The 2010 American Silver Eagle is the latest addition to the official American Silver Eagle Bullion of the United States series. The first series of the silver bullion coin was released in November 1986, authorized by the Title II of Public Law 99-61 under the Liberty Coin Act which was approved in July 1985. The 2010 American Silver Eagle was then released in January 19, 2010, and able to met the United States Mint’s public demand for the silver bullion coins.
During the previous American Silver Eagles releases, the coins were made available for ordering in the months of November or December before the turn of a new year but the 2010 series were only released in mid January. The reason for the delayed production is because the United States Mint closed up production of the 2009 American Silver Eagle to the very last minute of 2009, pushing the production date of the 2010 American Silver Eagle to a later date. Should the delay had not taken place, the purchasers and collectors could put in their orders in December 2009 and received the 2010 series in January the following year.
The 2010 American Silver Eagle is struck on a one-troy ounce size of a 99.9% pure silver coin. The coin has a nominal face value of one dollar and the content, weight and purity of the silver bullion coins was certified by the United States Mint. The 2010 American Silver Eagle coins were also struck in two versions which are the proof and the uncirculated versions after the release of its silver bullion version.
The design of the American Silver Eagle has been maintained since its first inception in 1986 which features the “Walking Liberty” engraved on the obverse side of the coin. The design, which was first used on the 1916-1947 U.S. half dollar coin, was sculpted by an American sculptor named Adolph A. Weinman. Other engravings include the inscriptions of “Liberty”, “In God We Trust” and “2010” as the year of minting issuance.
The reverse side of the coin features the portrait of a heraldic eagle placed behind a shield which was designed by John Mercanti, a Sculptor-Engraver of the United States Mint. The eagle grasps an olive branch in its right talon and arrows in the left talon, similar to the Great Seal of the United States. Its beak holds a cloth with the phrase “E Pluribus Unum”. On top of the eagle’s head are thirteen five-point stars that represent the US Thirteen Colonies. Other inscriptions on the reverse side include “United States of America”, “1 oz Fine Silver~One Dollar”, and the mint mark just below the eagle.
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