Writing About Bullion Coins

Posted on July 18, 2010 @ 6:11 am

The 2010 edition of these 24-karat precious metal bullion coins sold nearly 49,000 coins in just the 1st day of order taking by the United States Mint.

If you are interested in getting or collecting silver bullion you will have heard of “the American Eagle silver bullion Coin”.

And just this week, the U.S. Mint announced that it would once again be getting orders from authorized purchasers beginning on April 29, 2010. As it has done within the past, the U.S. Mint relies on “authorized purchasers” to distribute these extremely sought-after coins, who will purchase coins in large quantities for resale to smaller dealers and members of the public.

The idea of this series of coins was to enable investors to add physical gold, silver & ultimately platinum to their portfolios in a price effective manner.

Silver Eagles are .999 fine silver- which makes them the finest silver coins ever issued by the United States.

The coins – every contain 1 troy ounce of silver. A tiny amount of copper is added into the mix, to improve the coin’s durability – but by generating the coin marginally overweight to compensate for this, you still get the full ounce of silver.

If the gold eagle looks good- the Silver American eagle is spectacular! It’s widely regarded to be on the list of most lovely coins ever minted.

The design is based on A.A. Weinman’s “Walking Liberty”. This was introduced on the 1917 silver half-dollar.

The Gold Buffalo may be so well-known that they have been unavailable for four months along with the strong opening sales continue to demonstrate their popularity. In fact, the 2009 sale of Gold Buffalo bullion coins did not get under way until October 15. These coins had been totally sold out by December 4, 2009. During this production run, 200,000 have been sold, generating it one of many most well-liked Mint releases on the year. With sales scheduled to start five months earlier this year, collectors think that the U.S. Mint has finally realized just how well-known they are with not only collectors and hobbyists, but also with investors seeking to add real precious metal to their portfolio.

One with the criticisms of these coins is that they tend to carry a hefty premium (“the coin premium”), to their intrinsic silver content. I believe that this is usually a non-issue, as what you happen to be actually paying for with this premium could be the reality that this coins purity is guaranteed from the US Government. And this premium carries forward, when you wish to sell the coin.

If you loved this information you would likely also love knowing about American Eagle Gold Proof.







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