What No One Knows About Mints

What’s the American Silver Eagle?

The American Silver Eagle was first introduced by United State Mint on the 24th of November, 1986. The truth is, it’s just at one-troy ounce size for this coin and at the same time, has a value of one dollar and sure to have one troy ounce of pure silver.

I encourage that you keep reading if you would like to discover more.

If there’s one thing that you should know, it is that the weight, purity and content can be certified only by the United States Mint. Furthermore, the United States Mint has a special version of the coin that are intended only for collectors and these are proof version and uncirculated version. That being said, you will find three different mints for the Silver Eagle which are San Francisco Mint, Philadelphia Mint and West Point Mint. Believe it or not, those who currently own a bullion coin can utilize it to fund their Individual Retirement Account investments.

There are basically a lot of things you should learn from the coin and among it is the design. Adolph A. Weinman’s Walking Liberty was the basis of design for the coin which was intended primarily for the Walking Liberty Half Dollar Coin from 1916 to 1947. Because this design becomes iconic and has been a public favorite as well as beloved design of US coinages of modern time, it is not a surprise that it’s revived for Silver Eagle few years later. Obverse is inscribed together with year of issuance or minting the word Liberty as well as the phrase “In God We Trust”.

Then again, a reverse design is presented by John Mercanti that is portraying heraldic eagle behind the shield. The eagle holds arrows in the left talon and olive branch on its right talon, echoing the Great Seal of US. Above the eagle, you’ll find the 35-pointed stars that represent the 13 Colonies. One Dollar.

The legislation authorized for American Silver Eagle bullion program stipulates that all silver used for minting the coins shall be acquired from Defense National Stockpile along with the intention of depleting the stockpile’s silver holding slowly for the subsequent 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. This is going to help you in learning where to acquire it and how to use it. Besides doing research can help in fully maximizing its benefits and uses.