Why buy American Silver Eagle Coins?

American Silver Eagles are offered in 1 oz silver coin sizes by a network of local and online silver coin dealers throughout the world. The Silver American Eagle Coin is considered by many silver bullion industry experts as perhaps the best silver coin selection in the physical silver bullion market.

American Silver Eagle Coin features:

• Guaranteed to contain 1 troy ounce of .999 fine silver bullion.

• USA legal tender with a $1 USD face value (silver dollar).

• Generally bought and sold with a price premium over the silver spot price.

• May ship either in protective flips, US Mint Tubes of 20, or in sealed US Mint Box of 500 coins.

• Confidentially shipped to your door or to your non-bank Silver Storage Account.

• Also eligible for Silver IRA or Silver RSP investments.

American Silver Eagle Coin history

The US Mint began striking the American Silver Eagle coin in 1986. The Silver Eagle coin remains the official silver bullion coin of the United States of America. 

Since its inception, over 500,000,000 ounces of Silver American Eagle coins have been purchased by investors and coin collectors around the world.

The U.S. government guarantees each American Silver Eagle coin contains the stated .999 fine silver weight in troy ounces. The USA’s Secret Service enforces the government’s American Silver Eagle coin guarantee.

Silver Coin Prices

American Silver Eagle Coins generally receive the highest buy and sell prices amongst all the modern high mintage silver bullion coins issued today.

When physical silver supplies cannot properly meet demand, the premium or price per Silver Eagle coin over the silver spot price can increase sharply (e.g. 2008 Financial Crisis silver coin shortage).

These official American silver coins have low $1 US silver dollar legal tender face values. This assures they will not circulate nor compete with Federal Reserve Notes (more commonly referred to as US dollars). 

In the silver bullion market, silver coin prices are based on overall weight and the fluctuating silver spot price. 

Higher Silver Coin Price

American Silver Eagle coins are the most popular government minted silver bullion coins in terms of overall sales volumes. These silver coins also demand some of the silver bullion industry’s highest silver bid prices (the price silver dealers are buying these silver coins back at).

In general, online silver dealers pay a price above the fluctuating silver spot price when buying Silver Eagle coins back from investors. This is often not the case with other less popular silver bullion coins.

Higher Silver Eagle Coin Price

The American Silver Eagle coin also demands the highest silver ask price amongst other competing high mintage government silver bullion coins like the Canadian Maple Leaf coin or Australia’s Perth Mint Kangaroo Silver coin.

In summation, a Silver American Eagle coin’s price per ounce will usually be both higher when (1) buying and (2) selling them compared to other competing highly sold government minted silver coins.

American Silver Eagle Coin Design

The American Silver Eagle’s front or obverse features a throwback to the “Walking Liberty" coin design by Adolph Weinman.

The silver coin’s front design was originally struck on the U.S.A.’s Walking Liberty Half Silver Dollars Coin which was one of the many various 90% silver quarters, dimes, and other coin designs struck and circulated in the USA until 1965.

On this modern 1 oz American Silver Eagle coin we find Lady Liberty carrying branches of laurel and oak with the United States flag draped over her shoulders. The year of strike and the word ‘LIBERTY’ and ‘IN GOD WE TRUST’ are also engraved on the front of this most popular modern silver bullion coin.

The American Silver Eagle coin back side or obverse design is by John Mercanti. The back of the coin is struck with the depiction of an eagle behind a shield. The eagle holds an olive branch in one talon and arrows in the other talon. There are also 13 five-pointed stars representing U.S.A.’s original Thirteen Colonies.

This silver coin obverse is also minted with the phrases ‘UNITED STATES OF AMERICA’ and ‘1 OZ. FINE SILVER~ONE DOLLAR’. The Latin “E PLURIBUS UNUM’ (meaning: out of many, one) is also struck on the banner that the eagle holds from its beak on the back of this modern silver bullion coin.

Silver delivery to door?

Safe shipment in the mail of silver coins, silver rounds, and silver bars is more common than you might think.

The majority of our customers take fully insured physical delivery to their door or preferred mailing addresses.

Upon fully cleared payment of your order with Kitco, your silver coins or other bullion products are secured tightly in nondescript packaging. All parcels are shipped with full insurance, postal tracking, and adult signature requirements.

Silver storage with a 3rd party non-bank Silver Vault?

You can elect to deliver and store your silver coins and bullion bars safely and securely with Kitco’s Allocated Storage Program.

Kitco offers multiple third party non-bank silver vault options all fully insured, segregated, and allocated as your property at all times.

Kitco Metals' network of top-tier silver vaults includes some of the most secure silver storage facilities in Canada, Hong Kong, the United States (COMEX approved), and the Cayman Islands (certain conditions apply).

Keep your silver bullion purchases outside of the banking and financial systems with our Silver Storage Solutions.

Why buy Silver Coins?

Since the beginning of the 21st Century, there has been a general increase in silver prices in virtually all currencies with record numbers of silver coins being sold to the investing public.

During and following the 2008 Financial Crisis, the trend of online silver dealers selling silver coins, silver rounds, and silver bullion bars to the investing public has dramatically increased as well.

It has become quite common for investors to buy silver coins in order to better diversify risks to their wealth. American Silver Eagle Coins are often bought for Silver IRAs, Silver RSPs, and to diversify one’s investment portfolio.

Why buy Silver Eagles from Kitco?

Finding a trusted local or online silver coin dealer who promptly delivers quality silver coins and bullion bars at fair and reasonable prices can be difficult. We have been working in the silver bullion industry for over 40 years and seen many local and online silver coin dealers come and go.

Since 1977, Kitco has been buying and selling silver and other precious metals. We are the world’s #1 Silver News website and a trusted online gold and silver coin dealer.

Want more information on how to sell and buy gold? How to sell and buy silver? 

Please reach out to our first class Customer Service Representatives by email <info@kitco.com> or by calling them at 1 877 775-4826 (US and Canada) or at 1 514 313-9999 (Worldwide).