The United States of America is viewed around the globe as a superpower. The nation’s strength and wide-reaching power are embodied by the bald eagle. In 1792, the Founding Fathers selected the bald eagle as the nation’s official emblem because of its power, majesty, and longevity. These early leaders believed the characteristics of this creature were indicative of the spirit of the American people themselves, leading to its use in countless government logos and coinage series. Today, the 1 oz Silver American Eagle coin is the official silver bullion coin of the US.
The Silver American Eagle coin was authorized by the US Congress via the passage of the Liberty Coin Act in 1985. All of the silver used in the production of these coins was mined in the US, and Congress granted the program an extension in 2002 to keep the Silver American Eagle in production. In that extension, the Treasury Department was authorized to purchase silver on the open market when silver from the original source (the Defense National Stockpile) was exhausted.
Coin Highlights:
- Contains 1 oz of .999 pure silver.
- Minted by the United States Mint
- Carries a $1 face value backed by the US government.
- Ships in an NGC slab.
- Graded a near-perfect MS69 by the NGC.
On the obverse of the 1998 1 oz Silver American Eagle is Adolph A. Weinman’s Walking Liberty. In his image, originally used on the Walking Liberty Half Dollar between 1916 and 1947, Lady Liberty can be seen walking toward a rising sun. Above her head is the engraving “LIBERTY,” while the year of minting and the phrase “In God We Trust” are engraved below.
The reverse side of the coin features a design created by the US Mint’s chief engraver, John Mercanti. His image includes a bald eagle, with wings outstretched, set behind a heraldic shield. In one talon, the bird holds a group of arrows. In the other, it holds an olive branch of peace. Above its head are 13 stars representing the original American colonies. The image is surrounded by engravings of “United States of America,” the weight, metal content, and face value of the coin.
All Silver American Eagles are produced by the US Mint. As the federal government’s official mint, the entity is responsible for the production of circulation currency in the nation. Silver American Eagle coins are produced at three of the mint’s facilities: the Philadelphia Mint, San Francisco Mint, and West Point Mint. These 1998 1 oz Silver American Eagles are certified by the Numismatic Guaranty Corporation as MS69 grade. An MS69-grade coin has a sharp, attractive strike on its mint and face value marks.
All orders placed through Silver.com are packaged securely and shipped in discreet packaging that does not give away its valuable contents. If you come across any questions about our 1998 1 oz Silver American Eagles NGC MS69 before placing your order, please call Silver.com at 1-888-989-7223. We can also be reached through online chat and email.