What’s the American Silver Eagle?
The American Silver Eagle was first introduced by United State Mint on the 24th of November, 1986. 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.
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. Aside from the bullion version, the United States Mint produced proof version and uncirculated versions for collectors. Because of this, the Silver Eagle has three mints and these include 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.
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 along with the minting or the year of issuance and the phrase “In God We Trust” and the word Liberty.
Then again, John Mercanti has presented a reverse design which portrays heraldic eagle behind a shield. The eagle holds arrows in the left talon and olive branch on its right talon, echoing the Great Seal of US. Just above the eagle, you’re going to find 35-pointed stars which represent the 13 Colonies. Reverse inscribed with following phrases United States of America, 1oz Fine Silver
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. 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. 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.
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