Tuesday, August 28, 2012

U.S. Silver Eagles

Silver has been a rare metal and it is precious like gold. These precious metals play an important role as currency. It is more regarded as investment by most collectors. Why do they collect and invest in it? There are so many reasons for that. I have seen the few collections of my cousins and it brings back a glimpse of history. A silver coin is long lasting and durable. Its design and mint mark gave us an understanding of the past; the history.

One of my cousins buy silver coins as an investment. Silver coins were among the first coins he ever collected because according to him, it has high value. Aside from that, a silver coin is not subject to decay and has a stable value as well as intrinsic value. They become valuable because they are rare.

Silver coins are used thousands of years ago. Tracing back from history, the kings collects coins as a hobby and the more they have it, the more wealthier they are. In the olden days, using the silver coins are easily tradable.

The U.S. Silver Eagles is an affordable and cost-efficient way to start in investing a precious metal. It is a sound hard asset investment aside from its beautiful and shiny design, it is easy to buy. The silver coins are widely recognized.

I saw the 2011 collection of my cousin. It was an American Eagle 25th Anniversary Silver Coin Set. The set includes five coins in a lacquered presentation case. It was a pretty collection. He bought it for about $300.

Anyway, I should mention that in 1792, the United States first began minting silver dollars. It continues to produce silver coins. While the silver half-dollar was first coined in 1794, it was in 1916 that the U.S. Mint was produced. The Walking Liberty Half-Dollar was widely considered as America's most beautiful silver coin.

Anyway, if you plan on investing, you can buy the American gold coins, gold eagle coins and American silver coins. Whichever you prefer and for sure, they are an awesome collectibles and all are good investments as well.

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