Trading The Silver Eagle Dollar
Trading The Silver Eagle Dollar
Silver eagles are considered to be very prestigious coins which can fetch you quite a good sum of money. Instead of just letting these pieces lay around in a box inside your house, trade them over and use the cash to do something which is more useful (like a gold investment).
You will need to conduct some research concerning current rates on silver prior to trading your items. Various silver eagles are worth around .999 silver a piece. Never under any circumstance trade any silver eagles for costs less than prevailing silver prices. Remember that it doesn’t matter so much what shape that the coin bears, as it does still bear a good worth mainly due to the silver content of the matter.
For the best deals you can give a courtesy call to the area coin store. These shops are regularly on the look out for appropriate coins to procure. And they usually procure their coin pieces from private traders such as you. Call them over and try to strike a deal on how much they are willing to pay for these coins. Jot down their rates and then contact other similar stores to compare dealership offers so as to choose which one would perfectly fit your needs.
One can also look for appropriate deals on offers from various online auctioneering websites. Online auctions have various coins from dealership offers. You need to rightly search for an emblem bearing the Silver American configuration eagle and then assess the cost it would bear at auction venues. Compare the rates to appropriate coinage dealership offers.
Always seek to trade your coins on a level basis for the best value on merchandise. If by any means you trade these coins on local terms then it would be recommendable to make good use of auctioneering site rates to function as leverage beside the currency on trade. Let them know that you have already done your research and was able to identify the standard market price at X$ and that the offer currently being floated by is way substandard. With such information they are more likely to adjust rates such that the difference may be comparably offset.
Silver Eagle Dollar Dates & Mintage
The American mint commenced business of manufacturing these pieces in the year 1986 and ever since has continued manufacturing them on an annual basis. In many cases mintage configurations usually vary from around 5 and 10 million coinages produced per given duration. In other circumstances mintage configurations may generate around 3.6M pure silver eagles. This inferably makes the items scarcer as compared to other coins with date aspects; thereby they are termed to be of more value.
Silver Eagle Dollar Proof coins
From the year 1986 all through 2008, the standard U.S. Mint generated some new and unique proof editions of silver eagle dollar demand coins. The coins generally had a frosty yet vibrant effect. In addition to this they are more so fitted into various airtight capsules which are also set into velvet flaunt boxes, these substances are usually marketed to various collectors at nominal rates. Despite their popularity as bullion coins (popular gold investment as well), these silver pieces usually bear more value on heritage than their actual state authenticated figures.