Interested in the American eagle silver dollar? Find out about the uniqueness of the modern silver dollar of the United States…
American eagle silver dollars are popularly known as the modern silver dollar. These are congressionally authorized legal tender coins produced at the West Point United States Mint in New York. Although they have a face value of one dollar their market price is a lot higher because the price of silver used to make the coins is far higher than the face value denoted on the coin.
The thing that sets American eagle silver dollars apart from silver bars and medallions is the fact that they are official legal tender whereas the rest of them are not. This means that the silver eagle dollars are guaranteed for by the U.S government with regards to the purity of the silver and the weight that you will be receiving.
The first of the American eagle dollar batch was produced in 1986. Today they have become the most popular and highly prized silver bullion coins in the entire world. Amongst the things that set American eagle coins apart is the unique design which is printed on the surface of the coins. Many regard the design to be the most beautiful imagery ever produced on a coin. Add to that the fact that you can attain instant liquidity at any given moment with American Eagle silver dollar coins and you have the true value of the coins.
American Eagle Silver Dollar Design
The front side of the coin is decorated with the stunning Walking Liberty design produced by Adolph A. Weinman. This design was first used for the U.S Silver Half Dollar coins back in 1916. The design kept on being used till 1947 when it was suspended only to come back again in 1986.
The reverse side bears a more aggressive design based on the heraldic eagle by John Mercanti. The eagle stands behind a shield with 13 stars that are suggestive of the 13 original colonies of the United States.
Thus we find that American Eagle silver dollar coins are highly valued for their historical beauty as well as the purity of the silver content that they possess. Along with this they are also credited as being the largest silver dollars ever issued in the history of the United States mintage. It is regulated by law that each of the coins should contain 1.0000 troy ounce of 0.9993 pure silver. The coins have a diameter of 40.6 mm.
It would not be an exaggeration to say that each of these American Eagle silver dollars is a classic piece of art that is developed to exacting standards by the U.S Mint. At the same time they provide you with the most affordable way to get government minted bullion coins in your possession. Many people take these coins to be a great means of investment whereas they are popularly used as gifts and are considered to be a coin collector’s pride.