The Modern Standard for Silver Investing
Few would argue that the American Silver Eagle is the most popular silver coin in North America, and most likely, the entire world. Historic and beautiful, this distinguished coin has found its way into the portfolios, collections, and hearts of coin enthusiasts worldwide.
An Iconic American Classic
Authorized under the Liberty Coin Act of 1985, the United States Mint released the Silver American Eagle for sale in 1986, finally giving the general public a simple and government-guaranteed way to invest in American silver.
The coin was also minted to liquidate a surplus of silver that was being held at the National Defense Stockpile. The silver was no longer needed for defense purposes, so it was made available to everyday citizens.
The United States government also recognized the need to enter the global stage and compete with other popular international bullion programs, establishing a coin that would eventually supersede giants like the South African Silver Krugerrand and Canadian Silver Maple Leaf.
Government-Guaranteed Purity and Weight
Composed of 1 troy ounce of .999 fine (99.9% pure) silver, this coin only comes in one denomination, $1. Of course, a Silver American Eagle dollar is worth significantly more, as its face value is merely symbolic and is used to designate the coin as legal tender.
This coin’s purity means it qualifies as an IRS-allowable precious metal, making it an ideal option for those who wish to add silver to a retirement account. While gold is the most common precious metal in an IRA, silver offers many unique benefits of its own, which we’ll cover below.
Because silver’s spot price is relatively low compared to other investment-grade metals like gold, platinum, and palladium, this coin is an excellent introduction to silver for new investors and budget-minded buyers who prefer to invest incrementally in small amounts over time.
A Breathtaking Work of Art
The Silver American Eagle bullion coin is a magnificent sight to behold. Its brilliant silver sheen is beautifully complemented by historical artistry. While eye appeal isn’t the most important aspect of an investment, these stunning coins often become treasured family heirlooms.
The obverse (front) of the coin features acclaimed sculptor Adolph A. Weinman’s beloved "Walking Liberty" design that was originally featured on the Walking Liberty Half Dollar from 1916 to 1947. It features Lady Liberty draped in an American flag walking toward a rising sun.
The reverse (back) of the coin has had two designs. Type 1 (1986–2021) was designed by former U.S. Mint Chief Engraver John Mercanti and featured the Heraldic Eagle. Type 2 (2021–present) was designed by Emily Damstra and depicts a bald eagle coming in for landing.
A High-Potential Investment Vehicle
Silver American Eagle mintages include standard, investment-grade bullion, proof and collector editions, and various rarities that are prized for their numismatic value as collectible pieces. Each type of mintage has its own advantages, but investment-grade bullion is most common.
Whether you’re a casual investor or a devout silver hound, this metal offers unique attributes in a financial portfolio. Like gold, silver is often used as a safe-haven asset that protects and preserves wealth during times of tumultuous economic conditions.
However, what makes silver especially unique is its volatility compared to gold. Silver’s smaller market size and extremely high industrial demand mean it’s more prone to market volatility, allowing savvy investors to buy and sell at opportune times. It also has ample room for growth.
Plan Your Silver Investment Today
The value of Silver American Eagle coins could skyrocket as institutional and individual demand continues rising. Now is the time to stake your claim on this finite asset while the price is still relatively low.
If you’re interested in adding silver to your personal collection or retirement portfolio, contact us at 800-605-5597 for a free consultation. A highly qualified precious metals specialist at Citadel Gold will help you navigate the next steps with full confidence.
We have over 20+ years of experience following precious metals markets. While it’s impossible to predict the future of Silver American Eagle value with 100% certainty, we believe this bullion coin for sale is poised for significant growth in the coming years. Order yours today.