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Friday, July 31, 2009

US Silver Eagle Coins

By George Lapidis

Coin collector aficionados consider the American Silver Eagle coins sets a valuable addition to their collection. Though many consider the Eagle coins a collector's item across the world, only the serious collectors know that it is made off the purest legal silver in the history of the United States.

The coins come in a size that makes them easily portable, and the owners can move them conveniently. This is by far the most appealing aspect of the American Silver Eagle coin collection.

Secondly American silver eagle coins have universal liquidity which makes them valuable all around the world. Furthermore it has a government guaranteed status which acts as another plus point.

The value of silver eagle coins is high but how do you compare them with other collectible coins. Their worth differs in that these coins are not antique.

This collector's item is a young issue and has been in circulation for only 20 years.

When looking at purchasing a set of silver Eagle coins you need to verify were the coins were produced and what date they were minted on. Further you must be able to identify the mint marks and also know in detail abut which ones constitute a good finish.

These coins are not meant for market circulation or trading but were created and issued only for collectors. The collectibles can be purchased directly from the US Mint.

Initially when the Silver Eagle coins were launched, collectors were allowed to purchase only from certified coin dealers or the manufacturers of precious metals. However, later on collectors could purchase directly from the mint.

Perhaps the most coveted and valuable coin in the collection is from the limited edition set of the 1955 era. The 1995 " W Proof American Silver Eagle is no longer available in the market for purchase.

This set contains the American gold coin in 1 ounce, half ounce, quarter ounce and the tenth of an ounce and the entire set was valued at less than $1000 and minted for only 125 collectors.

The purity is guaranteed by the fact that the government guarantees the collector through certification. These coins are filled onto the coin press manually by the minters and then they were pasted on special blanks which were burnished to create a unique mint mark for each coin.

Today the American silver eagle is credited as being the best selling silver coin collection of the world. Over 130 million have been sold since 1986 each one made from 100% pure silver guaranteed for by the sate. - 23208

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