The 1986 one-dollar coin most likely refers to the 1986 American Silver Eagle . This coin holds both face value (denominated at $1) and an intrinsic value based on its silver content.
Here’s a breakdown of its potential value:
- Melt Value: Each 1986 Silver Eagle contains one ounce of pure silver. Therefore, its value is directly linked to the current price of an ounce of silver, typically trading around $2 above or below the spot price, depending on whether you’re buying or selling. As of August 11, 2025, the spot silver price is $37.71 (Bid) and $38.01 (Ask).
- Collectable Value: Beyond its melt value, the 1986 Silver Eagle, particularly in high grades or as a proof coin, can command a premium among collectors.
– Regular Strike (Uncirculated): These coins, struck without a mintmark, were primarily targeted towards bullion investors. High-grade examples, especially those certified as MS70 by PCGS or NGC, are in high demand and can fetch prices ranging from $1,200 to $2,500, with a record sale at $21,150. Less pristine uncirculated examples may fall within the $50-$200 range.
– Proof Coins (with “S” mintmark): Proof coins are considered more valuable and have an “S” mintmark under the left side of the eagle, signifying they were minted in San Francisco. While the 1986 proof mintage was the highest in the program’s history at 1,446,778, perfect PR70 DCAM (Deep Cameo) examples can reach prices between $500 and $1,200, with a record sale at $16,115. Lower grade proof examples generally fall within the $40-$150 range.
– Grading Challenges: Early Silver Eagles, including the 1986 issue, can suffer from toning, milk spots, or other imperfections, making high-grade examples more desirable and thus more valuable.
To determine the specific value of your 1986 Silver Eagle, you should consider the following:
- Condition: The coin’s grade (e.g., Mint State (MS), Proof (PR), Deep Cameo (DCAM)) significantly impacts its value. Professional grading by services like PCGS or NGC is recommended to accurately assess the coin’s condition.
- Mint Mark: The “S” mintmark indicates a Proof coin, which is generally more valuable than a regular strike.
- Market Conditions: The price of silver fluctuates, directly affecting the coin’s base value. Demand for the 1986 Silver Eagle among collectors also influences the market value.
Several options are available if you wish to sell your 1986 Silver Eagle:
- Local Coin Dealers: You can visit local coin dealers who are generally experienced in buying and trading coins. While convenient, be aware that their offers might not reflect the full retail value, as they need to account for their profit margins.
- Coin Shows: Attending coin shows, from local events to large national conventions, allows you to get multiple offers from different dealers, potentially leading to a better selling price.
- Online Platforms: Websites like eBay or MA-Shops allow you to sell coins directly, potentially achieving higher prices, but requiring you to handle photographing, listing, and shipping.
- Professional Appraisers: If you’re unsure about the coin’s value, seeking an appraisal from a professional appraiser or coin dealer can be beneficial. Some services, like Cash for Gold USA, offer free appraisals and purchase offers for silver coins.
Note: Always ensure the buyer or seller is reputable and consider getting professional guidance when dealing with valuable coins.








Is a 1986 $1 coin worth anything?
1986 was proclaimed the International Year of Peace by the United Nations and this was celebrated in Australia with a circulating one dollar design featuring a peace dove, hands and a wreath. This coin was split from an Uncirculated Roll and is housed in a white 2×2 coin holder.
How do I tell if my 1 dollar coin is worth anything?
I can help with that. The best way to find the value of your dollar coins is with an appraisal online or in-person. Whether in-person or online, an appraisal can have an expert look at your dollar coins and tell you exactly how much they are worth and where their value is. The choice of appraisal is totally up to you and your convenience.
How to authenticate a 1986 silver eagle?
The thickness of the coin should always be 2.98 mm or . …
Since these coins are silver, they should ring when you lightly tap the edge of an American Silver Eagle. …
Study the lettering on the coin. …
The font is always the same; it doesn’t change from year to year.