Silver Eagle Coins - A Lasting Investment

By Matthew Douglas

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.

Back in 1986, the minting of the American Silver Eagle coin began. This coin was a spin off of the Adolph A. Weinman "Walking Liberty" half dollar. The Walking Liberty was minted in the United States from 1916 to 1947. This coin's signature was the "AAW" mark that was found under the eagle's wing on the backside of the coin. The Walking Liberty is valued at 50 cents.

The Silver Eagle coin is a silver bullion coin and has a face value of one dollar. Over 130 million of these coins have been minted since they first came out. These coins are made to meet strict specifications and qualifications.

These coins are the world's best-selling silver coins. There have been more than 130 million sold since they were first minted. These coins are the minted to exact specifications and are the official silver bullion coin of the United States. Each coin contains at least one troy ounce of 99. 9% pure silver.

Allowed in IRA investment accounts, the American Silver Eagle can help investors seeking long term stability to diversify their portfolio. This is yet another reason why these coins are sought after. The prices and value of these coins are based on market value of silver and a premium to include distribution and minting costs.

The American Silver Eagle coin comes in 3 distinct versions. The first version of these coins is called the regular bullion version. This type is available from authorized bullion dealers and coin dealers. Another version is called the collectible proof version. This version is minted each year right from the United States Mint. These come with a case and a certificate proving authenticity. The final version is the uncirculated or burnished version. The uncirculated is the most recent and carries the "W" mark and is branded on burnished specialty coin blanks.

The American Silver Eagle coins are a favorite among precious metal investors and coin collectors. These are very easy to buy and sell at most coin, precious metal and brokerage companies. Collectors tend to collect theses coins by their series dates, often assembling collections of the entire series run.

The American Silver Eagle coins are wonderful investments and are excellent collectibles. They are well worth the cost both now and into the future. - 29969

About the Author:

Sign Up for our Free Newsletter

Enter email address here