Why American Silver Eagle Coins Are a Good Investment | Arnold Jewelers (2024)

Trends / Why American Silver Eagle Coins Are a Good Investment

Why American Silver Eagle Coins Are a Good Investment | Arnold Jewelers (1)

American Silver Eagles are among the most prominent American coins ever made. They are one of the most iconic coins on the American market, and it has a rich history. It is also worth noting that American Silver Eagles are graded based on their rarity, condition, and purity-a hallmark of any coin’s quality!

American silver eagles were first minted in 1986 because demand forsilver was so high at this time due to collector interest in American coins after an earlier production hiatus. And while they’ve seen ups and downs over the years, this year there has been a surge in popularity thanks to increased American Silver Eagle sales and increased American Silver Eagle demand.

Why American Silver Eagle Coins Are a Good Investment | Arnold Jewelers (2)

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This leaves many people asking, are silver eagles a good investment?

The American Silver Eagle dollar is a great option for those who want to invest their money into something that is more tangible than government bonds or stocks. Unlike many other forms of American currency, American Silver Eagles have been produced in a way that will be worth more than their face value, which is why American Silver Eagles are among the most prominent American coins ever made. Many folks continue to ask are silver eagle coins a good investment, and our answer is a resounding yes!

The American Silver Eagle Coins feature lady liberty walking toward the rising sun. They are often considered one of the most beautiful American coins out there. The back has an American bald eagle soaring in the sky with thirteen stars symbolically representing American colonies.

They are made of 1 troy ounce of99.9% fine silver, which makes American Silver Eagles pretty large. You may need a few American Silver Eagles to make an impression! American Silver Eagles have a one-dollar face value, but they carry their weight insilver. They are quite heavy. American Silver Eagles are bigger than American Gold Eagle Coins, which are smaller in size because American Gold Eagle coins contain less of the precious metal that American Silver Eagles do.

Why American Silver Eagle Coins Are a Good Investment | Arnold Jewelers (3)

Reasons American Silver Eagles are a Good Investment:

American Silver Eagles make great investments because they carry an intrinsic value and won’t fall in value like other currencies.

Silver Eagles come with a limited mintage. This means American Silver Eagles produced under specific conditions guaranteed their rarity. They will maintain their value no matter what happens to American currency.

They are priced well and have a great value for the price. This creates popularity among many American collectors as well as investors! American Silver Eagles are also extremely easy to purchase. They are available at all local coin shops that you can find on Google.

American Silver Eagles are also available for purchase onlineso be on the lookout for silver eagles for sale. American Silver Eagles are one of the most prominent American coins that you can buy today because American Silver Eagles have a rich history and this Silver American Eagle will never go out of style.

Looking to Invest in American Silver Eagles?

Why American Silver Eagle Coins Are a Good Investment | Arnold Jewelers (2024)

FAQs

Why American Silver Eagle Coins Are a Good Investment | Arnold Jewelers? ›

American Silver Eagles

American Silver Eagles
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986, and portrays the Goddess of Liberty in a design by Adolph A. Weinman that was originally used on the Walking Liberty half dollar from 1916 to 1947.
https://en.wikipedia.org › wiki › American_Silver_Eagle
make great investments because they carry an intrinsic value and won't fall in value like other currencies. Silver Eagles come with a limited mintage.

Are American Silver Eagle coins a good investment? ›

In conclusion, American Silver Eagle coins are a worthwhile investment due to their intrinsic value, historical performance, and the diversification they offer to your investment portfolio.

Do Silver Eagles increase in value? ›

Throughout this period, the value of the American Silver Eagle coins fluctuated along with silver prices but also saw increases due to collector demand and the coin's reputation for quality and reliability.

What makes a Silver Eagle more valuable? ›

American Silver Eagle coins are among the most highly-priced in the world due to their low mintage quantities, strong government recognition, and collectible value.

What is a good premium for Silver Eagles? ›

Uncirculated American Silver Eagles typically carry a premium of a few dollars over the spot silver price. American Silver Eagle proofs, however, can carry premiums that are three times the spot price. The premium on a proof coin will depend on the year, scarcity and condition.

Can you buy Silver Eagle coins at a bank? ›

Banks typically sell American Silver Eagles as part of their bullion services, which allows customers to invest in precious metals. The American Silver Eagle is a recognized currency; it can be purchased from several banks and financial institutions.

How much should I pay for an American Eagle silver dollar? ›

The current ask purchase prices for a one ounce Silver American Eagle is: $33.77.

What is the best year of Silver Eagles to buy? ›

Years that you should look for in more worth are the 1980s to the early 2000s. Most valuable Silver Eagles coins: 1995-W Proof: $2,500-$3,200+ 1996 Uncirculated: $40-$65+

Do you have to pay taxes when you sell Silver Eagles? ›

Neither the sales tax nor the use tax applies to sales of "monetized bullion," nonmonetized gold or silver bullion, and numismatic coins provided the following conditions are met: (A) The sale is in bulk amount.

How much can I sell my American Silver Eagles for? ›

Good to Know
Current material value$29.73
Good price for selling the coin$28.27
Good price for buying the coin$30.47

Why is the 1999 Silver Eagle so valuable? ›

The most expensive Mint State 70 American Silver Eagle is the 1999. The 1999 was not the lowest mintage by any means but is worth so much because there are so few graded in perfect 70.

What is the difference between type 1 and type 2 Silver Eagles? ›

The Type 1's traditional emblem carries a sense of heritage, while the Type 2's intricate details provide a contemporary flare. For more information about both Type I and Type II American Eagle Silver Coins, contact a Monex account representative.

Why is the 1995 Silver Eagle so valuable? ›

The 1995 American Silver Eagle bullion version is in the middle of a three-year run of low-mintage releases. In 1994, the United States Mint produced a then-record low 4,227,319 bullion strike coins, which was followed by 4,672,051 in 1995. Lower than both was the record-low mintage of 3,603,386 coins in 1996.

Is it smart to buy Silver Eagles? ›

Reasons American Silver Eagles are a Good Investment:

This means American Silver Eagles produced under specific conditions guaranteed their rarity. They will maintain their value no matter what happens to American currency. They are priced well and have a great value for the price.

Is it better to buy silver coins or bars? ›

In general, silver bars tend to offer the most cost-effective pricing with the lowest premiums over spot compared to silver coins of the same weight. Storage logistics and costs are also lower for smaller amounts of silver, but become more of a consideration as the total dollar value of holdings grows larger over time.

Why buy American Eagle coins? ›

American Eagle Bullion Coins provide investors with a convenient and cost effective way to add a small amount of physical gold, silver, platinum, or palladium to their investment portfolios. The gold bullion coins are available in four sizes: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce.

Are American Eagle coins worth anything? ›

They were first introduced in 1986 and are popular among precious metal investors and collectors. The coins contain one troy ounce of . 999 fine silver and have a face value of one US dollar. However, their actual value is tied to the current price of silver in the market.

What year is the best Silver Eagle coins? ›

Years that you should look for in more worth are the 1980s to the early 2000s. Most valuable Silver Eagles coins: 1995-W Proof: $2,500-$3,200+ 1996 Uncirculated: $40-$65+

How much can I sell my Silver Eagle coins for? ›

Good to Know
Current material value$30.66
Good price for selling the coin$29.15
Good price for buying the coin$31.42

Is it better to buy silver bars or silver coins? ›

In general, silver bars tend to offer the most cost-effective pricing with the lowest premiums over spot compared to silver coins of the same weight. Storage logistics and costs are also lower for smaller amounts of silver, but become more of a consideration as the total dollar value of holdings grows larger over time.

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