Silver Stars

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What Are Silver Eagles?   by Kyles Humphrey

Since ages, silver has been the most affordable metals after gold. According to the experts of silver investments and the investment market, this is the right time to invest in silver metal. Current situation of global economy and investment market are ideal for investments in silver as silver prices are steadily increasing. Parking the money in this flourishing investment option is sure to yield great financial benefits in near future, say investment gurus.

Buying silver eagles is one of the safest ways to start investing in silver. They can be easily bought and sold at coin, jewelry, precious metal and collectibles' dealers, at brokerage companies and online as well. The price of it is calculated according to the silver spot price in the market, plus a small added amount of minting and distribution costs.

Minted by the United States since 1986, silver eagles are one-dollar silver coins. They contain minimum of one troy ounce of 99.9% pure silver. The purity and weight of these coins is guaranteed by United States Government. Produced for exacting the standards of weight and purity the silver eagles are highly regarded as an affordable type of investment. They are also considered as a legal tender with a face value of one dollar. Silver eagles are the only silver coins allowed by the US law to be included in an individual retirement account (IRA) portfolio.

The United States mints these coins regularly each year since the coin's introduction. They have issued American Eagles in various grades; bullion, proof and uncirculated. The basic grades are intended for use mainly as investments while proof coins that are of a higher quality than that of the it in terms of finish and strike are aimed at collectors. They are issued every year except 2009. The uncirculated coin program which was planned for the collectors of its began in 2006 and ran successfully until 2008.

First produced in 1916, the silver eagle features a picture of Lady Liberty on the front while rear side design shows a traditional American bald eagle emblem with shield, arrows and stars. The design of front side of silver eagle is based on 'Walking Liberty' - the half dollar coin designed by Adolph A. Weinman and the rear side's design is done by John Mercanti. The front side design of silver eagle is considered to be one of the most beautiful of all United States coins.

Affordability, credibility, and beauty are the qualities of American silver eagles that have made them the world's best-selling silver coins.

About the Author

The author is an accomplished writer in silver market, mining & stocks, who regularly writes articles related to silver prices, silver spot price including tips on investment in silver. Please visit silverprices.com for more details.
Silver Stars STEELBAND Battlezone 2010.AVI


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