The 1 oz American Silver Eagle Coin is the most popular silver coin that circulates in the world. This 1 oz Silver Eagle Coin is created by the US Mint and backed by the U.S. Government. This silver coin contains 1 troy oz of .999 pure silver. The obverse side of the coin shows the renowned Walking Liberty design, and the reverse side of the coin shows the design of an immaculate eagle, the pride of the United States.
Product Specs
- Contains 1 Troy oz of .999 pure silver.
- Issued a face value of $1 (USD) by the United States.
- The reverse bears the immaculate eagle of the United States.
- Created by the U.S. Mint
Background
The American Silver Eagle Coins are a popular investment option for those seeking a guaranteed weight and purity of silver, backed by the United States Government. In addition, these Silver Eagle coins are permitted in an Individual Retirement Account (IRA). Each coin contains at least one troy ounce of 99.9% pure silver.
The obverse design of the 1 oz American Silver Eagle Coin is based on the “Walking Liberty” half dollar created by Adolph A. Weinman from 1916 to 1947. This design is widely regarded as one of America’s most beautiful coins ever made. In 2021, the U.S.
Mint celebrated the 35th anniversary of the American Eagle Coin Program with an updated design that incorporates some of Weinman’s original details, made possible through technological advancements in the design and minting process.
The reverse side of the American Eagle Silver Bullion Coins now features an eagle coming into land, carrying an oak branch as if to add it to a nest. To enhance the security of the coins, they have been updated with new security features, including a reeded edge variation.
From 1986 to 2021, the reverse design featured a heraldic eagle carrying an olive branch in one talon and arrows in the other, symbolizing strength and endurance. The updated design provides investors with a new and unique option for their investment portfolio.
