1986 (P) American Silver Eagle
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$21,150 MS70 02-07-2013 Heritage Auctions
Description
The 1986 (P) American Silver Eagle is a Silver Eagle produced at the Philadelphia Mint as part of the American Silver Eagles 1986 to Date series. The U.S. Mint produced 5.4 million examples, making this the higher-mintage of the two mint variants, representing 79% of production. The obverse features Liberty striding confidently toward the sunrise, draped in the American flag, carrying branches of laurel and oak symbolizing civil and military glory — Adolph Weinman's iconic design adapted from the Walking Liberty Half Dollar and the reverse displays a heraldic eagle behind a shield, designed by John M. Mercanti — the most reproduced coin image in history (1986-2020) or an eagle in flight carrying an oak branch, the redesigned reverse by Emily Damstra introduced in 2021 (2021+). First year of the American Silver Eagle program. Both bullion and proof versions were produced. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $166. Struck in 99.93% silver, .007% copper, weighing 31.1 grams, 40.6 mm in diameter, with a reeded edge. Cataloged as PCGS #9801.
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