The increase in demand for the Silver American Eagle in 1993 was short-lived. After jumping to 6.7 million coins in 1993, the 1994 release of the coins a drop of more than 2.5 million coins in its final mintage figure. At the same time demand for Silver Eagles was dropping, the price of silver was rising. Today, 1994 1 oz Silver American Eagle Coins are available to you at Silver.com with a PCGS certification.
Coin Highlights:
- Available to ship to you inside of protective plastic slabs courtesy of the PCGS!
- Ninth year of issue for the 1 oz Silver American Eagle coin!
- Availability of certified coins is limited!
- Consists of One Troy ounce of .999 fine silver.
- The face value of $1 (USD) is fully backed by the US government.
- Graded Mint State 69 by the Professional Coin Grading Service.
- Walking Liberty features on the obverse of the coin.
- The heraldic eagle of the United States is depicted on the reverse of the coin.
The 1994-1998 stretch of Silver American Eagles was historically low for the program. You’ll not only find the lowest mintage figure during this period, but you’ll find all five of the lowest recorded mintage figures during this stretch. The 1994 Silver American Eagle had a mintage of just 4,227,319 coins, which is the second-lowest mintage in program history.
All of these 1994 1 oz Silver American Eagle Coins are Mint State 69 specimens. The coins have full, original mint luster and a maximum of two minor detracting flaws. Those flaws are limited in nature to minuscule contact marks or hairlines and limited in scope to the areas outside of the primary focal points of the coin.
While the Silver American Eagle was sinking in demand in 1994, the price of silver was on the rise for a second straight year. The average price of silver for the year jumped nearly $1 to settle at $5.28 per ounce, this after trading as low as $4.78 at one point late in the year. The high for the year was $5.75 per ounce in March.
On the obverse side of 1994 Silver American Eagle coins is the design of Walking Liberty. Created in 1916 by Adolph A. Weinman, this image featured on the half-dollar coin from 1916 to 1947. The reverse face of 1994 1 oz Silver American Eagle coins features the heraldic eagle of the United States as modified in 1986 by John Mercanti.
Please don’t hesitate to contact Silver.com if you have questions about silver for sale. You can reach us at 888-989-7223, connect with us live online through our chat service, or simply send us an email.
