American Silver Bullion Coins
A 31 gram silver coin is hailed as the official silver bullion coin of USA. This liberty silver dollar is authorized on November 24, 1986 by the United States Mint according to content, purity, and weight. It’s worth one US silver dollar! It is only an ounce big but it is guaranteed to have 99.9% amount of pure silver.
Adolph A. Weinman designed the obverse side based on his “Waking Liberty” half dollar design last 1916. It was revived on the American silver eagle dollar since it has been the crowd’s favourite becoming an iconic design. As such, the silver coin’s design became one of the most famous designs in American coin history. In the obverse side, it is inscribed with the year of issuance, the phrase “In God We Trust”, and the word “Liberty”. An eagle with a shield is seen at the reverse side and this signifies strength and endurance. John Mercanti is the co-designer of this side. He portrayed an eagle to signify the Great Seal of the United States. There were thirteen five-pointed stars on the reverse side and this signifies the thirteen colonies of America at that time. The reverse is also inscribed with the phrases “United states of America”, 1 oz FINE SILVER DOLLAR telling its size, and E PLURIBUS UNUM, and also the mintmark if it is necessary.
The coins were initially in bullion version but in the latter part a proof and uncirculated version were also produced in various mintmark loctaions. The latest additions were released for collectible purposes especially those who really want to complete all sets of coins released in history. The three mints were Philadelphia Mint, San Francisco Mint, and West Point Mint. Bullion Silver Eagle coins bear no mintmarks. Proof American Silver Eagle coins are minted at San Francisco bearing the “S” mintmark while those which are minted at Philadelphia bear the “P” mintmark. The mintmarks are S, P, and W. The uncirculated version released on 2006 onwards bear the “W” mintmark but if the uncirculated coins were released earlier they bear an “s” mintmark.
These coins are recognized nationwide with silver value and remains to be America’s only legal silver coin. This coin retains its value all over the world which makes it a good and attainable investment. Several people also consider these coins to be good short-term and long-term investment strategies. Its value is not subject to change especially in stock market. Truly, these coins are essential additions to your collection,or can be one’s saving grace during hard times or during inflation cases. Whatever the case may be, this US silver dollar is still relevant in today’s society and remains to be an iconic symbol of US’ rich history.