The value of a 1985 American Prospector silver coin can vary depending on its condition, whether it’s part of a set, and its specific design (for example, the “Eagle Reverse” design is mentioned as more exclusive).
Here are some approximate values based on online listings:
- Single 1 Troy Ounce Round:
– Around $42.00 in vintage condition.
– Around $44.95 for a .999 pure silver round.
– Approximately $50.00 for a new, vintage round.
– Around $72.95 for a round graded MS67 by ICG.
- Fractional Rounds:
– A 1/4 ounce round with a low mintage (only 25,000 minted) was listed for $149.99.
- Toned Rounds:
– Toned rounds can fetch higher prices, with examples listed at $360.00 (discounted from $400) and $450.00 (discounted from $500).
- Sets:
– A 1985 Engelhard Prospector Silver Set including 1oz, 1/2oz, 1/4oz, and 1/10oz coins was listed for $400.00.
It’s important to remember that these are asking prices and the actual sale price may differ. It’s recommended to consult a reputable coin dealer or online marketplace for the most up-to-date and accurate pricing.
Additional considerations
- Spot price of silver: The intrinsic value of the silver in the coin will fluctuate with the market price of silver.
- Condition: Coins in better condition (e.g., uncirculated, graded) will generally command higher prices.
- Mintage figures: The 1985 1 oz Engelhard Prospector Silver Round (Eagle Reverse) had a limited mintage of 50,000 rounds. Lower mintage figures can sometimes indicate higher collectibility and value.
- Fractional rounds: Engelhard also produced fractional 1985 Prospector rounds (1/10oz, 1/4oz, and 1/2oz) which may have different values depending on their mintage and rarity.
How much silver is in a 1985 silver dollar?
Great question! President Ronald Reagan signed the Liberty Coin Act in 1985 authorizing America’s new silver bullion coin. It was to contain one Troy ounce of 99.9% silver (virtually pure), as opposed to the 90% content of earlier silver dollars.
Is the American Silver Eagle coin pure silver?
Great question! The American Silver Eagle is struck only in the one-troy ounce, which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) and codified as 31 U.S.C. § 5112(e)-(h).