A Brief History of American Silver Eagle
On November 24, 1986, the United State Mint first introduced to the masses the American Silver Eagle. Whether you believe it or not, this struck at one-troy ounce size which is basically an equivalent value of 1 dollar and guaranteed to have one troy ounce of 99% 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. That being said, you will find three different mints for the Silver Eagle which are 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.
Design of the coin is one of the many things that you ought to learn from it. 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. 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 is holding arrows in its left talon and olive branch in its right, which echoes the Great Seal of US. Above the eagle, you’ll find the 35-pointed stars that 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.
There are actually a lot more things that have to be learnt from the 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 is going to help you in learning where to acquire it and how to use it. Furthermore, research can maximize the benefits and uses of it.