2015 United States $1 American Eagle 1oz. .999 Silver (No Tax)

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2015 United States $1 American Eagle 1oz. .999 Silver (No Tax)

First released November 24, 1986, the 1 oz Silver American Eagle quickly became the most popular Silver bullion coin not only in the United States, but in the entire world. The initial run sold out immediately "due to the phenomenal demand." The Silver Eagle enjoys a special prestige as the only Silver bullion coin backed by the U.S. government. In fact, this Silver coin is so highly sought after that in 2014 and 2015 the U.S. Mint could not match its level of production to consumer demand. In 2013, after a historic drop in Silver prices, demand increased so much that the U.S. Mint had to ration the sale of Silver coins for 18 months.

The driving force behind the creation of the Silver American Eagle was the government's desire to sell off some of the Silver from the Defense National Stockpile. Although states with heavy mining interests and some legislators opposed the sale of the Silver, in 1985 the Senate agreed to permit Silver sales. In 2002, after it became apparent the stockpile of Silver would be depleted, an additional bill was passed that would allow the government to purchase Silver on the open market once it became necessary.

Specifications:
Year: 2015
Denomination: $1.00
Metal Content: 1 troy oz
Purity: .999
Thickness: 2.98 mm
Diameter: 40.6 mm