Customers: Please note that because these coins are older, they may have blemishes and/or imperfections and are not guaranteed to be in brilliant uncirculated condition.
The American Silver Eagle coin was met with immense demand and popularity in its first two years, but the 1988 American Silver Eagle suffered the descent back to reality as the coin program’s popularity leveled off. Following a high production year in 1987, the 1988 American Silver Eagle saw mintage cut in half. The 1988 American Silver Eagle is available now from JM Bullion.
- Mintage of 1988 coins was 5,562,016 in total!
- 3rd annual release of American Silver Eagle coins.
- Ships in a protective plastic flip, mint-sealed tube of 20, or Monster Box of 500.
- Protect your investment with 40.6mm Direct Fit Air-Tite Capsules or 40.6mm Air-Tite Coin Tubes, which hold 20 coins.
- Contains 1 oz of .999 pure silver.
- Face value of $1 (USD) is fully backed by the US government.
- Features the Walking Liberty design on the obverse.
- Heraldic eagle on the reverse.
- “S” mint marks from the San Francisco Mint on proof coins.
The 1987 American Silver Eagle production year experienced a significant surge to 12.3 million coins as investors and collectors reacted to the suddenly popular product. However, those highs weren’t to last. Both the bullion and proof mintage levels of 1987 would not be surpassed again until 2006 for the proof and 2008 for the bullion.
In 1988, American Silver Eagle production shrunk back to a total of 5.5 million coins. Both versions of the coin were cut in half, with bullion coins dropping from 11.4 million to 5.004 million, while the proof dropped from 904,000 to 557,370 coins.
On the obverse face of the coin, the United States Mint revived the Walking Liberty design from Adolph A. Weinman. Formerly used on the Walking Liberty Half Dollar, this image was designed by Adolph A. Weinman in 1916 during a great revolution in American coin design. It is considered one of the two finest coin designs in American history.
The reverse face of the coin features the heraldic eagle of the United States. Used for the first time in 1793, US Mint Chief Engraver John Mercanti modernized the design for use on American Silver Eagle coins. One of his major additions was that of 13 stars above the eagle to represent the original colonies.
If you have any questions, please don’t hesitate to reach out to JM Bullion. Our associates are available on the phone at 800-276-6508, online using our live web chat feature, and via our email address.