The American Silver Eagle is the official Government sanctioned Silver Bullion coin of the United States of America. The Silver Eagle was first released by the United States Mint on November 24, 1986. It is made exclusively in the 1 troy ounce denomination, and has a nominal face value of $1. The American Silver Eagle is guaranteed by the U.S. Mint to contain 1 troy ounce of 99.9% Pure Silver.
American Silver Eagle coins are the United States only official investment-grade Silver bullion coins and are considered one of the most beautiful U.S. Silver coins ever minted. They are recognized all over the world, and could be argued to be the most known coin on the planet. The American Silver Eagle is indeed the world’s only 1 ounce Silver bullion coin with the content, weight and purity guaranteed by the government of the United States.
The obverse (front) of the American Silver Eagle coins depicts the Walking Liberty design originally conceptualized by Adolph A. Weinman. His design was also used on the 90% Silver Walking Liberty Half Dollar (.50) coins issued by the U.S. Mint from 1916 to 1947. The "Walking Liberty" art on the Silver Eagle coin is one of the most well-known designs ever to be portrayed on Silver coins minted by the United States Mint. The reverse of the American Silver Eagle coins feature an American eagle, the symbol of our nation’s freedom, patriotism and national pride. This is obviously where the "American Silver Eagle" name comes from!
The American Gold Eagle is the official Government Gold Bullion Coin of the United States. The manufacture of them were Authorized under the Gold Bullion Coin Act of 1985. The American Gold Eagle was officially first released by the United States Mint in 1986.
Unlike the Silver Eagles, Gold Eagles are available in 1 Ounce, 1/2 Ounce, 1/4 Ounce, and 1/10 Ounce sizes. The 1 oz Gold Eagle is the most popular Gold Eagle Coin size option. These American Gold Eagle Coins, contain the actual denomination of Fine Gold as stated in their size and are guaranteed as so by the United States Government. They all have nominal face values for each size, when you could legally spend them, DONT! The Gold Value is considerably more than the Metal Value!
1 oz Gold Eagle= $50
1/2 oz Gold Eagle= $25
1/4 oz Gold Eagle= $10
1/10 oz Gold Eagle = $5
The obverse (front) of the American Gold Eagle coin is adapted from Augustus Saint-Gaudens’ famed Gold Double Eagle design of 1907, which regarded as the most beautiful design in American coinage. The vintage American Gold Eagle design features Lady Liberty walking confidently against the sun’s rays, carrying a torch and an olive branch. The reverse of the Gold American Eagles are equally beautiful, showing a male bald eagle in flight carrying an olive branch to his nest, where a female awaits with her young. Hence the name "American Gold Eagle!" The design of these 1 oz Gold coins highlights the strength and importance of American families.
As these are some of the most popular Gold and Silver Coins in the United States, it is important to remember that in all actuality these are Bullion for all intensive purposes. They are bought to invest in as Gold and Silver, and not typically bought for "collector values" like many Numismatic Coins. Generally speaking while many people do collect each year, or the different fractional sizes, at the end of the day they are worth their weight in Gold or Silver. There are definitely more "generic" or "basic" bullion investing options, but many feel more confidence in investing and retaining Gold and Silver Eagles, because of how widely they are known, as well as being Guaranteed by the United States Government. Many also are drawn to the beautiful design.
At Texas Gold and Silver Buyers of San Antonio, we deal with Gold and Silver Eagles on a daily basis as well as other Coins, Bullion, Jewelry, Scrap and Dental Gold. We are you local Precious Metal Experts. We are committed to providing a Gold and Silver Exchange for our customers with no frills and/or smoke and mirrors! We offer Hassle-Free, No Pressure quotes each and every day. We pay on the spot, and pay CASH! (Limits do apply) We exclusively utilize the Sigma Metalytics Precious Metal Verifier to test Gold Eagles, Silver Eagles, and all other Bullion and Coins. Many places will want to destructively test your bullion before making an offer, because the fact of the matter is, China and other Countries are heavily engaged in counterfeiting Gold/Silver Eagles, as well as many other Bullion and Coins. But you can take it to the bank, that if a buyer is destructively testing items, they are NOT paying TOP DOLLAR. That would be impossible because no one wants to buy or own a damaged Coin, Bullion Bar or Round. If they are destructively testing they are buying your items to take them to the refiner and melt them, which takes a huge cut right off the top. We DO NOT melt Bullion or Coins! Period. We have a large network of clientele to source the things we purchase to. We make very small margins of profit on the items we buy, and operate on volume, NOT making huge profits off unsuspecting customers! Our low overhead and Family Owned and operated store also allows us to pass the savings on to our customers in the form of HIGHER PAYOUTS for their Gold, Silver, Platinum and Palladium!
Give us a call or come by today for your FREE, NO PRESSURE, HASSLE-FREE QUOTE!
Texas Gold and Silver Buyers
3435 Thousand Oaks, Suite 107
San Antonio, Texas 78247
Thanks for stopping by our blog. My name is Evan and I am the owner of Texas Gold and Silver Buyers in San Antonio. From time to time I will post blog entries to help educate and inform our customers and potential future customers on all aspects of Precious Metals (Gold, Silver, Platinum & Palladium!)