American Silver Eagle

American Silver Eagle

American Silver Eagle

As we all know, the Eagle is the emblem of the United States of America; the great strength and superb beauty of the American Eagle represent freedom.

The American Eagle is present in the Seals of many States, on silver coinage and its use covers many patriotic purposes.
The American Silver Eagle was initially released by the US Mint on Nov. 1986. It is the official Bullion coin of the United States. Its weight, content and purity are guaranteed to contain one troy ounce of .999 pure silver.

Its actual composition is silver to a vast extent (99.93%) and only 0.07% of copper. The weight of the American Silver Eagle is 31.101 grams with 40.6 mm diameter. Its thickness is 2.98 mm and its edge is reeded.

As the American Eagle is the largest silver dollar that has been ever issued by the U.S. Mint, its beauty and silver content are highly valued. As far as the obverse design is concerned, it has its origin to the “Walking Liberty” design which was originally used between 1916 and 1947 on the half-dollar coin. Around the top half the motto “In God We Trust” is written together with “Liberty” and the year of issuance. On the reverse a heraldic eagle is present behind a shield with an olive branch and arrows. Above the eagle are thirteen five-pointed stars together with the motto “E Pluribus Unum” and the phrase “United Sates of America, 1oz. fine silver one dollar”.

Collectors select the series of American Silver Eagle by date. It is indicative that a collection must cover two key dates in order to be considered as complete:
The 1995-W Proof Silver Eagle as part of the Gold Eagle Proof Set
The 2006-W Reverse Proof Silver Eagle as part of the 20th Anniversary Silver Eagle Set.
As far as low mintage is concerned, the 1996 Proof Silver Eagles had a mintage of 498,293. The lowest series mintage is attributed to the 1994 Proof Silver Eagle: 372,168.

If you are interested in the current silver spot price or an up to the minute silver melt value on any coins minted in the United States then check out the site CoinTrackers.com
Thanks for reading, post comments below.
Read more about this topic on WikiPedia