The Gold n Pawn

American Coin

These days, more and more people are getting involved in coin collecting as a serious business, or as a fun hobby. To answer the growing demand of people looking for rare and valuable old coins, a lot of coin dealers are selling these coins. Sad to say, though, that this has been an outlet for a lot of counterfeiters out there.

To guide you in buying a real Silver Eagle dollar, this article will provide interesting facts about the official silver bullion coin of the United States, the American Silver Eagle, and some ways to distinguish a real one from a counterfeit.

What is the American Silver Eagle?

The Silver Eagle dollar was first released by the U.S. Mint on November 24, 1986. It contains one troy ounce of .999 pure silver, and has a nominal face value of one dollar. Its weight and content is certified by the U.S. Mint and it is authorized by the U.S. Congress. For coin collectors, the U.S. Mint produces a proof version of the coin.

The Silver Eagle dollar has been produced at three minting locations, including Philadelphia (‘P’ mintmark), San Francisco (‘S’ mintmark) which issued proofs, and more recent proofs from West Point.

Physical Descriptions

An authentic Silver Eagle dollar will weigh 31.103 grams, and its diameter is 40.60 mm, with a thickness of 2.98 mm. Its edge must be reeded, and the Silver content is 99.9%. The obverse design features Liberty walking and is adapted from the design of Adolph A. Weinman during the year 1916. The reverse design features a Heraldic Eagle with Shield, which was designed by John Mercanti on the year1986.

How do I tell if a Silver Eagle is fake?

· Check the year of minting

By knowing the minting years of a coin, you are one step closer to identifying a fake from a real coin. The Silver Eagle was minted on the year 1986. So if you see one for sale that has the year 1906 or any year that is before 1986, then consider it fake. It wasn’t the U.S. Mint that made the coin. Save yourself the money and don’t buy it.

· Weigh it

If you’re equipped with knowledge about the coin, you’re better to discriminate one from a fake. A true Silver Eagle dollar will weigh 31.103 grams. Also consider the diameter. Remember it should be 40.66 mm, not anything lower or higher than that. So, even if your coin ‘looks’ real, weight it to see if it really is.

· Appearance

A fake Silver Eagle is dull, grayish looking, and not lustrous. It could also have a soapy appearance to it.

· Check the reeding

Remember that an authentic Silver Eagle is reeded, so if you happen by one that is not, skip it. It’s fake.

· Test

You can perform the drop test, and listen to its distinctive ring. If you drop it and it produces a dink sound, then this is most likely not silver. Keep in mind that a Silver Eagle is 99.9% silver. You can also do the magnetic test, where if the coin is attracted to the magnet, then it is not real. It is probably copper made to look ’silver’.

As a whole, distinguishing a real from a fake Silver Eagle is easy, for as long as you are equipped with relevant information about the coin.

Find out more about American Eagle Silver Dollar coins and other types of U.S. minted silver dollars at: http://www.SilverDollarCoins.Info

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1999-W $5 & $10 American Gold Eagles, Emergency Issue, 197 Coins All PCGS!! $280,995.00

early American coin collection & later coins too $82,000.00

American Eagle Gold Proof Collection 2-Coin Sets, 4-Coin Sets 1988-2006 36.75ozt $67,987.00

20 1 oz ounce $50 GOLD AMERICAN EAGLES Brilliant Uncirculated gem bullion coins $35,299.00

Wood & Hughes American Coin Silver Large CenterPiece $22,500.00

Ten ( 10 ) Pieces $ 50 Gold American Eagle Coins $20,000.00

500 Coins 2012 American Silver Eagle Coins Green Monster Box 500 Troy Ounces $19,511.04

10 1986-W American Eagle Gold Proof $50 10 COINS reduced! $19,500.00

Lot of 10 2010 American Eagle $50 Gold Bullion Coins NGC MS69 Early Releases 1oz $18,750.00

10 Ounce American Eagle Gold Proof Collection 1 Oz $50 Coins 1990-1995 w/Box COA $18,477.50

10 Gold 1 oz. 2012 American Eagle Uncirculated Coins One Troy Ounce bullion $17,316.00

10 Gold 24K 2012 American buffalo 1 Troy oz Bullion Coins $17,316.00

$10 – 1/10 oz Platinum American Eagles. Complete15 Coin Set Graded MS-70 By NGC. $17,000.00

500 Silver American Eagle 1oz Coins – 2012 Monster Box of Silver Eagles $16,750.00

Complete Set of (10) 1 & 1/2 Oz American Arts Gold Coin-Medals, 1980’s US Mint $16,495.00

2000-2004 ¼Oz $25, ½Oz $50 Platinum American Eagle Coins NGC PCGS MS69 7.5ozt $15,635.29

American Eagle $25 Gold Coin Set 10 Coins 5 OZ UNC Sealed 1986-1995 $12,495.00

Lot of 6 American Gold Eagle $50 Bullion Coins PCGS NGC ICG MS69 1oz Mixed Dates $11,756.25

American Buffalo Set: 2008-W $5, $10, $25 & $50 NGC MS70 (4-Coins, Ea Gold Buffa $10,200.00

American Coin Silver Massive Soup Tureen WILSON c.1850 76 ozs! $10,200.00

(11) AMERICAN EAGLE FINE GOLD COINS : (2) $50, (2) $25, (3) $10 & (4) $5 BULLION $10,000.00

HUGE WILLIAM FORBES AMERICAN COIN SILVER ENGRAVED TRAY $9,950.00

2012 1/10 OUNCE $5 AMERICAN GOLD EAGLES – U.S MINT TUBE OF 50 COINS $9,365.39

50 – Gold 1/10 oz 2012 American Eagle Uncirculated Coins One tenth Ounce bullion $9,335.00

2008-W NGC MS70 Early Release .999 Gold American Buffalo Four Coin Set – g111 $9,000.00

5 – 2012 1oz. AMERICAN GOLD EAGLE BULLION $50 COINS $8,761.36

5 Gold American Buffalo 1 oz. Coins – 2012 $8,705.00

5 Gold 1 oz. 2012 American Eagle Uncirculated Coins One Troy Ounce bullion $8,705.00

c.1730 18th Century American Coin Silver Coffeepot. Repousse Decoration $8,500.00

Lot of 16 $10 Ten Dollar 1/4 Oz. American Eagle Gold Proof Coins Mixed Dates $7,932.50

200 Coin 2012 American Silver Eagle 10 Rolls 999 Fine Silver 200 Troy Ounce GEM $7,806.14

10 2006 US MINT 20TH ANNIVERSARY 3 COIN SETS AMERICAN SILVER EAGLE SEALED BOX $7,799.95

1995-W American Eagle 10th Anniversary Proof Gold & Silver Coins PR69DCAM Dollar $7,500.00

2002 NGC MS70 FIRST STRIKE AMERICAN SILVER EAGLE COIN, POPULATION 14 COINS $7,500.00

2001 NGC MS70 FIRST STRIKE AMERICAN SILVER EAGLE COIN, POPULATION 16 COINS $7,500.00

(2) 1988 AMERICAN EAGLE PROOF SETS FINE GOLD COINS $50, $25, $10 & $5 BULLION $7,500.00

1995 W 5 Coin Proof American Eagle Set-10th Anniversary $7,300.00

3 Oz 24kt Pure .9999 Gold $50 2006 W American Buffalo NGC PF70 Ultra Cameo Coins $7,210.50

180 Coins 2012 American Silver Eagle 9 Rolls 999 Fine Silver 180 Troy Ounce GEM $7,020.28

(6) 2011 Silver American Eagle 25th Anniversary 5 Coin Set NGC PF70 MS70 $6,999.95

2006-W 20TH ANNIVERSARY GOLD AMERICAN EAGLE 3-COIN SET PCGS FS 69/69/69 $6,995.95

19th CENTURY AMERICAN COIN SILVER 4pc MELON FORM TEA SET STANWOOD $6,950.00

2011 American Silver Eagles Proof 100 coins in Sealed Mint Box $6,800.00

2008-W Gold American Buffalo 4-Coin Mint Set $5 $10 $25 $50 $6,795.00

200 Silver 2012 American Eagle 1 oz. Coins .999 fine silver American Eagles 1oz $6,705.00

(2) 1987 AMERICAN EAGLE PROOF SETS FINE GOLD COINS $50 1 OZ & $25 1/2 OZ BULLION $6,500.00

2006*American Eagle*20th Anniversary*gold coin set $6,499.00

2006-W Gold Eagle Set NGC MS70 (4 coins: $5, $10, $25, $50) American Eagle $6,300.00

160 Coins 2012 American Silver Eagle 8 Rolls 999 Fine Silver 160 Troy Ounce GEM $6,281.59

2002 W American Eagle Platinum 4 coin Proof Set $5,750.00

3 1987-W American Eagle Gold Proof $50 Coin w/COA & Box $5,750.00

2004 Proof Platinum American Eagle Four Coin Set w/Box and COA – KEY YEAR! $5,599.00

American Eagle Coin 2003 – $5 / 14k Gold * Multi Gemstones Bracelet $5,550.00

American Eagle 20th Anniversary Silver Coin Set (10 Sets) $5,550.00

140 Coins 2012 American Silver Eagle 6 Rolls 999 Fine Silver 140 Troy Ounce GEM $5,527.15

2010-W Set NGC Proof 70 UCameo (Gold Eagle 4-Coin Set) American Eagle $5,500.00

3 x $50 AMERICAN GOLD EAGLE ONE OUNCE GOLD COIN 2011 $5,495.00

150 American Silver Eagles 2012!!! $36 a coin!!!!! Free Shipping $5,400.00

3 Gold 1 oz. 2012 American Eagle Uncirculated Coins One Troy Ounce bullion $5,255.00

3 Gold 24K 2012 American buffalo 1 Troy oz Bullion Coins $5,255.00

3pc HAND HAMMERED HEAVY AMERICAN COIN SILVER TEA SET $5,250.00

1999 W American Eagle Platinum 4 coin Proof Set $5,150.00

2001 W American Eagle Platinum 4 coin Proof Set $5,000.00

5x SETS 2011 25th ANNIVERSARY AMERICAN SILVER EAGLE COIN SET (MINT SEALED ) $4,998.88

2007 W Gold American Eagle 4 Pc Burnished Coin Set – NGC Early Releases MS 70 $4,998.00

1993 2000 2002 2004 2005 (Lot of 5 Rolls) American Silver Eagle Rolls =100 coins $4,990.00

5 -2011 SILVER AMERICAN EAGLE 25th ANNIVERSARY COIN SETS $4,975.00

HEAVY FINE QUALITY 1830s AMERICAN COIN SILVER 3pc TEA SET $4,950.00

3 Gold 1998 American Eagle 1 Ounce $50 Coins $4,859.00

2010-W PROOF GOLD AMERICAN EAGLE 4 COIN SET PCGS PR70DCAM FIRST STRIKE PERFECT $4,800.00

2005 Proof Platinum American Eagle Four Coin Set w/Box and COA $4,799.00

120 Coins 2012 American Silver Eagle 6 Rolls 999 Fine Silver 120 Troy Ounce GEM $4,767.50

2- 2011 NGC PF70UC $50 1oz Proof Gold American Buffalo PF70 coin 2 coins $4,750.00

1998 W American Eagle Platinum 4 coin Proof Set REDUCED! $4,750.00

2011 American Eagle Proof Set 4 Gold Coins All PF70 Ultra Cameo Sequential $4,699.00

1997 W American Eagle Platinum 4 coin Proof Set $4,650.00

FAB QUALITY AMERICAN COIN SILVER PIERCED TRAY c. 1820 $4,600.00

5 sets -2006 20th Anniversary 3-Coin Silver American Eagle Set-SEALED & UNOPENED $4,500.00

1820 3pc Heavy American Coin Silver Bogert Tea Set $4,500.00

1986 – 2005 $5 Gold American Eagle Coin Set 1/10 oz NGC MS69 20 coins $4,500.00

1986 $50 25 10 5 DOLLAR GOLD COIN LOT AMERICAN EAGLE $4,499.00

2000 W American Eagle Platinum 4 coin Proof Set ..all reduced to Sell! Again! $4,450.00

1986-2012 AMERICAN SILVER EAGLE(38 COIN)(WITH 20TH/25 ANNIVERSARY SET)US COIN $4,400.00

2004 NGC MS70 American Gold Eagle 4 coin set $4,399.00

2010-W Set PCGS Proof 70 DCameo (Gold Eagle 4-Coin Set) American Eagle $4,350.00

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