A Brief History of American Silver Eagle
The United State Mint first introduced the American Silver Eagle on November 24, 1986. The truth is, it’s just at one-troy ounce size for this coin and at the same time, has a value of one dollar and sure to have one troy ounce of pure silver.
I encourage that you keep reading if you would like to discover more.
Only the United States Mint can certify the weight, purity and content. Aside from the bullion version, the United States Mint produced proof version and uncirculated versions for collectors. For this reason, the Silver Eagle has 3 mints and they are the 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.
Basically, there are so many things that you have to learn from the coin and one of this is the design. 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”.
Then again, a reverse design is presented by John Mercanti that is portraying heraldic eagle behind the shield. On the left talon of the eagle, you’ll find that it is holding arrows while on the right are where the olive branch rests that also echoes the Great Seal of US. Just above the eagle, you’re going to find 35-pointed stars which represent the 13 Colonies. Then as you check on the back, you’ll find inscribed saying United States of America, 1oz Fine Silver
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 one of the people who have serious interest for this, then it is best that you take some time to read more about this subject. This is going to help you in learning where to acquire it and how to use it. You’d learn a lot from the uses and benefits of it by doing research.
Cited reference: imp source