American Silver Eagle

American Silver Eagle is a silver bullion coin issued and released by the United States Mint in 1986. The coin has a face value of 1 U.S. dollar and contains 99.9% pure silver. Coins made from precious metals are commonly known as Bullion Coins. These coins are mainly used and stocked as an investment. American Silver Eagle Silver Bullion coins are sometimes used in funding Individual Retirement Accounts.

The mass of an American Silver Eagle coin is 31.103 gram with a thickness and diameter of 2.98mm and 40.60mm respectively. The weight and content of the coin is authorized by the United States Congress. The obverse of the coin features the “Walking Liberty”, designed by Adolph A. Weinman. This design was very commonly used on most of the silver coins of the United States. The reverse depicts a heraldic eagle which was designed by John Mercanti.

American Silver Eagle Coins are also minted in special proof versions. These versions are popular among the coin collectors. The American Silver Eagle coins are minted from three separate locations, Philadelphia Mint, San Francisco Mint and New York West Point Mint. The coins contain the initials of these mints as a mintmark like “P”, “S” and “W” respectively.