American Silver Eagle Collection

The Complete Guide to the ASE

2022 · SILVER EAGLE · UNITED STATES MINT

Introduced by the United States Mint in 1986 under the Liberty Coin Act, the American Silver Eagle is the official sovereign silver bullion coin of the United States. Each coin is struck containing exactly one troy ounce (31.103 grams) of 99.9% pure silver and carries a legal tender face value of one US dollar, fully backed by the United States government for its weight, content, and purity.

The coin’s design features Adolph A. Weinman’s iconic “Walking Liberty” on the obverse, originally created for the 1916 circulating half dollar—making it widely recognized as one of the most visually striking pieces of modern government-issued bullion.


1oz Silver Bullion

The standard bullion variant of the American Silver Eagle is manufactured specifically to meet global investment demand and is produced in massive quantities dictated entirely by market conditions. Struck across three branch minting facilities, West Point, San Francisco, and Philadelphia, the regular bullion issue features a standard uncirculated finish and intentionally bears no mint mark on the reverse.

The front of the American Silver Eagle features Adolph A. Weinman’s iconic “Walking Liberty” design alongside the coin’s year of issue. While this beautifully detailed face remained virtually untouched for decades, it contains a major transition point that year-set collectors watch out for:

1986 to Mid-2021 (The Classic Front): For the first 35 years of the series, the area directly beneath the motto “In God We Trust” is completely blank.

Mid-2021 to Present (The Refined Front): Starting with the mid-2021 “Type 2” release, the U.S. Mint updated the face using the artist’s original 1916 master moulds. This update permanently added Weinman’s traditional “AW” artist monogram (the tiny overlapping letters) right under the word “Trust,” while also updating the font style of the date to its historic 1916 look.

1986

5,393,005 Mintage

1987

11,442,335 Mintage

1988

5,004,646 Mintage

1989

5,203,327 Mintage

1990

5,840,110 Mintage

1991

7,191,066 Mintage

1992

5,540,068 Mintage

1993

6,763,762 Mintage

1994

4,227,319 Mintage

1995

4,672,051 Mintage

1996

3,603,386 Mintage

1997

4,295,004 Mintage

1998

4,847,549 Mintage

1999

7,408,640 Mintage

2000

9,239,132 Mintage

2001

9,001,711 Mintage

2002

10,539,026 Mintage

2003

8,495,008 Mintage

2004

8,882,754 Mintage

2005

8,891,025 Mintage

2006

10,676,522 Mintage

2007

9,028,036 Mintage

2008

20,583,000 Mintage

2009

30,459,000 Mintage

2010

34,764,500 Mintage

2011

40,020,000 Mintage

2012

33,742,500 Mintage

2013

42,675,000 Mintage

2014

44,006,000 Mintage

2015

47,000,000 Mintage

2016

37,701,500 Mintage

2017

18,065,500 Mintage

2018

15,700,000 Mintage

2019

14,863,000 Mintage

2020

30,089,500 Mintage

2021

5,393,005 Mintage

2022

16,000,000 Mintage

2023

24,750,000 Mintage

2024

24,862,000 Mintage

2025

11,568,000 Mintage

2026

Unknown Mintage


1oz Silver Bullion Reverse

1986 to Mid-2021 (Type 1 – Heraldic Eagle): Features John Mercanti’s formal eagle design holding a shield, a ribbon in its beak, and 13 stars overhead.

Mid-2021 to Present (Type 2 – Landing Eagle): Features Emily Damstra’s realistic, dynamic design of an eagle preparing to land while clutching an oak branch.

1986 – 2021

Reverse

2021 – Present

Reverse


1oz Silver Proof

While standard bullion issues are struck in massive quantities for precious metal content, the American Silver Eagle Proof Series is minted as a specialised collector’s edition. First appearing at the series’ launch in 1986, proof coins are produced in strictly limited annual quantities.

Rather than entering general circulation or bulk commodity stockpiles, each proof coin is individually struck multiple times on specially polished planchets. This meticulous process creates a distinct, high-contrast finish featuring frosted raised details against a mirrored background.

Because the front (obverse) of a Proof Silver Eagle is visually identical to a standard bullion coin, collectors rely on the reverse (tails) side to identify a proof coin. Unlike bullion issues, which intentionally omit any indication of where they were struck, Proof Silver Eagles prominently display a physical mint mark.

Over the history of the series, standard proof production has moved across three main United States Mint facilities:

  • West Point Mint (‘W’ Mint Mark): Has served as the main production home for standard Proof Silver Eagles from 2001 to the present day.
  • San Francisco Mint (‘S’ Mint Mark): Produced the inaugural proof issues from 1986 through 1992. The “S” mark sits on the reverse side of the coin.
  • Philadelphia Mint (‘P’ Mint Mark): Struck the primary proof coins from 1993 through 2000.

The Type 1 to Type 2 Reverse Overhaul (2021)
In mid-2021, the U.S. Mint retired the original reverse design for the first time in the program’s 35-year history, creating a historic “crossover” year:

  • The Mercanti Reverse (Type 1): Found on all coins from 1986 through the first half of 2021. It features the formal, static Heraldic Eagle behind a Union shield, clutching an olive branch and arrows.
  • The Damstra Reverse (Type 2): Introduced in July 2021 and used today. Designed by Emily Damstra, this dynamic, lifelike design depicts a bald eagle preparing to land while carrying an oak branch.

1986

1,446,778 Mintage

1987

904,732 Mintage

1988

557,370 Mintage

1989

617,694 Mintage

1990

695,510 Mintage

1991

511,924 Mintage

1992

498,543 Mintage

1993

405,913 Mintage

1994

372,168 Mintage

1995

407,822 Mintage

1995-W

30,125 Mintage

1996

500,000 Mintage

1997

440,315 Mintage

1998

450,728 Mintage

1999

549,330 Mintage

2000

600,743 Mintage

2001

746,398 Mintage

2002

647,342 Mintage

2003

747,831 Mintage

2004

801,602 Mintage

2005

816,663 Mintage

2006

1,092,477 Mintage

2006-P

Reverse Proof

248,875 Mintage

2007

821,759 Mintage

2008

700,979 Mintage

2010

849,861 Mintage

2011

947,355 Mintage

2011-P

Reverse Proof

99,882 Mintage

2012

877,731 Mintage

2012-S

S Proof

281,792 Mintage

2012-S

Reverse Proof

224,935 Mintage

2013

934,818 Mintage

2013-W

Reverse Proof

235,689 Mintage

2014

944,757 Mintage

2015

707,518 Mintage

2016

521,432 Mintage

2017-W

440,596 Mintage

2017-S

123,799 Mintage

2018-W

430,053 Mintage

2018-S

197,005 Mintage

2019-W

375,180 Mintage

2019-S

200,696 Mintage

2019-W

Enhanced Rev Proof

99,675 Mintage

2019-S

Enhanced Rev Proof

29,909 Mintage

2020-W

357,111 Mintage

2020-S

191,271 Mintage

2020-W

V75 Privy

74,742 Mintage

2021

416,044 Mintage

2021

Reverse Proof

124,916 Mintage

2021-W

434,488 Mintage

2021-S

225,661 Mintage

2021-S

Reverse Proof

124,916 Mintage

2022-W

663,834 Mintage

2022-S

316,698 Mintage

2023-W

560,462 Mintage

2023-S

241,301 Mintage

2024-W

381,214 Mintage

2024-S

213,066 Mintage

2025-W

330,981 Mintage

2025-S

131,744 Mintage

2025-W

Army Privy

99,964 Mintage

2025-S

Navy Privy

99,894 Mintage

2025-P

Marine Corps Privy

96,986 Mintage

2026-W

Dual Date

Unknown Mintage

2026-P

Congratulations Set

60,000 Limit


1oz Silver Special Editions

2024 Star Privy: Features a 5-pointed star on the obverse. Developed through a collaboration with Nice Gang, creators of the mobile game Eighth Era, the initial 50,000 coins were distributed to Nice Gang to support their games promotion. Limited to 500,000.

2025 Eagle Privy: Featuring a tiny soaring eagle silhouette stamped on the obverse. Limited to 500,000.

2024-P

Star Privy

500,000 Mintage

2025-P

Eagle Privy

500,000 Mintage