The 2011 silver eagles have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: American Silver Eagle
Year: 2011
Face Value: $1.00
Composition: 99.9% silver
Total Weight: 1 troy oz.
Current Silver Bullion Value: $27.94
The US minted the 2011 silver eagle with no mint mark and also the 2011 W burnished silver eagle, 2011 S burnished silver eagle, 2011 W proof silver eagle, and the 2011 P reverse proof silver eagle. The mint mark, when present, can be found on the reverse side of the coin.
The burnished silver eagles have a unique look to them. Burnished coins have a matte-like finish and they appear less shiny.
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).
The reverse proof silver eagles are special edition coins that were minted for the 25th anniversary of the silver eagle series. These coins were only sold as part of a five coin set that contained all the different silver eagles of 2011. Each coin has a brilliant mirror-like appearance.
| Series | Location | Quantity Minted |
|---|---|---|
| 2011 | West Point and San Francisco | 40,020,000 |
| 2011 W, Burnished | West Point | 409,776 |
| 2011 S, Burnished | San Francisco | 99,882 |
| 2011 W Proof | West Point | 947,355 |
| 2011 P Reverse Proof | Philadelphia | 99,882 |
Value
This coin, regardless of condition, is worth at least its weight in silver. The current spot price of silver is $27.94 per ounce. Therefore $27.94 is the current melt value of this coin.
The 2011 silver eagle with no mint mark is worth around $45 in uncirculated condition.
The 2011 W burnished silver eagle is worth around $65 in uncirculated condition.
The 2011 S burnished silver eagle is worth around $225 in uncirculated condition.
The 2011 W proof silver eagle is worth around $90 in proof condition.
Lastly the 2011 P reverse proof silver eagle is the most rare and valuable series. This coin is worth around $255 in proof condition.
Looking to Buy Silver Eagles? Shop on Money Metals Exchange
Sources:
The Red Book
See also: