Owner Comments:
The 1990 Silver Eagle showed another incremental increase for bullion coin mintage as the price of silver declined. This represented the second annual sales increase following the sharp decline experienced after the first full year of sales. For 1990, the United States Mint produced and sold a total of 5,840,000 bullion Silver Eagles.
The 1990 Proof Silver Eagle saw sales increase once again to 695,510, which would come to represent a temporary high point. After this year, a higher proof mintage would not be seen until 2001. These proof coins were minted for collectors with a high quality cameo proof finish and packaged in velvet cases with a certificate of authenticity. They were originally offered for $23.00 each.
Perfect NGC PF 70 Ultra Cameo graded proof coins are attainable, but MS 70 coins are more elusive. In PCGS holders, perfect coins are scarce for proof and nonexistent for bullion coins.
The average price of silver during 1990 was $4.83 per ounce. The highest price during the year was $5.35 per ounce, and the lowest price was $3.95 per ounce.