The value of .999 pure silver coins varies with the spot price of silver on the market. A one-ounce silver coin will always be worth, at a minimum, the spot price of silver. Depending on the condition of the coin and the market in general, it may be worth up to 100% more. Proof coins are worth more than uncirculated coins, which in turn are worth more than lower-grade coins that may have been handled or have scratches, dings, etc.
With the spot price of silver approaching $50, a current check of asking prices for the 1998 American Eagle ranged from $60 for an uncirculated specimen without a gift box up to $109 for a proof coin in gift box. Consider that prices vary among coin dealers and the high price may not necessarily be current fair market value. Surprisingly, there is little variation in price among different mint years, with older coins not necessarily bringing higher value.
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