Wednesday 22 July 2009

Learn All About The American Silver Eagle Dollar Coin And Its Price

American Eagle Silver Coins were made by the US Mint with several goals in mind, including helping to fund Individual Retirement Account investments. The coin is certain to have 99.9 percent pure silver, and contains one troy oz of it. Recently, American Eagle Silver Coins have garnered the reputation of being a sound alternative investment in today's stock market.

It has the small face price of $1. Older coins will have an "S" mintmark, because they were struck in San Francisco. The most recent proofs come from the West Point, New York mint, and have a "W" mintmark on the reverse. The Walking Freedom design was used for these coins.

From 1916 until 1947, they used the same design on the half dollar coin.

The image is said to be a classic American symbol and a favourite in the country. The Walking Freedom design was made by Adolph A Weinman while the eagle was made by John Mercanti. Many people love to collect the American Silver Eagle coin for a variety of reasons, one of which is that it's very valuable. There are a number of factors that may affect the value of the coins, including the year minted. The price is more if the coin was never circulated and if there is proof of it being real. Do a little research to learn the real value of the coins before buying them. Since there is a big supply of these coins, the price does not change with the date.

Some of the coins are worth a lot more money; for example, the ones from 1993 are worth more than $100. Because only a few of them were sold, the 1995W issue of this coin is worth a lot of money. In 2008 the typical circulation was estimated at 713,353 as proof, and 20,583,000 were minted. The US Mint can tell you more about the exact mintage of these coins. Just like all coins, it's important to comprehend the full worth of the coin before purchasing, this ensures you get the best price and are confident in your negotiations.

The value of American Eagle Silver Coins fluctuates on a regular basis, but an approximate of $20 to $30 selling price is to be expected. If you are interested in collecting coins, begin by buying the older, more historically valuable ones. Look at how much wear the coin has. Coins that are in good condition are worth more than coins with signs of wear that stand out, such as on the eagle's wings, or liberty's dress.


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