Silver has been one of the most affordable precious metals in the recent past. Due to this, silver has seen a huge demand increase and the trading on the stock market for silver has also been shown to reflect this demand. Also due to the demand in silver, the demand for the American Silver Eagle Coin has gone up as well.
Officially, the Silver Eagle is the silver coin of the United States, the American Silver Eagle was released to the public back in November of'86. As a coin that has been given its authorization by Congress, the weights and purities of these coins are guaranteed entirely by the United States Government. Each of these coins comes with a thickness of 2. 98 mm and each coin is guaranteed to contain at least 1 troy ounce of 99. 9% pure silver.
The design on these coins is taken from the "Walking Liberty" design used by Adolph A. Weinman. This same design was originally used on a half dollar from'16 through'47. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in'86. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
American Silver Eagles are produced at 3 different mints. Each mint has their own mark that is placed on each coin to let the consumer know where the coin originated from. The Philadelphia Mint has the mint mark "P", the San Francisco Mint has the mint mark "S" and the West Point, NY Mint has the mint mark "W."
These coins are not typically used as money but if they were, they would only have a one dollar value. These coins are used and held more for their investment value. There are many factors that go in to the true value of each coin such as condition, grade and year of minting. To know the true value, a professional dealer would need to look over your coins and value them accordingly.
American Silver Eagle silver coins can be purchased at many different places. The United States Mint will sell them directly to the public. Many websites online are devoted to precious metals and coins and they can be purchased there as well. Another venue for to purchase coins is through a precious metals dealer and broker.
American Silver Eagles are a loved coin and are a great investment. They hold their value and have been shown to improve some over time. If purchased, they will be enjoyed for years to come. - 31899
Officially, the Silver Eagle is the silver coin of the United States, the American Silver Eagle was released to the public back in November of'86. As a coin that has been given its authorization by Congress, the weights and purities of these coins are guaranteed entirely by the United States Government. Each of these coins comes with a thickness of 2. 98 mm and each coin is guaranteed to contain at least 1 troy ounce of 99. 9% pure silver.
The design on these coins is taken from the "Walking Liberty" design used by Adolph A. Weinman. This same design was originally used on a half dollar from'16 through'47. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in'86. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
American Silver Eagles are produced at 3 different mints. Each mint has their own mark that is placed on each coin to let the consumer know where the coin originated from. The Philadelphia Mint has the mint mark "P", the San Francisco Mint has the mint mark "S" and the West Point, NY Mint has the mint mark "W."
These coins are not typically used as money but if they were, they would only have a one dollar value. These coins are used and held more for their investment value. There are many factors that go in to the true value of each coin such as condition, grade and year of minting. To know the true value, a professional dealer would need to look over your coins and value them accordingly.
American Silver Eagle silver coins can be purchased at many different places. The United States Mint will sell them directly to the public. Many websites online are devoted to precious metals and coins and they can be purchased there as well. Another venue for to purchase coins is through a precious metals dealer and broker.
American Silver Eagles are a loved coin and are a great investment. They hold their value and have been shown to improve some over time. If purchased, they will be enjoyed for years to come. - 31899
About the Author:
Samuel Sterns is a long-time coin enthusiast who enjoys writing articles about Silver Coin Proof Editions, including difficult to find Silver Eagle Proof coins for numismatists.
