The American Silver Eagle coin started to show signs of life in the late 1990s and that began with the increase in demand that 1997 saw compared to the year before. The silver coins for sale in the series rebounded from a record low to jump nearly 700,000 coins in total for 1997. Right now, 1997 1 oz American Silver Eagle Coins are available to purchase online from JM Bullion with PCGS certification.
Coin Highlights:
- Arrives inside of a protective plastic slab courtesy of the PCGS!
- 12th issue of the 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.
- On the obverse side is Walking Liberty.
- The reverse has the heraldic eagle of the United States.
Each 1997 1 oz American Silver Eagle Coin in this listing is available to you in near-perfect condition. The PCGS issues a Mint State 69 certification to coins that exhibit full, original mint luster with a maximum of two minor detracting flaws. Those flaws are limited to minuscule contact marks or hairlines and must occur outside the primary focal areas of the coin.
The final mintage total for 1997 American Silver Eagles was 4,295,004 coins. This stands as the third-lowest mintage figure in the series behind the 1996 coin and the 1994 issue. Though it was the third-lowest mintage, the 1997 Silver Eagles marked the first increase in demand in a four-year run of growth that would culminate in 2000 when demand was nearly double.
On the obverse of 1997 1 oz American Silver Eagle is the depiction of Liberty created by Adolph A. Weinman. This design was created in 1916 and appeared on the half-dollar coin until 1947. This image captures Liberty in left-profile relief with the American flag on her shoulders.
The reverse of 1997 Silver Eagles includes the heraldic eagle of the United States. Modernized in 1986 by John Mercanti, the image includes the American bald eagle and the US national shield. The eagle clutches the arrows of war in one talon and the olive branch of peace in the other.
Throughout 1997, the average price of silver was $4.91 per ounce. This marked the first drop in the average price in three years, falling from the $5.20 range it had held over the past three years. Silver had surged above $6.00 per ounce during the year, before settling lower.
If you have any questions, please feel free to contact JM Bullion. You can reach us on the phone at 800-276-6508, chat with us live online, or email us directly.