The American Silver Eagle was first released in 1986 and contains 1 troy ounce of .993 silver with a monetary value of $1.00. It is authorized by the U.S. Congress and backed by the U.S. Mint for weight and content. The obverse has the Walking Liberty design used on U.S.A. half dollars from 1916-1947. The reverse design is a rendition of a Heraldic Eagle. Note that American Silver Eagles can be used to fund IRA investments. 

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