For the third consecutive year in 1991, the American Silver Eagle saw increased demand for the nation’s official silver bullion coin. The jump in demand from 1990 to 1991 was the greatest since the 1987 release of the coins and occurred at a time when silver prices had fallen, on average, for a third consecutive year as well. Right now, 1991 1 oz American Silver Eagle Coins are available to purchase online from JM Bullion in near-perfect condition.
- Arrives inside of a protective plastic slab from the PCGS!
- 6th release of American Silver Eagle coins!
- Limited availability of certified coins!
- Contains 1 Troy oz of .999 pure silver.
- Bears a face value of $1 (USD) backed by the federal government.
- Issued a Grade of Mint State 69 by the Professional Coin Grading Service.
- Walking Liberty depicted on the obverse.
- Heraldic eagle of the United States on the reverse.
Each 1991 1 oz American Silver Eagle listed here today comes with a near-perfect certification from the PCGS. Coins with a Mint State 69 grade exhibit full, original mint luster with no more than two minor detracting flaws present. These flaws are limited in nature to minuscule hairlines or contact marks, and limited in scope to the areas outside the primary focal points of the coin.
The 1991 American Silver Eagle had a mintage of 7,191,066 coins. This was the second-highest figure in the series up to this point behind the 11.44 million 1987 Silver Eagle coins sold. The jump from 1990 to 1991 of nearly 1.5 million coins represented the greatest jump in demand since the coins doubled in demand from 1986 to 1987. It would be another eight years until the Silver Eagles surpassed the 1991 mintage.
On the obverse of 1991 1 oz American Silver Eagle coins is Walking Liberty. This design was created by Adolph A. Weinman and uses Liberty’s figure as a symbol for the nation’s march toward a brighter future. She is depicted walking right to left across the coin’s surface toward the sun on the horizon.
The reverse of 1991 American Silver Eagles features the heraldic eagle of the United States. A design as old as the nation itself, the heraldic eagle on these coins was modernized by John Mercanti.
The 1991 release of American Silver Eagles came amid falling silver prices. On average, silver was just $4.05 throughout the year and hit a low of $3.61 before finishing the year slightly higher. This was the third year in a row that the average price of silver had dropped.
If you have any questions, please contact JM Bullion. Our customer service team is available to you at 800-276-6508, online through our live chat, and via our email address.