1999 Silver Eagle - Business Strike - Uncirculated

  • Fourteenth Year of Issue

  • Just 7,408,640 struck

  • The largest Silver Dollar made by the US Mint

Who remembers Y2K?  Those of us who can recall the run on precious metals in 1999 - leading to a small spike in mintage.  However, 1999 is the year most affected by the faulty rinse process...leading many, many of these coins to lose their beautiful luster and collectors quality.  Our 1999 Silver Eagles are in choice brilliant uncirculated condition and are always hand selected for their eye appeal - and perfect for your collection!

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  • Specifications
  • Product Details
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Specifications
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In the last year of the 20th century, bullion Silver Eagles were struck and sold to numbers that had not been seen since 1987, the first full year of the Silver Eagle program. Even though silver prices stuck to an average of $5.21 per ounce, 7,408,640 total uncirculated Silver Eagles would trade hands by end of year. Precious metals in general did well that year. End of the century paranoia was mostly the culprit. "Y2K" was a widespread and popular delusion that the computers would somehow backlash against humanity, in karmic retribution for the technology Dot Com Bubble and the economic prosperity the world had enjoyed. Concerns ranged from mild worry about the safety of databases to full-blown panic that the world would literally end. The main reason that silver didn't see a bigger run is because gold and platinum were also selling in record numbers. Despite these higher mintage numbers, perfect specimens of MS70 bullion Silver Eagles are in extremely difficult to obtain today. Many of the bullion coins in 1999 found their way into the hands of amateur investors buying in a panic because they worried the ATMs and Internet would all quit working come January 1st, 2000. With improper storage and a poorly applied planchet rinse, most 1999 Silver Eagles are no longer in collectible condition, contributing to the low MS70 numbers.

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