The American Silver Eagle Coin Program
American Silver Eagles are highly regarded by both collectors and investors, and are some of the most attractive bullion coins that you can possibly acquire for your portfolio or coin collection.
The American Eagle Coin Program began in nineteen-eighty-six, and has turned out to be the authorized silver bullion coin of the United States of America. Put out by the Mint, American Eagles are distinctive in that they can be utilized by individuals for the funding of their Individual Retirement Accounts.
The United States government produces these silver bullion coins with one troy ounce of .9999 pure silver. This is one of the small number of bullion coins in the world to be designed with such a high amount of silver. The bullion coins have a nominal face value of 1 dollar though the true value of each silver eagle is based on the current spot price of silver.
The unique coins were created and produced with the famous Walking Liberty design by famed sculptor Adolph A Weinman on the obverse. If you’ve ever seen the unforgettable half dollar coins produced from the years’16 to’47, you will undoubtedly be familiar with this lovely rendition of Lady Liberty. This is crucial in that these bullion coins have helped the design featured on the silver eagles to become such an legendary figure. The design that is featured on the coin’s reverse was sculpted by John Mercanti, featuring a heraldic eagle with its wings unfolded.
There are a number of collectors of American Silver Eagles and each has his or her individual reason for becoming involved in the hobby. A number of collectors are in love with the coin’s spectacular craftsmanship, while others enjoy the coins for their possible long term value.
To ascertain the value of a individual coin, many considerations should be taken into account, counting factors such as the year that the coin is created, as some years they production numbers were lower than others, thereby reducing the overall numbers of coins in the hands of the general public. Coin minted in’93 and’95 or anniversary editions for instance, are apt to be among the coins that collectors are searching out, and bring higher interest when sold through coin dealers or at auctions.
At the moment, American Silver Eagles are enjoying a fantastic rush in popularity, due to the unsure economic climate. As precious metals tend to make a excellent hedge against falling dollar values, investors are in search of the protection offered by gold, platinum and silver bullion coins.
If you would enjoy reading more information about Silver American Eagles, then visit please check out James Buchanan’s other informative articles on how to find great deals on Proof Silver Eagle Coins for your portfolio or collection.