CoinValue

1986 American Silver Eagle

1986 | Philadelphia | Mintage: 5,393,005 | 99.9% Silver
$115 – $730 Key Date
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Obverse of American Silver Eagle showing Walking Liberty (Weinman design, updated 2021 by Emily Damstra)

Obverse

Reverse of American Silver Eagle

Reverse

The 1986 American Silver Eagle was minted at the Philadelphia Mint with a mintage of 5,393,005. Values range from $115 in lower grades to $730 in top condition. This is a key date, making it especially sought-after by collectors.

CoinValueDB Value Estimate

$1.20 – $1,000

Based on 3 recent sales

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $202 High: $1,000 Low: $1 3 sales 18 total data points

Recent eBay Sales

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Mint State (MS-60)$98
Choice Mint State (MS-63)$113
Near Gem (MS-64)$80
Gem Mint State (MS-65)$128
Superb Gem (MS-66)$81
Superb Gem+ (MS-67)$165

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

The American Silver Eagle program was introduced in 1986 as the official US silver bullion coin. The obverse features Adolph Weinman's Liberty design from Walking Liberty half dollars, while the reverse shows John Mercanti's heraldic eagle.

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 American Silver Eagle worth? +
A 1986 American Silver Eagle is worth between $115 and $730 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1986 American Silver Eagle coins were made? +
The Philadelphia Mint produced 5,393,005 1986 American Silver Eagle coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1986 American Silver Eagle a key date? +
Yes, the 1986 American Silver Eagle 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 American Silver Eagle worth? +
A standard 1986 American Silver Eagle in average condition typically sells for $40 to $60, depending on the current spot price of silver. Coins in perfect Mint State 70 condition carry higher premiums and often sell for several hundred dollars.
Is the 1986 American Silver Eagle considered rare? +
The 1986 American Silver Eagle is not rare in terms of total population, but it is a key date because it is the first coin in the series. With 5,393,005 minted, it is less common than many later issues, which helps maintain its status as a foundational piece for collectors.

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