American Silver Eagles - An Excellent Investment

By Samuel Sterns

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.

The American Silver Eagles are the official bullion coin of the United States. These coins were first released in'86 on November 24th. These coins are authorized to be minted by Congress and the weight and purity of every coin has the guarantee from the United State Government. A guarantee that each coin comes with is that it will contain at least 1 troy ounce of 99. 9% pure silver. Also, each coin has a thickness of 2. 98 mm.

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.

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.

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. - 31405

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