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The American Silver Eagle Coin and Why Is It More Precious Than Other Coins by Victor Epand
The United States Mint officially released the American Silver Eagle Coin on November 24, 1986. It is the only eagle coin offered in only one denomination, which is the one ounce size. It has a face value of $1 and is 1.598 inches in diameter.
These rare coins were given a face value of one dollar basically to protect it from various counterfeiting laws and this value was low enough to ensure they would never actually be in market circulation. The one dollar face value also holds sentimental appeal to those who remember the circulating silver dollars of long ago.
The American Silver Eagle coins, which are also known as American Eagle Silver Bullion Coins, are the only official investment-grade silver bullion coins whose weight, content, and purity are guaranteed by the United States Government. The Liberty Coin Act became Public Law: 99-61 on July 9, 1985 and amended federal law to direct the Secretary of Treasury to issue the one dollar silver bullion coins of specified size, weight, design and quantities through the United States Mint.
During the release ceremony for the American Silver Eagle coins on October 29, 1986, the Secretary of the Treasury, James Baker III, stated that these coins would provide investors with high qualities of silver, which will be a source of pride and enjoyment for the owner.
The American Silver Eagle coins contains exactly one ounce of .999 fine silver with an additional 0.0007 copper giving it a gross weight of 31.101 grams, and containing exactly one ounce of silver. The exact quantity and quality published officially give a kind of special guarantee to the buyers.
The legislation that originally authorized the American Gold Eagle coins had omitted any reference to a silver issue. Therein lies the big difference between the two. However, this was ultimately corrected with a second bill passed that same day on December 17, 1985.
Gold coins have always been a favorite of collectors. That attitude is aided by the assurance that gold coins are a sure offset to financial risks and a guarantee against inflation. They will surely increase portfolio returns as well in any market.
Another special characteristic of the Gold Eagle Coins is their artistic beauty and their historical significance. The most valuable gold coins are those minted before 1933. Of them, perhaps the most charming one is the $20 gold Double Eagle, first minted in 1907.
Now let us look at the peculiarities of American Platinum Eagle Coins. Their features are changed every year and as a result of these changes the design shows an entirely new look. The design we find on the reverse side is different in certain respects from the one on the obverse.
The wonderful platinum coins have been designed by John M Mercanti. On every such coin we find the inscription "Liberty" and the motto "In God We Trust." These are found on both sides and the date too is provided. There have been special series like the "Vistas of Liberty" series of 1998-2002.
Have you not compared the special features of the silver coins with two other famous coins? Now the decision is yours. Make sure that you go for quality and artistic value.
Victor Epand is an expert consultant about rare coins, stamp collections, and rare collectibles. Follow these links to find the best marketplace for: rare coins, collectibles, and american eagles.
Article Source: http://www.earticlesonline.com/Article/The-American-Silver-Eagle-Coin-and-Why-Is-It-More-Precious-Than-Other-Coins/369476
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Silver Tone US Eagle Dollar $1 Coin 3 Stages Pieces Large Pollen Spice Herb Mesh Grinder 54 Teeth !
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DescriptionYou are buying a Large Silver Dollar Design Herb Spice Grinder With Pollen Catcher. Included: One piece Herbal Spice Grinder with a gift box. Size: Diameter 2 1/8" x H 1 1/2" (5.5 x 3.8 cm) Weight:Appr 0... |
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Dollar
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DescriptionWith a distinct, identifiable vocal snarl and the ability to write songs without constantly using half a dozen Music Row collaborators, Alabama native Jamey Johnson forcefully asserts his neotraditional bent on "The Dollar," a beautifully crafted high-impact cautionary about the modern conundrum of work versus family... |
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Case 2011 Silver Eagle Canoe/Silver Eagle Dollar Set
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DescriptionCase 2011 collectible Silver Eagle Set contains 62131SS pattern Canoe folding knife. 3 5/8 inches closed length. Surgical stainless spear and pen blades. Rogers jigged sky blue bone handles with nickel silver bolsters and inlay shield... |
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1921 Morgan Silver Dollar
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Description1921 Morgan Dollar. Philadelphia Mint. Last issue of this design. |
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Walking Liberty Half Dollar
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DescriptionWalking Liberty Half Dollar |
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2007 George Washington Presidential $1 Coin - First President, 1789-1797
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Description2007 George Washington Presidential $1 Coin - First President, 1789-1797. |
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Silver Star Eagle Silver Dollar Money Clip
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DescriptionThe Silver Star Eagle Silver Dollar Money Clip is a miniature work of art. Each is delicately hand-painted and fired by a family of artisans. Protected with layers of clear resin that also add depth and luster, the Silver Star Eagle Silver Dollar Money Clip will be treasured for many years to come... |
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DescriptionEach one of these new un-circulated U.S. Eisenhower dollar (eagle side) coins (minted 1971 - 1978) is first layered in pure Bright Silver. Then the figures of each are highlighted and brought to life with rich pure 24K Gold & Pure Silver (this gold & Silver work is done by hand)... |
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32FMC - 2-Toned Gold on Silver Old U.S. Walking Liberty (Eagle side) half dollar (Folding) Money clips
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DescriptionEach one of these old extremely fine condition U.S. Silver Walking Liberty half dollar (eagle side) coins (minted 1916 - 1947) is first layered in pure Bright Silver. Then the figures of each are highlighted and brought to life with rich pure 24K Gold (this gold work is done by hand)... |
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PAN AMERICAN .999 Pure Silver: 1 Troy Ounce Bullion Bar NWT Mint
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DescriptionThis is a 1 Troy Ounce bar of Pan American .999 PURE silver. Silver is an excellent investment (if it's pure) because no matter how much value the American dollar loses, silver will hold its value as precious and desired commodity... |
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John K. Nakata 'Silver Eagle Dollars' Metal Framed Art Print $150.99 Artist: John K. NakataTitle: Silver Eagle DollarsProduct type: Framed print |
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John K. Nakata 'Silver Eagle Dollars' Wood Framed Art Print $170.99 Artist: John K. NakataTitle: Silver Eagle DollarsProduct type: Framed print |
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American Silver Eagle and Walking Liberty Half Dollar $219.99 Beautiful coin set is a must-have for any collectionCollectible set features the American Silver Eagle dollar and a Walking Liberty Silver half dollarBrilliant collection makes a great gift for expert or novice coin collectors |
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