The Silver Eagle has become the most popular bullion coin in the world offering a convenient, beautiful and versatile way to own silver in a form that is recognized throughout the world. They are 1 troy ounce each, 99.9% pure and are legal tender.
First minted in 1986, Silver Eagles are pure .999 fine silver, the finest silver coins ever minted and distributed in the U.S.A. Each coin contains one troy ounce of pure silver and measures 1.598" (or 40.6mm) in diameter with a thickness of .117" or 2.98mm. They are impressively large and substantial coins, America's only official investment grade silver bullion coins and make a worthwhile addition to any investment portfolio.
They are also considered to be one of the most beautiful coins ever minted anywhere in the world. Their obverse design is based on the U.S. "Walking Liberty" half dollar, first minted in 1916 and designed by German-immigrant sculptor Adolph Alexander Weinman, who also designed the famous U.S. "Mercury" dime, also introduced in 1916.
The reverse side of the coin features a bald eagle and shield, with 13 stars, representing the 13 original American colonies, positioned above the eagle's head.
The silver American Eagle is minted in the U.S. Mint's West Point, New York facility, and is a legal tender U.S. coin with a face value of one U.S. Dollar although a largely symbolic amount, since the market price of one ounce of silver has been many times greater than one dollar for more than four decades.
Bullion Silver Eagle coins do not have mintmarks. From 1986 to 1998, they were produced at the San Francisco Mint. From 1999 to 2000, they were produced at the Philadelphia Mint and West Point Mint. In March 2011, the San Francisco Mint conducted trial strikes of bullion Silver Eagle coins in preparation for the resumption of full production later in the spring. The added production capacity provided by the San Francisco Mint supplements the output of the West Point Mint.
Silver Eagles can be an affordable, cost-efficient way to get started in silver investing, and to diversify one's nest egg with a sound hard asset investment backed by the U.S. government. The coins are widely recognized, and easy to buy, sell, transport and store.
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