First introduced in 1986, the American Silver Eagle is known to be the United State’s official silver bullion coin. This coin is backed by the US mint and contains a troy ounce of silver, 99.9% pure. The silver eagle is a favorite among investors and collectors all over the world. The coin features Lady Liberty on the front and the US seal on the reverse. One of the most enticing features of this coin is that they can be put into precious metal IRAs, allowing for an interesting and attractive investment opportunity.
A new coin with a new design was minted in 2021.
On the original coin’s reverse is an American eagle pictured below 13 stars, representing the 13 original colonies. The stars are arranged to form a triangle. The eagle below is actually the US seal, a figure all Americans have seen from other US currency.
These coins were created in 2006 to celebrate the 20th anniversary of the coin’s official release. What’s different about these coins is the finish – and it makes them a favorite among collectors. These coins are minted at the West Point Mint – this is the only location they’re minted. Because of this, they’re adorned with the “W” mint mark – adding to the cache and status of an already beloved coin.
These coins are composed of .999 fine silver. Each coin contains 1 troy oz. As far as silver coins go, this is as pure as they come. This is the same for the 2021 design and the original design of the coin.
Yes. These coins are very popular with collectors everywhere – the American Eagle 1 oz Silver coin has quickly become loved by collectors around the world because of the patriotic American design and the fact that they’re backed by the US mint. Also, this coin got a new design in 2021, which added to its cache and relevance. As always, when purchasing coins it’s important to work with a reputable dealer who has the correct paperwork and knowledge to understand what they’re working with.