The Interesting Record of The American Eagle Silver Coins Along With Its Changing Values

The denominations that existed for the American Eagle Silver Coin in legal tender were as follows: 3 cent, half-dime, dime, 20 cent, quarter, half dollar and dollar. One of the most desired items for a collector today is the American Eagle Coin. The most famous piece is the Morgan Silver Dollar. One of the most desired items for a collector today is the American Eagle Silver Coin. The Morgan Silver Dollar has more popularity than other coins.

This coinage is giant and sumptuously colored. 3 out of the above discussed 7 denominations are out of fashion; these were the 3 cent, the half dime, and the 20 cent. The purpose of the 3 cent coin was to simplify the postage of 3 cent stamps. They were also the smallest coin in size to ever be minted. The 20 cent piece was too similar to the quarter, and lost recognition.

Of the 4 years when the American Eagle Silver Coins were minted, in the 2 latest years, only collectors versions were generated. Silver was seen as a top of the line, rare metal and was a big part of the trading industry. In the early years of US coinage, the dear metal was infrequent, and at times was even more valuable than gold. Due to the metal's scarcity, the silver dollar coins were not produced from 1804 to 1836. The coins were not pure silver in most years. The silver coin touts a complete one hundred percent silver that totals a full troy ounce. It wasn't intended to be used as money. It will always maintain a value of at least five times its face value. Hoarding occurred at the start when raw silver was worth more than the coin price. Thus it happened that the dollar rose in value and surpassed even the worth of the metal used to manufacture the coin. There was a large amount of silver melted down in 1918, this the coins were produced again in 1921. Philadelphia, West Point, and San Francisco were the only mints across the United States where the silver eagle coins were minted.

The most freely available silver dollar coins are the Morgan and the eagle. Since they are comparatively cheap, many of us can afford to collect these. There are however, certain dates of production that may raise the value of the coinage. Coins with the most valuable dates were the ones that bore the following: 1889 and 1893 Carson Town; the 1893, 1895, and 1903 New Orleans; the 1893, 1894, and 1895 San Francisco; and the 1893, 1894, 1895, 1899, 1921,1928 Philadelphia; and also the 1995 West Point. With a possibility of a value of a least $11,000 in mint condition, the 1895 'P' is one of the rarest.The most valuable dollar coin is the 1893 "S" with a value, in its best possible condition, of over $250,000. Higher percentages of silver are being integrated into coins and other currency on an international level. It is interesting how the cost of a metal varies from country to country. To find out more go to http://www.coinonlineblog.com/values/us-coins/silver-coins/.

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.

When Is The Best Time to Acquire Gold Bullion?

Gold has been habitually used to evade price increases. Gold's value has been decreasing because of the current economic depression. It is decreasing, however, only when compared to American dollars. For instance, whenever you intend to purchase gold in foreign currencies, its value will be very high. Thus, possessing gold is a method of battling against the economic downturn, and is a great safeguard against the market value of US dollars.

Because of the reason that the value of gold increases when the value of the dollar drops, it is therefore one asset that you can hold on. If somehow you have lost some money in your gold deposits, the rest of your gold will be perfectly ok. But if your gold investment remains stable, there is a possibility that the rest of your investments could suffer.

Gold can be very stable in times of financial crises. This is primarily why folks who were concerned about the Y2K scare have made gold investments. It isn't a good idea to invest a lot of money in gold. But in times of great financial crisis, knowing that you have 2-3% of your investment in gold should keep your mind at peace.

If you are thinking of investing in gold, a very good way to do it is to keep one-ounce gold coins. You could try an eagle coin, Maple Leafs, or Krugerrands. These gold coins can be purchased in a number of places -- coin collectors, gold or gold coin dealers, online dealers, metal companies, brokerage companies, and some banks. Just be wary when they offer Chinese Pandas or other coin treasures because those come with a bigger gain tax. These aren't good investments because they are marked up. You should be aware that you are not required to pay more than 5% mark-up over the gold bullion price for an ounce of Maple Leafs, the eagle coin, or Krugerrands. You must also remember that American gold eagle coin is not pure gold so that they are not well-liked by gold enthusiasts. They are made of 92.5% gold and 7.5% nickel alloy. These are larger and weigh more than an ounce.

The benefit of gold coins compared to gold bars is that gold bars must be examined every time they are sold so that they can be sure that they are made of pure gold while gold coins are normally standardized. Gold coins can be sold according to the standard price of gold and some additional premium to cover up for minting, marketing and distribution expenses. You can recover part of the mark up when you resell these gold coins.

What Is New About The Rehubbed Silver Eagle Coin?

Liberty, enveloped in the American Flag's folds, in full walk, with right hand extended, and holding oak and laurel branches in her left, is featured on the American Eagle Silver Coins obverse. Minted on specially varnished blanks, the American Eagle Uncirculated Coins have a finish similar to their bullion opposite numerals, but possess the "W" strike mark, confirming their creation at the U. S. Mint located at West Point. The coin comes in a protective plastic covering inside a blue case and each coin comes with a Certificate of Veracity signed by Edmund C Moy, the director of the U. S. Mint.

In order to allow alterations in the planning of the American Eagle Silver Coins, the U. S. Mint has to make a new hub. To fashion new dies, a hub that contains an image that is raised, or contains a relief of the design of the coin, is impressed into the steel. Used in the particular striking of coins, dies contain an image of the design of the coin that is incused.

This year, NGC believes, the US Mint transitioned from standard engraved hubs made of reducing a hand engraved galvano to laser engraved hubs.

During the transition process, often referred to as rehubbing, some design changes were implemented that focused on the lettering that appears on both sides of the coin.

The fields are filled with skinnier and taller letters on the 2008 Silver Eagle, more so than in previous years. On the reverse, one of the clearest differences from prior years can be discovered in the stars above the eagle.

The 2008 issue, naturally, isn't alone in design changes. The most blatant is a change to the finish of these coins which goes from a glossy surface used early in the series to the matte finish of today. Even though the coins have similarities from year to year, it is great for collectors to know that they can predict small changes that can only be noticed by a consultant.

Be highly aware of counterfeits when investing in American Eagle Silver Coins. Authorized Collectibles Group / NGC VP Scott Schechter and PCGS President Don Willis made the statement that both authentication agencies have purchased fake coins and dies for investigation purposes and to take them off the market. There has been noted a surge in the amount of counterfeit coins received by both firms, even though they have been working for the removal of fake auction lists. NGC has begun putting out notice with remitted counterfeits reminding submitters it is against the law to sell false items or facsimiles that are not marked with the word "copy", and PCGS will follow suit with a similar warning to submitters.

There seems to be an influx of counterfeit coins from China. They are known for making fake designer goods, so I guess it should come as no surprise to anyone that they also pay attention to the collectible coin market. The best prevention for false coins is to gain expertise about collectible, rare and valuable coins so that you have the arsenal to recognize a fake at once.

What Is The Best Gold Coin To Invest In And Why Is It The Best?

People wanting to be gold Eagle Coin collectors will often start with one basic question: What gold coin should I purchase? This is the equivalent of asking which gold coins minted all over the world are the best. The truth is that it depends on what you desire.

It's true that individual coins have their own unique benefits or "strengths". All gold coin collectors have their favorite characteristics, and they usually buy coins based on a ranking of these characteristics. Among the most popular gold coins these days are American Eagles from the U.S., Sovereigns from Australia and the United Kingdom, Krugerrands minted in South Africa, Canada’s Maple Leafs, and the Chinese Panda. There are many more, however the rest are the lesser known gold coin types.

If you were to pick between these gold coins, you normally have several criteria that you're thinking about. Most gold coin collectors and traders use the following criteria for evaluating the best buys in gold coins.

To begin with, the type of gold Eagle Coin itself is considered to price it in the market. For example, American Eagle Gold Coins are most preferred because their contents are guaranteed by the US Government. Another criterion for evaluating gold coins is the size, which can vary according to either the value or the weight of the gold coin. Another item to consider is the face value. The Krugerrands, for example, are available both in 1 rand or 10 rands denominations.

Weight and fineness are the most important things to look at when deciding the best gold coin to buy. Weight is generally pointed out on the face of the coin, either in troy ounces or grams. However, the fineness refers to the percentage of pure gold in relation to other metals that are in the coin. A typical gold coin has a fineness of 917 parts per 1000. Other soft metals are added to make the coin easier to form. Those two factors are critical in determining the gold content in troy ounces or grams, either of which simply refers to the actual weight of the gold contained inside the coin.

All these factors go into the price of the coin, along with any markup the dealer adds on. People who buy coins in order to resell them will obviously prefer the gold Eagle Coin of the best quality, the heaviest weight, and at a moderate price, in order to obtain the highest possible profit. Those, however, who purchase coins for their personal collections are drawn to gold coins for the beauty of the design and the details. It is the buyers' preferences which determine what is the "best" gold coin. That determines the value far more than the amount of gold the coin contains, its condition (either previously owned or a new issue, called "mint issue"), the weight of the coin, or its price.

How to Deal in Gold Coins to Attain Most Value with Minimal Effort?

Let’s face it. There have been better times in the past as far as our economy goes, and it is predicted that things are not going to improve neither this year nor the next one. But while the economy is going down, and taking the currency down with it, the value of gold is on the rise, making it a good commodity to trade for profit.

You may be thinking about selling your gold coins for profit, especially if you have been able to build up a sizable stash of them. Now is a good time to sell gold coins for profit because the price has gone up; however, the price could continue to rise.

It is easy to find gold buyers owing to the fact that many people see gold as the best investment there is. If you want to get rid of the gold coins in your possession, there are basically two options for doing that. First, you can be a Gold Eagle Coin dealer if you have a large stash of gold coins and you want to sell them out. It is a requirement that you are an expert in this subject, also knowing the marketing and pricing, as this business is serious. You should attempt to learn all you can about the business to avoid losing money. Other expenses that you should expect include, the cost of setting up a formal shop, and requisite government licenses and taxes from where you want to operate

If that sounds too complicated for you, you can also sell your Gold Eagle Coin as a private seller. If you are only looking to sell a few coins for profit, then this is probably your best option. A great number of gold coin collectors, dealers, and traders actively look for private sellers because their products don't have high markups as they don't need to waste money on overhead expenses. You will be certain to find a ready market, if you do determine to become a private seller, more so if you sell with computer online auctions.

Creating online auctions is a nicer alternative to selling privately to a dealer, who usually gives just the average price point. Online auctions connect you directly with individual buyers who can offer more for your gold Eagle Coin that dealers would. Individual buyers can generally offer more for your gold than a dealer would; online auctions allow you a direct connection to them. These are naturally the more popular ones and are likely to sell fast when you offer them at auction.

Having said all these, the question goes back to whether or not it is a wise move to sell out at this time. Some experts state that gold is still below value at current prices, suggesting that a "wait and see" policy prior to selling may be best.

Where Can I Buy An American Gold Coin?

If you are looking for an American Gold Coin, then you probably already know that the American Eagle Gold Coin is the world’s most widely known and sought-after money for different investment reasons. According to statistics, the American Gold Coin is bought and sold in the U.S. more than any other gold coin.

The coins themselves are 22-Karat or 91.67 percent gold. The American Gold Coin is widely available. Try searching entering the search term “American gold coin,” and see what kind of results you get.

You can also narrow down your choice by typing in “American Gold Coin” along with your state or locality.