1998 (P) Proof American Silver Eagle

Coin Details

Auction Record

$404 PR70 09-03-2023 eBay

Description

The 1998 (P) Proof American Silver Eagle is a proof Silver Eagle struck at the Philadelphia Mint, part of the American Silver Eagles 1986 to Date series. The U.S. Mint produced 450,000 examples, making this the scarcer of two mint variants, with 8% of total 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+). Struck after the transition from silver to clad coinage, as the Mint adapted to modern production methods and record-breaking mintages. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $186. Struck in 99.93% silver, .007% copper, weighing 31.1 grams, 40.6 mm in diameter, with a reeded edge. Cataloged as PCGS #918518.