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Silver American Eagle Coins – Affordable Investments

In: Personal Finance

12 Oct 2009

Throughout its history and into the present day, The United States Mint has always had a reputation for producing coins that were respected worldwide for their beauty and consistent quality. Most of the coins are used everyday as money, but some are made with extra effort, creativity and a high content pure gold, platinum or silver. These collector’s version are the foundation of the Mint’s Eagle Coin Program. One of the most popular coins made is the American Silver Eagle coin.

In 1986, the United States started minting a silver bullion coin they called the American Silver Eagle. This coin is based off of Adolph A. Weinman’s half dollar coin from 1916 called the “Walking Liberty.” This coin was minted by the United States from 1916 – 1947. This coin’s signature was a mark of “AAW” that appears under the eagle’s wing feathers on the back side. This coin has a value of 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.

The Silver Eagle is the world’s most best selling silver coin. Since the first minting, more than 130 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.

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.

There are three versions of the Silver Eagle coin. The first version is the regular bullion version. This version is available from authorized coin dealers and bullion dealers. The second version is the collectible proof. This version is the version available each year directly from the United States Mint. This version comes with a protective case and a certificate of authenticity from the Mint. The third version is the uncirculated or burnished version. This version is the most recent version and has the “W” mint mark and is struck on burnished specialty blanks.

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 and pay off down the road in the future.

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