About Proof Silver American Eagle Coins
Proof Silver American Eagle Coins are one of the few collectible coins allowed by the United States government for Individual Retirement Accounts. They are available only in one-ounce denominations. The Proof Silver American Eagle 1-oz. coin contains 99.9% silver. Multiple strikes gives this unique coin a mirror-like finish.
The word “proof” refers to the process that starts by inserting brilliant coin blanks into presses with special dyes. Every Proof Silver American Eagle Coin is struck multiple times, making the frosted images appear to float above a mirror-like field. Once thoroughly inspected, every Proof Silver American Eagle Coin is put into a protective plastic case and then inserted into a satin-lined velvet display case.
Proof coins are bought and sold with much higher premiums than regular bullion coins because they carry both collectible and bullion coin value. Currently Proof American Eagle Coins are the only proof products allowed by the IRS to be put in self-directed IRAs.
Proof Silver American Eagle Coin Specs
- Permissible for IRAs
- Silver fineness = 0.999
- Diameter = 1.598 inches
- Weight = 1.0000 troy ounce
Obverse: Characterized by Adolph A. Weinman’s classic “Walking Liberty” design, which during the time from 1919-1947 had originally been used on the United States half-dollar coin. Silver or otherwise, Weinman’s iconic design has been a public and collector favorite and one of the most truly admired designs on any U.S. bullion.
Reverse: A John Mercanti design featuring a heraldic eagle.
Proof Silver American Eagle Coin Benefits
Proof Silver American Eagle Coins are the only collectible silver coins allowed by United States government for Individual Retirement Accounts. Due to their numismatic significance, these coins carry both collector and scarcity value. Only a limited number of Proof Silver American Eagle Coins are struck and in particular years they have been known to sell out shortly after being issued. Each Proof Silver American Eagle Coin comes in a beautiful, dark blue velvet presentation case with an official U.S. Mint Certificate of Authenticity. This certificate outlines the United States government guarantee of the coin’s gold content, weight, and purity.
Adding Proof Silver American Eagle Coins to an IRA
To add Proof Gold American Eagle Coins to your existing IRA, former 401(k), or Precious Metals IRA, or make a cash purchase for direct delivery, contact American Bullion toll free at 1-800-326-9598 to speak with a precious metals specialist.
Resource: U.S. Mint