American Eagle Silver coins are precious metals coins that feature an image of Lady Liberty in all of her glory. The Silver Eagle Dollar coin series was first released in 1986. It is only available in a one troy ounce size and $1 denomination. It is made from 99.9% pure silver, which is above 22-karat standard. Adolph A. Weinman originally created the coin’s image, and the same image was used on the Walking Liberty Half Dollar coin from 1916 to 1947. How have Silver Eagle coins been selling as of 2010?
The demand for silver coins in general has been very high, as silver continues to act as a hedge against inflation and economic downturn. The American Eagle Silver series has been exceptionally successful. The newest set debuted in May and the U.S. Mint reported their best figures ever for the month. The Mint also claimed their second best month ever for total American Eagle Silver Dollar sales. The newest proof sets sold 3,636,500 in quantity for the month. These earnings were a great improvement over the 2009 opening. It was second only to the original 3,696,000 sold in December of 1986.
Experts predict that if sales continue for the American Eagle Silver coin series as they are, it may be difficult for the Mint to continue to offer proof and uncirculated versions of these coins. American Eagle Silver Dollars are revered not only for their history and artistry, but also for their 100% American silver source making. Currently, these coins are selling at a price slightly above silver bullion, which may be evidence of their future appreciation. The American Eagle Silver series is certainly a popular collectable in this day and age.
