Most coins have some value. While collectible coins tend to offer the most value potential, silver coins are worth pursuing. Collectible coins are often special commemorative editions that may be quite rare or mass-produced. Rare coins or coins with unique features tend to be worth the most. They are often sought after and highly prized by seasoned collectors and investors.
People often wonder if silver coins are still a valuable commodity. The short answer is yes. While the price of silver may change quite a bit in a month’s time, its value has always been recognized in society and continues to increase over time. Silver is relatively scarce and has been regarded as valuable since ancient civilizations started trading and using money.
Here’s what you need to know about the value of coins that are made of silver.
Silver Fun Facts
While silver was one of the very first metals to be used as currency in ancient civilizations, the very first American silver dollar was minted in 1794. Most silver coins minted in the United States prior to 1965 contain at least 90 percent silver, while many of their modern counterparts, like quarters and dimes, contain quite a bit less. Silver is the most reflective of all metals, and its properties make silver an excellent conductor of heat and electricity.
American Eagle Silver Coins
The silver American Eagle coins were first issued in 1986 after Ronald Reagan signed the Liberty Coin Act into law. They immediately became hugely popular throughout the globe and are one of the only coins guaranteed by the United States government for their value and purity. The silver American Eagle coins feature the famous rendition of Walking Lady Liberty on one side and a bald eagle with its majestic wingspan on the other. Precious metals with the iconic image of the silver American Eagle are known for their beauty and they are highly liquid assets. The silver American Eagle coins quickly became the official silver bullion coins of the United States, and they are minted each year to satisfy public demand.
Why collect silver coins?
Coins made of silver are an economical yet stable investment that is virtually guaranteed to hold their buying power. The value of this precious metal makes these coins highly liquid and versatile. Silver bullion and coins made of silver are a wise choice for those who want to diversify their investment portfolio while guaranteeing its value. They offer an economical entry point for those just starting a collection or learning to invest in precious metals.
Get Your Coins Today
If you are still learning about coins as an investment or a collectible, then silver is a wise choice. These coins are still widely available, but they hold their value as an asset over time. Silver is thought to be one of the very first metals ever discovered, and its use in coinage has helped it stand the test of time. This precious metal continues to rise in value while still offering an economical entry point for new investors. If silver coins are not part of your current portfolio or collection, they should be. Purchase yours from a reputable precious metals dealer today.