The 1998 silver eagles have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1998 Silver Eagle


Type: American Silver Eagle
Year: 1998
Face Value: $1.00
Composition: 99.9% silver
Total Weight: 1 troy oz.
Current Silver Bullion Value: $27.58

The US minted the 1998 silver eagle with no mint mark as an uncirculated coin and also the 1998 P 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
1998 Philadelphia 4,847,549
1998 P Proof Philadelphia 450,000


This coin, regardless of condition, is worth at least its weight in silver. The current spot price of silver is $27.58 per ounce. Therefore $27.58 is the current melt value of this coin.

The 1998 silver eagle with no mint mark is worth around $50 in uncirculated condition.

The 1998 P proof silver eagle is worth around $100 in proof condition.

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The Red Book

See also:

1999 Silver Eagle
1997 Silver Eagle
1996 Silver Eagle