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Friday, July 17, 2009

The Silver Eagle Coin Collection

By George Lapidis

Coin collector aficionados consider the American Silver Eagle coins sets a valuable addition to their collection. Though many consider the Eagle coins a collector's item across the world, only the staunchest collectors know that it is made off the purest legal silver in the history of the United States.

Of the many factors associated with these coins, one is the size. They are an easy convenient size which makes them very mobile and the owner can transport them with ease.

Secondly American silver eagle coins have worldwide liquidity which makes them valuable all around the world. Furthermore it has a government guaranteed status which acts as another plus point.

The worth of silver eagle coins is high but how do you compare them with other collectible coins. Their worth differs in that these coins are not antique.

On the contrary they are quite a new series as they have only been in circulation for twenty years.

When purchasing an American Silver Eagle coins set for your collection you must be aware of the location and date the coins were minted. Also you may be able to get a good comprehension of the worth of the coin if you know the mint marks and the finish of the production.

These coins are not meant for market distribution or trading but were created and issued only for collectors. The collectibles can be purchased directly from the US Mint.

Earlier when the silver eagle coins were launched, individuals were not allowed to purchase from the mint. Instead they had to purchase from certified coin dealers or precious metals manufacturers.

Perhaps the most desired and valuable coin in the collection is from the limited edition set of the 1955 era. The 1995 " W Proof American Silver Eagle is no longer available in the market for purchase.

This set contains the American gold coin in 1 ounce, half ounce, quarter ounce and the tenth of an ounce and the entire set was priced at less than $1000 and minted for only 125 collectors.

The purity is guaranteed by the fact that the government certifies the collector through certification. These coins are filled onto the coin press manually by the minters and then they were pasted on special blanks which were burnished to create a unique mint mark for each coin.

Today the American silver eagle is credited as being the best selling silver coin collection of the world. Over 130 million have been sold since 1986 each one made from 100% pure silver guaranteed for by the sate. - 23196

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