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.
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. 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. The obverse is inscribed w/ the year of issuance or minting, the word Liberty and phrase “In God We Trust”.
Then again, a reverse design is presented by John Mercanti that is portraying heraldic eagle behind the 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 authorized for American Silver Eagle bullion program has stipulated that the silver used in minting the coins to be obtained from Defense National Stockpile along with the intent of depleting the stockpile’s silver holdings gradually for the following years.
There are actually a lot more things that have to be learnt from the American Silver Eagle. If you are among the people interested about this, then it is strongly recommended that you take the time to read more about this subject. Through this, you can be equipped better on how you can acquire this and where it could be used. Furthermore, research can maximize the benefits and uses of it.