Dating back to 1986, the American Silver Eagle is the official bullion coin of the United States and is minted by the U.S. Mint. Crafted of 99.9% fine silver, and only struck in the 1 troy ounce size, the Silver American Eagle is legal tender and has a face value of $1 independent of the silver content.
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size, which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver.