The Proof American Silver Eagle Coin has a captivating history shaped by varying demand over the years. When these coins were introduced in 1986, there was a surge of interest in private silver ownership, leading to strong sales. Since then, demand has been influenced by factors like stock market volatility, geopolitical uncertainties, and the overall demand for silver. Presently, you can find 1989-S 1 oz Proof American Silver Eagle Coins in perfect condition available online at BGASC.

Highlights:

• Comes with a PCGS plastic slab!
• 4th release of Proof Silver Eagles!
• Declared mintage of 617,694 coins!
• Contains 1 Troy oz of .999 pure silver.
• The face value of $1 (USD) is fully backed by the US government.
• Graded PR70 by the Professional Coin Grading Service.
• DCAM specimens.
• On the obverse is Walking Liberty.
• The reverse features the heraldic eagle.
• Bears an S mint mark from the San Francisco Mint.

All 1989-S 1 oz Proof American Silver Eagle Coins listed here have earned PR70 grades from the PCGS. Coins in this condition feature full, original mint luster and are free from detracting flaws. DCAM specimens are deep-cameo proofs with strong, frosted designs and deeply-mirrored, clear fields.

Obverse

The obverse of 1989-S Proof American Silver Eagles showcases a left-profile relief portrait of Lady Liberty draped in the American flag. Carrying branches of oak and laurel, Libertys figure is depicted walking toward the sun on the horizon.

Reverse

On the reverse side, 1989-S 1 oz Proof Silver Eagle Coins feature a depiction of the heraldic eagle. This design shows a bald eagle in front-facing relief with spread wings behind the US national shield. First designed in 1794 by Robert Scot, this seal was modernized for this coin release by John Mercanti.

History

The inaugural release of the Proof Silver Eagle in 1986 remains the highest-minted coin in the proof collections history, boasting a mintage of 1.446 million. The late 1980s saw a brief and significant decline in interest, but as 1989 transitioned into 1990, demand rebounded, showing year-over-year gains between 1988 and 1990.

Ordering

To purchase Silver Eagles, reach out to BGASC at 888-992-4272. You can also chat with us online or email us directly.