Silver Eagles
The American Silver Eagles are the official United States silver bullion coin. The series began in 1986 and continues in this year. Throughout the years the coins have maintained their popularity among collectors and investors. The silver bullion coins are not sold by the mint, but offered to the public through direct distributors. The American Silver Eagle weighs one troy ounce of .999 pure silver, carries a denominational value of $1, and is backed by the US government. The Brilliant Uncirculated American Silver Eagles are pristine with a delicately frosted finish.
Design of the American Silver Eagle
The Walking Liberty is a well-known image in the American culture. The design that coin collectors and history aficionados connect to this image is usually of the Walking liberty half-dollar that was in circulation from 1916-1947. This iconic image's credit goes to Adolph A. Weinman, an American sculptor born in Germany. Weinman's other works are still scattered throughout the US since they represent tons of US history. Another familiar design of his is the Mercury dime, which is mainly traded nowadays for its silver content. Weinman's liberty resembles a Grecian goddess, a tall and thin figure clothed in a loose-fitted robe. She has been used as a symbol of hope and bravery for many years and still is the main symbol of freedom.
For new investors, Silver Eagles represent a great way to invest in silver. The easily recognizable US coins are extremely easy to buy and sell as they are recognized by any reputable dealer. They also simplify the buying process since they consist of one pure ounce of silver which is how the spot silver price is displayed. Although premiums for coins can be a bit higher than silver bars, they also carry a better resale value when it comes time to sell. This, coupled with the fact that they are acceptable in a precious metals IRA account make silver eagles an obvious choice for investors.