The 1998 American Silver Eagle, graded as MS69, is a highly collectible coin among numismatists and investors alike. The MS69 grade, given by professional grading services such as PCGS or NGC, denotes that the coin is in near-perfect condition, with only very minor imperfections.
Key Points About the 1998 American Silver Eagle MS69
- Specifications:
- Composition: 99.9% pure silver.
- Weight: 1 troy ounce (31.1 grams).
- Diameter: 40.6 mm.
- Face Value: $1 (though its market value is based on silver content and collectibility).
- Design:
- Obverse: Features Adolph A. Weinman’s “Walking Liberty” design, which was originally used on the Walking Liberty Half Dollar from 1916 to 1947.
- Reverse: Depicts a heraldic eagle with a shield, an olive branch in its right talon, and arrows in its left, designed by John Mercanti.
- MS69 Grading:
- MS stands for “Mint State,” meaning the coin has not been circulated and retains its original mint luster.
- An MS69 grade indicates the coin is in near-perfect condition with only very slight imperfections not visible to the naked eye.
- Collectibility:
- The 1998 American Silver Eagle is a popular year among collectors due to its relatively low mintage compared to more recent years, with a total mintage of approximately 4.3 million coins.
- Coins graded MS69 are sought after for their high quality, making them more valuable than those with lower grades.
- Market Value:
- The value of a 1998 American Silver Eagle MS69 can vary based on the silver market, rarity, and demand among collectors.
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