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Learning More about the American Silver Eagle

The American Silver Eagle was first introduced by United State Mint on the 24th of November, 1986. Whether you believe it or not, this struck at one-troy ounce size which is basically an equivalent value of 1 dollar and guaranteed to have one troy ounce of 99% 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. Because of this, the Silver Eagle has three mints and these include 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.

There are basically a lot of things you should learn from the coin and among it is the design. Truth is, the coin’s design was taken from Walking Liberty by Adolph A. Weinman which had been originally used on Walking Liberty Half Dollar Coin of the US 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. 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. And on top of the eagle is the 13 Colonies which is represented by the 35-pointed stars. 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.

There are actually a lot more things that have to be learnt from the American Silver Eagle. If you are among the people interested about this, then it is strongly recommended that you take the time to read more about this subject. Through this, you can be equipped better on how you can acquire this and where it could be used. You’d learn a lot from the uses and benefits of it by doing research.