The number of investors looking to buy silver climbed steadily after 1996, with the mintage of Silver Eagles enjoying a modest gain in 1997. At the same time, the price of silver was showing signs of steady growth. Today, 1997 1 oz Silver American Eagle Coins are available to you online at Silver.com in near-perfect condition.
- Available to ship to you inside of protective plastic slabs courtesy of the PCGS!
- Twelfth 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.
- Obverse depicts Walking Liberty.
- Reverse includes the heraldic eagle of the United States.
Silver American Eagle mintage increased in 1997 for the first time in two years, though the jump to a total mintage of 4,295,004 was still historically low for the program. The 1997 Silver Eagle mintage tally remains the third-lowest in the program’s history. The three-lowest mintages all came during the 1995-1997 release period, with all coins issued between 1994 and 1998 representing the five-lowest mintages in program history.
All 1997 1 oz Silver American Eagle Coins in this product listing comes to you with a Mint State 69 certification. Coins in this condition are known as near-perfect coins. These specimens showcase full, original mint luster with a maximum of two minor detracting flaws. The flaws are limited in nature to minuscule contact marks or hairlines and limited in scope to the areas outside of the primary focal points.
The obverse of 1997 1 oz Silver Eagles features the Walking Liberty design created in 1916. Adolph A. Weinman developed this design for the US Mint as part of an art competition to find new designs for American circulation coins.
On the reverse of 1997 Silver American Eagle coins, you’ll find the heraldic eagle of the United States. This design was first used on American coins in 1794 as designed by the 1st Chief Engraver of the US Mint, Robert Scot. The 12th Chief Engraver of the United States Mint, John Mercanti, designed this version in 1986 when he was just a coin designer for the Philadelphia Mint.
The price of silver per ounce slipped in 1997, falling back on average to $4.91 per ounce. However, the year did see peak highs above $6 per ounce.
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