Learning More about the American Silver Eagle
The United State Mint first introduced the American Silver Eagle on November 24, 1986. Whether you believe it or not, this struck at one-troy ounce size which is basically an equivalent value of 1 dollar and guaranteed to have one troy ounce of 99% pure silver.
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If there’s one thing that you should know, it is that the weight, purity and content can be certified only by the United States Mint. Furthermore, the United States Mint has a special version of the coin that are intended only for collectors and these are proof version and uncirculated version. Because of this, the Silver Eagle has three mints and these include San Francisco Mint, Philadelphia Mint and West Point Mint. Believe it or not, those who currently own a bullion coin can utilize it to fund their Individual Retirement Account investments.
Design of the coin is one of the many things that you ought to learn from it. Truth is, the coin’s design was taken from Walking Liberty by Adolph A. Weinman which had been originally used on Walking Liberty Half Dollar Coin of the US from 1916 to 1947. Since this design has become iconic, became a public favorite and beloved design of any US coinage of the contemporary time, it’s revived for Silver Eagle a few decades later. Obverse is inscribed together with year of issuance or minting the word Liberty as well as the phrase “In God We Trust”.
John Mercanti has his own input for the reverse design that portrays a heraldic eagle behind the shield. The eagle holds arrows in the left talon and olive branch on its right talon, echoing the Great Seal of US. And on top of the eagle is the 13 Colonies which is represented by the 35-pointed stars. One Dollar.
The legislation authorized for American Silver Eagle bullion program stipulates that all silver used for minting the coins shall be acquired from Defense National Stockpile along with the intention of depleting the stockpile’s silver holding slowly for the subsequent years.
Actually, there are more things that should be discovered from American Silver Eagle. If you are among the people interested about this, then it is strongly recommended that you take the time to read more about this subject. Through this, you can be equipped better on how you can acquire this and where it could be used. Furthermore, research can maximize the benefits and uses of it.
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