Buy silver American Eagle coins, including wholesale Monster Boxes of silver Eagles, for secure vault storage or fast, worldwide delivery. Silver American Eagles are produced by the United States Mint, and are only available as a 1 Ounce coin.
Investing in American Silver Coins
America has a rich history of silver bullion in its coinage. Until the 1960s, many American coins contained silver bullion - these included the silver Dollar, and even quarters, which were 90% silver. Even old American paper currency used to be backed in precious metals. However, this all stopped under Nixon in 1971 in an effort to stop foreign investors holding US dollars from depeting US gold and silver reserves.
United States Dollar Backed in Silver Bullion
This, however, also caused a huge increase in the gold and silver prices. As their value was no longer fixed to US currency, inflation drastically depleted the value of paper currency, known as fiat money. Rather than the gold and silver increasing in value, inflation cause the fiat money to decrease in value. This is a very common occurence, particularly when governments print money in an effort to stimulate economic growth. One side effect of the routine printing of money is inflation. In some cases, such as in Germany in the 1920s, and in Zimbabwe in the 2000s, hyperflation can occur making money effectively worthless in a matter of days, weeks or months.
This is a very dangerous situation, as individuals can effectively lose all their savings due to the devaulation of the currency. This is also one of the main reasons that many investors turn to gold and silver bullion for investing. Gold and silver will always retain their value, and their worth increases during times of recession and uncertainty. Investors in gold and silver effectively hedge themselves against the option that their investment could just lose all of its value overnight.
Today no regularly cirulated US coinage contains silver. The only silver coin available from the United States government today is the US Eagle. This is available as part of the American Eagle series, and it is the official silver coin of the government of the United States. American Eagle silver coins are available individually, in tubes of 20 coins, and in monster boxes of 500 coins.
Buying Silver Eagles
For investors of silver coins, the American Eagle series is definitely a popular choice. These coins are recognised worldwide, and are one of the most popular silver coins currently available worldwide. Both current year and back year silver American Eagle coins are available. The silver Eagle was launched the same year as the gold Eagle, in 1986. One unique feature of the silver American Eagle is that all silver Eagle coins are minted entirely from US mined silver bullion.
These coins contain 999 fine silver bullion and have a face value of $1 USD. The silver Eagle coin is currently available as a 1 Ounce coin. The face value of these coins is a nominal figure - in reality, the coin's silver content far outweighs its legal tender value. However, for many investors it is reassuring to know that their investment has been backed by the United States government.
Buying Silver Eagles for Investment
Clients of SuisseGold.com may chose to buy silver Eagle coins individually, in tubes of 20 coins, and in monster box of 500 coins. Monster Boxes of silver Eagles are particularly popular with silver investors looking to store their investment with SuisseGold.com, as no VAT is payable on purchases unless a client accepts delivery. Clients may purchase American silver bullion in any of 15 currencies. VAT-exempt storage in Switzerland is available free of charge for the first year.
