What You Need To Know About American Eagle Silver Dollar
If you do not know what the American eagle silver dollar is, you need to know that it is basically a type of a rare coin that was made from the design of the walking Liberty. This the design was originally used only on the half dollar back in 1916. It is however considered to be one of the most beautiful or wonderful designs of Liberty. The very first time they were minted was in 1986. It is also vital to note that these coins are the only United States bullion coins to be considered official or legal. From the article below, you will get to learn so much more of the American eagle silver dollar.
Another thing you ought to know about the American eagle silver dollar is that its specification is something that is usually worked upon with so much diligence. The collectible proofs, regular bullion, and uncirculated versions are the only ways one gets these eagle silver dollars. You will get to know of the uncirculated coins when you see the ‘W’ mark on them. The ‘W’ is what depicts their significance and value. The bullion coins are looked at as the legal tender. What it means by legal tender is that the bullion coins could be traded in the IRA. Even their weights and purity are considered to be accurate by the American government. Some of the places where the bullion coins are minted include the Philadelphia mint, west point mint and the San Francisco mint.
The American eagle silver dollar coins are the kind of coins that are actually very easy to buy and even sell. This is the characteristic in them that usually makes them very good when it comes to investment purposes. They basically sell for the market price of silver. It is also very vital to acknowledge the fact that the selling price of the American silver eagle dollar coins consists of the minting and the distribution expenses incurred.
Nowadays, the 2008-W silver eagle reverse of the year 2007 is the most demanded. (The final American silver dollar, which is the most desired is the 2008-W Silver Eagle Reverse which was of 2007. You need to be aware of the fact that only forty-seven thousand coins of these categories were struck. They also do feature the reverse die type which was mostly used in 2007. We all know that the letter ‘U’ in the United States has a bowl shape that is undeniable. The importance of that shape is to ensure that the coins could be easily recognized. If you are a collector of these coins, then you will have to pay more attention on the dates.