United States Of America 1 Oz Fine Silver Dollar
The United States of America 1 oz fine silver dollar is a popular investment among collectors and investors alike. It is a 1 oz silver coin that is minted by the United States Mint and is made with .999 fine silver. The coin has a face value of $1 and is legal tender in the United States.
History
The United States of America 1 oz fine silver dollar was first minted in 1986. The coin was introduced as a way to compete with other popular bullion coins such as the Canadian Maple Leaf and the South African Krugerrand. The design of the coin has remained the same since its introduction, with only the date changing each year.
Design
The obverse of the United States of America 1 oz fine silver dollar features a portrait of Lady Liberty. The design was taken from the Walking Liberty half dollar that was minted from 1916 to 1947. The reverse of the coin features a bald eagle with its wings outstretched, perched on a branch. The eagle is surrounded by the words "United States of America," "1 oz. Fine Silver," and "One Dollar."
Pricing
The pricing of the United States of America 1 oz fine silver dollar varies based on the current market price of silver. The coin is sold at a premium above the spot price of silver, which covers the cost of minting and distribution. The premium can vary depending on the quantity purchased and the dealer from whom it is purchased.
Collectibility
The United States of America 1 oz fine silver dollar is a popular collectible among numismatists and investors. The coin is highly sought after for its beauty and its silver content. Some collectors purchase the coin for its numismatic value, while others purchase it for its investment potential.
Conclusion
The United States of America 1 oz fine silver dollar is a beautiful and valuable coin that is highly sought after by collectors and investors alike. Its design, history, and collectibility make it a unique addition to any collection or investment portfolio.