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Are Silver Eagle Coins Worth It

Are Silver Eagle Coins Worth It?

September 23, 20235555 view(s)

Investing in precious metals has been a time-honored strategy for preserving wealth and diversifying portfolios. Among the many options available, American Silver Eagle coins have stood the test of time as a favorite among investors and collectors.

 In this comprehensive guide, we will explore the world of Silver Eagle coins to help you determine if they are truly worth your investment. We'll delve into the reasons why American Silver Eagle coins are a good investment, the fascinating history behind these coins, the various types you can collect, and whether banks offer these coveted coins.

Why American Silver Eagle Coins Are a Good Investment

 

1. Intrinsic Value

One of the primary reasons why American Silver Eagle coins are a good investment is their intrinsic value. The United States government mints these coins containing one troy ounce of .999 fine silver.

The U.S. government ensures this purity and weight, providing a level of trust and security that is hard to match in the world of precious metals. Unlike paper currency, which can be subject to inflation and devaluation, the intrinsic value of silver has remained relatively stable over time.

2. Diversification

Investing in American Silver Eagle coins is an excellent way to diversify your investment portfolio. Diversification is a key principle of risk management in investing, and including physical assets like silver can help protect your wealth during economic downturns or fluctuations in the stock market.

Silver often moves in the opposite direction of traditional investments like stocks and bonds, providing a hedge against market volatility.

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3. Liquidity

American Silver Eagle coins are highly liquid assets. They are recognized and accepted by dealers, collectors, and investors worldwide.

This means that you can easily buy or sell these coins when needed without encountering significant obstacles. The liquidity of Silver Eagle coins ensures that you can access your investment quickly and efficiently.

4. Historical Performance

Looking at the historical performance of American Silver Eagle coins can be compelling evidence of their worth as an investment. While past performance is not indicative of future results, it's noteworthy that these coins have shown consistent growth over the years.

For example, between 2000 and 2020, the price of Silver Eagle coins increased significantly, providing investors with a solid return on their investment.

5. Collectibility

American Silver Eagle coins are not just investments; they are also collectible pieces of art and history. Their iconic design, featuring the image of Walking Liberty on the obverse and the heraldic eagle on the reverse, makes them attractive to collectors. Many investors and collectors enjoy the aesthetic appeal of these coins in addition to their intrinsic value.

 

The History of Silver Eagle Coins

To truly appreciate the value of American Silver Eagle coins, it's essential to understand their rich history.

Inception

The American Silver Eagle program was officially launched by the United States Mint in 1986. The coins were introduced as a result of the Liberty Coin Act of 1985, which aimed to create a bullion coin program in the United States to compete with other global bullion coins like the Canadian Maple Leaf and the South African Krugerrand.

Design and Symbolism

The design of the American Silver Eagle coins is steeped in symbolism. The coin's obverse features the iconic Walking Liberty design, created by Adolph A. Weinman and originally used on the Walking Liberty Half Dollar from 1916 to 1947.

This image represents freedom and is a powerful symbol of American values. On the reverse, you will find the heraldic eagle, designed by John Mercanti, with a shield representing strength and protection.

Historical Significance

Apart from their financial value, American Silver Eagle coins have historical significance. They have been issued during significant events and milestones in American history, making them even more collectible.

For example, the 2001 American Silver Eagle coin was minted in the aftermath of the September 11th terrorist attacks, making it a poignant and sought-after collectible piece.

Are Silver Eagle Coins Worth It?

 

Types of Silver Eagle Coins to Collect

 

Collecting American Silver Eagle coins can be a rewarding hobby, and there are various types of these coins to consider:

Bullion Silver Eagles

Bullion Silver Eagles are the standard, non-proof versions of these coins. They are primarily sought after by investors for their silver content and are typically available at a lower premium over the spot price of silver compared to proof or special edition coins.

Proof Silver Eagles

Proof Silver Eagles are meticulously crafted coins with a mirrored finish and frosted design elements. They are produced using a specialized minting process designed specifically for collectors. Proof coins often come in presentation cases and have limited mintage, making them highly collectible.

Burnished Silver Eagles

Burnished Silver Eagles are another collectible option. These coins undergo a unique minting process that involves polishing the blanks before striking.

This process results in a matte finish that appeals to collectors. Burnished Silver Eagles also come with a certificate of authenticity and are considered premium collectibles.

Special Editions

The United States Mint occasionally releases special edition American Silver Eagles to commemorate significant events or anniversaries. These coins often feature unique designs, finishes, or packaging, making them highly sought after by collectors. Examples include anniversary editions and coins celebrating historical figures.

Certified Coins

Certified American Silver Eagle coins have been graded and authenticated by professional grading services, such as the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS). These graded coins come with a certification label indicating their condition, which can significantly impact their value.

When collecting American Silver Eagle coins, it's essential to determine your focus and budget. Some collectors aim to assemble a complete set of all standard bullion coins, while others may concentrate on proof or unique edition coins. Regardless of your approach, collecting and investing in Silver Eagles can be an enjoyable and potentially lucrative hobby.

So, yes, Silver Eagle coins are worth it, offering financial security and a piece of American history.

 

The U.S. Gold Bureau — Your Trusted Precious Metals Dealer

 

The U.S. Gold Bureau is well-equipped to help you navigate all aspects of your silver dollar coin acquisition process. Our Precious Metals Experts undergo extensive training to bring integrity and ease to your coin selection experience. As an authorized bulk purchaser of coins and bullion from the U.S. Mint, you can custom-build your dream portfolio. Rest assured that your purchase comes from a knowledgeable and trustworthy dealership.

Call us at 833-868-0221 for a best-price quote, or reach out to us through our live chat to discover how to grow your dream portfolio with silver metal investments.

In conclusion, American Silver Eagle coins are a worthwhile investment due to their intrinsic value, historical performance, and the diversification they offer to your investment portfolio. Their rich history and symbolism make them attractive to collectors, and there are various types of Silver Eagles to collect, catering to different preferences and budgets. 

The U.S. Gold Bureau is a trusted source for acquiring these iconic silver coins. Whether you're an investor looking for a safe haven asset or a collector interested in American numismatics, Silver Eagle coins can be a valuable addition to your financial and numismatic portfolio. 

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