American Eagle Silver Dollar
- American Silver Eagles
The perfect gift for any occasion, the 2020 American Eagle One Ounce Silver Proof Coin is also a collector favorite. The obverse (heads) features Adolph A. Weinman’s full-length figure of. American Silver Eagle Dollars for Collectors For several decades silver bullion coins have been a staple in both the investment and coin collecting communities. Many of the coins being passed down from generation to generation serving not only as a tangible investment or collectible piece, but also as a cherished, sentimental family heirloom. The American Silver Eagle has a face value of one dollar and contains one troy ounce of.999 fine Silver. Released in 1986, the Silver American Eagle is America’s only official investment-grade Silver bullion coin. It is also the world’s only Silver bullion coin whose weight, content, and purity are guaranteed by the United States Government.
The American silver eagle came along after silver stockpiles teemed with excess at the National Defense Stockpile in the 1970s. With the tens of millions of ounces in stockpiled silver, the United States government began to look for a way to sell off some of its reserves without crashing the price of silver. Despite strong resistance from mining companies and others in the bullion business, Congress began drafting plans in 1982 for new silver coins as part of the strategy for reducing silver stockpiles.
The initial bills drafted died in the House of Representatives. But in 1985 the Liberty Coin Act was passed and signed into law by president Ronald Reagan, ushering in the era of the American silver eagle, a coin that would become one of the most popular silver bullion items ever.
Silver American eagles were first issued on September 1, 1986 as a result of the Liberty Coin Act empowering the Treasury to mint and issue silver bullion coins. Purity is set by law to be 0.999 fine (99.9% pure silver) and weight is stipulated as one troy ounce.
The face value of the American silver eagle is $1 and the Walking Liberty design on the obverse side was borrowed from Adolph A. Weinman's popular Walking Liberty half dollar, which was produced from 1916 through 1947. The reverse of the silver eagle boasts the seal of the United States of America with 13 stars representing the original colonies.
Silver eagles have enjoyed spectacular success with an almost constant increase in mintage year after year. Sales have skyrocketed since the 2008 housing market crash and subsequent financial crisis, leading the U.S. Mint to strike 30 to 50 million American silver eagle coins during a typical year; those figures are several times greater than the average mintages for American silver eagles from anytime in the 1980s and 1990s. While the majority of these mintage figures are comprised of uncirculated or 'bullion' examples of the American silver eagle, these numbers also include special proof silver eagles, which are primarily collected by numismatists.
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American Eagle Gold Dollar
The Silver American Eagle coin is widely considered to be one of the most beautiful coins ever minted, and continues to be one of the most popular investment bullion coins sold today.
Our low prices on American Silver Eagles, whether singles, US Mint Fresh Rolls, or Mint Sealed Monster Boxes, have made us a large dealer in these popular coins. American Eagle Silver Coins contain one ounce of .999 fine silver and are available in bullion, proof or certified collectible investment grades.
American Eagle Silver Dollar 1992
About American Silver Eagles
The Silver Eagle began production in 1986 and was the first silver coin produced by the United States Mint since 1964.The obverse of the Silver American Eagle designed by Adolph A. Weinman features the majestic Lady Liberty walking across the land with a sunrise illuminating her path. She is draped in a gown of stars and stripes and carries a bundle of laurel and oak branches. Also on the obverse are the date of minting and the words 'Liberty' and 'In God We Trust'.
The reverse side of the American Silver Eagle designed by engraver John M. Mercanti features a depiction of a bald eagle, wings outstretched, bearing a shield and E Pluribus Unum banner. The silver eagle holds an olive branch in one talon and a cluster of arrows in the other. Also on the reverse are the words '1 Oz. Fine Silver' 'One Dollar' and 'United States of America'.
American Silver Eagles are eligible to be used as assets in Precious Metals Individual Retirement Accounts (IRAs)