The release of the American Silver Eagle in 1992 marked the start of a seven-year period in which demand for the coins would remain well below its initial levels in the 1980s and early 1990s. Mintage for the 1992 American Silver Eagle dropped significantly as demand for silver bullion cooled. Today, 1992 1 oz American Silver Eagle Coins are available to you online from JM Bullion with a PCGS certification.
- Available to you inside of protective plastic slabs courtesy of the PCGS!
- 7th issue of the American Silver Eagle!
- Limited availability of certified coins!
- Contains 1 Troy oz of .999 pure silver.
- The face value of $1 (USD) is fully backed by the US government.
- Graded Mint State 69 by the Professional Coin Grading Service.
- On the obverse is Walking Liberty.
- The reverse features the heraldic eagle of the United States.
American Silver Eagle coins had seen three years of growing demand from 1989 to 1991, with mintage figures rising from 5 million to 7.2 million during that period. The significant jump between 1990 and 1991 of nearly 1.4 million coins was undone by a drop of more than 1.5 million coins from 1991 to 1992.
All of these 1992 1 oz American Silver Eagle Coins earned Mint State 69 certifications from the PCGS. Coins in this condition are considered near-perfect, with full, original mint luster and a maximum of two minor detracting flaws. Examples of acceptable flaws at this grade level include only minuscule contact marks or hairlines.
On the obverse of 1992 American Silver Eagles is the image of Walking Liberty. First used on the half-dollar coin from 1916 to 1947, this design depicts Liberty walking toward the sun on the horizon with the American flag over her shoulders, and oak and laurel branches in her left hand signifying America’s civic and military success.
The reverse face of 1992 1 oz American Silver Eagle coins includes the heraldic eagle of the United States. The longest-running coin design of any kind in American history, the heraldic eagle was modernized for use on this coin in 1986 by John Mercanti. The image includes an American bald eagle with the national shield on its chest, arrows and an olive branch in its talons, and 13 stars above its head.
During 1992, demand for the Silver Eagle fell at a time when silver prices also continued to drop. For the fourth year in a row, the average price of silver had dropped, this time to $3.95. The lowest point in the year saw prices fall to $3.65 per ounce, while it alternatively hit a high of $4.33 per ounce.
Please feel free to reach out to JM Bullion with your questions. You can call us on the phone at 800-276-6508, chat with us live online, or email us directly.