2013 American Silver Eagles

American Silver Eagles, click to enlarge

American Silver Eagles, click to enlarge

The 2013 American Silver Eagles mark the twenty-eight year of the Silver Eagle program from the United States Mint. These coins are among the most popular of all coins issued in the world with millions of them sold annually.

Each Silver Eagle is struck from one ounce of 99.9% pure silver to a diameter of 1.598 inches. The coins typically appear in three different qualities each year including bullion, proof and uncirculated.

The bullion coins are struck for investors. In order to keep the cost of the bullion Silver Eagles as close to market value as possible, the US Mint uses a network of authorized purchasers. These purchasers resell the coins to the public for a small premium above the current spot price of the silver they contain. Conversely, individuals looking to sell Silver Eagles should expect to receive slightly less than the current market value of the silver in the strikes.

"American Eagle Silver Bullion Coins are affordable investments, beautiful collectibles, thoughtful gifts and memorable incentives or rewards," describes the US Mint on the product description page. "Above all, as legal tender, they're the only silver bullion coins whose weight and purity are guaranteed by the United States Government.  They're also the only silver coins allowed in an IRA. "

The proof and uncirculated Silver Eagles are issued by the US Mint for numismatic purposes. As such, they are initially sold directly to the public and typically carry a much larger premium over and above any melt value associated with them.

Congress authorized the Silver Eagles with the passage of Public Law 99-61. When initially authorized, the US Mint was required to strike the coins to meet public demand. After intense demand resulted in drastic consequences in 2009 (the US Mint was forced to cancel Proof Silver Eagle production to divert all available blank planchets towards bullion production), the law was altered to give the Secretary of Treasury the discretion to also produce numismatic Eagles as needed.

Silver Eagle Design

Adolph A. Weinman's "Walking Liberty" design graces the obverse of each American Silver Eagle coin as it has done since their debut in 1986. The design is considered by many as one of the most beautiful ever struck on an American coin and first appeared on the 1916-1947 half dollar. Obverse inscriptions include "LIBERTY," "IN GOD WE TRUST" and the date.

A heraldic eagle with shield design is shown on the reverse of each Silver Eagle. The design is by US Mint Chief Engraver John Mercanti and includes the inscriptions of "E PLURIBUS UNUM," "UNITED STATES OF AMERICA," "1 DOLLAR" and "1 OZ FINE SILVER."

American Silver Eagle Specifications

Mintmark: W for Uncirculated and Proof, None for bullion
Composition: 99.93% silver, remaining copper
Weight: 31.101 grams or 1.000 ounces
Diameter: 40.6 mm or 1.598 inches
Date of Issue: 2013
Mintages: Based on Demand
Obverse Designer/Sculptor: Adolph A. Weinman
Reverse Designer/Sculptor: John Mercanti

Silver Eagle Resources