Description
American Eagle Silver Coin
American Silver Eagles are the official silver bullion coin of the United States. The American Eagle Silver Coin was first released by the United States Mint on November 24, 1986. Silver Eagles are struck only in the one-troy ounce. The Silver Eagle Coin has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. This coin is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9,1985) and codified as 31 U.S.C. 521(e)-(h). Its content, weight and purity are certified by the United States Mint. The Silver Eagle has been produced at three mints: the Philadelphia Mint, the San Francisco Mint and the West Point Mint. Additionally, the American Silver Eagle can be used to fund the Individual Retirement Account.
Walking Liberty Design (1916-1947)
Firstly, the design on the coin’s obverse was taken from the “Walking Liberty” design by Adolph A Weinman, which originally had been used on the Walking Liberty Half Dollar coin of the United States from 1916-1947. Concurrently, this iconic design has been a public favorite and is regarded as one of the most beloved designs of any United States coinage of modern times, silver or otherwise – it was revived for the Silver Eagle. Consequently, the obverse (front) is inscribed with the year of minting or issuance, the word LIBERTY and the phase IN GOD WE TRUST.
Eagle Behind A Shield (1986-2021)
Later in the late 1900s, from 1986-2021, the reverse was designed by John Mercanti and portrayed a heraldic eagle behind a shield; the eagle grasping an olive branch in its right talon and arrows in its left talon, echoing the Great Seal of the United States; above the eagle are thirteen five-point stars representing the thirteen colonies. Comparatively, the reverse was inscribed with the phrase UNITED STATES OF AMERICA, 1 OZ FINE SILVER-ONE DOLLAR, and E PLURIBUS UNUM (on the banner the eagle holds in its beak), as well as a mintmark if applicable.
Eagle Landing On A Branch (2021)
Lastly, the newly designed reverse of the 2021 American Silver Eagle was designed by Emily Damstra and shows an eagle landing on a branch. Accordingly, the reverse is inscribed with the phrase UNITED STATES OF AMERICA, 1 OZ. FINE SILVER-ONE DOLLAR and E PLURIBUS UNUM, as well as the mintmark if applicable.
Specifications
Year: Random Year
Manufacturer: United States Mint
Purity: .999
Actual Weight: 1 troy oz
Gross Weight: 31.1 grams
Diameter: 37.97 mm
Thickness: 3.29 mm
Denomination: $5
Packaging: Individual coins come in plastic flips. Multiples of 25 come in Mint plastic tubes and multiples of 500 come in yellow monster boxes.
1oz Silver Coins For Sale
American Silver Eagle – This is the top-selling 1oz silver coin in the United States. This coins popularity is due to its high quality, government-backed assurance, and potential as a collectible item.
American Silver Eagles Online
Leifs Coins in Naples FL is known for selling the best American Silver Eagle coins online for several reasons.
What Is 1OZ Silver Worth?
Like any other commodity, the price of silver is largely influenced by the forces of supply and demand.
Silver has many industrial uses, such as in electronics, solar panels, and medical equipment. Therefore, the demand for silver from these industries can impact its price. For example, if there is a surge in demand for solar panels, the price of silver may increase as it is a key component in their production.
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