American Silver Eagle Coins

I'm not talking about investing hundreds of dollars on them. What I am saying is, you hear a lot of people saying a $1 today isn't going to be worth as much later right? Well if I were to purchase a Silver American Eagle coin this year, would the $40 or so dollars spent on it be better served that way or just being saved at home.

Not really.

Coin collecting is more like baseball cards - occasionally you'll get something in your collection with several times the face value. Usually you strive for coins that are rare but not necessarily valuable.

An example would be an Indian head penny from the 1800's. It's not something you'll find every day but it's not worth much more than it's face value. Even though it's at least 100 years old there were still plenty minted and enough out there that the value has increased so little.

You would get a better return rate by investing $100 in a certificate of deposit at an FDIC insured financial institution. In 3 to 6 months you could almost double it depending on where you lived and who your account was with. Then reinvest it again for a longer time and higher interest rate. Keep going.

Coin-wise what's hot right now are the presidential dollar coins. There has been talk of doing away with the Sacagawea and Susan B. Anthony coins in addition to minting comemorative coins on all the presidents.

2007-04-07 23:57:29 by Shanizzel

In this episode of spare change we look at the American Silver Eagle. The history behind this silver coin is very interesting along with the ...

How can I invest in silver / silver coins for my IRA? I don't want paper certificates but the real deal. Thanks.
If not, how can I safely invest in silver for my IRA?? I dont want stocks in mining co's etc.

Yes. Bullion direct allows IRA transfers and new accounts. SLV is an ETF for Silver bullion. Watch this chart for buy and sell signals for silver.

http://stockcharts.com/h-sc/ui?s=SLV& ;p=D&b=5&g=0&id=p09169462394

The MACD is currently on a weak sell or bearish signal. I'm looking to add more silver a little bit lower down.

Good luck

2009-10-03 14:09:18 by inquisitor

Price: $3.99

1 oz pure silver american eagle dollar coins;how much are they worth
should i sell it

The silver American Eagle coin has 1 troy ounce of silver in them comprised of 99.93% silver and .07% of copper. If it is uncirculated, it may be worth more than an ounce of silver depending upon its grade and year of minting and which mint it was minted in. Silver at the present time is valued at $13.84/ounce of silver.

2009-06-28 20:35:07 by mul. uh. n!ee ♥

Price: $19.99 $19.99

There are many ways and it depends on where you live and keep them. Also the amount of money you want to pay for supplies. A rather new item is the self sealing air tight cardboard 2X2's that are archival. They seem to work quite well and are not that expensive. hard plastic holders are usually not air tight but would take more handling. Also the coins need to be stored in a place that the temperature remains closely the same. If you have high humidity the silica gel needs to be used in the storage box, safe or drawer. Go to www.brooklyngallery.com they are a large dealer in coin and stamp supplies and have almost everything. Look to see what best fits your wallet and what you like. I use more than one system for many reasons as do most collectors.

2009-05-30 23:21:52 by woodson532003

what will happen to my american eagle silver coins if the dollar collapse..? will it affect it..? and this new talk about the amero(even though i dont it will happen), will it affect it..? or will it still be worth something because is 1.oz pure silver..?


what price do you see silver 5 years from now...?

I don't know what silver prices will be 5 minuets from now let alone 5 years.

I don't think you will find any substantial increase in the demand for silver. And if this was true, I would not expect that coins would soar in value anytime soon.

Professionals (money managers, fund managers, etc) do not buy coins for inflation hedging. They buy appropriate indexes, TIPS, trade currencies, etc., to protect against inflation.

2008-12-16 11:32:33 by jason g