Thursday, August 28, 2014

Collectible Reverse Proof American Silver Eagles

By Jessica Drury


Coin collectors are always fascinated by rare pieces. The rare reverse proof American silver eagles have gained popularity over the years to the extent of breaking collection records. This has seen it listed among the must have pieces for serious collectors allover the world. There are a number of factors that have driven its ratings higher.

The name reverse comes from the fact that its raised surfaces are mirror like. The raise portions are also frosty and therefore unique. Its twentieth anniversary was marked in 2006 with the release of three pieces of gold and silver sets. This means that it was in circulation since 1986.

The silver proof is in a category of its own. The only other struck as reverse is the fifty dollar gold coin. The unique features have made the coins extremely popular. This is likely to cause the mint to continue producing others. Collectors have been working extra hard to get these coins before the limited editions get out of circulation.

Circulation of the silver coin has been phenomenon throughout the world. This has driven the mint to produce yearly editions. They are circulated until the mint runs out of stock for that year or until the next year. It has a face value of one dollar and is made of pure silver.

The government has guaranteed its weight and purity of material used. This is important since it serves as a legal tender. The sales of the year 2013 were over 42 million coins. This has seen it break several coin selling records boosted by faith and credit from the government.

The unique design is another attraction that has maintained the interest of collectors. Liberty is featured in full stride with an outstretched right hand. Laurel and oak branches are held on the left hand. The diameter is 1.598 while the weight is one troy ounce.

The reverse side is done by United States engraver or mint sculpture called John Mercanti. It has the image of the heraldic eagle with a shield on the chest. An olive branch is included on the right with arrows on the left. A triangle of stars can be seen over the head of the eagle. The face also has the words In God We Trust and respective year of release.

The coins are available as a single piece or in tubes that carry twenty coins. There are monster boxes that are mint sealed and very popular with collectors. It is possible to buy the coins alongside those of previous years.

The mirror like fields and frosted details are created by striking the coin several times. The blanks are slotted into the machine using hands as part of a process that has successfully produced . 999 percent fine silver. The mint mark on the reverse is used to signify its collectable status.

The coins come in packages of monster boxes, roll of twenty coins or graded eagles. The graded coins are placed in tamper-proof slabs that give them authenticity. Graded coins are able to maintain their authentic condition because they are not exposed to elements. This is an incredible piece of history for any collector.




About the Author:



No comments:

Post a Comment