Silver eagles are a great investment option for those looking to diversify their portfolios and hedge against the volatility of the stock market and inflation. Silver eagles, particularly the American Silver Eagle, are widely recognised and highly liquid, making them a good investment option. The American Silver Eagle is the official silver bullion coin of the United States and is guaranteed for weight, content, and purity by the U.S. government.
The American Silver Eagle was first introduced in 1986 and has since become one of the most successful bullion programs produced by the United States Mint. Each coin contains one troy ounce of .999 fine silver and has a face value of one US dollar. However, their actual value is tied to the current price of silver in the market and can vary depending on several factors, including mintage, condition, certification, grading, and market demand.
Some of the most valuable American Silver Eagle versions include the 1999 MS 70, the 2020 W V75, and the 2021 First Type II. The 1999 MS 70 American Silver Eagle is considered rare due to the low number of coins certified as MS 70, despite a higher overall mintage. The 2020 W V75 was released to commemorate the 75th anniversary of World War II, and the 2021 First Type II features a new reverse design with a large, detailed image of an eagle in flight.
In addition to their silver content, American Silver Eagles also hold collectible value due to their iconic designs and historical significance. They are easily recognisable and widely traded, making them a good option for those looking to invest in precious metals.
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Silver Eagle coins as a hedge against inflation
Silver Eagle coins are a good investment for hedging against inflation. Silver is typically sold as a hedge against inflation and has risen by about 40% since February 1915 when adjusted for inflation. Silver Eagle coins are also a good investment because they are the official silver bullion coin of the United States. They are one of the highest-minted modern silver coins, with nearly a billion produced since 1986. This makes them highly liquid and easy to sell.
Silver Eagle coins are also highly recognisable and are legal tender in the United States. They are made of 0.999 fine silver, which is about as pure as it gets, and their weight and purity are backed by the government. The obverse of the coin features Lady Liberty, designed by celebrated mint artist Adolph A. Weinman, and the reverse features a bald eagle in flight carrying an oak branch.
However, it is important to note that Silver Eagle coins carry a high premium and you can expect to pay a fair bit over the spot price. Additionally, silver is a volatile market, and the price of silver tends to be inversely related to the value of the dollar.
Overall, Silver Eagle coins are a good investment for hedging against inflation due to their recognisability, liquidity, and the intrinsic value of silver as a precious metal.
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The recognisability of the American Silver Eagle
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on 24 November 1986, and its production was authorised by Title II of Public Law 99-61 (the Liberty Coin Act, approved on 9 July 1985). The coin is struck in one-troy ounce and has a nominal face value of one dollar. It is guaranteed to contain one troy ounce of 99.9% pure silver.
The reverse of the coin has also incorporated recognisable imagery. From 1986 to 2021, the reverse design by John Mercanti portrayed a heraldic eagle behind a shield, echoing the Great Seal of the United States. The eagle grasps an olive branch in its right talon and arrows in its left talon, with thirteen five-pointed stars above it, representing the original thirteen American colonies. In 2021, the reverse was redesigned by Emily Damstra and now shows an eagle landing on a branch, similar to the reverse of the 1971 Eisenhower Dollar Coins.
The American Silver Eagle has become one of the most recognisable silver coins on the market, with even those outside the bullion collecting community likely to be familiar with its look and feel. Its combination of storied history, high collectable value, exceptional designs, and government backing have contributed to its status as a recognisable and reputable investment option.
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The historical performance of silver
Silver has been used as a form of currency for millennia, with ancient Greece using it as a currency around 1500 BC. In the US, silver coin production ended in 1965, increasing the metal's value. Silver has been considered a reliable store of wealth and value for centuries, and its value is not tied to that of fiat currencies.
Silver's price has been volatile over the past few decades. In the mid-1970s, silver was valued at less than $10 per ounce. By 1980, this had risen to over $36 per ounce, before falling again to below $10 by the late 1980s. Silver's price remained under $10 until 2006, when it doubled to about $20 per ounce. In 2011, the price of silver reached nearly $50 per ounce, possibly due to the financial crisis of 2008/2009. However, this high price was not maintained, and silver's price fell to less than $14 per ounce in 2016. Since then, silver has recovered some ground, with prices ranging from $16 to $20 per ounce.
Silver's price is influenced by economic factors such as inflation, GDP growth, unemployment rates, and central bank policies on interest rates and inflation. During economic downturns, silver is seen as a safe-haven asset, with its value increasing during the last financial crisis. Silver also has industrial uses in electronics, photography, and medicine, which increases demand for the metal.
The American Silver Eagle is a popular bullion coin for investors, with a high collectable value and exceptional designs. Since its release in 1986, the price of silver has increased by over 50%, from around $14 to nearly $24 per troy ounce. American Silver Eagles are minted using .999 fine silver, and each coin contains at least one troy ounce of 99.9% pure silver. The weight and purity of the coins are backed by the government. However, these coins carry a high premium and are more expensive than some similar bullion products.
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The American Silver Eagle's numismatic value
The American Silver Eagle is the official silver bullion coin of the United States, minted by the US Mint. It is the most popular silver bullion coin in the world and is considered to be a good investment choice. The coin has a storied history, high collectable value, exceptional obverse and reverse designs, and is recognised globally.
The American Silver Eagle was first issued in 1986, along with the American Gold Eagle. It is minted using .999 fine silver, which is about as pure as it gets. The coin is adorned with American iconography and symbolism on both sides. On the obverse is Lady Liberty, designed by Adolph A. Weinman, and on the reverse is a bald eagle in flight, carrying an oak branch. The coin gets its name from this eagle on its reverse.
The American Silver Eagle is considered to be a good investment for several reasons. Firstly, it is a government-issued coin, which helps to mitigate the risk of counterfeits. Secondly, it has a high silver content, with each coin containing at least one troy ounce of 99.9% pure silver. This weight and purity are backed by the government. Thirdly, the American Silver Eagle has a high numismatic value due to its unique history, recognisability, and beautiful designs. Finally, the coin has strong liquidity and acceptance, making it easy to sell on the secondary market.
However, it is important to note that American Silver Eagles carry a high premium, and there may be other silver bullion products that offer better value. Additionally, the silver market is historically volatile, and investors should be aware of the economic factors that can impact the value of silver.
For those interested in purchasing American Silver Eagles, it is recommended to buy from reputable bullion dealers. Additionally, it is important to do your research and consider the numismatic value of the coin, as certain years and grades are more valuable than others.
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The American Silver Eagle's mint state
The American Silver Eagle is the official silver bullion coin of the United States, minted by the US Mint. It was first released on November 24, 1986, and is struck only in the one-troy ounce, with a nominal face value of one dollar. The coin is guaranteed to contain one troy ounce of 99.9% pure silver. Its content, weight, and purity are certified by the United States Mint.
The American Silver Eagle is considered one of the most beautiful silver coins produced in the world today. The obverse side portrays Lady Liberty walking forward with the American flag draped around her shoulder, holding laurel branches in her left arm. The text on the obverse boldly states "Liberty" and "In God We Trust" along with the year of issue. The coin gets its name from the reverse side, which features a heraldic eagle with wings lifted high and 13 stars representing the 13 original states. The eagle grasps arrows in its left talon and an olive branch in its right.
The American Silver Eagle is a good investment opportunity for consumers interested in adding pure silver coins to their portfolios. They are the most accessible silver coins to buy and sell in the world, making them very attractive for beginners. The Silver Eagle has been produced at three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint.
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Frequently asked questions
Silver eagles are a good investment because they are easily convertible to cash, they are highly liquid, and they are widely recognised. They are also a good way to diversify your portfolio.
The best type of silver eagle to invest in is the American Silver Eagle. This is because it is the official silver bullion coin of the United States and its weight, content, and purity are guaranteed by the U.S. government.
The value of a silver eagle is influenced by its mintage, condition, time value, and supply and demand.
A silver eagle is a government-backed coin, whereas a silver eagle round is produced by a private mint.
Silver eagles can be bought from reputable bullion dealers such as Apmex, JM Bullion, Provident Metals, and SD Bullion.