Mints – My Most Valuable Tips
June 20, 2019
Learning More about the American Silver Eagle
On November 24, 1986, the United State Mint first introduced to the masses the American Silver Eagle. As a matter of fact, this struck at just one-troy ounce size which has an equivalent value of one dollar and guaranteed to have one troy ounce of 99 percent pure silver.
If you wish to discover more about American Silver Eagle, I encourage you to keep on reading.
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. In addition to the bullion versions, there are also proof versions as well as uncirculated versions that are produced by the United States Mint especially for collectors. Because of this, the Silver Eagle has three mints and these include San Francisco Mint, Philadelphia Mint and West Point Mint. Fact is, for anyone who owns the bullion coin, they can use it for funding Individual Retirement Account investments.
Design of the coin is one of the many things that you ought to learn from it. The design of the coin was derived from Walking Liberty by Adolph A. Weinman which had been used initially on Walking Liberty Half Dollar Coin of the US starting from 1916 until 1947. Due to the reason that this design becomes so iconic and accepted by the public, it is not a shocking suprirse that it has been revived several years later. Obverse is inscribed along with the minting or the year of issuance and the phrase “In God We Trust” and the word Liberty.
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. And on top of the eagle is the 13 Colonies which is represented by the 35-pointed stars. One Dollar.
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.
Of course, it’s safe to say that there are many more things that should be discussed and learnt 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 way, you’ll be better equipped with the knowledge on how to acquire this and on where it can be best used. Furthermore, research can maximize the benefits and uses of it.