American Silver Eagles - An Excellent Investment
Out of all the precious metals, silver has historically been the most affordable of them all. The year 2008 showed a strong want for silver and that has continued into 2009. Because of this strong demand for silver, the American Silver Eagles has enjoyed a huge surge increase in demand and the prices are reflecting as such.
American Silvers Eagles are a coin that was first released back on November 24, 1986 by the Mint of the United States. These are officially the silver bullion coin of the U. S. These coins are authorized by Congress. The weight and purity of these coins come with a guarantee from the U. S. Government. Each of these coins is guaranteed to have 1 troy ounce of 99. 9% silver. Each coin has a thickness of 2. 98 mm.
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 1916 through 1947. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in 1986. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
Three different mints are responsible for producing the Silver Eagles. Each separate mint has their own stamp that is placed on the coins making it able to be known where they were created. The San Francisco Mint shows the "S" mint mark, the West Point, NY Mint shows the "W" mint mark and the Philadelphia Mint uses the "P" mint mark.
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 Eagles are available for sale at many different venues. The United States Mint will sell these outright to a consumer. There are many websites that are dedicated to collectible coins where they can be purchased. They can also be bought from precious metal dealers and brokers.
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. - 23199
American Silvers Eagles are a coin that was first released back on November 24, 1986 by the Mint of the United States. These are officially the silver bullion coin of the U. S. These coins are authorized by Congress. The weight and purity of these coins come with a guarantee from the U. S. Government. Each of these coins is guaranteed to have 1 troy ounce of 99. 9% silver. Each coin has a thickness of 2. 98 mm.
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 1916 through 1947. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in 1986. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
Three different mints are responsible for producing the Silver Eagles. Each separate mint has their own stamp that is placed on the coins making it able to be known where they were created. The San Francisco Mint shows the "S" mint mark, the West Point, NY Mint shows the "W" mint mark and the Philadelphia Mint uses the "P" mint mark.
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 Eagles are available for sale at many different venues. The United States Mint will sell these outright to a consumer. There are many websites that are dedicated to collectible coins where they can be purchased. They can also be bought from precious metal dealers and brokers.
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. - 23199
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.
posted by X - Men @ 9:00 AM
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