American Eagle 1 oz Silver Coin 2010 Characteristics
On 24 November 1986 the American government introduced a silver bullion coin that will become one of the most famous ways of investing into silver and this article is a full presentation regarding the edition issued in 2010, the American Eagle 1 oz Silver Coin 2010.
The one troy ounce denomination is the only value available for the American Eagle 1 oz Silver Coin 2010 therefore each coin weighs 31.10 grams. One of the characteristics that has increased the popularity of this official bullion silver coin of the United States is its purity of 99.90% pure silver. Regarding diameter and thickness the dimensions are 40.6 mm and 2.98 mm respectively.
The American Eagle 1oz Silver Coin 2010 was issued in the year when recession seriously started to affect global economies and with that increased the desire of investing into something stable and profitable. As a consequence the mintage was not enough to meet the surged demand so there are few coins available on the market.
American Eagle 1 oz Silver Coin 2010 Design
It is not at all surprising that the silver American Eagle, and implicitly the American Eagle 1 oz Silver Coin 2010, is so popular among investors and collectors and one of the traits that makes these bullion coins so famous is their design. The design was realized by Adolph A. Weinman and is a rendition of the engraver priory used in issuing the Walking Liberty Half Dollar coin.
The obverse of the American Eagle 1 oz Silver Coin 2010 illustrates the design of Walking Liberty so adored by investors and collectors all over the world. It is an imposing design being accompanied only by the inscription LIBERTY at the top of the coin, the famous American motto IN GOD WE TRUST and at the bottom of the American Eagle 1 oz Silver Coin 2010 is illustrated the minting year, 2010 in our case.
The reverse of the American Eagle 1 oz Silver Coin 2010 illustrates, as the name of the coin hints, an eagle with spreaded wings behind a shield and holding an olive branch and arrows in its talons. The Thirteen Colonies are represented through the depiction of 13 stars, situated exactly above the heraldic eagle. The legend reads UNITED STATES OF AMERICA, 1 OZ. FINE SILVER the fineness, the face value ONE DOLLAR, and E PLURIBUS UNUM.
American Eagle 1 oz Silver Coin 2010 Investment
The American Eagle 1 oz Silver Coin 2010 is just the perfect way to invest in silver in its physical form. It is a coin for which great demand is manifested in every corner of the world therefore it is an asset characterized by high liquidity. It is affordable so it should not raise problems for anyone willing to invest into precious metals, whether the American Eagle 1oz Silver Coin 2010 is acquired for profitability purposes or just as safety net against inflation and currency devaluation.
Another strong point about the American Eagle 1 oz Silver Coin 2010 is its high purity of 999/1000 Ag and in its composition are only traces of copper with the purpose of increasing durability over years to come. So it comes in Brilliant Uncirculated condition and its value increases in time if preserved in a great state.
The American Eagle 1 oz Silver Coin 2010 is so appreciated for its bullion characteristics that it can even be used for funding Individual Retirement Account investments.