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American Silver Eagle Coin

American Silver Eagle Coin

Coins have been around for thousands of years, and have played a significant role in societies all over the world. Coins are most commonly used as a form of payment, as a result, they have become part of the biggest events throughout all history. Often times coins are decorated with faces, places, or phrases that are significant to that coins country of origin. Coins are time travelers minted in a far away time. They can be more than just payment, they can be a piece of history that finds itself in the palm of your hand. One silver coin in particular whose home is the united states, carries an interesting history with it. This coin is the American Eagle silver coin.

front view American silver eagle coin

On November 24, 1986 the American silver bullion coin was born. This silver coin was first minted all the way in the San Francisco U.S. mint. The Coin has since been minted in the Philadelphia Mint and West Point. This American Eagle coin is only made in the one-troy ounce size and carries a face value of one dollar. The American Eagle Silver Coin is guaranteed to contain one troy ounce of 99.9% pure silver. The value of the American Eagle coin is mostly symbolic. The coin has a face value of one dollar but are traded based on the market rate for silver. Their market value is often much higher than their face value making these coins a great investment. The value of each coin is also raised by things such as the year it was minted and the mint marks on the coins. Your one dollar investment can turn into much more if you know what to look for!

You don’t have to be an expert to know that having a little silver is never a bad idea. Investing in real silver is unlike investing in paper bonds , certificates, or future contracts. Owning silver means you own hard assets unlike paper bonds or stocks. Owning physical silver means that you have no default risk. The same cannot be said for almost any other investment you can make. Investing in silver can protect you against depreciation. The easiest way to buy into this investment is to buy silver coins. The American Eagle silver bullion coin will always hold its value even if paper money doesnt. Now these great adventurers, known as coins, who travel from person to person and place to place can be more than just money they can be an investment in a secure future.

American Silver Eagle Specifications

  • Denomination: 1 US dollar
  • Precious metal: silver
  • Metal purity: 99.9%
  • Weight: 31.1035 grams equaling 1 troy ounce
  • Diameter: 40.60 mm
  • Thickness: 2.98 mm
  • Minted since: 1986

gold nugget value in comparison with silver eagle coins

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