The American Silver Eagle Coin is a fantastic coin in general, whether you are a dedicated collector or a novice. This is truly a coin that should be owned by every collector. The American Silver Eagle Coin, originally produced in the mid 1980’s, is designed with incredible attention to detail. The front of the coin contains Adolf Weinman’s Walking Liberty design, while the back displays the Heraldic Eagle and Shield by John Mercanti. The coin is offered in only one denomination; $1. Each coin contains exactly one troy ounce of 99.9% pure silver, and measures 1.598 inches in diameter. The fact that it is 99.9% pure silver adds much value to the coin as the cost of precious metals has been skyrocketing ever since the recession started, and there is no end to the rise in sight.
To date, the American Silver Eagle coin has been produced in 3 separate forums: the burnished version, the uncirculated bullion, and the collectable proof. Each different type of coin has its own monetary value, but each generally goes for $20-$100 or more. Obviously prices vary depending on the year, condition, and a number of other factors, but suffice it to say that these coins are not cheap, especially if you find a special release version, which are even more expensive. These coins, such as the 1995-W Proof Silver Eagle, which was only produced about 30,000 times, and the 2006-W Reverse Proof Silver Eagle, make a perfect addition to any collector’s portfolio. The American Silver Eagle Coin is considered by most to be the #1 collection coin in the United States.
The American Silver Eagle coin is made up of one ounce of silver. This coin is also bullion, so it is measured by its weight. Therefore, it is highly sought-after by people wanting to counter inflation. With a changing economy such as todays, it is a great idea to put your money in to real, tangible currency such as gold or silver, instead of numbers on a screen or sheets of paper. With gold values soaring and the dollar dropping, many are looking to other precious metals, primarily silver, to put their money in to. Whether you are a collector or an investor (or both), you will find that this coin is a perfect addition to your collection/financial portfolio. This coin is still valued at $1, and it really is a coin that is artistic and practical at the same time.
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