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©iStockphoto.com – MBurnham
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The one ounce American Eagle silver dollar is one of the best ways to invest in silver bullion.
Not only does this coin look fabulous, but it's also backed by the United States government and
guaranteed to include one troy ounce of silver. The American Eagle pictured to the left includes
one troy ounce of silver and you can currently find this coin for around $15-$20 depending on coin
dealer mark up. A great way to invest in silver eagles is to purchase mint tubes that each include
20 coins factory sealed from the US Mint. You can sometimes get a slight discount buying the tubes
versus the coins directly due to bulk discount. The tubes come in a semi-clear case with a green
US Mint top. It's really amazing to hold a tube of 20 silver coins in your hand.
Buy Silver and Gold Coins
While this site is all about gold, I am also a proponent of silver for several reasons, with the
most important being the doomsday scenario. Let's say the economy goes under and the US dollar
becomes worthless. In this horrible scenario, precious metals that have intrinsic value will be
used to pay for all sorts of goods and services. Gold coins are very valuable and will be used for
large purchases. 1/10 ounce gold coins and also silver bullion coins will be used for smaller
purchases. For this reason, I highly recommend complementing your gold bullion portfolio with silver
bullion as well. Silver American Eagles are one of the best ways to get started investing in silver
coins.
Storing Silver Coins
One of the difficult things about investing in silver is you need many more coins to equal the same
value as just one gold coin. Consequently, storage may become an issue. Whereas it's easy to place
a few gold coins in a safe deposit box, it's not so easy to store silver coins because they
take up much more space. My compromise? Invest in some silver eagles that you can easily store in
your safe deposit box an then complement this investment with some shares in your favorite
silver exchange traded fund.
A closing thought: Silver Eagles make a terrific gift. Read the following article for more
information on giving the
gift of gold and silver.
Related Gold & Silver Images
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1 Kilo Silver Bullion Bars
Fractional Gold Bullion Coins
One Ounce Gold Bullion Bars
Franklin Silver Half Dollar Coins
20 Dollar St Gaudens Gold Coin
Large Pile of Copper Bullion Bars
Credit Suisse 1 Ounce Gold Bars
One Ounce Mexican Silver Coins
Mint Tube of Silver American Eagles
American Eagle 22 Karat Gold Coins
Canadian Maple Leaf 1 Oz Silver Coin
South African One Ounce Krugerrands
Canadian Maple Leaf 24 Karat Gold Coins
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