Shopping Cart
Your shopping cart is empty!
Subscribe to Newsletter

USA First issue 1986 year AMERICAN SILVER EAGLE WALKING LIBERTY $1 Silver Coin 1 oz

$94.99 Old Price: $118.74

Product Code: US-S-EAG-86-01
Availability: Order now, we'll request for you
Name of series
All American Silver Eagles > CLICK TO VIEW THE SERIES
Metal Silver
Mintage 5,393,005
Fineness (% purity) 99.9%
Content (Troy OZ) 1
Denomination (USD) $1
Weight (g) 31.10
Size (mm) 40.60
Year of Issue 1986 (first issue)
Country USA
Quality Brilliant Uncirculated
Package Capsule and silver pouch
Certificate of Authenticity U.S. Mint does not provide
If Your order has had a customs charge applied in Your country we will refund You a VAT or TAX
Free Shipping Local & International
✔ 1st issue of the most famous silver coin of the world!
✔ 1986 is 1st issue of American Silver Eagle Walking Liberty coin
✔ Contains 1 oz of 99.9% fine Silver
✔ Eligible for Precious Metals IRAs
✔ Obverse: Adolph A. Weinman’s design showing Lady Liberty draped in an American Flag, walking gracefully as the sun rises over a ridge
✔ A heraldic eagle is shown below 13 small stars, representing the original colonies
✔ Sovereign coin backed by the U.S. government
✔ Comes in a capsule and silver pouch

This first year of issue Silver American Eagle makes a great addition to any Silver coin collection. Silver Eagles are treasured for their .999 fine Silver content, classic design and government guarantee

The American Silver Eagle is the official silver coin of the United States.
It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size, which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) and codified as 31 U.S.C. § 5112(e)-(h). Its content, weight, and purity are certified by the United States Mint. In addition to the bullion version, the United States Mint has produced a proof version and an uncirculated version for coin collectors. The Silver Eagle has been produced at three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint. The American Silver Eagle bullion coin may be used to fund Individual Retirement Account investments.
The Silver Eagle coins were sold out in the first week of July 2015. The Mint said its facility in West Point, New York, continued to produce coins and it resumed sales at the end of July 2015. This was the second time the mint's silver coins had sold out in the past nine months. The Mint ran out of 2014-dated American Eagles in November 2014. In 2013, the historic drop in silver increased demand for silver coins, forcing the mint to ration silver coin sales for 18 months.
The design on the coin's obverse was taken from the "Walking Liberty" design by Adolph A. Weinman, which originally had been used on the Walking Liberty Half Dollar coin of the United States from 1916 to 1947. As this iconic design had been a public favorite — and one of the most beloved designs of any United States coinage of modern times, silver or otherwise — it was revived for the Silver Eagle decades later. The obverse is inscribed with the year of minting or issuance, the word LIBERTY, and the phrase IN GOD WE TRUST.
The reverse was designed by John Mercanti and portrays a heraldic eagle behind a shield; the eagle grasps an olive branch in its right talon and arrows in its left talon, echoing the Great Seal of the United States; above the eagle are thirteen five-pointed stars representing the Thirteen Colonies. The reverse is inscribed with the phrases UNITED STATES OF AMERICA, 1 OZ. FINE SILVER~ONE DOLLAR, and E PLURIBUS UNUM (on the banner that the eagle holds in its beak), as well as the mintmark if applicable.
Legislative history
Background: Defense National Stockpile silver sales
The impetus of the American Silver Eagle bullion program ultimately comes from executive plans through the 1970s and early 1980s to sell off silver from the Defense National Stockpile. As the Wall Street Journal explained, "Several administrations had sought unsuccessfully to sell silver from the stockpile, arguing that domestic production of silver far exceeds strategic needs. But mining-state interests had opposed any sale, as had promilitary legislators who wanted assurances that the proceeds would be used to buy materials more urgently needed for the stockpile rather than merely to reduce the federal deficit." Throughout the period, such sell-offs that did occur, as well as announcements of planned sell-offs, caused immediate declines in the price of silver. The Wall Street Journal reported in September 1976, "When the US government makes noises about selling silver from the federal stockpile, futures traders start unloading futures contracts in speculation that such a sale would depress prices."
Despite congressional opposition to the sale of stockpiled silver through early June 1981, the House Armed Services Committee decided on June 10 to approve a Reagan administration request to sell government-owned silver beginning in fiscal year 1982 to help balance the federal budget. In July 1981, the House and Senate agreed to allow the sale of 75% of the stockpiled silver (105.1 million troy ounces) over a three-year period, and in September the price of silver fell 11% in response. Just before the first sale in October 1981, a group of politicians from Idaho—a major silver-producing state—attempted to block the auction, claiming that the sale could have a "disastrous effect" on the United States silver mining industry in general and several Idaho silver mining companies in particular. On December 3, 1981, Senator James A. McClure (R-Idaho) proposed an amendment (S.UP.AMDT.738) to the Department of Defense appropriation bill (H.R. 4995) to end the government's sale of silver "until the President, not later than July 1, 1982, redetermines that the silver authorized for disposal is excess to the requirements of the stockpile." The appropriations bill was signed into law (Public Law 97-114) with the amendment intact, effectively stopping the further sale of stockpiled silver.
Coin legislation
On May 27, 1982, Senator McClure introduced bill S. 2598, "A bill to provide for the disposal of silver from the National Defense Stockpile through the issuance of silver coins," to "redirect the sale of silver from our national defense stockpile in an effort to minimize its affect on the already depressed price of silver." An identical companion bill, H.R. 6649, was introduced on June 22 by Representative Larry E. Craig (R-Idaho) but both bills were referred to committees and never were enacted. The Wall Street Journal reported on June 30 that the price of silver "soared after Interior Secretary James Watt announced that sales of the government's silver stockpile will be indefinitely postponed" as the government's legally required study on potential methods of selling the silver had been delayed.
Minting history
The first American Silver Eagle coin was struck in San Francisco on October 29, 1986. Secretary of the Treasury James A. Baker III presided over the striking ceremony held at the San Francisco Assay Office. According to a Chicago Sun-Times article, as Baker "reached for the electronic button on press No. 105, he turned to the audience and said, 'I don't need a pick and shovel to start the San Francisco Silver Rush of 1986."

Your benefits:
• Extremely high international collectible demand
• Highly appreciated in an investing in collectible low mintage coins
• Present this beautiful coin to your loved one for any occasions or a great business gift

美国第一期1986年美国银鹰WALKING LIBERTY$1枚银牌硬币1盎司

Write a review

Your Name:

Your Review:
Rating: Bad            Good