american silver eagles

The American Silver Eagle Coin Program

American Silver Eagle Coins are favorably thought of by collectors and investors equally, and are some of the most beautiful bullion coins that you can have in your investment portfolio or coin collection.

The American Eagle Coin Program began in the mid-1980’s, and has turned out to be the sanctioned silver silver bullion coin of the United States. Produced by the Mint, American Eagles are unique in that they are able to be utilized by individuals for the funding of their Individual Retirement Accounts (IRA’s).

The government mints these coins with 1 troy ounce of 99.9% pure silver. This is one of the small number of bullion bullion coins in the world to be created with such a large extent of silver. The coins have a nominal face value of 1 dollar while the actual value of each silver eagle coin is based upon the actual spot price of silver.

The coins were created and produced with the exquisite Walking Liberty design by Adolph A Weinman on the obverse. If you’ve ever seen the memorable half dollar coins made from the year 1916 to 1947, you will unquestionably be familiar with this attractive interpretation 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 crest on the coin’s reverse was sculpted by John Mercanti, featuring a heraldic eagle with its wings spread.

There are countless collectors of Silver American Eagles and each has his or her individual basis for becoming caught up in the hobby. A number of collectors are in love with the coin’s dazzling craftsmanship, while others take pleasure in the silver coins for their possible long term worth.

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 1993 and 1995 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.

Nowadays, Silver American Eagles are enjoying a tremendous surge in popularity, owing to the tentative economic climate. As precious metals have a tendency to make a excellent hedge against diminishing dollar values, investors are looking for the protection to be had by silver and gold bullion goods.

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.

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Monday, October 26th, 2009 Money and Cash No Comments