What’s the American Silver Eagle?
The American Silver Eagle was first introduced by United State Mint on the 24th of November, 1986. As a matter of fact, this struck at just one-troy ounce size which has an equivalent value of one dollar and guaranteed to have one troy ounce of 99 percent 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. 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.
Basically, there are so many things that you have to learn from the coin and one of this is the design. The design of the coin was derived from Walking Liberty by Adolph A. Weinman which had been used initially on Walking Liberty Half Dollar Coin of the US starting from 1916 until 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”.
John Mercanti has his own input for the reverse design that portrays a heraldic eagle behind the shield. The eagle is holding arrows in its left talon and olive branch in its right, which echoes the Great Seal of US. Above the eagle, you’ll find the 35-pointed stars that represent the 13 Colonies. Reverse inscribed with following phrases United States of America, 1oz Fine Silver
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. If you are one of the people who have serious interest for this, then it is best that you take some 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. Besides doing research can help in fully maximizing its benefits and uses.
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