1986 American Walking Liberty Silver $240

Updated August 20, 2026

This auction ended on August 27, 2026. See upcoming auctions from Iowa Surplus & Estate Auctions.
Lot number613
Estimate750.00 - 2,250.00 USD
AuctionAUG 27 26 GOLD SILVER BULLION SLABBED KNIVES CARDS
DateAugust 27, 2026 at 6:00 PM CDT
Auction houseIowa Surplus & Estate Auctions
LocationCoralville, Iowa

1986 American Walking Liberty Silver $240 This 1986 American Silver Eagle represents the historic inaugural year of the United States Mint’s official bullion program, making it a highly coveted foundational piece for any numismatic collection. Struck from one troy ounce of .999 fine silver, the obverse features Adolph A. Weinman’s iconic Walking Liberty design, originally seen on the half dollar from 1916 to 1947, portraying Lady Liberty enveloped in the stars and stripes as she strides toward a rising sun. This specific specimen is housed in a protective vinyl flip labeled 0068 and exhibits the brilliant luster and sharp strike characteristic of early mintage years. As the premier date of the series, the 1986 issue carries a significant premium over base silver spot prices due to its "key date" status and historical importance as the first year of the world's most popular silver bullion coin. Condition: The item appears to be in uncirculated condition, exhibiting a strong luster and sharp details on the high points of the design. There are minor surface abrasions or "bag marks" visible in the fields, which are typical for bullion coinage. No significant wear or heavy circulation is present. Mint: San Francisco (based on the 1986 issue year for this series). Metal Content: .999 Fine Silver. Historical Context: The 1986 date marks the inaugural year of the American Silver Eagle program, authorized by the Liberty Coin Act of 1985. The obverse features Adolph A. Weinman’s iconic "Walking Liberty" design, originally used on the half dollar from 1916 to 1947. Strike Type: Business Strike (Bullion). Grading: Ungraded (Raw). American Silver Eagle, 1986, bullion, silver coin, numismatics, Walking Liberty, United States Mint, precious metal, coin flip, collector, investment, one ounce silver 1986 American Silver Eagle, silver bullion, collectible coins, numismatics, walking liberty silver, 1 oz silver coin, United States Mint, vintage silver eagle, investment grade silver, precious metals IMPORTANT BIDDER NOTICE Bidder is solely responsible for determining value, condition, completeness, authenticity, fitment, grade, and usefulness before bidding. THIS ITEM IS SOLD STRICTLY AS-IS, WHERE-IS, WITH NO WARRANTIES OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED. ALL SALES ARE FINAL. NO REFUNDS. NO RETURNS. NO CANCELLATIONS. NO BID RETRACTIONS. By placing a bid, the bidder acknowledges that they have reviewed the title, description, photographs, and any auction notices, and have had the opportunity to ask questions before bidding. Bidder agrees that: The item is being purchased strictly as shown in the photographs and described in the listing The auction house does not grade, test, appraise, or authenticate items unless specifically stated By registering and placing bids, the bidder expressly authorizes Iowa Surplus & Estate Auctions to charge the payment method on file for any lots won, including buyer’s premium, applicable taxes, shipp

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