American Silver Bullion Coins
The silver bullion coins are priceless treasures of America. This liberty silver dollar is authorized on November 24, 1986 by the United States Mint according to content, purity, and weight. Its value is one US dollar in silver. It contains 99.9% pure silver but it is only one ounce in size.
In the obverse side, Adolph A. Weinman designed it to be similar to his “Waking Liberty” half dollar which makes this coin tagged as the liberty silver dollar. it was one of the public’s favourite design hence Weinman revived it on the silver coin. It became one of the most popular and adored design of American coinage in history. The obverse has inscriptions bearing the year of issuance or minting, the word “Liberty”, and the phrase “In God We Trust”. On the reverse side, a heraldic eagle accompanied with a shield can be seen which means strength and endurance. This side was created by John Mercanti. He portrayed an eagle to signify the Great Seal of the United States. Thirteen five-pointed stars are seen above the eagle which represents the thirteen colonies at that time. Lastly, this side is inscribed with the phrases “E PLURIBUS UNUM”, “1 oz FINE SILVER DOLLAR”, “United states of America”, and the mintmark if indicated.
The United States Mint has produced a proof version and an uncirculated version along with the bullion version. The first two versions mentioned are solely intended for coin collectors who are huge fans of the US silver dollar. The American silver eagle was produced at three mints namely the Philadelphia Mint, the West Point Mint, and the San Francisco Mint. Bullion liberty silver dollar coins have no mintmarks. Proof American Silver Eagle coins are minted at San Francisco bearing the “S” mintmark while those which are minted at Philadelphia bear the “P” mintmark. The mintmarks are S, P, and W. From 2006 onwards, the United States issued an uncirculated coin which serves as a collectible usually bearing the “W” mintmark but earlier versions of this type of American silver eagle have the “S” mintmark.
The American Silver Eagle dollar is USA’s sole official silver bullion coins that are legally recognized as investment-grade silver. This coin retains its value all over the world which makes it a good and attainable investment. Several people also consider these coins to be good short-term and long-term investment strategies. Its value does not change easily particularly in the stock market area since it is legal. No matter the date is, these coins is relevant because it can be wonderful additions to your collection if you are an avid coin collector or you can gain money from these during inflation or hard economic drops. Whatever the case may be, this US silver dollar is still relevant in today’s society and remains to be an iconic symbol of US’ rich history.