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2011 1 oz Silver Eagle - Roll of 20
The U.S Mint produces many millions of Silver Eagles every year. So you might think that finding earlier date Silver Eagles like these 2011 20 Coin Rolls in Gem Brilliant (GEM BU) Uncirculated Condition would be a breeze. Unfortunately, the exact opposite is true. Finding earlier date Silver Eagles singly, let alone in quantity can be incredibly difficult.
There are three main reasons why this is the case: Demand for Silver Eagles has skyrocketed, the U.S. Mint hasn't always been able to keep up with demand, and almost all Silver Eagles are socked away by astute buyers who have no intention of parting with them.
Skyrocketing Demand for Silver Eagles
In 1986, the first year of production for Silver Eagles, the Mint struck just over 5 million coins. Over the years since, the Silver Eagle has grown steadily in popularity, not only in the United States, but also around the world. Its classic Walking Liberty design, 1 oz. .999 silver content, government guaranty of purity and weight and the fact that it is America's current Silver Dollar has led the mint to raise its production almost every year. Today, production figures are in the tens of millions of coins every year.
Silver Eagle Supplies Can Dry Up Fast!
Even though millions are struck each year, Silver Eagles can be very difficult to buy. Some years the Mint just couldn't keep up with demand. Of course, when this happens, collectors have to scramble to buy any Silver Eagles they can, and that makes earlier date coins like these 2011s even harder to find.
Almost All Silver Eagles are Socked Away
Realizing you can't always get something you want is an unsettling experience, one Silver Eagle buyers have experienced numerous times. That makes them unwilling to part with the Silver Eagles they own. You probably feel the same way about your Silver Eagles.
Silver Dollars Have Been Popular for Over 100 Years
There's one more reason why previous years' Silver eagles can be hard to find. The Silver Eagle is America's current Silver Dollar. Like the Morgan and Peace Silver Dollars, many collectors try to assemble complete sets of Silver Eagles. This is not as easy to do as you might think. Owning a roll of 2011 Silver Eagles gives you 20 coins valued and searched for by these Silver Eagle Collectors.
|Year of Issue:||2011|
|Quantity:||Roll of 20|
|Weight in Grams:||31.1032 g|
|Weight in Ounces:||1 oz|
|Legal Tender:||United States|
|Obverse Design:||Walking Liberty|
|Reverse Design:||Heraldic eagle with shield and thirteen five-pointed stars|
|Reverse Designer/Engraver:||John M. Mercanti|
|Obverse Designer/Engraver:||Adolph A. Weinman|