This 1986 P American Silver Eagle is a one-ounce silver bullion coin that has been graded by the Professional Coin Grading Service (PCGS) as Mint State 67, meaning it has no visible wear and only minor flaws. The coin also exhibits a rainbow toning, which is also known as “rainbow coin toning,” is a result of a chemical process that reacts with the surface metal of the coin. This toning process primarily occurs due to the reaction of oxygen and/or sulfur with the coin’s metal over time. This toning can enhance the appeal and value of the coin, depending on the eye of the beholder. The 1986 P Silver Eagle is the first year of issue for the American Silver Eagle series, which is the official silver coin of the United States. The coin features the Walking Liberty design by Adolph A. Weinman on the obverse and the heraldic eagle design by John Mercanti on the reverse. The coin has a face value of one dollar and contains 99.93% Silver, and 0.007% Copper. The coin was minted at the Philadelphia Mint, which is indicated by the lack of a mint mark on the reverse. In January 2022, According to PCGS, a 1986 Silver Eagle (MS67) sold for $1,800 at Heritage Auctions. Moreover, the record price for a 1986 MS-70 Silver Eagle was achieved in January 2020 at Stack’s Bowers selling for $21,150.00. Beauty is certanly in the eye of the beholder. Don't miss you change to own this pieace of American coin history.