The 1 ounce American Silver Eagle is in its 40th year of issue. The U.S. Mint first released it in 1986 under the Liberty Coin Act of 1985, and it is the official silver bullion coin of the United States of America. The U.S. government and the U.S. Mint guarantee and certify that 1 oz silver eagle coins contain a minimum of one troy ounce of 99.99% pure silver.
Due to high demand. In 2023 alone, they minted over 24.7 million silver eagles, making it over 561 million minted since 1986. To limit counterfeiting, the U.S. Mint added various security features, including reeded edges and a missing notch that is differently positioned every year.
The American silver eagle coin is very popular across the globe and is often described as the most beautiful American coin. Thanks to the U.S. government and U.S. Mint backing, it has high liquidity; it can be bought and sold with ease.
Additionally, silver eagles are easily accessible due to their high mintage and are also very affordable. Hence, they are an obvious, low-cost pathway to investing in precious metals and are highly sought by investors and stackers. They are also eligible for inclusion in precious metals IRAs, making them a safe investment option for anyone with even the slightest interest in saving money in a stable commodity.
Note: The U.S. Mint does not sell American Eagle bullion coins directly to individuals. Only authorized dealers, such as Monument Metals, are allowed to sell American Eagle coins.
