The American Silver Eagle – A Favorite With Collectors and Investors

April 10, 2011 · Posted in Collecting Silver Eagle Proof Coins · Comment 

The American Eagle is the emblem of the United States of America with its great strength and majestic beauty symbolizing freedom. Whether soaring above towering mountains and canyons or gliding through picturesque valleys at one with Nature, the eagle has unlimited freedom. The Eagle appears in the Seals of many States, on most US gold and silver coinage, and it is used for decorative patriotic purposes.

The American Silver Eagle is the Official Silver Bullion coin of the USA initially released by the US Mint on November 24, 1986. It is guaranteed for weight, content and purity to contain one troy ounce of.999 pure silver with an actual composition of 99.93% silver and 0.07% copper. It weighs 31.101 grams (1.000 ounces), has a diameter of 40.6 mm (1.598 inches) and is 2.98 mm (0.117 inches) thick with a reeded edge.

Originally issued as an investment coin there are three versions:

1. Bullion: A bullion coin is valued by its weight in a specific precious metal and is sold through authorized coin and bullion dealers. The American Silver Eagle bullion coin an accepted by Individual Retirement Account investments.  
2. Proof: This is the collectible proof version available in perfect grades directly from the US Mint and carries a "P" (proof) mark.  
3. Uncirculated: This recent minting is the uncirculated collectible, hand-loaded into the coining press, struck on specially burnished blanks and carries the "W" mark of the United States Mint at West Point.   

The American Eagle is the largest silver dollar ever issued by the U.S. Mint and is highly prized for its beauty and silver content. The obverse design comes from the popular "Walking Liberty" design by Adolph A. Weinman originally used on the 1916 to 1947 United States' half-dollar coin. It has the official motto "In God We Trust"with the word LIBERTY around the out top half and the year of issuance. The reverse designed by John Mercanti depicts a heraldic eagle behind a shield with an olive branch in its right talon and arrows in its left talon. Above the eagle are thirteen five-pointed stars representing the Thirteen Colonies and the motto "E PLURIBUS UNUM" appears with the phrases UNITED STATES OF AMERICA, 1 OZ. FINE SILVER~ONE DOLLAR. The American Eagle is"official legal tender" at face value; however its silver value far exceeds this.

The Silver Eagle is sort after by collectors who collect the series by date. A complete collection must include two key dates. The 1995-W Proof Silver Eagle which was only included in the 1995 Gold Eagle Proof Set and had a minimal mintage of 30,125 coins. The 2006-W Reverse Proof Silver Eagle which was only included in the 2006 20th Anniversary Silver Eagle Set, which was limited to 250,000 sets.

Some bullion or proof issues carry premiums due to lower mintages. A classic example is The Bullion 1996 Silver Eagle which had an extremely low mintage of just 3,603,386 while only 498,293 of the 1996 Proof Silver Eagles were minted. The 1994 Proof Silver Eagle had the lowest series mintage for a standard proof coin of just 372,168.

Silver continues to be a good investment with the ounce price in the new Millennium rising from around the $ US5 in 2000 to over in 2010. Forecasters predicate continuing upward movement driven by the jump in retail demand along with the increase

http://1996silvereagle.net

About the Author

Kenneth Saywell is an Internet Marketer with a Sales and Marketing background living in rural New Zealand. Kenneth looks to connect with positive, motivational and interesting people and through shared experiences grow and realize mutual dreams. Leisure activities include bush walking, philately and genealogy. Find out more at http://kennethsaywell.com


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How Investors Add Value to Their Portfolio With American Eagle Coins

January 16, 2010 · Posted in Collecting Silver Eagle Proof Coins · Comment 

Have you ever held a bag full of coins and felt how heavy this bag was. Well unlike the normal coins there are special coins that investors can make arrangements to buy. These special coins will not make a small money bag feel like it weighs a ton. Instead these coins can add some more value to an investor’s portfolio. These coins are the American Eagle Coins.

These American eagle coins are really very special. Instead of being minted and sold for commercial use the American eagle coins are issued only to authorized dealers for selling purposes. You will be able to find these American Eagle coins at banks, brokerage companies, wholesalers, precious metal firms and other places that have been approved of by the US Mint.

These American Eagle Coins can be found in gold, silver and platinum metals. This means that the quality on these coins is very high. Since these American Eagle Coins are not sold directly to the public but in proof sets, these must be bought at the current prices for gold and the other metals. To make the purchasing weight value the same for each coin these American eagle coins have a specific weight that is standard.

You will be able to buy your American Eagle Coins in one ounce, one-tenth ounce, one-quarter ounce and one-half ounce denominations. With these set weights you will be able to have American Eagle Coins that you can add to your portfolio with no worries about its market value.

There is another name that is given for the American Eagle Coin. It is also called American Eagle Bullion Coins. The program to bring these coins out for investors to add physical amounts of gold and silver into their investments came into being in 1986. At this time the only American Eagle Coins were the gold and silver eagle coins that had at one time been in circulation. The platinum uncirculated American Eagle Coins were brought out into the open 1997.

American Eagle Coins are easily recognizable because of the designs on the face of the coins. Each type of coin will feature the Augustus Saint-Gaudens design of Lady Liberty. And the most expensive of these American Eagle coins are those of the gold Saint-Gaudens 1934 twenty dollar pieces.

The reason for the high value of these American Eagle coins lies in the presidential decree of 1934 that banned the use of all forms of gold bullion. And since the twenty dollar American Eagle coins were made from gold they were immediately recalled and melted down. A few however, escaped this fate and survived in the world hunted by every avid coin collector.

The long and short of it though, is that it doesn’t matter if you never get the chance to see the 1934 gold Saint-Gaudens coin. What does matter is that you learn to properly recognize and value the American Eagle coins that you do have in your possession and to keep them safe.

Muna wa Wanjiru is a web administrator and has been researching and reporting on internet marketing for years. For more information on American Eagle coins, visit his site at American Eagle coins

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