2007 American Silver Eagle

Every 2007 Silver Eagle version

There are three 2007 versions. Bullion coins have no mint mark and bright luster. The W proof has mirror fields and frosted design. The W burnished coin has a satin finish without any mirror and the same W mint mark beside the eagle's tail on the reverse. At a glance the burnished coin is easy to mistake for bullion, but the W gives it away. Burnished coins came from the Mint in a capsule and case with a certificate, much like the proofs, so the packaging won't always tell you which is which; the finish will.

Quick answers

How much silver is in a 2007 Silver Eagle?

Each coin contains its stated weight of pure silver: one troy ounce in the $1 coin. The alloy is 99.9% silver.

How many 2007 Silver Eagles were made?

9,028,036 one ounce bullion coins plus 1,443,092 collector versions (proof, burnished and special finishes).

Is the 2007 Silver Eagle worth more than its silver?

The bullion coin trades close to its metal value plus a dealer premium. Collector versions in their original packaging bring a small premium.

Is the Silver Eagle legal tender?

Yes. Each size carries a face value ($1), but nobody spends them: the silver is worth far more than the face value.

2007 Silver Eagle by the numbers

The Mint sold 9,028,036 one ounce bullion Silver Eagles dated 2007. That ranks 18th lowest of the 39 bullion dates from 1986 to 2024.

Against the dates around it, 2007 bullion sales were 1.2 times fewer than 2006 and 2.3 times fewer than 2008.

Collector versions dated 2007 add up to 1,443,092 coins across 2 versions. The scarcest is the 2007-W uncirculated (burnished) at 621,333; the most plentiful is the 2007-W proof at 821,759.

What to check on yours

• Weigh and measure it. A genuine one ounce Silver Eagle weighs 31.103 g and measures 40.6 mm. Fakes are usually the wrong weight or the wrong thickness.
• Try a magnet. Silver is not magnetic, so a coin that sticks is not genuine. A coin that does not stick still needs the other checks.
• Look for the mint mark. Bullion strikes have none; proofs and burnished coins carry a small letter. A mirror field with frosted design means a proof, a soft satin look means burnished.
• Handle it by the edge and never clean it. Fingerprints, wiping and polishing leave marks that cost collector versions much of their premium.
• Keep the original capsule, box and certificate with collector versions. Coins that come with them are easier to sell and more likely to bring their full premium.

Bullion 2007 coins trade at metal value. The 2007-W proof and the 2007-W burnished both trade for a small premium, the burnished coin a touch stronger because fewer were made. Burnished coins scuff easily and milk spots show clearly on their satin surface, so condition makes a real difference to how keenly a buyer looks at one. Keep them in the capsule inside the original case. A graded burnished coin in a top grade draws more interest than a raw one.

West Point proofs and new finishes (2001 to 2008)

From 2001 the West Point Mint took over proof production and the W mint mark became standard on collector Silver Eagles. Proof sales climbed, apart from a dip in 2002, from 746,398 in 2001 to more than 800,000 a year by the middle of the decade. Proofs from these years usually come in their original capsule and case, which collectors prefer to keep. Around the same time the stockpile silver that had fed the program since 1986 ran out and the Mint switched to buying its silver on the open market.

The 20th anniversary in 2006 brought the biggest change yet in what collectors could buy. A three-coin set paired the regular W proof with two new finishes: the first reverse proof, struck at Philadelphia, plus the first burnished uncirculated coin, struck at West Point on specially treated blanks. The burnished W coin was also sold on its own and stayed in the lineup for 2007 and 2008. For the first time a collector could buy three distinct finishes of the same coin in a single year.

Bullion sales hovered between eight and ten million a year until the financial crisis of 2008 sent demand soaring to 20,583,000 coins, roughly double the year before. The rush strained supply of blanks and would shape what the Mint offered the following year. A die variety from 2008, burnished coins struck with the previous year's reverse, closes this era as one of its most sought-after pieces. It came about because the reverse design was slightly revised for 2008 and a few old dies stayed in use.

Mintage chart

Specifications

Frequently asked questions