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In the past, silver has been the most affordable of all the precious metals. Because of this, there is a huge demand for silver and it trades well on the stock market and also sells well for a nice profit. Because of silver and its popularity, American Silver Eagles have seen a huge surge in demand and sales have gone way up.

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 that is used on the American Silver Eagle is a design that has been used in the past. From’16 -’47, a half dollar has a design on it called “Walking Liberty” by Adolph A. Weinman. This design became so famous and so loved that when the American Silver Eagle was being designed, it was decided to use the “Walking Liberty” image again. The original design has been used ever since.

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.

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.

Samuel Sterns writes articles about investing in and collecting Proof Silver Coins, including hard to find Silver Proof Eagle Coins for numismatists.

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