Sell Silver Eagles in Las Vegas | Where to Sell American Silver Eagles
The American Silver Eagle is one of the most popular silver bullion coins in the United States, and also in Las Vegas. It carries 1 ounce of 99.9 pure silver, which the US Mint guarantees. As of 2015, the US Mint has produced approximately 47 million Silver Eagles date. Due to its silver content and price that is more affordable than gold, many investors start their port folio with silver coins like the Silver Eagles. However, as a collection grows, it is inevitable that investors move on to other forms of bullion. You can definitely sell your Silver Eagles, as long as you find a reputable Silver Eagle dealer. Fortunately, Nevada Coin Mart is home to experts on the true value of Silver Eagles. Read on if you want to learn where to sell your Silver Eagles.
Silver Eagles Prices
When selling silver eagles, its price depend highly on 2 things:
- Silver Spot Price
The collectability comes in especially for older versions that are in “uncirculated” condition (we will get to that later on). These are usually pretty rare though, as investors acquire most of the millions of American Eagles in the world for its bullion value more than anything.
To find out what the base price of the coin is, you must reference the US silver spot price which you can find here: https://www.kitco.com/charts/livesilver.html. The value of Silver Eagles change as the spot price of silver increases or decreases. Before proceeding to sell Silver Eagles, make sure to check the spot price of silver first.
Silver Eagle Dealer
Without a doubt, the #1 place to sell your silver Eagle coins in Las Vegas is to Nevada Coin Mart. We are an award-winning local business that has won the “Best of Las Vegas” awards (sponsored by the Las Vegas Review Journal) over 12 times and counting. This guarantees not only that you will be getting treated fairly, but also that you will be getting the most money for your American silver eagle coins. More than that, we are the best Silver Eagle dealer in the area. We also buy various types of bullion, like rhodium, palladium, and platinum. This makes us the biggest buyer of precious items in the area, helping sellers earn cash fast.
Sell Silver Eagles
Most people do not understand that there is one proper way to refer to this coin; it is: the “American Silver Eagle”. Some people in Las Vegas refer to it as “Silver American Eagle”, while though OK, is not technically accurate.
When getting into US silver bullion coins, whether in Las Vegas, Summerlin, Henderson, Mesquite, or any of the other surrounding areas, you want to make sure you are referring to it correctly, so as not to confuse other coin collectors and numismatists. Knowing a little background can also help you sell your Silver Eagles better.
The start of the minting of the American Silver Eagle stems from the 1970’s when the US had too much silver on its hands. This was known as the “Defense National Stockpile”. Because of this abundant amount of silver, the American mint decided the best way to get rid of it (while making a profit) was to produce a national silver coin for the United States. This was the birth of the “American Silver Eagle” coin.
Since then it has become worldwide-recognized for being one of the most prestigious silver coins in the world. It is collected worldwide, and is held in high esteem. People have also started selling Silver Eagles to cater its growing demand.
As the official silver bullion coin of the United States, the American Silver Eagle only comes in 1 troy ounce. The average nominal face value of Silver Eagles is equivalent to just one dollar. This is why most people who discover this coin in their house end up deciding to sell Silver Eagles instead of using them. However, the US Mint guarantees that it contains one troy ounce of 99.9% pure silver. They are also in charge of certifying the content, weight, and purity of the coin.
Where to Sell Silver Eagles
As the largest buyer of Silver Eagles in Las Vegas, Nevada Coin Mart is the best place for potential Silver Eagle sellers. The owner, Neil Sackmary, pays the most cash for Silver Eagles when compared to other silver coin shops. For over 25 years, NCM has helped quite a number of people earn fast cash using their Silver Eagles. Visit us at Nevada Coin Mart, 4065 S. Jones Blvd, Las Vegas, NV 89103 to sell your Silver Eagles today.
Value of Silver Eagles
When selling your coin, you can discuss its features to the Silver Eagle dealer. The obverse of the coin shows influences from the Walking Liberty Half Dollar coin by Adolph A. Wein. This iconic design was a huge favorite among consumers. Since the production of the Walking Liberty Half Dollar, its design has remained one of the most revered designs in the history of US coinage. This side also has inscriptions that identify the coin’s mintage year, the word LIBERTY, and the phrase IN GOD WE TRUST.
Meanwhile, the US Mint has revised the design of the coin’s reverse for the year 2021. It features the work of Emily Damstra, a freelance designer that worked with the US Mint under their Artistic Infusion Program. Her design depicts an eagle landing on a branch, which resembles the reverse design of the 1971 Eisenhower Dollar Coins. She also chose to inscribe the phrases UNITED STATES OF AMERICA, 1 OZ. FINE SILVER~ONE DOLLAR, and E PLURIBUS UNUM. A mintmark will also appear on the coin if applicable. The prominence of these details on a coin will help you sell Silver Eagles faster.