Trends In The Silver Coin Market
ByI just opened up the April 2010 edition of Inc. magazine which arrived in my mailbox yesterday. Inside is a full-page advertisement opposite page 112 with the dramatic headline: “$34,500 For An Ounce Of Silver Bullion? Impossible!”
This comes from the rarified atmosphere of MS70, Silver Eagles that have soared to market prices that are amazing! The $34,500 price tag comes from the 1991 MS70 Silver Eagle. The 1999 MS 70 Silver Eagle is noted at $27,600.
The idea behind the minting of the American Silver eagle coin was to allow people the opportunity to physically own silver and gold precious metal in a certified form for weight and purity by the U.S. Mint.
Now many collectors look upon the Silver Eagle series as a “ground floor opportunity” to acquire top grade coins as they are released. The American Eagle Silver coin has become the most popular numismatic coin in America!
Start your American Silver Eagle collection with a 1 ounce MS70 Certified American Eagle silver coin in your Fast Track Collectors Kit.
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