Out of all the precious metals, silver has historically been the most affordable of them all. The year 2008 showed a strong want for silver and that has continued into 2009. Because of this strong demand for silver, the American Silver Eagles has enjoyed a huge surge increase in demand and the prices are reflecting as such.
Officially, the Silver Eagle is the silver coin of the United States, the American Silver Eagle was released to the public back in November of'86. As a coin that has been given its authorization by Congress, the weights and purities of these coins are guaranteed entirely by the United States Government. Each of these coins comes with a thickness of 2. 98 mm and each coin is guaranteed to contain at least 1 troy ounce of 99. 9% pure silver.
The design on these coins is taken from the "Walking Liberty" design used by Adolph A. Weinman. This same design was originally used on a half dollar from'16 through'47. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in'86. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
Three different mints are responsible for producing the Silver Eagles. Each separate mint has their own stamp that is placed on the coins making it able to be known where they were created. The San Francisco Mint shows the "S" mint mark, the West Point, NY Mint shows the "W" mint mark and the Philadelphia Mint uses the "P" mint mark.
These coins, if they were to be used as currency, have a monetary value of one dollar. They are worth much more than that though. The condition of your coin, the grade coin and the year is was minted will all play into what the coin is worth. On the stock market, the values are calculated on the market value of silver with and additional cost to cover minting and distribution charges.
The American Silver Eagles can be purchased at numerous places. They can be bought directly from the United States Mint. They can be bought at numerous websites and they can also be purchased through a silver and/or a precious metals dealer. In addition to purchasing your coins there, you can also sell your coins for a profit at these places.
American Silver Eagles are a treasured silver coin in the United States and because of the demand for them, the will make great gifts and investments that will pay off in the future. - 32532
Officially, the Silver Eagle is the silver coin of the United States, the American Silver Eagle was released to the public back in November of'86. As a coin that has been given its authorization by Congress, the weights and purities of these coins are guaranteed entirely by the United States Government. Each of these coins comes with a thickness of 2. 98 mm and each coin is guaranteed to contain at least 1 troy ounce of 99. 9% pure silver.
The design on these coins is taken from the "Walking Liberty" design used by Adolph A. Weinman. This same design was originally used on a half dollar from'16 through'47. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in'86. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
Three different mints are responsible for producing the Silver Eagles. Each separate mint has their own stamp that is placed on the coins making it able to be known where they were created. The San Francisco Mint shows the "S" mint mark, the West Point, NY Mint shows the "W" mint mark and the Philadelphia Mint uses the "P" mint mark.
These coins, if they were to be used as currency, have a monetary value of one dollar. They are worth much more than that though. The condition of your coin, the grade coin and the year is was minted will all play into what the coin is worth. On the stock market, the values are calculated on the market value of silver with and additional cost to cover minting and distribution charges.
The American Silver Eagles can be purchased at numerous places. They can be bought directly from the United States Mint. They can be bought at numerous websites and they can also be purchased through a silver and/or a precious metals dealer. In addition to purchasing your coins there, you can also sell your coins for a profit at these places.
American Silver Eagles are a treasured silver coin in the United States and because of the demand for them, the will make great gifts and investments that will pay off in the future. - 32532
About the Author:
Samuel Sterns writes informative articles about collecting and investing in Silver Proof Coins, which includes hard to find Silver Proof Eagles for silver bullion enthusiasts.
