Thursday 17 November 2011

All About US Silver Eagles

EX0-105 US Silver Eagles were authorized by Congress in 1985. In the year 1986, they were first minted. Made up of pure.999 fine silver, they are one of the finest silver ever minted and distributed in the United States. Each coin has one troy ounce of pure silver. Each coin measure 40.6 millimeter in diameter. The coins have a thickness of 2.98 millimeter.


EX0-109 The US Silver Eagles are big and durable. They are one of America's only official investment grade silver coin. They make a worthwhile attachment to any investment portfolio. The design on the front of the coin is based upon the US "Walking Liberty" half dollar. That half-dollar was minted in 1916 by a German immigrant. The reverse side of the coin has a bald eagle and shield. It also has 13 stars. The 13 stars represent the 13 original American Colonies. The 13 colonies are above the eagle's head. It also contains the phrase "United States of America, 1 oz. fine silver-one dollar" along the bottom. The banner that the eagle holds in his beak has the phrase "E pluribus unum."

EX0-104 The US Silver Eagles are minted in New York the West Point facility. The also have been minted at the Philadelphia Mint and San Francisco Mint. It has a face value of one US dollar. They are an affordable way to get started in precious metal investing. It is a sound investment that is backed by the US government. They are available in a bullion version, proof version, and an uncirculated version for coin collectors.

The bullion version does not have any mintmarks. They were once minted at the San Francisco Mint and the Philadelphia Mint. They have only been minted at the West Point Mint since 2001. The proof version or earlier versions have a "S" mintmark because they were minted at the San Francisco Mint from 1986 to 1992. They ones with a "P" mintmark were minted at the Philadelphia Mint from 1993 to 2000. The coins with a "W" mintmark were minted at the West Point Mint from 2001 to 2008. The uncirculated versions have a "W" mintmark and were minted at West Point from 2006 to 2008.

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