Why No One Talks About Mints Anymore

Learning More about the American Silver Eagle

The United State Mint first introduced the American Silver Eagle on November 24, 1986. The truth is, it’s just at one-troy ounce size for this coin and at the same time, has a value of one dollar and sure to have one troy ounce of pure silver.

And if you’re interested to discover more, then I suggest that you check out the next paragraphs.

The weight, purity and content are all certified by none other than, United States Mint. Furthermore, the United States Mint has a special version of the coin that are intended only for collectors and these are proof version and uncirculated version. 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.

Basically, there are so many things that you have to learn from the coin and one of this 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. 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, John Mercanti has presented a reverse design which portrays heraldic eagle behind a shield. The eagle is holding arrows in its left talon and olive branch in its right, which 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.

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 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.