The American Silver Eagle is minted by the US Mint at West Point, New York, and contains 1 troy oz of .999 Fine Silver. Since their release in 1986, silver eagles quickly became one of the most desired bullion coins in the world. While many collectors enjoy the beauty and purity of the silver eagle for gifts, collections, and display, the silver eagle is also immensely popular with bullion investors who want a quickly recognized form of silver to trade or sell to other investors.
No other silver coin enjoys such popularity, respect, and liquidity among American investors as the US Silver Eagle. The coin itself weighs 1 troy oz, and contains 1 troy oz of .999 Fine Silver. As an American coin with a $1 face value, the American Silver Eagle is legal tender, although its value in silver far exceeds it value as American currency.
1 oz silver eagles are typically sold by the Mint in sealed green “monster” boxes. These “monster” boxes of silver eagles contain 25 rolls of 20 coins, 500 coins in total. Many times the boxes are sold as “unsealed” boxes. This means that the security strapping around the box has been broken, and the lid has been opened. When buying a “sealed” box with the original straps intact, the buyer can assume that the box has not been opened and the coins are in the same brilliant and untouched condition as they were when they left the Mint.