2023 American Silver Eagle: A Guide to the Iconic Bullion Coin
The 2023 American Silver Eagle is one of the world’s most prized coins by numismatists and silver investors. The 2023 American Silver Eagle is a highly coveted collector's item for coin enthusiasts and is one of the best silver coins to own.
It was in the Autumn of 1986 when the U.S. introduced its Gold and Silver American Eagle series via the Liberty Coin Act of 1985 (Public Law 99-61). The American Silver Eagles were an instant success among numismatic coin collectors and silverstackers alike. The revived design of the Walking Lady Liberty on the exceptionally brilliant silver coin was enough to beckon attention.
Since then, the American Silver Eagle coin has sustained its popularity among investors and collectors alike. Available in uncirculated, proof burnished, and reverse-proof varieties, these minted silver eagle bullion coins are well worth the consideration.
In 2014, the average silver spot price was around $19.07 per ounce; and, as of 2023, the average is edging close to $23.00 per ounce.
Money Metals Exchange has a long-held reputation for providing people access to the 2023 American Silver Eagle coins at cost-effective rates. In fact, Money Metals has been voted as being the Best Overall Precious Metals Dealer by Investopedia.
Composition
The 2023 American Silver Eagle is the 38th edition of the American Silver Eagle. Each coin is 1 Troy ounce containing .999 (three-nines fine) or pure silver. The weight and purity of the coin are supported by the United States government, which also assigns the face value of one dollar ($1 USD).
It is a legal tender silver bullion coin that was authorized by the United States Mint. Although the 2023 Silver American Eagle has a $1 face value, it remains popular for its silver melt value and its impeccable and collector-worthy appearance. The silver bullion coin has a melt value that far exceeds its nominal face value.
The Walking Liberty Design on the American Silver Eagle
The designs on both the obverse and reverse sides of the 2023 American Eagle silver coins are steeped in U.S. history. Before appearing on Silver Eagles, the Walking Liberty design was featured on the Half-Dollar from the years 1916 to 1947.
The design was adapted by Adolph A. Weinman, depicting a US flag dress made of Stars and Stripes draped over the shoulders of Lady Liberty walking towards the setting sun while carrying branches of oak and laurel. The sun has 13 sunrays, symbolic of the 13 colonies. In God We Trust, the phrase or motto is on the right of the coin while Liberty is cast behind her. Under the motto are the original artist’s initials, AW, which were added with the Type-2 changes in 2021. The coin highlights the American movement toward growth and expansion under God.
On the reverse side of the 2023 American Silver Eagle, is the flying or landing American bald eagle. The bird is said to be either carrying an oak branch or landing on one. To the left of the oak branch are the initials of the main artist, Emily S. Damstra, ESD. To the right of the oak branch is the sculptor, Michael Gaudioso’s, initials MG. Above the eagle’s tail feathers is where the mint mark is normally located. Around the coin’s reverse side are the words “UNITED STATES OF AMERICA,’’ “ONE DOLLAR,” “1 OZ. FINE SILVER,” AND, “E PLURIBUS UNUM.”
This formerly half-dollar Walking Liberty design image is now used for the one-dollar face value American Silver Eagles silver bullion coins, as well as some of the gold coin issues. Each coin weighs about one Troy oz or 31.103 grams, with .999 fine silver (three-nines fine) and .001 copper content. The coins' width is a diameter of 40.6 mm, the thickness is 2.98 mm, and the edge is reeded. There is also a security feature that was added with the 2021 Type-2 design, and it is a notched reeded edge that changes position from year to year. The security notch is at the 3 o’clock mark on the American Silver Eagle’s reeded edge.
Each coin is predominantly valued for its silver melt value, as a store of value that helps to hedge against inflation. While, simultaneously, many numismatists or coin collectors are proud to add the 2023 American Silver Eagles to their coin collection for the possibility of being a numismatic collectible item.
In 2023, an estimated total of 21,215,000 American Silver Eagles will be minted. Each coin is minted at one of three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint (W mint mark).
All 2023 American Silver Eagles (ASE) sold by Money Metals come with a Certificate of Authenticity (COA) and in a protective and discreet package to keep your coins in premium condition and safe. A signature is required upon delivery, regardless of quantity, to ensure safe shipping and delivery of your precious metal product purchase.
Alternative investment coins to the American Silver Eagle currency may include such world silver currencies as the Australian Perth Mint kangaroos, the British Royal Mint's Queen's Beasts, the Austrian Mint's Philharmonic, or the Royal Canadian Mint's silver maple leafs.
Alternative precious metal items to the American Silver Eagle to consider may include silver rounds with the same or similar design, silver bars, silver ingots, junk silver coins (dimes, quarters, and half dollars), cull silver dollars, fractional silver, silver blocks, silver bullets, and silver statues.
Why Buy Silver American Eagle Coins Dated 2023?
One of the most prevalent reasons for people’s interest is investment. Over the years, their value has appreciated, creating opportunities for additional gains in the future.
This makes the 2023 Silver Eagle coins effective for hedging against inflation and the volatile nature of the current economic situation. Self-directed precious metal Individual Retirement Account (IRA) eligible, these coins are held in self-directed retirement accounts as the current silver spot prices dictate their value.
Also, the design and symbolism of the coin are more than enough to make it worthy of being a part of personal collections. Numismatists all over the world cherish the 2023 American Silver Eagle, and this suggests how popular American Silver Eagles remain in the U.S. and around the world.
Money Metals Exchange – Making 2023 American Silver Eagles Accessible
13+ years of experience, industry acumen, and continuously growing expertise in precious metals, and the U.S. Mint enables us to provide professional services.
Added layers of international acclamation and stringent moral and ethical codes of conduct allow us to ensure your peace of mind and uncompromised levels of excellent service. Our offerings are not limited to high-quality products and excellent service, as we also maintain cost-effectiveness.
Money Metals Exchange provides discounts for larger quantity purchases: 40+, 500+, and 2501+. Money Metals can also provide special discounts if you require more 2023 American Eagle Coins, but you will need to call our customer service to set that up… 1-800-800-1865
Where can I buy or sell the 2023 American Silver Eagles?
When selling your precious metals items made of gold, silver, platinum, palladium, or rhodium, it is important to know the current spot prices and average premium (standard company overhead charge) and to only sell to reputable dealers. Money Metals lists spot prices 24/7 on the website and always shows the premiums charged for each product to remain as transparent as possible. Money Metals pays people for their precious metals as quickly as possible, usually within days of receiving the items and verifying their metal content and purity.
Money Metals Exchange has maintained an A+ rating with the Better Business Bureau (BBB) and received thousands of 5-star reviews from satisfied customers all over the United States of America.
If you have any questions (FAQ) regarding the 2023 American Silver Eagle, previous Type-1 year designs, discounts, the coins, sale price, product details or description, shipping insurance, payment method, placing an order, reviewing past orders, sending gifts, or help with your Money Metals Exchange site account or cart, don’t hesitate to get in touch with one of our customer care experts at our phone number: 1-800-800-1865
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