Description
The American Silver Eagle had taken the numismatic world by storm after its first five years. Although the program wouldn’t hit the heights of 1987 again until the 20th century, the coin’s popularity throughout the late 1980s and early 1990s was unmistakable. Mintage ebbed and flowed later in the decade, but the 1990 American Silver Eagle was part of growing trend for the coin series.
Coin Highlights: 1990 AMERICAN SILVER EAGLE COIN MINTAGE TOTALED 6,535,620 COINS! 5 TH ANNUAL RELEASE OF THE AMERICAN SILVER EAGLE COIN! Arrives in an individual flip, sealed mint tubes of 20, or Monster Boxes containing 500 coins. Contains 1 oz of.999 pure silver. Bears a face value of $1 (USD) backed by the federal government. Walking Liberty graces the obverse. The heraldic eagle of the United States dominates the reverse. “S” mint mark of the San Francisco Mint on proof coins. After the boom the American Silver Eagle experienced in 1986 and 1987, the program’s demand and mintage were cut in half for 1988. Mintage plummeted from a total of 12.3 million coins in 1987 to just 5.5 million in 1988. However, this low was only temporary. By the time the 1990 American Silver Eagle coin was released, the program had rebounded to a total mintage of 6.5 million coins. The program saw increases in demand in both 1989 and 1990, a trend that continued into 1991. Of the 6.5 million coins struck in 1990, 5.8 million of those were bullion coins, a slight increase of 600,000 from the previous year. The proof American Silver Eagle in 1990 experienced a surge to 695,510 coins.
This was the highest mark the program would see in proof production until 2001. On the obverse is the iconic image of Walking Liberty from Adolph A. Weinman. His depiction of Liberty represented the nation’s drive toward a brighter future, and featured on the Walking Liberty Half Dollar from 1916 to 1947. The reverse bears the image of the heraldic eagle of the United States. Originally used as early as 1793 by the US Mint, this particular version was refined and modernized by John Mercanti, the United States Mint’s Chief Engraver from 1986 to 2010.
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