Man In Progress Quenching Your Thirst For Knowledge

19Feb/110

Collecting American Silver Eagles for Fun and Investment

The demand for American Silver Eagle coins has been great from it's inception in 1986.  As long as the supply of silver keeps up with the demand, consumers keep coming back for more.  They are a great investment and fun to collect as well.

The design comes from the walking liberty silver half dollars which came just before the franklin silver half dollars.  The stunning design of the Silver American Eagle Coins is one of the reasons collectors love to buy them each year.

1986-2011 UNC American Silver Eagle Full Set SGS Graded MS70In 2009 over 30 million uncirculated Silver Eagles were minted and the public snapped them up so fast that the US mint did not save enough blanks to mint the Proof version of the American Silver Eagle Coins.  The mint then resumed production of the Proof Silver Eagles in 2010 with better planning and a larger volume of silver purchased ahead of time.  New laws in 2011 prevent the US mint from having to mint as many Uncirculated Silver Eagles to meet public demand and sacrificing the beautiful Proof Eagles.  The US mint still must keep up with the public demand but they are allowed to reserve some blanks for the Proof Silver Eagles now.

The uncirculated 2011 Silver Eagle has already been released to the public already and consumers can't get enough.  The least expensive way to buy American Silver Eagle coins is to by them in rolls.  Cheap silver eagle rolls can be found on eBay, Amazon and my favorite place APMEX (American Precious Metals Exchange).  A rolls of Silver Eagles is 20 Coins and the price is governed by the spot price of silver.  Buying in rolls will give you the cheapest price above the spot price in comparison to buying them individually.  Whether you are collecting American Silver Eagles as a hobby or as an investment they are sure fun to collect and become more valuable over time.

Similar Posts:

Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

(required)

No trackbacks yet.