US Mint American Silver Eagle Coins
The American Silver Eagle is the official silver bullion coin of the United States and is minted by the US Mint. First issued in 1986, all American Silver Eagle Coins are 99.9% fine silver bullion, struck in the 1 troy ounce size you can buy here. The Silver American Eagle is legal tender in the USA, with a face value of $1 USD yet they are independently traded based on their silver content. You can buy American Eagle Silver Coins for the lowest price at SD Bullion. Shop online anytime or call our trade desk at 1-800-294-8732. American Silver Eagle Coins are also Silver IRA eligible and make a great addition to any silver coin collection.
US Mint Silver Eagle Coins
Dating back to 1986, the American Silver Eagle is the official silver bullion coin of the United States. Silver Eagle Coins are minted by the US Mint and distributed to silver bullion dealers like us here at SD Bullion to buy and sell from the investing public. Crafted with a minimum .999 fine silver bullion, and only struck in a US government guaranteed 1 troy ounce size (enforced by the US Secret Service). The Silver American Eagle Coin is legal tender in the USA with a legal tender face value of $1 USD yet they are actively traded on their overall silver content and rarity. The Silver Eagle Coin is considered one of the most beautiful silver coins produced in the world today.
Learn more about how the US Mint makes Silver Eagle Coins
The Silver Eagle Design
The Silver Eagle is an iconic design that is recognized around the world. The Walking Liberty obverse was created by Adolph Weinman for the Walking Liberty Half Dollar that was used as early as 1916. The text boldly states "Liberty" and "In God We Trust" along with the year of issue. The Silver Eagle receives its moniker due to the reverse, as it includes an eagle with wings lifted high and 13 stars representing the 13 original states. The text includes "United States of America", "1 oz Fine Silver ~ One Dollar", and "E Pluribus Unum". This design continues to be used through the current year.
Bullion and Proof Dollar Coins
At SD Bullion, we primarily deal in either bullion or Proof American Eagles. Proof coins are the most collectible types of coins for sale from the United States mint; they have finer detail, a shinier finish, and are far more rare than the bullion coin versions. The proof coins also come with a higher price tag. Bullion silver dollar coins are also called “Brilliant Uncirculated”, and are the more common type of US Mint Silver Eagle Coins. These coins were originally intended to create a silver-rich market, driving the price of silver down during the mid 1980s. Since the year 2000, Silver Eagle production has again been on the rise. By 2010, there were more than 34 million American Eagle Coins on the market.
Certified and Uncirculated American Eagle Coins
These two types of US Silver Eagle coins are often confused for one another. The first is certified, which means that the coins have been certified and graded by a professional rating company, such as PCGS or NGC. These coins are the premium versions of the US Mint silver coins, in outstanding condition and of a much higher value than simple loose bullion. Uncirculated coins, from the US Mint (www.usmint.gov), are also in fantastic shape. They have never been used as currency, or “circulated”, hence the term “uncirculated.” In addition to certified and uncirculated American Silver Eagles, we also carry proof sets, rolls, and sealed monster boxes.
Sell Your US Mint Silver Eagles to the Most Trusted Online Precious Metal Dealer
Do you have American Silver Eagles that you are ready to sell? SD Bullion will buy your coins at the best prices online guaranteed! We make selling your coins easy and we are always actively looking to buy US Mint American Eagle proof sets, rolls, sealed monster boxes, and BU rated ASE coins. Our experienced sales team will guide you in how to sell your silver eagles to us based on current market value. Give us a call at 1-800-294-8732 to speak to our trade desk.
The Doc's Take on United States Mint Silver Eagles
Looking to invest in the silver market? Looking for a gift to give to the younger one's in the family? This lot is a great option not only as a personal investing option, but also as a great way to get a gift for the family to instill the value of investing for the future. The beautiful American Silver Eagle is without a doubt one of the most recognizable world government minted coins. The Silver American Eagle also retains it value as one of the highest premiums available within the silver investment coin market.
Despite the ramped up production of American Silver Eagles in the US market, silver continues to be one of the steadiest investments a person can make. For example, 1 oz of silver today has nearly the same purchase power that it did 30 years ago; the dollar, on the other hand, has drastically dropped in value. Buying silver coins to pass on to the next generation could be a much wiser option than putting away savings in dollars, for that very reason. Additionally, silver coins make a great diversifier for your portfolio, offering you a globally recognized, valuable asset that is used for everything from currency to medicine and industry. And because silver is, ultimately, a finite resource, now is the perfect time to invest in this precious metal.
Investing for Beginners
If you are a beginner looking to invest in silver bullion, then American Silver Eagle coins are a great place to start. Due to their popularity, they are the easiest silver coins to buy and sell in the world. This makes them very attractive for newbies.
See how the US Mint creates 'Monster Boxes' of Silver Eagle Coins
About the US Mint
The US Mint was the first establishment instituted by the newly freed American Republic, who had just thrown off the yoke of British rule. In 1792, the US Mint was founded in Philadelphia, in a relatively small building called the ‘Ye Olde Mint.’
Today, the US Mint boasts of four operational minting facilities and an excellent, secure storage facility. The branches are located in Philadelphia, Denver, San Francisco, and West Point (New York). Furthermore, the world famous bullion depository, Fort Knox in Kentucky, is under the authority of the United States Mint as well. When the US Mint was instituted in 1792, it was a part of the State Department. However, it was given independent agency status in 1799.
Although one of the primary functions of the United States Mint involves the striking of legal coinage for circulation, it is responsible for other areas such as – producing national commemorative medals, Congressional gold medals, and special coinage. Furthermore, it also disburses gold and silver for certain authorized purposes, safeguards and controls the movement of bullion in the United States, and distributes coins from its various facilities to Federal Reserve Banks.
The Philadelphia Mint was the first facility under the US Mint and remained the sole producer of official proof coinage until the year 1968. Moreover, the famed ‘P’ mint mark was added to coins only after 1980; coins struck at Philadelphia before 1980 did not bear the ‘P’ mint mark (except the Susan B. Anthony dollar and the wartime Jefferson nickel).
Another facility of the US Mint, Denver, was established in 1863. However, it initially began operations as a local assay office. In 1906, a newer Denver branch was inaugurated, and coins with the ‘D’ mint mark started appearing in circulation. The San Francisco Mint was opened in 1854 to serve the California Gold Rush. After 1968, the San Francisco facility handled proof coin production, when the Philadelphia Mint was relieved of this duty. It used the ‘S’ mint mark to mark coins struck in San Francisco.
The West Point facility is the newest addition to the branches of the US Mint. Established in 1988, it initially served as a storage facility for United States’ gold bullion reserves. However, it now also strikes American Eagles in platinum, gold, and silver variants.
Launched in 1986, the American Silver Eagle program is one of the most successful coin programs in the world. The US Mint annually releases BU, circulation, and proof coin options to fulfill the extraordinary and diverse demand, which encompasses demand from collectors and investors. Moreover, seeing the Silver Eagles’ popularity, the US Mint launched gold, platinum, and coming soon, palladium variants of these coins. Other famous coin programs run by the US Mint are – Gold Buffalo Coins, America the Beautiful Silver Coins, among many others.
The US Mint, being the official mint of an influential and respected sovereign nation, enjoys a certain popularity that drums up demand for its products that is noticed worldwide. This ensures the investor will have a continuous fluid market to buy and sell US Mint products with ease.