Proof American Silver Eagles From 1991 to 1999
Enthusiasm for Proof American Silver Eagles waned from 1991 to the end of the decade, despite the significance of the 1995-W coin. The 1992-S American Silver Eagle saw a decrease in sales to 498,654, down almost 13,000 coins from the previous year. The United States Mint maintained the price of the Proof coin at $23 USD ($57.93 in 2024 dollars), even as the average closing price of silver dropped to $3.95 for the year. This coin marked the last San Francisco Mint Proof issue in the initial series run, with Proof production moving to the Philadelphia Mint in 1993. Collectors had to wait until the 2011-S Burnished coin for another S-mint Silver Eagle to be released.
Insight into 1992-S American Silver Eagle Proof Coin’s Value
Of the 1992-S American Silver Eagle Proofs mintage of 498,654, 42,658 have been certified by CAC, NGC, and PCGS together. NGC and PCGS dominate the total certified population, with CAC accounting for only 27 graded 1992-S Proofs, all PR70DCAM. Over the last decade, NGC and PCGS have averaged 1,606 graded coins per year, with many Proof-70s certified, favoring that grade over Proof 69. Despite fluctuations in pricing, these coins maintain their value over time, with Perfect 70 coins fetching $200 to $300 at major auction venues and on eBay.
Market Data and Noteworthy Specimens
As of May 2024, there are 24,420 total certified 1992-S American Silver Eagle Proof coins. The top populations include PCGS PR70DCAM (3,354), NGC PF70UCAM (2,475), and CAC PR70DCAM (27). These specimens have fetched various prices at auctions, highlighting the demand and value of this coin over time.
Design of the 1992-S American Silver Eagle
The obverse of the 1992-S American Silver Eagle features Adolph A. Weinman’s Lady Liberty in a dynamic pose, symbolizing the American spirit. The reverse showcases John M. Mercanti’s Heraldic Eagle, a classic design that has become iconic in American numismatics. The coin’s edge is reeded, adding to its overall aesthetic appeal.
1992-S Silver Eagle Proof Coin Specifications
– Year Of Issue: 1992
– Denomination: One Dollar (USD)
– Mintmark: S (San Francisco)
– Mintage: 498,654
– Alloy: 99.9% silver
– Weight: 31.1 g
– Diameter: 40.6 mm
– Edge: Reeded
– OBV Designer: Adolph A. Weinman
– REV Designer: John M. Mercanti
The 1992-S American Silver Eagle Proof coin remains a sought-after collectible with a rich history and enduring value in the numismatic world.