American Silver Eagle Monster Box (500 Coins)
The American Silver Eagle was the first American coin to be minted in silver since Lydon B. Johnson infamously took silver out of the U.S. currency. The Silver American Eagle has quickly become the first choice silver coin for silver enthusiasts.
Production of the American Silver Eagle began in 1986 as a way to deplete the strategic silver reserves of the United States. The popularity of the Silver Eagle in 1986 was unprecedented, however, and the coin quickly sold out. By 2002, the strategic stockpile of silver had been depleted by the popularity of the Silver Eagle to such an extent that new legislation was passed authorizing the United States Mint to buy silver on the open market.
Following the banker bailouts and the wealth-destroying policy of the Federal Reserve known as quantitative easing in 2008, the American Silver Eagles saw its greatest demand ever and several times again the Silver Eagle was sold out.
Because of high demand, and how recognizable the Silver Eagle coin is worldwide, it is often the first choice of both beginner and veteran silver buyers.
Legal tender of the American Silver Eagle is guaranteed to be 1 troy ounce of 99.9% pure silver. The coins in the American Silver Eagle Monster Box are eligible for your self-directed IRA.
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