Both the U.S. Mint in Philadelphia and West Point first produced the Silver Eagle Dollar in the United States in 1986. The Silver Eagle coins are legal tender with the currency value of one dollar. Depending on the condition of the coin, a Silver Eagle Dollar can have a numismatic value higher than that of the legal tender.

Silver is known for its strong properties and relative affordability compared to other precious metals. Coin collectors may find the Silver Eagle easy to find, affordable and valuable as a collector's item. Unlike some other collectible coins, the American Eagle Silver Bullion coin is legal tender with a weight and purity that is authenticated by the U.S. Government.

The American Eagle Silver Bullion Coin features a pure silver grade of 99.9 percent. The coins are 1.598 inches in diameter, and the value is determined by the market price of silver on any given day. These coins are often found as gift offerings to commemorate birthdays, holidays, retirement and other unique celebrations. As a gift item, their value is often enhanced due to their eligibility for use in an IRA account.

The design marking the American Eagle Silver Bullion coin is based on an original design by Adolph A. Weinman, called 'The Walking Liberty'. This intricate image of a liberty figure walking amidst flowing robes was first seen on the face of a half-dollar. The reverse side of the American Eagle Silver Bullion pays tribute to the eagle as it looks straight ahead, spreading its great wings to display its strength and beauty.