Silver Eagle American » american silver eagle http://silvereagleamerican.com American Silver Eagle Coins Sat, 16 Apr 2011 02:48:20 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Investing In Silver Bullion Coins http://silvereagleamerican.com/2008/09/investing-in-silver-bullion-coins/ http://silvereagleamerican.com/2008/09/investing-in-silver-bullion-coins/#comments Sat, 06 Sep 2008 01:21:36 +0000 silvereagleamerican http://silvereagleamerican.com/?p=61 Silver coins are one of the oldest forms of coinage. Silver has been used as a currency since ancient times, including the silver drachma used by the ancient Greeks. Many factors go into determining the value of silver coins, including condition, rarity, age, condition and scarcity.

Besides being coveted by collectors, silver bullion is popular among investors and has an international trading currency symbol of XAG under ISO 4217. Historically silver has been the most affordable precious metal available.

Since 1986, the United States Mint has produced one-dollar "Silver Eagles". Each Silver Eagle contains at least one troy ounce of 99.9% pure silver. Many times, silver will track the price of gold due to store of value demands, but may have a varying ratio. That ratio is often analyzed by bullion investors. Throughout most of the 19th century, that gold to silver ratio was fixed by law in Europe and the U.S. at 1:15.5, meaning that one troy ounce of gold would purchase 15.5 ounces of silver.

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