The late 1990s saw a dramatic surge in demand for Silver American Eagle coins, both bullion and proof versions. After more than 10 years of production, the Silver American Eagle approached the 21st century riding a new high. A combination of slowing markets and fears of Y2K’s digital impact helped push demand. Right now, the 1998-P Proof Silver American Eagle is available for purchase on Silver.com.
- Exactly 450,000 Proof Silver Eagles minted in 1998!
- 13th annual Proof Silver American Eagle.
- Ships in a commemorative box and includes a Certificate of Authenticity.
- Consists of one troy ounce of .999 fine silver.
- Face value of $1 (USD) is fully backed by the US government.
- Includes a “P” mint mark from the Philadelphia Mint.
- Features Walking Liberty on the obverse.
- Heraldic eagle on the reverse.
Proof Silver American Eagles have been produced annually as the collector’s version of the nation’s official silver bullion coin. Proof coins from the US Mint have sharper edges and greater beauty in design than their bullion counterparts.
The total mintage of 450,000 1998-P Proof Silver American Eagle coins this year marked an upturn in production following a dip in 1997. In fact, as the world approached the 21st century, proof mintage for the Silver Eagle program would continue to rise in the coming years.
On the obverse of all Silver American Eagle coins you’ll find the image of Walking Liberty. Indicative of the nation’s drive to discover a brighter future, Walking Liberty was created by Adolph A. Weinman in 1916 for use on the nation’s half-dollar coin. It remained the face of the coin series until 1947.
The reverse features a modern take on the heraldic eagle. The official seal of the United States, the heraldic eagle has graced American currency since the first coins left the United States Mint facility in 1793. Former-Chief Engraver of the United States Mint, John Mercanti, created this updated version of the eagle, adding a triangle of 13 stars represeting the original colonies to the design.
If you have any questions about these Proof Silver American Eagles, please don’t hesitate to ask. You can reach our associates on the phone at 888-989-7223, connect with us online using our live web chat feature, or via our email address. If you are looking for similar products, check out our selection of Proof Silver Coins.