Silver American Eagle Coins – Affordable Investments
Over its history, the United States has made millions of coins. Most of the coins are used daily as circulating currency, while others are made as investment grade coins with a high content of silver or gold, such as the Silver Eagle.
Starting back in’86, the United States Government began minting silver bullion coins that came to be known as “Silver Eagles.” These coins are highly favored because they are investments than can be purchased by anyone. The price and guarantee is not limited to one set group.
The Silver Eagle coin is a silver bullion coin and has a face value of one dollar. Over-0 million of these coins have been minted since they first came out. These coins are made to meet strict specifications and qualifications.
The Silver Eagle is the world’s most best selling silver coin. Since the first minting, more than-0 million coins have been sold. These coins are minted to exact qualifications and specifications. The Silver Eagles weight and purity is guaranteed by the United States government. They officially are the silver bullion coin of the United States. In each coin is a minimum of one troy ounce of pure 99. 9% silver.
Silver Eagles are approved as official investments into your Individual Retirement Account (IRA). The long term investment stability of Silver Eagles is yet another reason that makes these coins so highly regarded. The resale value of these coins is determined by the market price of silver plus a premium to cover minting and distribution costs.
American Silver Eagle coins come in 3 different versions. The first is the regular bullion version. These are the coins offered and found from authorized bullion dealers and coin dealers. A second version is known as the collectible proof version. These are the versions available yearly directly from the U. S. Mint. The last and final version is the collected uncirculated or burnished version. This is the most recent version. These carry the Weinman “W” mint mark and are struck on burnished specialty blanks. All coins come with a certificate of authenticity from the United States Mint.
Widely sought after by coin collectors and precious metal collectors, the Silver Eagle definitely is. Collectors consider this coin to be the “modern day silver dollar” and often pay close attention to series dates, including hard to find anniversary issues.
These coins are considered to be affordable investments and are highly regarded collectibles. American Silver Eagle coins make great gifts and excellent investments that will be treasured for generations and pay dividends in the future.
To learn more about the Silver Eagle American Coin Program, please be sure to read Matthew Douglas’s other informative articles on Silver Proof Eagle Coins and other products from the United States Mint.
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