August 24, 2020 (Investorideas.com Newswire) American Silver Eagle coins are hailed by collectors as some of the most beautiful coins around. So, it's no surprise that they're the most commonly purchased coins. While the American Silver Eagle coins are marked as one dollar, their .999 pure troy ounce silver makes them worth much more.
The front of the coin portrays Walking Liberty, which is a famous engraving by Adolph A. Weinman, and the back of the coin shows John Mercanti's striking heraldic eagle with 13 stars. So, why should anyone consider investing in these beautiful silver eagle coins, besides the fact that they're a whole lot of fun to stare at, and show off to friends?
Nice Nest Egg For An Economic Collapse
Some folks look ahead to the future and see it marked by the looming threat of an economic collapse. Were we to find ourselves navigating the unfortunate reality of a great depression, with something like paper currency being devalued, these near-pure silver, silver eagle coins could really pull through in the clutch.
The idea of holding on to some fine silver can provide more comfort than banking on paper currency alone. Still, others will invest in these silver coins to get out ahead of the possibility that banks take unexpected holidays, and they're unable to access their funds. Were that to be the case, silver coins would be an accepted currency in that time of emergency.
Keeping Stride With Inflation
There's also always the risk that a steady increase in the money supply will result in the dollar's value being decreased, and effectually encourage inflation. With an unwanted storm of extra bills in rapid circulation, folks could find themselves staring the grim picture of a world that affords us the option to buy less with our hard-earned money. No thank you! By investing in some sweet silver eagle coins, one could set themselves up with a nice cushion that will remain unaffected by the ills of inflation.
The Threat of Deflation
Folks' concerns don't just center on inflation. There's also always the possibility that we could find the world stumbling into a situation involving deflation. With deflation assets that were once valued higher, will decrease in price. These kinds of assets include stocks, bonds, derivatives, and real estate. So, one can see the appeal of some silver coins in the face of such a possibility. Some economic analysts even forecast a situation where we could see the face value of silver eagle coins skyrocket by as much as 15 times their original worth! Talk about a good investment that could make that individual retirement account smile in the future!
Cherished by Collectors
Yes, the silver eagle coins' appeal is not exclusive to the cynical (or realistic) minds of the world that want to plan for the worst possible outcomes. In fact, these coins are coveted by coin collectors. It's no surprise when one takes a quick look at how some of the older coins' face values have appreciated over the years. For instance, a 1998 S Silver Eagle Coin that is in excellent condition can sell for as much as $500, or a 1997-P can sell for as much as $152. Now, that's what we're talking about!
It's easy to see why these beautiful coins have cultivated such a high level of appreciation across the globe. The process of hunting down some American Silver Eagle bullion coins need to start no further than at SD Bullion. At SD Bullion one will be able to lock down their ideal 2020 silver eagle. And they won't have to worry about whether or not it's a good investment!
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