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Friday, July 17, 2009

The Silver Eagle Coin Collection

By George Lapidis

Any coin collector knows that his collection cannot be complete lacking the silver eagle coin. The set of American Silver eagle coins is special because they are the largest in size and are made using the purest legal silver in the history of the United States.

The coins come in a size that makes them easily portable, and the owners can move them conveniently. This is by far the most appealing aspect of the American Silver Eagle coin collection.

Secondly American silver eagle coins have universal liquidity which makes them valuable all around the world. Furthermore it has a government guaranteed status which acts as another plus point.

The Silver Eagle coin collection is not an antique collector's item, so one might wonder how to compare their uniqueness and appraise them in comparison with other collector coins.

This collector's item is a young issue and has been in exchange for only 20 years.

When looking at purchasing a set of silver Eagle coins you need to verify were the coins were minted 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.

The Silver Eagle coin collection is available only for collectors and not meant for market circulation and trading. They 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 available by itself in the market.

The one ounce American gold eagle along with the half, quarter and tenth were also included in the set. The set was available in the market for less than a grand with only 125 sets minted in total.

The purity is guaranteed by the fact that the government guarantees the collector through certification. These coins are filled onto the coin press manually by the minters and then they were pasted on special blanks which were burnished to create a unique mint mark for each coin.

In present times the American silver eagle coin is the best seller in the global silver coin market. Over 130 million pieces were sold since 1986 and each was made from 100% pure silver guaranteed by the government. - 23167

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