Silver Historical Background

The American Eagle Bullion program was launched in 1986 with the sale of gold and silver bullion coins. . A bullion coin is a coin that is valued by its weight in a specific precious metal.  Sources of silver include; silver mined directly, silver mined as a by-product of gold, copper, lead and zinc mining, and silver extracted from recycled materials, primarily used photographic materials..The dawn of the 20th century marked an important economic function for silver, that of an industrial raw material. Silver was used for the nation’s coinage until its use was discontinued in 1965.the ancient civilizations found silver deposists plentiful on or near the earths surface .from onwards the Silver has attracted man’s fascination for many thousands of years.. This metal took on near mystical qualities in marking important historical milestones throughout the ages, and served as a medium of exchange. Today, silver is sought as a valuable and practical industrial commodity, as well as an appealing investment precious metal.   Although silver is relatively scarce, it is the most plentiful and least expensive of the precious metals. The biggest silver producing countries are Mexico, Peru, the United States, Australia and Chile