An American Silver Eagle contains 0.9990 troy oz of pure silver, worth $53.99 at today's spot price.
The US Mint's silver bullion coin, issued since 1986, uses Adolph A. Weinman's Walking Liberty design. Each coin weighs one troy ounce and is 99.9% silver.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 25, 2:59 AM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1986–present |
|---|---|
| Face value | $1 |
| Composition | 99.9% silver |
| Gross weight | 31.103 g |
| Fineness | .999 (99.9%) |
| Pure metal | 0.9990 troy oz (31.072 g) |
| Diameter | 40.6 mm |
| Mint tube | 20 coins (1 oz) |
How the melt value is worked out
Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
31.103 g × .999 fine ÷ 31.1035 g per troy oz = 0.9990 troy oz
0.9990 troy oz × $54.05 spot = $53.99
How to identify it
- The obverse shows Walking Liberty. The reverse showed a heraldic eagle until mid-2021, when a new design of an eagle landing with an oak branch replaced it.
- Proof and burnished versions carry a W (West Point) or other mint mark; bullion coins usually have none.
- The US Mint gives the coin's weight as one troy ounce (31.103 g) of 99.9% silver, so it holds 0.999 troy oz of pure silver.
Melt value vs. collector value
Bullion coins usually sell for a premium over melt value. Proof, low-mintage and graded coins can be worth considerably more than their metal.
Related tools
Sources
- US Mint: American Eagle silver proof coins — checked 2026-10-22
- US Mint: 2024 American Eagle one-ounce silver proof coin — checked 2026-10-22