The 1989 Proof American Eagle Silver Coin is one of the harder coins from the 1980s to find in this collection, particularly as a certified specimen. The 1989 coin had a mintage 60% lower than the debut issue in 1986 and was released at a point in history when silver prices were around $5.50 per ounce. What some may consider a vintage release in the Proof American Eagle Series, 1989 coins represent one of just four issues from the first decade of the series. Today, you have the chance to buy 1989-S Proof American Eagle 1 oz Silver Coins online from Provident Metals.

Highlights:

• Arrives with a protective PCGS plastic slab!
• 4^th year in the Proof American Eagle Silver Series!
• Announced mintage of 617,694 silver coins!
• Contains 1 Troy oz of .999 pure silver.
• The face value of $1 (USD) is backed by the United States of America.
• Graded PR69 by the Professional Coin Grading Service.
• DCAM labels.
• On the obverse is Walking Liberty.
• The reverse shows the heraldic eagle emblem.
• Bears an S mint mark from the San Francisco Mint.

After the 1986 debut of the Proof American Eagle Silver Coins, the United States Mint noticed an immediate and significant drop in the next two years. The 1987 release dropped by 40% compared to the debut issue and the 1988 release was down nearly 60% from the debut issue, marking the low point for coining in the 1980s. In 1989, demand rebounded as the first of two years of growing demand before the Proof American Eagle Silver Coins settled at very low mintage levels throughout the rest of the 1990s. The mintage seen in 1989 would not be surpassed, aside from the 1990 release, until 2001.

Obverse

On the obverse of 1989-S Proof American Eagle 1 oz Silver Coins is Walking Liberty. Created by Adolph A. Weinman, this effigy of Liberty depicts her figure walking from right to left across the design field as she strides toward the sun on the horizon. The inscriptions read Liberty, In God We Trust, and 1989.

Reverse

The reverse side of the 1989-S Proof American Eagle Silver Coin features the modern image of the heraldic eagle. This design comes from John Mercanti and shows a front-facing bald eagle. The eagle supports the US national shield while clutching the arrows of war and the olive branch of peace. There is a triangular cluster of 13 stars above the eagle and a banner in its beak that reads E Pluribus Unum. Other inscriptions include United States of America and 1 oz. Fine Silver One Dollar.

History

The 1989 Proof American Eagle 1 oz Silver Coin was one of just seven issues of the collectible coin at the San Francisco Mint. You will find an S mint mark on the reverse of the coins.

Ordering

1989-S Proof American Eagle 1 oz Silver Coins listed here earned PR69 grades from the PCGS. Coins in this condition have full, original mint luster and present with a maximum of two minor flaws. These detractions are limited in nature to minuscule contact marks or hairlines and limited in scope to the areas outside the primary focal points.

Please contact Provident Metals with your questions. Our team can assist you at 800-313-3315, online using our live chat, and via our email address.