The year 1988 saw the beginning of decreased numbers for Silver Eagle mintage and sales, with mintage at 5,004,646 for uncirculated Silver Eagles. This year was one of the bottom five in terms of mintage numbers for the Silver Eagle series. The spot price of silver started a small decline in this period, at $6.53 per ounce in 1988, from which it would continue a gradual fall until its low at $3.95 in 1992. The initial novelty of a US bullion silver coin had waned with hobbyists, who had likely moved on to fresher territory.
The "Black Monday" Wall Street stock market crash of October 19th, 1987, turned out to have a quick recovery time. Since the market stabilized, the initial run to silver investment waned, and bullion Silver Eagles began to show a long period of stability which would continue more or less until the end of the century.
However, this also became a smart time to invest in bullion Silver Eagles. For long-term speculators, silver bullion in the late-1980s / early 1990s was a bargain compared to the meteoric rise that silver value would enjoy in the late-2000s. While perfect MS70 graded specimens are still difficult to come by, they're not impossible to find.
Shipping & Returns Policy
General Terms:
All users of this site agree that access to and use of this site are subject to the following terms and conditions and other applicable law. If you do not agree to these terms and conditions, please do not use this site. We strive to ship all package within 7 business days of full payment of order (except in the case of a preorder), however, due to the inherent nature of unique collectible products, at times this might not be possible. Because of the nature of the Internet, online ordering your purchase from CoinsTV acknowledges that you have read and agree to these terms and conditions.
CoinsTV Return Merchandise Authorization (RMA) Policy
- All order changes or cancellations must be reported prior to shipping and by phone on 1-833-482-6467. Returns must include a Return Merchandise Authorization (RMA) Number. The RMA number can be obtained from our Customer Service department at 1-833-482-6467. All calls requesting RMA should be in the time designed for them (10:00 AM to 6:00 PM Monday through Friday EST, excluding the national and religious holidays).
- Collectible coin and packaging items may be returned for a replacement or a complete refund with 30 days of receipt of the order. Bullion items are final sale items and are not returnable.
- All returned orders may be subject to quality, authenticity and originality tests by CoinsTV testing facility or by a third party authorized by CoinsTV. Upon the explained test(s) results, nondefective items may be subject to a 20% restocking fee.
- CoinsTV reserves the right to refuse any request or actual return, exchange or refund if it does not meet our stated terms.
For our full Shipping and Returns policy, please visit the Shipping Policy in our footer.