The three-year release period for American Silver Eagles covering 2003 to 2005 saw steady demand among those buying silver. Though the coins didn’t break any mintage figures, demand remained constant in the mid-8 million range in each of the years, growing by just 500,000 in total from 2003 to 2005. The 2004 1 oz American Silver Eagle Coin is currently available to you for purchase online from JM Bullion with a PCGS certification.
- Coins arrive inside of protective plastic slabs from the PCGS!
- 19th year of availability for the American Silver Eagle!
- Limited availability of certified coins!
- Contains 1 Troy oz of .999 pure silver.
- Issued a face value of $1 (USD) by the United States.
- Bears a Grade of Mint State 69 from the Professional Coin Grading Service.
- Walking Liberty on the obverse.
- Heraldic eagle of the United States on the reverse.
Once again, the American Silver Eagle had a mintage figure in the 8-million range during 2004. The growth in 2004 was a modest 387,000 coins, rising from 8,495,008 to 8,882,754. The Silver Eagles would show one more year of flat demand in 2005 before bursting out well above the 1987 record during the Great Recession that started in 2008.
The price of silver was, likewise, on the rise in 2004. The last four years had seen steady average silver prices across each year just below the $5 mark. However, the 2003 calendar year ended with silver surging to nearly $6 per ounce. In 2004, the average price of silver was $6.67 per ounce and briefly spiked above $8 per ounce on two separate occasions throughout the year.
On the obverse of all American Silver Eagle coins is the image of Walking Liberty. This iconic design was first created in 1916 by Adolph A. Weinman. It was one of two designs Weinman created that year as part of a US Mint artistic contest to generate new designs for circulating gold and silver coins. Walking Liberty is representative of the nation’s drive toward a brighter future and she is depicted walking toward the sun on the horizon. She wears the American flag over her shoulders with the oak and laurel branches in her left hand signifying American military and civic prowess.
The reverse of 2004 1 oz American Silver Eagles features the heraldic eagle of the United States. This design was first used on American coins in 1794 as designed by Robert Scot. This design was modified in 1986 by John Mercanti for the Silver Eagles. Mr. Scot and Mr. Mercanti share something in common across two centuries of American history. Scot was the 1st Chief Engraver of the United States Mint, while Mercanti was the 12th Chief Engraver from 2006 to 2010.
These 2004 1 oz American Silver Eagle Coins have Mint State 69 grades from the PCGS. Coins in this condition have full, original mint luster with two or fewer minor detracting flaws. These flaws are limited to minuscule contact marks or hairlines.
We encourage JM Bullion customers to call us with questions at 800-276-6508. You can also connect with us online through our live chat and email address features.