This month American Eagle silver coins have reached an all time high in sales due to the number of people looking for a different currency option as the U.S. central bank continues to move towards unprecedented stimulus. According to mint data the sales for this month have reached 7.42 million ounces so far this month while in December of 2012 total sales only reached 1.635 million ounces. This month is the largest amount of silver sales since 1986. The high demand for silver is being supported by the loose monetary policies and increased industrial consumption. In a report on January … [Read more...]
Strong Demand for American Eagle Silvers Leads to Suspension of Sales
February 1, 2013 by
The US mint which sells a wide range of bullion gold and silver coins through its network of authorized dealers has announced suspension of sales of its 2013 dated American Eagle Silver Coins for the time being. The sale will be resumed soon. The decision comes as the inventory of these freshly minted coins run out and investor demand for these coins surges in the first fifteen days of their launch itself. The strong demand for these coins is attributable to the growing popularity of bullion as a safe investment because of growing fears about a possible recession in the US. Addressing … [Read more...]
Canadian Silver Coins
October 29, 2012 by
Canadian silver coins are a great collectors item not only because of their aesthetic beauty but also because of their silver content. Coin collectors don’t just collect coins to increase their assets, in fact most coin collectors do it because it can be a fun and enjoyable pastime. Silver coins are great to collect because they are the most affordable of all precious metal coins and it is quite easy to build a large collection pretty quickly. The most popular Canadian silver coin is the Canadian Silver Maple Leaf. There was so much success with the Gold Canadian Maple Leaf produced in … [Read more...]
Looking Through the Numismatic Glass
August 21, 2012 by
David Bowers, of PCGS, wrote a column “The Joy of Collecting,” published in Coin World on April 2, 2012. In it he said, “The year 2012 marks the sesquicentennial of the greatest monetary disruption in American History.” While the North and South were forced into the most dangerous dispute the nation has ever seen, a variety of coins, currency, tokens and also postage stamps were employed to carry on the commerce. The second part of this article talks about the tokens that were struck by a variety of sources to allow daily transactions possible. Plantations and agriculture in the … [Read more...]
American Silver Coin
November 16, 2011 by
American Silver Coin The contents of the Silver Eagle coin, the weight, and purity of the silver are certified by the United States Mint. The US Mint also produces a proof version and an uncirculated version of coin for collectors. The Silver Eagle has been produced at three mints: the San Francisco Mint, the Philadelphia Mint, and the West Point Mint. As mentioned before The American Silver Eagle bullion coin may be used to fund IRA accounts. There are certain criteria that must be met to qualify, but it is not difficult and speaking to a precious metals specialist will give you all of the … [Read more...]
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