Popularity Of The American Eagle Coin
Popularity Of The American Eagle Coin
The American Eagle coin is minted in silver by the US government. Cash can be retrieved by selling it as we do with gold. $1 is the face value and 99.9% is the silver purity. 1986 was the year when minting process started. A Certificate of authenticity from the US Government authority is given to the investors along with the coin as a guarantee for the content purity of the silver and as a promise of value at the time of redemption of the coin.
"Walking Liberty" is designed along with the inscription "In God We Trust" on the coin. The classic American Eagle's figure is inscribed on the other side of the coin.
These coins come in a plastic capsule pack which is further put in a case with certificate and is sold in limited quantities to customers directly from the US Mint.
Bulk supplies are not dealt with by the Mint for direct sale to investors. banks, brokers, brokerage companies and wholesale dealers are the dealers who are authorized. These dealers sell the coins to major investors and retailers.
Why buy this coin?
your interest in collection of rare piece of article is shown if you purchase this coin.But you can also buy it for encashing it in case of necessity of dollar currency. Traders profitize by buying and selling these coins. It is like share trading. You can sell it when you need it until which it could be held in bank safe lockers. Dollar currency in your hands will tempt you to spend. But the Eagle coin you will not be forced to spend. By this speculative commodity you can enter the relevant website and make profit by online trading in global market. Depending upon the accumulation of stock in the Mint, stock in circulation, and speed with which it is sold or purchased the coin is sold at premium or discount like the foreign currency. For bulk purchases discounts are offered as usual.
It is a good piece of commodity to buy and hold in times of recession. The application of economic laws of demand and supply and interference of economic and financial intermediaries including the Government makes the recession period temporary. Hence owning the coin during recession is an intelligent way to maney during peak time.
You can make a deal and get profit. A good product to be invested in non peak season that would fetch profit in peak boom season of the year.
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