What’s 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.
I encourage that you keep reading if you would like to discover more.
Only the United States Mint can certify the weight, purity and content. 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. 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. Truth is, the coin’s design was taken from Walking Liberty by Adolph A. Weinman which had been originally used on Walking Liberty Half Dollar Coin of the US from 1916 to 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 together with year of issuance or minting the word Liberty as well as the phrase “In God We Trust”.
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. One Dollar.
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. 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. This is going to help you in learning where to acquire it and how to use it. Besides doing research can help in fully maximizing its benefits and uses.
Partner post: recommended you read