American Silver Eagles - An Investment Worth The Price
View PDF | Print View | View HTML
by: Matthew Douglas
Total views: 0
Word Count: 412
Date: Mon, 9 Nov 2009 Time: 10:01 AM
0 comments
Related Videos
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 1986, 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.
These are the only coins whose weight and purity that the U. S. Government guarantees. The design is based on the 1916 half dollar from Adolph Weinman known as the "Walking Liberty." This Weinman coin is another coin that was minted by the United States from 1916 - 1947. This coin is valued at 50 cents and has Weinman's "AAW" mark appearing on the back side under the eagle's feathers on its wing.
The weight and purity of these coins has a guarantee by the United States government. The official silver bullion coin of the United States is the Silver Eagle and each coin contains minimally one troy ounce of 99. 9% pure silver per government standards.
These coins are the only type of silver coin allowed in an IRA investment account. The prices of these coins are based off market value for silver plus an additional amount to make sure minting and distribution costs are covered.
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.
American Silver Eagle coins are hugely popular among both coin collectors and precious metal collectors. This coin is referred to as the silver dollar of modern day by many collectors. Series dates are very important and sought after by collectors.
The Silver Eagles are exquisite coins and make wonderful investments and great collectibles. These coins are created with great precision and will definitely pay off in the long run.
Article Source :: Simply Articles
About the Author
Get more information from Matthew Douglas about quality coins from the U.S. Mint, including Silver Eagles and American Silver Eagle Proof Coins.
Rating: Not yet rated
