CoinValue

1986-S American Silver Eagle Proof

1986 | San Francisco (Proof) | Mintage: Unknown | 99.9% Silver
$190 – $1,175 Key Date
Scan Yours — Free
Obverse of American Silver Eagle showing Walking Liberty (Weinman design, updated 2021 by Emily Damstra)

Obverse

Reverse of American Silver Eagle

Reverse

The 1986-S American Silver Eagle (Proof) was minted at the San Francisco Mint. Values range from $190 in lower grades to $1,175 in top condition. This is a key date, making it especially sought-after by collectors.

CoinValueDB Value Estimate

$1.20 – $1,175

Based on 2 recent sales

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $326 High: $1,175 Low: $1 2 sales 9 total data points

Recent eBay Sales

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Mint State (MS-60)$190
Choice Mint State (MS-63)$215
Gem Mint State (MS-65)$220
Superb Gem+ (MS-67)$415

About the American Silver Eagle

Congress authorized the American Silver Eagle series with the Liberty Coin Act of 1985. The United States Mint released the first bullion coin on November 24, 1986. The obverse design features Adolph A. Weinman’s classic Walking Liberty image from the 1916 half dollar. John Mercanti designed the heraldic eagle reverse used from 1986 through 2021. This design choice honors the nation's numismatic history while providing a recognizable symbol of American silver. The Mint introduced a new reverse design by Emily Damstra in mid-2021 to prevent counterfeiting. This design shows a landing eagle clutching an oak branch. The series remains in production today as the official silver bullion coin of the United States. Each coin contains one troy ounce of .999 fine silver and holds a face value of one dollar.

Coin Details

Designer
Adolph A. Weinman (obverse), John Mercanti (reverse)
Composition
99.9% Silver
Weight
31.1g (1 troy oz)
Diameter
40.6mm
Edge
reeded
Series
American Silver Eagle (1986-present)

Historical Notes

First year proof production by San Francisco Mint for the American Silver Eagle series.

Collecting American Silver Eagle Coins

Start your collection with common bullion dates from 2010 to 2015, which are inexpensive and easy to find in Brilliant Uncirculated condition. Focus on coins with clean surfaces, as Silver Eagles are prone to white spots known as milk spots and unsightly contact marks from mint bags. Always buy from reputable dealers to avoid high-quality Chinese counterfeits that often feature incorrect weight or magnetic properties. Use a digital scale to verify the weight is exactly 31.1 grams and check that the reeded edge is sharp rather than rounded.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1986-S American Silver Eagle (Proof) worth? +
A 1986-S American Silver Eagle (Proof) is worth between $190 and $1,175 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1986 American Silver Eagle coins were made? +
The San Francisco Mint produced Unknown 1986 American Silver Eagle coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1986-S American Silver Eagle (Proof) a key date? +
Yes, the 1986-S American Silver Eagle (Proof) is considered a key date in the American Silver Eagle series. Key dates are coins with low mintage, high collector demand, or both, making them among the most valuable in the series.
How much is a 1986-S Proof American Silver Eagle worth? +
A 1986-S Proof American Silver Eagle typically sells between $75 and $125 depending on its grade and the condition of the original government packaging. Coins graded PR70 by services like PCGS or NGC command higher prices than those in standard PR69 condition.
Is the 1986-S American Silver Eagle considered a key date? +
Yes, it is a key date because it is the first year of issue for the entire American Silver Eagle series. Collectors seek this specific coin to complete their sets as the starting point for the collection.

Related American Silver Eagle Coins

Have a bullion coin? Scan it now.

Get instant identification, condition grading, and market value.

Scan Now — It's Free