The 2011 American Silver Eagle Bullion marks the twenty-seventh year for the serieswhich was introduced in 1986 as a result of the Liberty Coin Act of 1985 (Public Law 99-61).
Each of these coins is struck from one ounce of .999 fine silver. The government of the United States guarantees the weight and content of each 2011 Silver Eagle, making them an official silver bullion coin of the United States of America and an ideal investment devices. That guarantee even allows them to be added to a person’s Individual Retirement Account (IRA).
2011 Silver Eagle Bullion Coin Information
The obverse of each 2011 Silver Eagle contains what is considered as one of the most beautiful designs ever to grace an American coin. It is Adolph A Weinman’s "Walking Liberty" that was first seen on the Walking Liberty Half Dollar that appeared from 1916-1947. Also shown are the inscriptions of LIBERTY, IN GOD WE TRUST and the year.
John Mercanti’s Heraldic Eagle with Shield is shown on the reverse of the coin along with the inscription of E PLURIBUS UNUM, UNITED STATES OF AMERICA, 1 OZ. FINE SILVER and ONE DOLLAR.
Demand for bullion Silver Eagles has typically been several million annually. However, that number spiked significantly in 2008 when the total number sold attained a new annual record. That record was then shattered by both 2009 and then 2010 as investors turned to the investment grade coins during uncertain economic conditions.
In fact, the US Mint struggled to keep up with the demand for the bullion Silver Eagles during those years, as it is required to do so by law. So many were ordered in 2009 that the Mint was forced to cancel production of the Uncirculated and Proof Silver Eagle that year, diverting all available planchets to bullion production instead. It marked the first time an annual version of the Proof Silver Eagle was not struck since the program debuted in 1986. The collector uncirculated coin was also canceled in 2010.
By 2011, the Mint had drastically improved its supply of blank planchets allowing the facility to once again strike both the proof and uncirculated Eagles despite record demand continuing for the bullion version of the coin.
Up-to-date sales information on the series can be found on the silver coins sales figures page. Melt values based on the current market for silver is also shown.
2011 Silver Eagle Coin Specifications
Face Value: | $1 |
Composition: | .999 fine silver |
Total Estimated Mintage: | tbd |
Diameter: | 40.6 mm |
Weight | 31.101 grams |
Edge: | Reeded |
Mintmark: | None |
Obverse Design: | Walking Liberty |
Obverse Designer: | Adolph A. Weinman |
Reverse Design: | Heraldic Eagle |
Reverse Designer: | John Mercanti |