For you planning to venture into the collectible coins, the American Silver Eagle Dollar coins, one thing that you should be aware of is that these do not come in just one form. Read on and see some of the things that you need to know, of basic nature, before you are finally making an investment in these collectibles.
First we will take a look at the history behind the American Eagle Silver Dollar coins. In the year 1986 the US Defense National Stockpile had a huge surplus of silver and the government sought for ways of doing away with the national deficit that resulted. It is this that resulted in the creation of the American Eagle Silver coins, seen as a way to help rid the deficit that was affecting the nation. These became so popular with many and by far and large, still remain a part of the US Mint to this day.
Talking of their weight composition, they are one ounce of silver and as for their face value, they have a face value equivalent to that of one dollar. In case you happen to be looking forward to making an investment in these coins, then note the fact that it would be so advisable to have as much knowledge on the differences there are between the various kinds of coins so as to be able to make better investment choices going forward. Read on and learn more on the silver coins and collectibles as seen below.
Precisely, these coins will often be available of three most basic kinds and these are such as the bullions, the burnished and the proof silver eagles.
The Bullion Eagle coins happen to be the most affordable of them all. They are often the choice for those who want to invest in silver. Added to this, you need to know of the fact that they will not often be sold directly to the consumers from the US Mint and over and above this, they never have a mintmark. One tip to help you as you shop for the bullion coins to invest in, consider it wise to look at the grading so as to know of where they have been minted.
One other of the coins that you may want to know of as we have already seen mentioned are the Burnished coins. Generally, these are but some of the rarest of the American silver coins. In as much as they happen to be another popular collectible coin sought by investors and collectors alike, the burnished coins still are such that are rarely released by the US Mint anyway.