Silver American Eagle Coins: Right Choice for New Investors?

So you've been thinking about investing for some time. You have a 401K through work, but you want to expand beyond that and you’ve been thinking about precious metals. At the same time, you are not wealthy and can’t decide if you should save-up for gold or invest in silver, now. One option you really should consider is purchasing Silver American Eagle coins.

According to Wikipedia, the Silver American Eagle coins                          

(http://en.wikipedia.org/wiki/American_Silver_Eagle) are the official silver bullion coins of the U.S. and are only offered in the one-ounce weight. They are composed of 99.9% silver bullion – that is, pure silver – and their face value is $1.00. However, their true value is in the silver that the Silver American Eagle coins contain.

The U.S. Mint produces three versions of the Silver American Eagle coins: bullion, proof, and uncirculated. If you are looking at buying these coins as an investment in a precious metal, you will want to purchase the bullion version and not pay extra for the proof or uncirculated coins.

Is silver a good investment choice? Right now and for the foreseeable future, many investors and precious metals experts think that not only is silver seriously undervalued, but that due to the fact that most silver available in the ground has already been extracted, and that there is an ongoing, growing demand for silver from industrial and technology sectors, anyone who owns silver is going to be well off. Buying the bullion Silver American Eagle coins, therefore, is an excellent initial investment choice.

However – and this is important – according to an article on Coin

Week(http://www.coinweek.com/modern-coins/the-coin-analyst-u-s-mint-sells-out-of-2013-silver-eagles-and-keeps-collectors-guessing-about-early-numismatic-sell-outs/), the demand for the Silver American Eagle coins in early 2013 has been so strong that the U.S. Mint has temporarily halted sales of these, and other, silver coins. What Silver American Eagle coins are available on the market, at the moment, are in demand. The article explains that with there being less silver available, combined with increased demand for the metal, the value of silver bullion is going to go up. How high, no-one knows, but significantly higher than present value, according to many.

If you are a new investor and have the money available, buying some Silver American Eagle coins is likely a very good decision on your part.

Research online precious metals companies, like Merit Gold, and then make your purchase; buy your Silver American Eagle coins now, before the prices rise, and you’ll likely make a very good profit off of your investment.