Silver Eagle
4/6/2022 admin
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The Silver Eagle Bar & Grill has been serving great food and drinks in Monona for over 30 years! Whether you are looking for a great lunch or dinner option, our kitchen will not disappoint! Silver Eagles The American Silver Eagle is legal tender in the United States, and is the official silver bullion coin of the U.S. The Silver Eagle has a face value of one dollar, but is independently traded on its silver content and rarity. American Eagle Bullion Coins provide investors with a convenient and cost effective way to add a small amount of physical gold, silver, platinum, or palladium to their investment portfolios. The gold bullion coins are available in four sizes: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce.
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The Silver American Eagle coin is widely considered to be one of the most beautiful coins ever minted, and continues to be one of the most popular investment bullion coins sold today.
Our low prices on American Silver Eagles, whether singles, US Mint Fresh Rolls, or Mint Sealed Monster Boxes, have made us a large dealer in these popular coins. American Eagle Silver Coins contain one ounce of .999 fine silver and are available in bullion, proof or certified collectible investment grades.
About American Silver Eagles
The Silver Eagle began production in 1986 and was the first silver coin produced by the United States Mint since 1964.The obverse of the Silver American Eagle designed by Adolph A. Weinman features the majestic Lady Liberty walking across the land with a sunrise illuminating her path. She is draped in a gown of stars and stripes and carries a bundle of laurel and oak branches. Also on the obverse are the date of minting and the words 'Liberty' and 'In God We Trust'.
The reverse side of the American Silver Eagle designed by engraver John M. Mercanti features a depiction of a bald eagle, wings outstretched, bearing a shield and E Pluribus Unum banner. The silver eagle holds an olive branch in one talon and a cluster of arrows in the other. Also on the reverse are the words '1 Oz. Fine Silver' 'One Dollar' and 'United States of America'.
American Silver Eagles are eligible to be used as assets in Precious Metals Individual Retirement Accounts (IRAs)
American Silver Eagles are composed of .9993 silver and .0007 copper and are relatively large coins measuring 40.6 mm in diameter. Bullion (business strike) Silver Eagles can be purchased in single quantities or tubes of 20 as well as mint sealed monster boxes of 500 coins.
American Silver Eagles
The American Silver Eagle is one of the most widely recognized and respected coins in the world today. Silver Eagles come in various forms. These forms are bullion and proof coins, as well as uncirculated and certified versions. Silver eagles have an interesting and rich history. The coins were originally thought up in order to release a large amount of silver to the public.
Since 2000, the amount of Silver Eagles produced by the U.S. Mint has increased consistently. While during the 1980s the mint would produce 5 to 10 million Silver Eagles per year, by 2008 the mint produced 20 million Silver Eagles, in 2009 they produced 30 million Silver Eagles and in 2010 the mint made 34 million Silver Eagles. The last several years have seen turbulence in global markets. These issues include but are not limited to the U.S. housing and mortgage crises, The European Union sovereign debt crises and several other issues. This economic uncertainty has likely helped drive demand for American Silver Eagles and other forms of bullion.
Types of Silver Eagles
American Silver Eagles carry a face value of $1 and are good, legal tender. Most American Silver Eagles bought are the uncirculated type. Silver Eagles contain 1 troy ounce of .999 percent fine silver. Though the BU bullion version tends to be the most common, there are also many variations of the coin.
BU Coins
Brilliantly Uncirculated (BU) means that the coin has come directly from the mint in sealed packaging and has never been used as currency. Thus, the coin has had little to no contact with human hands. These uncirculated Silver Eagle coins carry a relatively small premium over the spot silver price also adding to their popularity. Silver Eagles can often sell for less than $2.50 over the spot silver price.
Proof Coins
Silver Eagle proofs are a bit different. These proof coins are struck multiple times giving the coin a very shiny luster. Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. In fact, it is not uncommon for silver eagle proofs to sell for $40 or more over the current spot silver price.
Certified Coins
Certified silver eagles are silver eagles that have been handled or circulated but have been sent in to a grading company to be certified. The grading process assigns a grade to the coin based on multiple factors including scarcity, condition and more. The grading company certifies the authenticity and grade of the coin and then sends the coins back out. These certified coins, like proof coins, are considered more collectible and thus carry higher premiums over the spot silver price.
Silver Eagle Design
Aside from the fact that it has been physically produced by a reputable source, the US Mint, the coin is also admired because of the care that has gone into creating its design and transferring that onto a fine silver bullion coin. The designs found on both the obverse and reverse of the coin are looked at as symbolic representations of liberty, freedom and patriotism.
Obverse
The obverse side of the coin features a variation of the Walking Lady Liberty. First created by Adolf A. Weinman for use on the Walking Liberty Half-Dollar, the coin was and has remained to this day, a favorite of the American people. It features Lady Liberty standing aside the ocean with the sun rising beyond. The Lady appears to be embracing the sun with one arm representing the welcoming of a new day. Her gown is made up of stars and stripes which represent the American flag. Her left arm is graciously grasping bundles of oak and laurel. The obverse is also stamped with the year that the coin was minted. Circling above Lady Liberty is the word “LIBERTY” while to her right is the phrase: “In God We Trust.”
Reverse
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The reverse side of the coin features a rather new design created by US Mint engraver John Marcanti. It depicts a Heraldic eagle which is grasping a bundle of arrows in one talon while the other is holding an olive branch. He calmly sits behind a shield. In his mouth is a ribbon which has the phrase “E. Pluribus Unum” inscribed upon it. Directly above the eagle’s head are 13 stars arranged in an upside-down pyramid pattern. These serve to represent the United States’ beginnings as 13 colonies. Circulating around the edges of the coin are the words “UNITED STATES OF AMERICA” and “1 oz. FINE SILVER ~ ONE DOLLAR.”
Mint Packaging
Aside from purchasing single coins, there are a few other options available to investors and collectors. After striking these coins at their facility, the US Mint packages them into tubes or rolls of 20 coins. These rolls are then placed into boxes (also known as Monster Boxes) and strapped shut. As to protect the integrity of each coin, when you are ordering quantities of twenty coins, Silver.com will ship them in their original mint-sealed tubes. Quantities of 500 coins will remain in their original mint-strapped Monster Boxes.
Silver Eagle Mintage
Aside from protecting and maintaining the integrity of each coin, these two options also allow for easier storage. Tubes can simply be placed atop one another in small spaces for storage, while monster boxes can be piled high. All of Silver.com’s American Eagle coins are acquired from certified coin distributors in their original mint packaging so customers can rest assured of each coins authenticity. Be sure to browse our wide selection of these coins and add some to your collection, or even start a brand new one! To learn more about our company feel free to call us at 1-888-989-7223 or see what our customers are saying by reading some reviews of buying from Silver.com.