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Sunday, August 2, 2009

Silver Eagle Coins USA

By George Lapidis

Coin collector aficionados consider the American Silver Eagle coins sets a valuable addition to their collection. Though many consider the Eagle coins a collector's item across the world, only the serious collectors know that it is made off the purest legal silver in the history of the United States.

There are a number of other aspects linked with silver eagle coins that add to their value. First of all their size is such that they are easily portable. Hence you can carry your collection around with you.

These coins have a government guarantee status which is applicable universally. This makes the coins highly liquid and they retain great value around the world.

The value of silver eagle coins is high but how do you compare them with other collectible coins. Their worth differs in that these coins are not antique.

Contrary to popular belief, these coins are young and have been in circulation for only two decades.

When looking at purchasing a set of silver Eagle coins you need to verify were the coins were produced and what date they were minted on. Further you must be able to identify the mint marks and also know in detail abut which ones constitute a good finish.

These coins are not meant for market circulation or trading but were created and issued only for collectors. The collectibles can be purchased directly from the US Mint.

In the early years of silver eagle coins the uncirculated coins were not available for sale from the mint. Rather they could only be purchased from accredited coin dealers and precious metal firms.

This is perhaps one of the most sought after silver eagle coins by collectors. The 1955 silver eagle is part of the first limited edition set of coins. The set also had the 1995-W Proof American Silver Eagle which was not found by itself in the market.

The set included the American gold coin in one ounce, half ounce, quarter ounce and the tenth coin. This complete set was available at a tag lower than 1000 dollars and only 125 sets were produced.

The fact that the American eagle coin collection is guaranteed by the government gives the collector an assurance regarding the purity, value and weight of the coins in question. These coins are loaded by hand into the coin press and then they were stuck on specially burnished blanks that had the special mint mark for each coin.

Today the American silver eagle is credited as being the best selling silver coin collection of the world. Over 130 million have been sold since 1986 each one made from 100% pure silver guaranteed for by the sate. - 23210

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