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A Brief History of American Silver Eagle

On November 24, 1986, the United State Mint first introduced to the masses the American Silver Eagle. The truth is, it’s just at one-troy ounce size for this coin and at the same time, has a value of one dollar and sure to have one troy ounce of pure silver.

If you wish to discover more about American Silver Eagle, I encourage you to keep on reading.

Only the United States Mint can certify the weight, purity and content. Aside from the bullion version, the United States Mint produced proof version and uncirculated versions for collectors. That being said, you will find three different mints for the Silver Eagle which are San Francisco Mint, Philadelphia Mint and West Point Mint. Truth is, for those who have a bullion coin, they can make use of it for funding Individual Retirement Account investments.

Basically, there are so many things that you have to learn from the coin and one of this is the design. Adolph A. Weinman’s Walking Liberty was the basis of design for the coin which was intended primarily for the Walking Liberty Half Dollar Coin from 1916 to 1947. Due to the reason that this design becomes so iconic and accepted by the public, it is not a shocking suprirse that it has been revived several years later. The obverse is inscribed w/ the year of issuance or minting, the word Liberty and phrase “In God We Trust”.

Then again, a reverse design is presented by John Mercanti that is portraying heraldic eagle behind the shield. The eagle holds arrows in the left talon and olive branch on its right talon, echoing the Great Seal of US. Just above the eagle, you’re going to find 35-pointed stars which represent the 13 Colonies. One Dollar.

The legislation authorized for American Silver Eagle bullion program stipulates that all silver used for minting the coins shall be acquired from Defense National Stockpile along with the intention of depleting the stockpile’s silver holding slowly for the subsequent years.

Of course, it’s safe to say that there are many more things that should be discussed and learnt from American Silver Eagle. It is ideal if you are going to allot a few moments of your time to read more about this subject if you’re one of those who wish to expand their knowledge. This way, you’ll be better equipped with the knowledge on how to acquire this and on where it can be best used. Besides doing research can help in fully maximizing its benefits and uses.

Resource: Bonuses

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