The 1989 silver eagles have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1989 Silver Eagle

Specifications

Type: American Silver Eagle
Year: 1989
Face Value: $1.00
Composition: 99.9% silver
Total Weight: 1 troy oz.
Current Silver Bullion Value: $16.57

The US minted the 1989 silver eagle with no mint mark as an uncirculated coin and also the 1989 S proof silver eagle. The mint mark, when present, can be found on the reverse side of the coin.

Proof coins are essentially coins that have more detail. They are minted on special planchets and it takes longer to produce them. Each proof coin originally comes in a US Mint issued velvet box and a certificate of authorization (COA).

Series Location Quantity Minted
1989 Philadelphia 5,203,327
1989 S Proof San Francisco 617,694

Value

This coin, regardless of condition, is worth at least its weight in silver. The current spot price of silver is $16.57 per ounce as of December 08, 2019. Therefore $16.57 is the current melt value of this coin.

The 1989 silver eagle with no mint mark is worth around $28 in uncirculated condition.

The 1989 S proof silver eagle is worth around $60.

 

Sources:

The Red Book


See also:

1990 Silver Eagle
1988 Silver Eagle
1987 Silver Eagle