

1996 American Silver Eagle
The 1996 Silver Eagle saw the lowest bullion coin mintage for the series with only 3,603,386 coins. As a result, the bullion coin carries a premium, usually priced around $75. Following the low, bullion coin mintages steadily climbed for the next several years.
The 1996 Proof Silver Eagle had a higher mintage than previous years with an even 500,000. This amount represented the maximum authorized mintage for the coin set by the United States Mint. This marked the first sell out since the Mint began establishing a maximum mintage for the coins in 1990. The coins were initially offered to collectors for $23.00 each.
For certified coin collectors, the proof coin is attainable in perfect grades from both NGC and PCGS. The bullion version is difficult to locate in NGC MS 70 and does not exist in PCGS MS70.
The overall average price of silver during 1996, held steady at $5.20 per ounce.
1996 Silver Eagle Mintages
Bullion Mintage: 3,603,386
Proof Mintage: 500,000
1996 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
1996 Silver Eagles For Sale