Value of 1994 American Silver Eagle $1 Coin

Value of 1994 American Silver Eagle

An American Silver Eagle, also called an ASE by some collectors, is a bullion coin produced by the U.S. mint. Each coin has a face value of just $1. However, these are bullion coins, which means that they have a precious metals content. All 1994 American Silver Eagle coins have one ounce of pure silver in them. Because of that silver content, each regular issue 1994 $1 silver coin usually trades for around $2 above or below the current price of an ounce of silver depending on if you are buying or selling. In case you are curious, we pay the current spot price for non-proof American Silver Eagles. As an example, if the silver spot price is $20, then we will pay $20 per coin.

Each one dollar coin has the following text: 1994 – LIBERTY – In God We Trust – United States Of America – E Pluribus Unum – 1 OZ. Fine Silver One Dollar | The design is fairly simple. The front (or obverse) of the coin has a woman with the sun behind her. The back, which is also called the reverse, pictures an eagle, shield, and 13 stars.

Be sure to check and see if you have a proof 1994 American Silver Eagle. A proof coin has a P mint mark under the left side of the eagle. The letter P signifies that the proof coin was minted in Philadelphia. Collectors call these 1994-P ASEs. Proof coins are considered more valuable than regular strikes. Contact us to get an offer on your coin.