If you are looking for financial security then you may be also looking to invest in silver eagles. These coins could be the best way to invest in a market without fearing repercussions from a lingering economy. But why the eagles? This silver coin has a face value of $1 and is produced by the United States Mint. Since its induction in 1986, this coin has proven to be the most successful silver bullion coin making it very stable in the precious metals market. These coins contain one ounce of pure silver.
You should know a few things before investing in bullion as there may be some confusion when comparing it to other similar silver coins. It is true that this coin has a face value of $1. However, lately, the Silver Eagle has been categorized as numismatic. This means that although it is worth $1 monetarily, the US Mint is actually allowed to sell the coin at a rate which is larger than its face value. In 2009, this coin has been selling for $4 or more per coin (over spot value).
When referring to eagles, we are not talking about the silver dollar. Those who refer to this silver coin as a silver dollar may be disappointed once they see what they have invested in. Only coins which were produced between 1878 to 1904 and once again from 1921 to 1935 are actually called silver dollars. That is why it is crucial for investment purposes to refer to the eagle by name and not by its mere face value.
Due to the safety of investing in precious metals over intangible items, the silver eagle is an excellent option for investment purposes. It is very valuable as silver bullion and has proved to be a popular selling item between investors and coin collectors. If you are looking for an investment with relative economic security, these coins are an ideal choice for your precious metals portfolio.
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