INDEX
Photo: “1 dollar USA, Silver Eagle Bullion Coin 2019” by Windrain, CC BY-SA 4.0, via Wikimedia Commons, cropped and background removed
Melt value
$54
1 troy oz at $54.03 per oz silver spot
The American Silver Eagle 1 oz contains 1 troy ounce of fine silver. At $54.03 per ounce (spot as of October 27, 2026), its melt value is $54. The asking-price reference could not be loaded; no figure is shown rather than an old one.
Spot is as of the last site build; it refreshes when the page loads. See how these figures are made or the raw data (JSON).
Specifications
- Issuer
- United States Mint
- Legal tender in
- United States
- Face value
- 1 dollar (US)
- Fineness
- .999
- Fine silver content
- 1 troy oz
- Gross weight
- 31.103 g
- Diameter
- 40.6 mm
- First issued
- 1986
- Coindex id
ASEA
Weight, content and purity are set by US statute (31 U.S.C. § 5112). The reverse changed in mid-2021 from the heraldic eagle (Type 1) to a landing eagle (Type 2); bullion content did not change. Source: US Mint — American Eagle Silver Bullion Coins.
History
Congress created the United States Mint with the Coinage Act of April 2, 1792, establishing the nation's first national mint after the Constitution was ratified. It was placed in Philadelphia, then the capital, and its building there was the first federal building erected under the Constitution. David Rittenhouse was the first director.
An 1873 law made the Mint a bureau of the Treasury Department, and it still produces coins at Philadelphia, Denver, San Francisco and West Point and runs the Fort Knox bullion depository. A ban on private gold ownership dating from 1933 was lifted at the end of 1974. The American Gold Eagle was first struck on September 8, 1986, and the one-dollar American Silver Eagle on October 29, 1986. Platinum coins were authorized in 1997, and palladium American Eagles went on sale in 2017.
Further reading
- U.S. Mint: History of the U.S. Mintusmint.gov
- U.S. Mint: Historical timeline of the U.S. Mintusmint.gov
Compiled by Coindex from the sources above. It is not a statement by the mint.
Sources: specifications from the source cited above, spot from Coindex's precious-metals feed, and asking prices from r/Pmsforsale and r/CoinSales posts matched to this exact product. Coindex does not sell bullion and is not a dealer.