American Eagle Silver Coins are indeed highly sought after, and Oakton Coins & Collectibles specializes in buying them.
The American Silver Eagle holds the distinction of being the official silver bullion coin of the United States. First released on November 24, 1986, the American Silver Eagle is exclusively struck in the one-troy ounce size. It carries a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. The coin’s legitimacy, weight, and purity are certified by the United States Mint. The authorization for its production can be traced back to Title II of Public Law 99-61, also known as the Liberty Coin Act, which was approved on July 9, 1985 and is codified as 31 U.S.C. § 5112(e)-(h). Alongside the bullion version, the United States Mint also produces proof and uncirculated versions of the American Silver Eagle for coin collectors. The coin has been minted at three different locations: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint. Furthermore, American Silver Eagle bullion coins are eligible for inclusion in Individual Retirement Account (IRA) investments.
The obverse design of the American Silver Eagle features the iconic “Walking Liberty” design by Adolph A. Weinman, which was originally used on the Walking Liberty Half Dollar from 1916 to 1947. Due to its enduring popularity and significance in United States coinage, the design was revived for the Silver Eagle. The obverse side includes inscriptions of the year of minting or issuance, the word LIBERTY, and the phrase IN GOD WE TRUST.
On the reverse side, the American Silver Eagle displays a heraldic eagle behind a shield. The eagle clutches an olive branch in its right talon and arrows in its left talon, reminiscent of the Great Seal of the United States. Above the eagle, thirteen five-pointed stars represent the Thirteen Colonies. Inscriptions on the reverse include UNITED STATES OF AMERICA, 1 OZ. FINE SILVER~ONE DOLLAR, and E PLURIBUS UNUM (on the banner held by the eagle), along with the mintmark if applicable.
At Oakton Coins & Collectibles, we have a keen interest in purchasing American Eagle Silver Coins. If you are looking to sell your American Silver Eagles, we can provide you with a fair offer based on their condition and current market value. Feel free to reach out to us or visit our store, and our experienced professionals will be delighted to assist you.