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Mint Announces Sellout of 1996 Proof Silver Eagle

May 13, 1997

Washington, D.C. — The U.S. Mint today announced the sellout of the maximum mintage of 500,000 one–ounce 1996 Proof Silver American Eagle Coins. Sales of the half million Proof Silver Eagles mark the first sellout since the Mint established a maximum mintage for the coin in 1990, and the highest Proof Silver Eagle sales since 1991's total sales of 511,950.

"The Proof Silver Eagle continues to be the world leader in silver coins," said Mint Director Philip N. Diehl. "Its classic design and affordability make this coin a unique value, both artistically and for collectors."

The Proof Silver Eagle obverse features Adolph A. Weinman's renowned "Walking Liberty," which originally appeared on the U.S. half dollar in 1916. Priced at $23, the Proof Silver Eagle went on sale on March 22, 1996.

The Mint announced the availability of the 1997 Proof Silver and Gold American Eagle Coins on April 11, with dramatically reduced mintages for all gold denominations. The Proof Silver Eagles remain $23, again with a maximum of 500,000, and will be sold while supplies last.

Proof Gold American Eagles are priced at $589 for the one–ounce proof gold Eagle; $299 for the half–ounce proof gold Eagle; $159 for the quarter–ounce proof gold Eagle; and $75 for the tenth–ounce proof gold Eagle. The Proof Gold Four Coin Set is $1,025. 1997 Proof Gold Eagle coins are available until December 31, or until sold out.

The Mint reserves the right to limit quantities and to stop accepting orders. Coins may be delivered in multiple shipments at different times.

For general information about proof Eagles, phone (202) 283–COIN. To order, please call 1–800–USA MINT.

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