1998 Proof Silver American Eagle - 1 Troy Oz .999 Pure

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1998 Proof American Silver Eagle: A Collector's Guide and Valuation

The 1998 Proof American Silver Eagle stands out as a notable achievement in the sphere of precious metal numismatic craftsmanship, underscoring the United States Mint's dedication to producing items of the highest quality and aesthetic distinction. This extraordinary coin, minted from .999 fine silver, goes beyond its fiscal function to embody the deep cultural heritage and unwavering values of the United States.

This Proof Silver Eagle's intricate design and striking proof finish draw the admiration of both numismatists and silver coin investors, marking the Proof American Eagle as a top selection for those interested in acquiring fine silver recognized for its remarkable purity and esteemed value by the U.S. Mint.

The 1998 Proof American Silver Eagle is more than another silver bullion coin, it is prized for its rarity and unique proof qualities. Proof silver coins are a piece of history at a reasonable price.

Coin Highlights:

  • Composition: Crafted from one troy ounce of .999 fine silver, reaching 99.9% purity.

  • Weight: Weighs 31.103 grams, in line with the 1 troy ounce standard for the Silver Eagle series.

  • Diameter: Features a diameter of 40.6 mm, offering ample space to showcase its complex design details.

  • Thickness: Possesses a thickness of 2.98 mm, providing a substantial and discernible weight.

  • Edge: Includes a reeded edge with 201 reeds, contributing to its refined appearance and security aspects.

  • Proof Quality: Displays a magnificent proof finish with frosted details set against a lustrous background, indicating the detailed precision in its minting process.

  • Iconic Designs: The coin's obverse is adorned by Adolph A. Weinman's esteemed "Walking Liberty" design, and the reverse by John Mercanti's heraldic eagle design, each rich with meaningful symbolism and historical significance.

  • Minting and Certification: Minted at the Philadelphia Mint, marked by the 'P' mint mark on the reverse, and includes a certificate of authenticity (COA).

  • Packaging: Encased in protective packaging to preserve its mint condition, enhancing its attractiveness as a collector's piece.

  • Limited Production: The production of 450,000 pieces in 1998 boosts its appeal and potential value to collectors and investors, emphasizing its limited edition rarity.

  • Legal Tender Status: Although it has a currency face value of one dollar, its actual market value far surpasses this, driven by its silver content and demand among collectors.

The 1998 Proof American Silver Eagle is not merely an investment in silver; it represents a piece of American tradition and minting excellence. Its aesthetic appeal, historical importance, and craftsmanship make it a coveted item for any coin collector or investment portfolio.

Coin Description:

The obverse of American Silver Eagles showcases Adolph A. Weinman's iconic "Walking Liberty," symbolizing freedom and liberty. This classic design depicts Lady Liberty advancing forward, enveloped in the American stars and stripes flag, her right hand outstretched in welcome, and her left clutching branches of laurel and oak, denoting honor and courage. Behind her, a rising sun with 13 rays represents the original thirteen colonies, with "LIBERTY" inscribed above, "IN GOD WE TRUST" next to Lady Liberty, and the minting year displayed prominently below.

The reverse, crafted by John Mercanti, features a heraldic eagle with a liberty shield, signifying American strength and unity. The American eagle, holding an olive branch and arrows in its talons, signifies the nation's preference for peace alongside its readiness for war. Thirteen stars above the eagle honor the original colonies, linking the coin to America's founding principles. "E PLURIBUS UNUM" appears on a banner in the eagle’s mouth, surrounded by "UNITED STATES OF AMERICA" and "1 OZ. FINE SILVER ~ ONE DOLLAR," capturing the spirit of the United States.

Claim Your 1998 Proof American Silver Eagle Now

For inquiries (FAQs) or to enhance your collection or investment strategy with the collectible 1998 Proof American Silver Eagle and other esteemed silver bullion coins and gold bullion coins, contact the experienced, commission-free customer service team at Money Metals Exchange:


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Product Specifications
Mint Facility: US Mint
Denomination: $1.00 USD
Date: 1998
Quality / Type: Proof
Purity: 99.9% silver
Metal Weight: 1 troy ounce (31.103 grams)
Diameter: 1.598 inches (40.6 mm)
Edge: Reeded
Obverse: Walking Liberty
Reverse: Eagle with Shield
Sell to Us

We are buying this item back daily, and we pay you promptly!

Our current buy pricing is $45.39 each and we will buy up to 20 at this price. Simply call us on any weekday to lock pricing at 1-800-800-1865.

Learn more about the process for selling to us here.

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