American Silver Eagles, Affordable Real Money

Article 1, Section 8, Clause 5 of the Constitution of the United States of America grants Congress the "power to coin money" and Article 1, Section 10, Clause 1 specifies that "No state shall.. coin money: emit Bills of Credit; make anything but gold and silver coin a Tender in Payment of Debt."

The Constitution clearly states that money is to be coined and that only gold and silver coin (I.E. real money) is a tender in payment of debt. Note that Congress was granted the power only to coin money, not to print it. They were granted the power to borrow money, not to loan it.

Silver characterizes all six aspects of real money. It is divisible, durable, convenient, consistent, and has utility value, and cannot be created by fiat. Silver is used as a medium of exchange and as a store of
value. It is indispensable, has tangible value, and is in limited supply.

The same cannot be said for fiat currency, such as Federal Reserve notes, which are promises to pay. Hyperinflation is the terminal stage of any fiat currency. EVERY fiat currency since the Roman Empire has ended in devaluation and eventual collapse. The United States has already had several failed attempts at using paper currency. There is evidence to suggest that the Federal Reserve has recently been engaging in monetizing the debt, in other words, financing the national debt by printing new money, which could ultimately cause hyperinflation. Weimar Germany during the 1920s is a well-known example of monetary hyperinflation. The German government went crazy with the printing presses finally taking billions of marks to equal one
dollar and wiping out the savings of the middle class.

Supply and Demand

The U.S. Geological Society has stated that by 2020 silver would be the first element in the periodic table that would become extinct. Silver is indispensable, therefore the price is predicted to go up in proportion to the supply and demand.

Worldwide market demand for silver is growing. World demand for silver has exceeded annual production every year since 1990. The U.S. government, who once possessed the largest stockpile of silver on the planet, has dumped billions and billions of ounces of silver onto the world market over the years, resulting in depressed silver prices. Today, that government silver hoard is gone, and now the U.S. government is a buyer of silver.


Uses of Silver

Silver has a number of unique properties including strength, malleability and ductility, electrical and thermal conductivity, sensitivity to and high reflectance of light and the ability to endure extreme temperature ranges. Silver's unique properties restrict its substitution in most applications. Applications of silver include: coinage, Photography, Jewelry, Silverware and Table Settings, Batteries, Bearings, Brazing and Soldering, Catalysts, Electronics, Medical Applications, Mirrors and Coatings, Solar Energy,
and Water Purification.

American Silver Eagle

The American Silver Eagle was first released in 1986 as part of the American Eagle Bullion Program. This program was authorized by Congress in 1985 to produce gold and silver bullion coins with their weight, content, and purity guaranteed by the United States Government.


The American Silver Eagle is the only silver bullion coin that has its weight, content, and purity guaranteed by the government of the United States. Each American Silver Eagle coin is struck in .999 fine silver, and has a weight of 1.000 Troy Ounce, yielding a silver content of 0.999 troy ounces. The balance of the coin's composition is copper, which is added to increase durability and help resist marring. The coins have a diameter of 1.598 inches and thickness of 0.117 inches.

The design of the Silver Eagle is taken from the Walking Liberty Half Dollar. This coin was issued in the United States from 1917 to 1947. It was designed by Adolph A. Weinman and is considered to be one of the most beautiful US coin designs ever created. The reverse of the Silver Eagle was designed by John Mercanti. It features a Heraldic Eagle with Shield.


Rare opportunity

Right now, this moment in history marks a rare opportunity to own American Silver Eagle Coins at an affordable price. Supply and demand and the shrinking value of the American Dollar insure its rising price. Do you remember when gold was $35 an ounce? That represented another rare opportunity. Some recognized it, others wish they had. It’s not too late. Gold’s twin sister, silver is coming up the rear. Are you along for the ride?

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