American Eagle Silver Bullion Coins: What Are They and Why Should You Sell Yours?
Do you have an American Eagle Silver Bullion Coin in your collection? If so, selling it may provide some extra cash as you enter the new year.
American Silver Eagles, as they are more commonly known, are among the most popular and best-selling silver coins in the world. First issued in 1986 and available in bullion, proof, and burnished versions, each one-dollar silver coin contains a minimum of one troy ounce of .999 pure silver.
According to the United States Mint, American Silver Eagles are the only silver bullion coins whose weight and purity are guaranteed by the U.S. Government, which is an important attribute for both buyers and sellers. They are also the only silver coins allowed in an IRA.
What does an American Silver Eagle look like?
The obverse (front-facing or “heads”) side of an American Silver Eagle coin features the iconic “Walking Liberty” design first created by sculptor Adolph A. Weinman in 1916. The reverse side is what gives the coin its patriotic name, because it is there that you will find the heraldic eagle symbol, with its wings spread below 13 stars representing the 13 original states.
What makes an American Eagle Silver Bullion coin valuable?
Depending on when it was issued, the condition of the coin, the mintage (i.e., where it was minted: Philadelphia, San Francisco, or West Point, NY), the current market, and other factors, your American Silver Eagle might be worth considerably more than you thought. For example, a rare 1999 American Silver Eagle sold for more than $13,000 at a recent PCGS auction!
Why sell your coin now?
There is no denying that 2020 was a tough year for a lot of people, especially since many businesses were forced to lay off staff or close their doors altogether due to widespread social distancing mandates. Selling your gold and silver coins, jewelry, and other items is a great way to put some extra money in your pocket for an added sense of security in the new year.
Of course, the surest way to know you are getting the most value for your American Silver Eagle coin is to work with a reputable buyer you can trust.
Get top dollar for your silver coins at Southwest Jewelry Buyers.
Southwest Jewelry Buyers offers superior prices for your American Silver Eagle coins, and our award-winning team of highly qualified appraisers is second to none. Once you’re ready to sell, we make it easy to receive your money in just four easy steps:
- Call us at (480) 773-8004 or fill out our online form to schedule an appointment.
- Come to our convenient location in the Scottsdale Airpark.
- Meet with an appraiser who will evaluate your silver coins and make you an offer.
- Accept our offer and collect your money on the spot.
It’s really that simple!