Do you wish to own the world’s most famous physical silver investment? If so, Tavex is pleased to present American Eagle silver coins. Authorised by the United States Congress in 1985 and subsequently minted the following year, the silver American Eagle coin has established itself as the leading silver bullion coin of the 21st century, with more than 375 million pieces minted since 1986. The sheer amount of American Eagle silver coins issued guarantees unparalleled market liquidity and worldwide recognition.
Produced by the US West Point Mint, the American Eagle silver coin contains one ounce of .999 fine silver and is the only investment-grade silver bullion coin whose purity and quality is guaranteed by the United States Government. Supported by its prestigious legal tender status, and depicting the beautiful design of the famous “Walking Liberty”, the silver American Eagle bullion coin is an affordable silver investment that is suitable for any type of investor. The coins minted in previous years have lower premiums.
This 1 oz coin tracks the price of silver. The value of American Eagle coins is primarily determined by their fine silver content which is linked to the prevailing price of silver.
Silver American Eagles are highly popular among investors. With annual demand increasing from 5.4 million in 1986 to a massive 42.7 million coins in 2013, the United States Mint is using up over 5% of the world’s annual silver mine supply for the production of silver American Eagles alone.
Silver American Eagles are liquid and recognised. To date, over 375 million one-ounce pieces have been minted and issued by various US mints, making the American Silver Eagle the most sold silver coin in the 21st century.
Silver American Eagle coins are money. Granted legal tender status in 1985 by the United States Congress, the silver American Eagle is currently the only continuously produced American silver coin since the 1970s to have reclaimed this precious monetary stature.
Silver American Eagles are the equivalent of savings. The historical low price of silver compared to gold makes it an ideal investment either for those who wish to invest smaller amounts or for those who believe they are getting more precious metal for their “buck” in anticipation of a steeper appreciation of the price of silver compared with gold.
The price of silver rises with inflation
Starting in the early 1960s, the US Government began to run large budget deficits, as revenue from taxes was not sufficient to cover spending related to the Vietnam War and the cost of various economic programmes implemented by different presidents. As deficit spending leads to inflation, silver, as an asset sensitive to inflation, responded by rising in price. This made the public hoard circulating US legal tender silver coinage, as the silver content in the coins was now worth more than the nominal face value depicted on them. To halt the price rise of silver, and thus the subsequent hoarding of coins, the US Treasury actively engaged in managing the price of silver by selling large amounts of the metal from its strategic reserves onto the market. This practice was in place for several years, but the high inflation rate and consequently the high demand for silver persisted relentlessly. Fearing it would lose all silver bullion from its vault, the US Government in 1968 eliminated silver from its legal tender coinage, and in the next three years it stopped supplying silver to the market. The price of silver was left to trade freely, which is exactly what it did, and in the following nine years the price of silver increased from an average of $1.55 to $48.7 per ounce, a staggering increase of over 3000%!
The price of silver American Eagles rises tenfold
Where does this leave the silver American Eagle? Well, when the first American Eagle silver coins were minted in 1986, the average price of silver was $5.47 per ounce and would average around the $5 mark until 2003. Unfortunately, but to some extent predictably, the repetitive nature of wars and their related financial cost, together with various spending programmes that were implemented in the midst of the recession in 2008, led to massive budget deficits in many western countries. Similar to what happened in the 1960s, the combination of wars and deficit spending sparked inflation, which made the silver American Eagles between 2000 and 2011 surge in price by almost 1000 %.
The value of American Eagle silver coins will rise with inflation
Although the world economy has somewhat stabilised since 2008, the underlying fundamental issues which caused silver, and consequently silver American Eagles, to rise in price have yet to be resolved or even to be addressed. Budget deficits remain deeply negative in many developed economies, including the United States, government debt levels are likewise increasing, and the global geopolitical situation is highly tense. The fact that the annual sales of silver American Eagles is still rising in the face of the “economic recovery” is another sign that long-term astute investors in increasingly larger numbers are becoming aware of the true fundamental state of the world economy and are drawing the same logical conclusion: it simply makes perfect sense to accumulate American Eagle silver coins.
By witnessing the growing popularity of other countries’ 24 karat gold bullion coins, of which Canada’s Maple Leaf and Austria’s Philharmonic gold coins are good examples, the United States Mint decided to issue for the first time in its history its own version of a .9999 fine legal tender gold coin. Until 2006, the only American legal tender gold bullion coin available for purchase was the gold American Eagle which, unlike the Gold Buffalo, is a 22 karat coin and is made of gold and a copper - silver alloy. The introduction of the gold American Buffalo coin was also a historical moment for the United States Mint which for the first time issued two separate legal tender gold coins that contained different gold purities.
The obverse depicts the iconic design of “Walking Liberty” which was previous used for the 50-cent silver dollar between 1916 and 1947. The design was made by Adolph A. Weinman, a German/American sculptor, and was considered by many to be one of the most successful designs on a US legal tender coin. Above the main motif is the text “LIBERTY” and to the right “IN GOD WE TRUST”. The year of mintage is visible at the bottom.
The reverse portrays an eagle behind a shield. The motif was designed by John Mercanti, the twelfth chief engraver of the US Mint. The eagle clutches an olive branch in its right talon and a pair of arrows in its left. In its beak the eagle holds a ribbon with the text “E PLURIBUS UNUM” which is Latin for “one out of many”. Above the eagle are thirteen stars which represent the colonies which together declared independence from Great Britain in 1776. Under the eagle is a letter “W”, the mark for the West Point Mint where the coin is produced, and the letter “m”, the initial of John Mercanti. The eagle is surrounded by the text “UNITED STATES OF AMERICA” and “1 OZ. FINE SILVER – ONE DOLLAR”.
Each coin is individually packaged in a hard plastic capsule. Multiples of 20 are available in original mint-sealed tubes. For bulk purshases, we stock original US Mint sealed boxes which contain 25 tubes with twenty Silver Eagles to a tube (500 coins in total).
Your order is delivered by Bring and is fully insured. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 3 to 4 working days. In cases where we can not send your order immediately, we will always inform you of the time delay.
The package is fully insured, and in the extremely unlikely case that the package is lost or damaged, Tavex AS will re-ship the items or refund your money. Insurance costs depend on the value of your order (1% of the value).
Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.
The majority of Tavex’s products are always in stock and therefore Tavex can offer you quick delivery and same day pick-up with market leading prices. Tavex is an official partner of all the biggest mints in the world, such as the Perth Mint Australia, the Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., the gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.
Feel free to visit our office during opening hours to have a free consultation or learn more about a specific product. If you purchase, online you can pick up the products on the same day we receive the payment.
Over 25 years on the market and large volumes have enabled us to offer you the best prices on the market. With Tavex, you can maximise return on your investment because of low margins and spreads.