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The obverse of the American Silver Eagle. The American Silver Eagle is a United States bullion coin that has been minted since 1986. Each coin is .999 fine silver. Circulating coins have been minted at the Philadelphia Mint, San Francisco Mint, and West Point Mint, though do not bear a mint mark. Proof and uncirculated coins do have mint marks ...
The American Silver Eagle is the official silver bullion coin of the United States.It was first released by the United States Mint on November 24, 1986, and portrays the Goddess of Liberty in a design by Adolph A. Weinman that was originally used on the Walking Liberty half dollar from 1916 to 1947.
Because the term "eagle" also is the official United States designation for the pre-1933 ten dollar gold coin, the weight of the bullion coin is typically used when describing American Gold Eagles (e.g., "1/2-ounce American Gold Eagle") to avoid confusion with the pre-1933 coins. This is particularly true with the 1/4-oz American Gold Eagle ...
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On page 47 of IRS Publication 590 it says "Your IRA can invest in one, one-half, one-quarter, or one-tenth ounce U.S. gold coins, or one-ounce silver coins minted by the Treasury Department." The American Silver Eagle is the only one-ounce coin currently (April 30, 2010) minted by the United States Treasury Department.
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