PCGS: The Standard for the Rare Coin Industry

1986 $1 Silver Eagle (Regular Strike)

Series: (None)

PCGS MS70

PCGS MS70

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PCGS MS70

PCGS MS70

PCGS MS69

PCGS MS69

PCGS #:
9801
Designer:
Adolph A. Weinman/John Mercanti
Edge:
Reeded
Diameter:
40.60 millimeters
Weight:
31.10 grams
Mintage:
5,393,005
Mint:
Philadelphia
Metal:
99.93% Silver, .007% Copper
Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 5,000,000 R-1.0 1 / 20 TIE N/A
60 or Better N/A 1 / 20 TIE N/A
65 or Better N/A 1 / 20 TIE N/A
Survival Estimate
All Grades 5,000,000
60 or Better N/A
65 or Better N/A
Numismatic Rarity
All Grades R-1.0
60 or Better
65 or Better
Relative Rarity By Type All Specs in this Type
All Grades 1 / 20 TIE
60 or Better 1 / 20 TIE
65 or Better 1 / 20 TIE
Relative Rarity By Series All Specs in this Series
All Grades N/A
60 or Better N/A
65 or Better N/A

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS70 PCGS grade
1 MS70 PCGS grade
1 MS70 PCGS grade
4 MS69 PCGS grade
4 MS69 PCGS grade
4 MS69 PCGS grade
4 MS69 PCGS grade
4 MS69 PCGS grade
4 MS69 PCGS grade
4 MS69 PCGS grade
#1 MS70 PCGS grade
#1 MS70 PCGS grade
#1 MS70 PCGS grade
#4 MS69 PCGS grade
#4 MS69 PCGS grade
#4 MS69 PCGS grade
#4 MS69 PCGS grade
#4 MS69 PCGS grade
#4 MS69 PCGS grade
#4 MS69 PCGS grade
Jaime Hernandez:
In the early 1980’s World Mints had been taking advantage of selling silver bullion related coins to meet public demand. However, the U.S. Mint did not have authorization by Congress to compete with other World Mints at the time. Consequently, the Mint seeked authority from Congress and finally, on July, 09, 1985, the U.S. Mint received the required approval from Congress to strike Silver Eagles.
Following Congress's approval, the Mint struck Silver Eagles for the first time ever on November 24, 1986. Immediately, the coins proved to be a huge success and the Mint managed to sell over five million coins in the first year of introducing the Silver Eagle Program.
Histroical Facts: The price of silver was approximatlely $5.25, on the day that the coins were struck by the U.S. Mint. Therefore, the coins could have been purchased for about $6 or $7 each from a Mint authorized dealer.
Legal tender: Each Silver Eagle is issued by the United States with a legal tender value of One Dollar. However, the coins have an intrinsic value of more than one dollar due to the silver metal content within the coins.

Public Law: Produced under Public Law 99:61 which states - Liberty Coin Act - Amends Federal law to direct the Secretary to mint and issue, in quantities sufficient to meet public demand, one dollar silver bullion coins of specified size, weight, and design. Specifies the source of the silver to be used for such coins. Provides for their sale and issuance.