Buy American Eagle silver coins

Why buy an American Eagle?

Historical and cultural value

The American Eagle coin is more than just buying silver; it is a symbol of American history and culture. The coin was first introduced in 1986 by the United States Mint and has since achieved iconic status. The design of the coin has been carefully chosen to represent the essence of American identity.

The obverse of the coin features Lady Liberty, designed by Adolph A. Weinman, who also created the famous 'Walking Liberty' half dollar design in 1916. Lady Liberty is depicted striding forward, holding a torch in her right hand and an olive branch in her left hand, symbolizing enlightenment and peace. This powerful image is a tribute to freedom and the pursuit of a better future.

The reverse of the coin, designed by John Mercanti, depicts an eagle with a shield, symbolizing the strength and resilience of the United States. The eagle holds an olive branch in its right talon and arrows in its left talon, representing the balance between peace and readiness for defense. These symbols make the American Eagle not just an investment in silver but also a piece of national pride and heritage.

High purity

One of the main reasons to buy a Silver Eagle is the high purity of the coin. Each coin contains 1 troy ounce (31.1035 grams) of pure silver with a fineness of .999. This means that the coin is almost entirely made of silver, making it a reliable investment for those looking to invest in precious metals.

The high purity of the American Eagle coins makes them attractive not only to investors but also to silver collectors worldwide. The consistency in quality and purity of these coins ensures that they maintain their value, regardless of fluctuations in the silver market. Additionally, these coins are legal tender in the United States, with a nominal value of one dollar, although their market value is much higher.

The new American Eagle silver coin design (Type 2)

In 2021, the United States Mint introduced a significant new design for the American Eagle Silver Coin, known as Type 2. This update marked the first major change in the design since the coin was first issued in 1986. The new design offers a fresh perspective on the iconic symbol of the American eagle, adding a new dimension to the already popular coin series.

Reverse: The flying bald eagle

The most notable aspect of the Type 2 update is the change on the reverse side of the coin. The original design, which featured an eagle with a shield, has been replaced by an impressive depiction of a flying bald eagle clutching an olive branch in its talons. This new design was created by award-winning nature illustrator Emily Damstra and engraved by Michael Gaudioso, symbolizing the strength and freedom of the United States.

Olive branch: The olive branch in the eagle's talons symbolizes peace, an important theme in American symbolism.

Details and dynamics: The new design is praised for its detailed and dynamic portrayal of the eagle in flight, adding a sense of movement and vitality to the coin.

Obverse: Walking Liberty

The obverse of the American Eagle 2021 Type 2 retains the classic "Walking Liberty" design, originally created by Adolph A. Weinman and first used on the half dollar coin from 1916 to 1947. This design is a tribute to freedom and is considered one of the most beautiful coin designs in American history.

Walking Liberty: Lady Liberty is depicted striding toward the sun, holding a torch in her right hand and an olive branch in her left hand, symbolizing enlightenment and peace.

Detail adjustments: Although the basic design remains the same, subtle adjustments have been made to enhance the details and preserve the beauty of the original design.

Security features

With the introduction of the Type 2 design, the United States Mint also added new security features to ensure the integrity of the coin and prevent counterfeiting. One of the most notable additions is a microscopic anti-counterfeit feature on the edge of the coin, which helps verify its authenticity.

The value of a Silver Dollar

Intrinsic value

The intrinsic value of a silver dollar, such as the American Eagle, is primarily determined by the current silver price on the market. This price can fluctuate based on supply and demand, economic conditions, and other factors. It is important to stay informed about the silver market if you are considering investing in these coins.

Collector's value

Although the American Eagle silver coin was originally designed as a bullion coin, certain examples can indeed have collector's value. Special editions, proof variants, and coins with limited mintages are often sought after by collectors and can be worth more than the standard bullion coins. The condition and professional grading of a coin play a significant role in its value; coins in pristine condition that are graded by organizations such as PCGS or NGC can fetch higher prices. Additionally, rare years, unique errors, or variants can increase the collector's value.

Coins from America: an overview

History of American coins

American coins have a rich history that dates back to the establishment of the United States Mint in 1792. Over the years, various iconic coins have been minted, including the Morgan Dollar, the Peace Dollar, and, of course, the American Eagle. These coins have not only monetary value but also historical and cultural significance.

Different types of Eagle coins

In addition to the silver American Eagle, there are also gold and platinum variants available. Each variant has its unique characteristics and valuations. The gold Eagle, for example, is valued for its 22-karat composition, while the platinum variant is prized for its rarity and high value.

What is a Silver Eagle Monsterbox?

For investors looking to acquire a substantial quantity of American Eagle silver coins, the Silver Eagle Monsterbox is an attractive option. Opting to buy a monsterbox provides an efficient and secure way to purchase and store large quantities of silver. A Silver Eagle Monsterbox is a sealed box containing 500 American Eagle silver coins. Each coin weighs 1 troy ounce and has a fineness of .999, amounting to a total weight of 500 troy ounces of pure silver per monsterbox. These boxes are delivered directly by the United States Mint to authorized distributors.

Contents of a Monsterbox

The monsterbox consists of 25 tubes, each containing 20 Silver Eagle coins. The box itself is sturdy and sealed to protect the coins from damage and unauthorized access. The tubes ensure that the coins remain safe and organized.

Benefits of a Monsterbox

Buying a Silver Eagle Monsterbox can be cost-effective, as it often offers a lower price per ounce compared to buying individual coins or smaller quantities. Bulk purchases can result in better prices and lower premiums over the silver spot price. Additionally, a monsterbox provides an easy and secure way to store a large quantity of silver coins. The sturdy packaging protects the coins from physical damage and ensures they remain in perfect condition. Finally, Silver Eagle coins are globally recognized and easily tradable. Owning a monsterbox can make it easier to buy or sell silver in larger quantities, which is convenient for serious investors.

 

About producer U.S. Mint

The United States Mint was established on April 2, 1792, by the Coinage Act of 1792, signed by President George Washington. The Mint was created to produce a national, uniform currency and was originally located in Philadelphia, the then-capital of the United States. The first coin struck by the Mint was the half cent in 1793. The production of Silver Eagles takes place at the West Point Mint and the San Francisco Mint, with the silver sourced from domestic mining, recycled materials, and purchases on the global market. These processes ensure that each Silver Eagle is of high quality and meets the strict standards of the United States Mint, making them a reliable investment and sought-after collectible.