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American Silver Eagles
2020 1 oz Silver American Eagle Coins (BU)
$23.57 As low as $23.12
1994 1 oz Silver American Eagle Coins
$45.12 As low as $44.62
Silver American Eagles
The American Silver Eagle is the official silver bullion coin of the United States. It is certified under the Liberty Coin Act of 1985, and more than 300 million American Silver Eagle coins have been sold to date. If you’re interested in expanding your portfolio to include silver, these coins are one of the safest investment options, because their design is recognized worldwide, and, therefore, they are highly liquid and easy to trade.
To many, silver and other precious metals are a viable investment option because the U.S. economy is still fairly volatile, making the U.S. dollar unpredictable. The value of silver, however, has historically continued to hold its value well despite the economy. It’s also a commodity that is in high demand, because there is a limited supply. If you’re interested in investing in silver, take a look at brilliant uncirculated American Silver Eagles. They’re one of the most popular investment options available to those seeking physical silver.
History of the American Silver Eagle
American Silver Eagles were first produced in 1986 and are still in being minted today; however, production peaked by the U.S. Mint in 1987. The initial intent was to add an abundance of silver into circulation. Now, millions of American Silver Eagles are released by the U.S. each year. The only significant change to the design of the coin happened in 2008, but older coins are typically seen as more valuable. As one of the most widely traded coins in the world, the American Silver Eagle is an excellent option when it comes to silver.
There are three U.S. mint locations where American Silver Eagles have been produced: the San Francisco Mint, the Philadelphia Mint, and the West Point Mint. The first American Silver Eagles were made at the San Francisco Mint. Now, most silver coins are produced at the West Point Mint. Several special issues of the coin were created, including a bicentennial version in 1993 and a Millennium addition in 2000.
Brilliant Uncirculated (BU) vs. Certified American Silver Eagles
Brilliant uncirculated (BU) coins come in their original packaging from the Mint. They are guaranteed to be in pristine shape because they’ve never been touched by human hands. Certified coins have been previously owned and are subject to grading based on their condition. Certified coins are more appealing to collectors, while brilliant uncirculated coins are more appealing to investors. Certified coins in outstanding shape tend to have the most value.
Investors like BU coins over circulated ones because their value is more predictable, and they are easier to trade. However, another deciding factor is that brilliant uncirculated coins come at a discount if you buy in bulk monster boxes.
Design of the American Silver Eagle
American Silver Eagle coins have a classic, yet modern, design. The front features a rendition of Adolph A. Weinman’s 1913 Walking Liberty design that symbolizes freedom. Lady Liberty holds the American flag as she heads toward the rising sun. Inspiration for the design came from the Walking Liberty Half Dollar that was created almost one century earlier. All of the coins have the text, “In God We Trust,” and “Liberty.” They also feature the year they were issued.
The back side of the coin has a heraldic eagle designed by John Mercanti. The eagle appears regal as he clutches a shield against his chest and arrows in his claws — a true symbol of war and peace. There are also 13 stars representing the 13 original states. The text on the back of the coin reads “United States of America,” “One Dollar,” and “1 oz. Fine Silver.”
Mint Packaging Options for Silver Eagle Coins
Most American Silver Eagles are bullion coins, but some are Proof. Proof coins are rarer and more desirable to collectors. The difference is that the Proof coins were struck twice, giving them a finer detail and shine. Additionally, older coins are worth more money because of their collector value.
American Silver Eagles come in 99.9 percent pure silver in 1 troy oz. However, there are several packaging options, such as 20 coin tubes and 500 coin monster boxes. When buying in bulk, investors often prefer to purchase one of these options as they are both mint-sealed, meaning all the coins contained within them have never been touched by human hands. Tubes and Monster Boxes are also convenient for storing the coins, being easily stacked atop one another and keeping the coins well protected.
American Silver Eagles are one of the most reliable sources of silver because they are certified by the U.S. Mint and widely recognized. That’s why they are a great asset to add to your portfolio. Silver.com offers American Eagle Silver coins at the most competitive prices possible. Ordering is easy and secure and shipping is always inexpensive.