US Silver Eagles in Utah
US Silver Eagles in Utah: Buy or Sell
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US Silver Eagles in Utah are the most popular Government minted silver bullion coins in the world. In addition, Silver Bullion is defined as .999 pure. As a result, this means it has impurities of less than .001 percent. Also, this .999 Pure Bullion Coin has a nominal face value of one dollar. It is actually worth the price of one troy ounce of pure silver and an additional premium.
The premium over spot varies based on supply and demand. The US mint usually runs out of these Coins in the Early Fall. It will not release the next year’s mintage until the first few months of the following year.
It is important to know that all of the silver coins are sold in Uncirculated condition by the U.S. Mint. Also.They are packaged in tubes of 20. Also, the Eagle Coins are sold by the US mint in the well known Green “Monster Box”. Monster Boxes are sealed by the Mint before they are shipped. Each one contains 25 tubes of twenty silver eagles. That’s 500 Troy Ounces of .999 pure silver total. Resellers are free to break open the boxes and sell individual coins or tubes. If you own a Mint sealed Monster Box, leave it sealed! All Silver Eagles are IRA eligible and COMEX depository approved.
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History of the US Silver Eagle Coin
The American Silver Eagle is a silver bullion coin that was first introduced by the United States Mint in 1986. And, the Liberty Coin Act of 1985 authorized its creation. Also, President Ronald Reagan signed this Acr into law on July 9, 1985.
The US Mint produces the Silver Eagle at its facilities in West Point, New York; San Francisco, California; and Philadelphia, Pennsylvania.
The coins are struck in .999 fine silver and have a face value of one dollar.
The obverse design of the Silver Eagle features Adolph A. Weinman’s Walking Liberty design. Also, this image was originally used on the half dollar coin from 1916 to 1947. The reverse features a heraldic eagle designed by John Mercanti.
The Silver Eagle quickly became popular among investors and collectors due to its high silver content and beautiful design. The coin has a weight of 1 troy ounce (31.1 grams) and a diameter of 40.6 millimeters.
The U.S. Mint has also produced proof and uncirculated versions of the Silver Eagle for collectors. These coins are minted with special finishes and are often packaged in protective cases or presentation boxes.
Over the years, the Silver Eagle has become one of the most popular bullion coins in the world. As a result, millions of coins are sold each year. Also, they are widely recognized and accepted as a form of currency and a store of value. The coin has also been the subject of many special editions and commemorative designs, making it a favorite among collectors.
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