2011 American Silver Eagles
The 2011 American Silver Eagle will celebrate the twenty-sixth year in which the bullion version of the coin has been struck by the United States Mint. The coin was authorized by The Liberty Coin Act of 1985 and introduced to the public the following year.
Coinciding with the economic downturn that began in 2008 demand for the Silver Bullion Eagle has continued to be grow, offering many concerned investors a safe haven through which to diverify their portfolio. As a matter of fact, in each of the years following 2008, the US Mint has gone on to set new heights, breaking many of the previously established sales records for the coin. The 2011 version of the American Silver Eagle shows no signs of slowing down as the initial interest in the coin has been phenomenal.
Purchasers that have been authorized by the US Mint were able to start placing orders for the 2011 American Silver Eagle starting back in early January. The starting date for sales of the silver bullion coins is earlier than in the previous year. This is due to the fact that a situation had come about where there had been a surge of demand late in the year that delayed the production of coins which were to bear the date of the following year.
With the typical ordering process, the United States Mint’s primary distribution group are able to place 2011 Silver Eagle orders at a minimum quantity of twenty-five thousand ounces. These coins are then packaged in 500 count “monster boxes” that contain packages of twenty-five rolls each containing twenty coins. This group of distributors will then resell the coins to other coin and bullion dealers along with the general public to ensure availability.
The release of the 2011 Silver Eagle Proof coin is expected to happen by July 6, 2011. Recent modifications to the legislation that covers the program will allow the Secretary of the Treasury a greater amount of flexibility in the production of collector verions of the coin. This change came about at the request of the Mint, which sought to ensure that they would have the ability to continue to produce collectible coins through times where even the demand for bullion coins was unmet. Under this new law, it is possible that we will see the release of the 2011-W Uncirculated Silver Eagle. These uncirculated collectible coins are struck on burnished blanks and carries the “W” mint mark, but have not been issued since 2008.
American Silver Eagle Proof Coins
American Silver Eagle Proof Coins
First released through the United States Mint in 1986, the American Silver Eagle has come to be the official bullion silver coin of our nation. The obverse of the coins shows the initial walking liberty design created by Adolph A. Weinman that was first featured on the popular Silver Half Dollar put out 1916 to 1947. The reverse of the coin shows a eye-catching version of an American eagle holding a shield to symbolize the pride of America.
The proof versions of the American Silver Eagle coin are put out by the United States Mint with collectors in mind and are produced through a unique process utilizing reflective coin blanks that are placed manually through the coin presses that have been prepared with modified dies. Every coin is struck several times so the softly frosted, yet in depth images appear to drift over a mirror-like background. After study by the Mint's employees, each Proof Eagle is encased in a hard plastic container and mounted in a beautiful presentation holder with its particular official Certificate of Authenticity. Read more
Silver American Eagles For Investing Or Collecting
If you are looking for a diverse silver bullion product for a gift, or as an investment or collectible coin, you will find that Silver Eagle American Coins are favorably regarded by coin collectors and investors equally. They are some of the most exquisite bullion coins that you can have as a part of your portfolio or coin collection. The United States Mint's Silver Eagle Coin Program began back in 1986 and has turned out to be the leading silver bullion coin of the United States of America. Put out by the Mint, American Silver Eagles are quite useful in that they can be included by individuals towards the funding of an Individual Retirement Accounts.
The government mints these coins with 1 full ounce of .9999 pure silver content. This makes it one of the few bullion coins in the world to be created with such a high silver content. The bullion coins have a nominal face value of one dollar, but investors know that the true value of each silver eagle is based just above the current spot price of silver.
The bullion coins were manufactured and produced with the famed Walking Liberty design by Adolph A Weinman on the obverse. If you've ever viewed the unforgettable half dollar coins produced from the 1916 through to 1947, you will certainly be familiar with this magnificent version of Liberty. This is important in that these coins have helped the design depicted on the silver eagles to become such an legendary figure. The pattern on the coin's reverse was sculpted by John Mercanti, which features a heraldic eagle with its wings unfurled.
There are many collectors of American Silver Eagles and each has his or her individual basis for becoming involved in the hobby. Some collectors are in love with the coin's dazzling craftsmanship, while others get pleasure from the coins for their potential long term value.
To ascertain the value of a individual coin, a number of considerations should be taken into account including factors like the year that the coin is made, as some years they production figures were less than others, thereby lowering the overall numbers of bullion coin in the hands of the general public. Coin minted in 1991 and 1993 or anniversary editions for instance, tend to be among the most sought after coins that collectors are looking for, and bring higher demand when sold through coin dealers or at auctions.
At the moment, American Silver Eagles are enjoying a great rush in popularity, due to the uncertain economic climate. As precious metals have a propensity to make a excellent hedge against diminishing dollar values, investors are seeking the shelter that can be offered by precious metals including official silver bullion products from the U.S. Mint.