Friday, September 30, 2011

Purchasing Silver Eagles

Silver Eagle bullion coins are not sold directly to the public. Instead, the Mint distributes the coins through a network of authorized bullion purchasers. These dealers purchase the coins in bulk quantities and then resell them to other bullion dealers, coin dealers, and the public. They are also required to create a two way market with the public, both buying and selling the coins to ensure liquidity.
Silver Eagle can be purchased through several options.  . Since a large number of coins are purchased, this usually yields the lowest premium per coin. More commonly coins are purchased by individual 20-coin rolls. The rolls have a distinctive green top depicting the seal of the United States Treasury. It can also be purchased individually. The premiums for purchasing coins individually are generally the highest in the market.


*Collecting Silver Eagles


From the beginning of the series, Silver Eagles have drawn the attention of not only bullion investors but also coin collectors. The coins are often viewed as the modern equivalent of Silver Dollars. Coin collectors can assemble the complete series by obtaining one coin for each date and adding to the collection with each new release.
The Mint has also produced different versions of the Silver Eagle specifically for coin collectors. From 1986 to 2008, the Mint produced and sold to the public proof silver eagle.These coins are struck with specially prepared dies to create sharp features, mirror like backgrounds, and frosted design elements. From 2006 to 2008,it produced a collectible uncirculated version of the silver eagle .

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