Know More About American Eagle Silver Dollar
It is firstly of utter significance to take note of the fact that the American eagle silver dollar is based on a design of the Walking Liberty. This is the kind of design that was used on the half dollar only in the year 1916. The good thing about this type of coin is the fact that it is the one referred to as the most spectacular designs from the walking Liberty. The very first time they were minted was in 1986. It is also vital to note that these coins are the only United States bullion coins to be considered official or legal. The importance of this article is to educate people more on everything they need to know about the American eagle silver dollar.
The specifications of the silver dollar are very exact and are adhered to very diligently. The only way one gets this eagle silver dollar is from the collectible proofs, regular bullion, and uncirculated versions. You will get to know of the uncirculated coins when you see the ‘W’ mark on them. The ‘W’ is what depicts their significance and value. The bullion coins are usually considered to be the legal tender. This means that these coins could be traded in the IRA. Something else you need to be aware of is the fact that the American government states that the weights and purity of the bullion dollars are accurate. The Philadelphia mint, the West Point Mint and the San Francisco Mint are where they have been minted.
It is also vital to acknowledge the fact that these eagle silver dollar coins are extremely easy to buy and sell at the same time. This is the characteristic in them that usually makes them very good when it comes to investment purposes. Selling them is easy because they are usually sold for the price of silver. The spot price is used when it comes to selling these coins, and this refers to as the minting and the distribution fee that is added onto the selling price.
The last American silver dollar that most people want is the 2008-W silver eagle reverse that was of 2007. You need to be aware of the fact that only forty-seven thousand coins of these categories were struck. These coins also include the reverse die kind that was used frequently in 2007. The ‘U’ on the United States usually has a very distinct bowl shape. The importance of that shape is to ensure that the coins could be easily recognized. The collectors of the coins normally place a higher value on some of the key issue dates.