![]() ![]() The United States Mint does not sell American Silver Eagles directly to the public instead, they are minted based upon demand and sold to authorized distributors in bulk, then to secondary retailers who offer them to the public. Reverse InscriptionsĪlthough the Silver Eagle bullion coin lacks a mint mark, it has been produced by the Philadelphia Mint, the San Francisco Mint, and the West Point Mint. In his beak, the eagle grasps a banner bearing the motto, “E Pluribus Unum” (“Out of Many, One”). ![]() Thirteen stars are located above the eagle in the representation of the thirteen colonies. He proudly displays his wingspan, while gripping an olive branch in his right talon and arrows in his left. Mercanti, features a majestic bald eagle with a shielded chest. The reverse of the coin, designed by American sculptor and engraver John M. The phrase, “In God We Trust,” is placed toward the lower right of the coin. The word “Liberty” boldly encircles the top of the coin and the mint year is displayed at the bottom center. Close inspection reveals Weinman’s initials on the hem of Lady Liberty’s gown. She is draped in the Stars and Stripes, and the flag billows around her in the breeze. In her left arm, she carries laurel and oak branches, which symbolize both civil and military glory. The graceful form of Lady Liberty strides toward sunrise with her right arm outstretched confidently. ![]() Weinman’s Heraldic “Walking Liberty” design, which originally appeared on the United States’ first half-dollar that circulated from 1916 to 1947. Since the Silver Eagle’s creation, the artwork on the obverse of the coin has been modeled after sculptor Adolph A. The beautiful design of the American Silver Eagle has assuredly contributed to the coin’s popularity indeed, it is arguably the most beloved coin in the United States. Contact your tax advisor for information about associated capital gains or losses. These silver bullion coins are eligible for use in Individual Retirement Account investments and tax deferred long-term retirement savings they are also currently exempt from IRS 1099B silver dealer reporting requirements within the USA. It is legal tender for all public and private debts at its face value. The face value of the American Silver Eagle is one dollar. President Reagan signed the Liberty Coin Act in 1985 and the American Silver Eagle Coin has been the official silver bullion coin of the United States since the first coin was struck by the United States Mint in 1986. To reduce the National Defense Stockpile of silver without depressing the price of silver, Congress chose to issue silver coins annually. About American Silver Eagle Coins Legislative History of the American Silver Eagle ![]()
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