American Silver Eagles - A Great Investment
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 1986. 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 1916 through 1947. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in 1986. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
American Silver Eagles are produced at 3 different mints. Each mint has their own mark that is placed on each coin to let the consumer know where the coin originated from. The Philadelphia Mint has the mint mark "P", the San Francisco Mint has the mint mark "S" and the West Point, NY Mint has the mint mark "W."
These coins are not typically used as money but if they were, they would only have a one dollar value. These coins are used and held more for their investment value. There are many factors that go in to the true value of each coin such as condition, grade and year of minting. To know the true value, a professional dealer would need to look over your coins and value them accordingly.
American Silver Eagle silver coins can be purchased at many different places. The United States Mint will sell them directly to the public. Many websites online are devoted to precious metals and coins and they can be purchased there as well. Another venue for to purchase coins is through a precious metals dealer and broker.
The American Silver Eagle coin is a loved and cherished coin by many and is an excellent investment. These coins have seen a surge in value and price and that trend seems to be continuing. - 23162
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 1986. 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 1916 through 1947. The half dollar was then retired and the design was brought back to be used for the Silver Eagle in 1986. This design was chosen because it was a beloved by many and they wanted to continue its legacy.
American Silver Eagles are produced at 3 different mints. Each mint has their own mark that is placed on each coin to let the consumer know where the coin originated from. The Philadelphia Mint has the mint mark "P", the San Francisco Mint has the mint mark "S" and the West Point, NY Mint has the mint mark "W."
These coins are not typically used as money but if they were, they would only have a one dollar value. These coins are used and held more for their investment value. There are many factors that go in to the true value of each coin such as condition, grade and year of minting. To know the true value, a professional dealer would need to look over your coins and value them accordingly.
American Silver Eagle silver coins can be purchased at many different places. The United States Mint will sell them directly to the public. Many websites online are devoted to precious metals and coins and they can be purchased there as well. Another venue for to purchase coins is through a precious metals dealer and broker.
The American Silver Eagle coin is a loved and cherished coin by many and is an excellent investment. These coins have seen a surge in value and price and that trend seems to be continuing. - 23162
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.

