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A Brief History of American Silver Eagle

The American Silver Eagle was first introduced by United State Mint on the 24th of November, 1986. 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.

If there’s one thing that you should know, it is that the weight, purity and content can be certified only by the United States Mint. In addition to the bullion versions, there are also proof versions as well as uncirculated versions that are produced by the United States Mint especially 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.

Design of the coin is one of the many things that you ought to learn from it. 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. Since this design has become iconic, became a public favorite and beloved design of any US coinage of the contemporary time, it’s revived for Silver Eagle a few decades 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. On the left talon of the eagle, you’ll find that it is holding arrows while on the right are where the olive branch rests that also echoes the Great Seal of US. Above the eagle, you’ll find the 35-pointed stars that represent the 13 Colonies. One Dollar.

The legislation for American Silver Eagle bullion program stipulated that the silver used to mint the coins be acquired only from Defense National Stockpile together with the intent of depleting the stockpile’s silver holdings from time to time in the coming years.

Actually, there are more things that should be discovered 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.

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