Need To Buy American Eagle Silver Coins? Check This Out
Silver has been one of the most coveted substances as a medium of exchange and for building luxury items. The first release of minted silver coin for the U.S was in 1792 while the first American eagle silver bullion coin mint was released in 1986. Different investors and collectors love the beauty and the value of these silver coins whereby the sales have been increasing with years. Though this is a wise and profitable investment, as an investor you need prudence as you tread on this part. That is why this article is enriched with information that will open your eyes as you consider buying the silver coins.
The official and original us silver dollar coin well minted which makes it unique from the fake ones. It has specifications that will help you know that it is the right coin that you are trading. For example, it is minted every year and has a gross weight of 31.10 grams or in simple terms one troy ounce. In diameter, it is exactly 1.60 inches with a thickness of 0.12 inches. The front design of this silver coin is the lady liberty gliding towards the sun. The rear design portrays a silver eagle that is behind a shield holding some olive branch and arrows with its talons. There are also some 13 stars that sit above the eagle, and these are said to represent the original colonies. These specifications are useful to the buyer and even the seller to correctly identifying the American eagle coins without mistakes. These designs can be compared with other coins.
You need to be aware of the versions available in the market. There are three versions so far that are available at different capacities. These include the proof version, bullion version, and uncirculated collectors versions. The bullion one is distributed through the authorized network such as the brokerage firms, wholesalers, banks, and precious metal and silver dollar coin dealers to the public. The proof and collectors versions are sold to the public directly. It would be essential to know that the process of buying is as easy as you could never imagine. They are highly tradable and easily identifiable so that you do not become confused in this investment project.
In summary, your decision to buy American Eagle Silver coins is the finest that you will ever make because they are such valuable coins. Silver is the most affordable precious metal that is making the silver bullion such an affordable investment for anyone aspiring to invest in them at any age. Find out some more facts about coins through https://en.wikipedia.org/wiki/Currency.