If you have already invested in gold or are considering it, and
are also looking for a way to diversify your portfolio, you may want to also look
into investing in American Silver Eagles coins. The coin was originally
introduced in 1986 and was available in two versions – bullion (the first
silver bullion coin of the United States) and a proof edition. Both variants
feature A. A. Weinman’s “Walking Liberty” design on one side, and a shielded
eagle on the other.
As with any other investment, we recommend that you should do
your own research and understand your options before making any decisions –
this will increase your chances of getting the most benefit out of your
portfolio. Use our checklist below to make sure you have taken all the right
steps to purchasing your American Silver Eagles.
1. 1. DON’T invest with your eyes closed
Investing in precious metals is not a
guessing game, so don’t make hasty decisions – have a clear strategic plan for
obtaining the assets you want and how you can maximize their benefit for your
financial growth.
DO understand the difference between
bullion and proof American Silver Eagles
While the coins may appear similar to the
casual observer, each offers unique benefits, so talk to a precious metals specialist
to learn more about each of them and pick the one (or an allocation of each) that
suits your goals best.
2. 2. DON’T leave your silver coins unprotected
Should you choose to take physical
possession of your coins, make sure they are securely stored – don’t hide them
in your sock or under your wife’s rose bush! Choose a safety deposit box in
your bank or consider an insured non-segregated depository.
DO talk to an experienced precious metals
specialist
When you are looking for a precious metals
advisor, look for the one with a solid reputation and extensive experience in the
market. Prepare a list of questions to ask and find out as many details as you
can. True professionals will answer any and all of your questions and will take
their time to make sure you understand your options and what is involved in the
process of investment in your particular situation.
3. 3. DON’T make investment you are unsure about
If you are dealing with an “aggressive”
salesperson, don’t give in and invest because of the pressure. “Pushy” sales
tactics should be a warning sign that you want to find another precious metal
dealer.
DO plan ahead for retirement
Both versions of American Silver Eagle
coins offer great potential to shield your IRA or 401k from stock market
volatility and the declining purchasing power of the dollar. While every
situation is different, adding this additional level of protection for your
retirement savings may be a smart move to safeguard your wealth and lifestyle.
Should
you have any questions about American Silver Eagles, feel free to contact BirchGold Group, one of the nation’s leaders in precious metals investing. Our
friendly and knowledgeable advisors will answer any questions you might have
and help you choose the best option to protect your savings for your particular
situation.