1986 Silver Eagle - Business Strike - Uncirculated

  • First Year of Issue

  • Just 5,393,005 struck

  • The largest Silver Dollar made by the US Mint

As the inaugural year of the series, the 1986 Silver Eagle remains hard to find and popular with collectors.  Our first year of issue Silver Eagle is in choice brilliant uncirculated condition and are hand selected for their eye appeal.


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  • Specifications
  • Product Details
  • Shipping & Return Policy
Specifications
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President Ronald Reagan signed the Liberty Coin Act into law on July 9th, 1985, launching the inaugural year of the US Silver Eagle. The act was created in the interests of reducing the federal deficit, which at the time was climbing to 40% of the GDP. The idea for selling bullion by striking coins was first brought up by Idaho Senator James A. McClure; previously, silver had been used in US coins for circulation, but never before simply to sell off silver bullion. Public demand for the coin was high enough that over five million specimens sold in the first two months of the series, and this doesn't count the proof sales. The coins sold at only a small premium over the spot price of silver at the time, which was $5.47 during the 1985 fiscal year. The coin's obverse design was the same as used for the Walking Liberty Half Dollar series, 1916-1947, designed by Adolph A. Weinman. This has proved to be one of the most widely admired US coin obverse designs, as the sharp relief detail and classical art-deco design bring out the natural beauty and dignity in the silver. The reverse is a heraldic eagle and shield design by John M. Mercanti. It is a design close to that of the Great Seal of the United States. As is typical with the first year of a series, perfect gem-quality MS70 grades of 1986 Silver Eagles in uncirculated condition are difficult to come by. Investors who were savvy enough to obtain these coins when they first came out have realized a healthy return on their purchase value. But as the saying goes, the best time to plant a tree was 30 years ago. The second best time is now!

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