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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.
The weight, purity and content are all certified by none other than, United States Mint. 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.
Design of the coin is one of the many things that you ought to learn from it. Truth is, the coin’s design was taken from Walking Liberty by Adolph A. Weinman which had been originally used on Walking Liberty Half Dollar Coin of the US 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, John Mercanti has presented a reverse design which portrays heraldic eagle behind a shield. On the left talon of the eagle, you’ll find that it is holding arrows while on the right are where the olive branch rests that also echoes the Great Seal of US. And on top of the eagle is the 13 Colonies which is represented by the 35-pointed stars. Then as you check on the back, you’ll find inscribed saying 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. It is ideal if you are going to allot a few moments of your time to read more about this subject if you’re one of those who wish to expand their knowledge. 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.