The Engelhard Prospector silver rounds are highly collectable and typically command a significant premium above their melt value.  They are considered by many to be the premier silver bullion round to which most others are compared.  These rounds, which pre-dated the US Mint released American Silver Eagles in 1986 were the premier quality silver round.  The series ran from 1982 to 1987 and each piece contains one Troy ounce of .999 fine silver.  The production run was extremely low and the quality was excellent for all years, making them a great addition to any collection.

1985 Prospectors Series

In 1985 Engelhard produced the Prospector in 1/10, ¼, ½ ounce sizes in addition to the one ounce round and this was the only year making them very scarce.  This set can be found at Captains Coins Cards and Silver on eBay.  They are presented in new air-tite holders for a great presentation and preservation.

It is important to note that 1983 and 1987 have been recognized to be considerably lower in mintage than the other years with 1983 being the lowest. The 1987 series production was the last year and was believed limited likely due to the introduction of the US Mint’s American Silver Eagles.

All of the Engelhard Prospectors have an image of a prospector panning for gold along with the text “U.S.A.” and the date. From 1982 through 1984 the reverse of the round had a large “E” inside a globe and the text “ENGELHARD/ ONE TROY OUNCE/ 999+ FINE SILVER”.

During the 1984 production run, the reverse design was changed to an Eagle with a branch and flag and the text “ENGELHARD/ ONE TROY OUNCE 999+ FINE SILVER”. This reverse remained until the series end in 1987.

Engelhard Prospector 1 oz Silver Rounds

Source: Engelhard Silver Prospector Series