When it comes to official coins produced by the United States government including gold and silver eagles there are two different versions that you will be able to choose from most of the time. These types are bullion and proof, but what is the difference and which one do you want? The answer depends on why you are purchasing this specimen and what you hope to gain when you acquire it. Since both types are offered by the facility you can choose either, but in every case one will be superior to the other.
For investors the bullion option is generally better. These have a lower premium and they still retain all of the qualities that you are looking for if you want a vehicle to spend your capital on. The value of one of these items will be based on the actual silver content instead of the specific condition or level of rarity that the product offers.
Investing in the bullion version means that the item may not be graded at all, and even if it is the grade received is not the most important consideration. For this purpose it is essential that you keep your expenses as low as possible so that you get the best return you can. This type of specimen has a much lower commission and premium associated with them so they will cost less given the current spot value of the market when you buy or sell.
Proof coins are entirely different, and those who buy this type are looking for different aspects. These are specimens that have never been placed in circulation, and they are used for numismatic purposes rather than a vehicle to use for investing. They offer an appearance that is more brilliant and they do not have any flaws, damage, or wear which may be found on the other version. Collectors want these pieces because they are flawless and in the best possible condition.
The specific type that you finally choose is a personal decision. You may decide to go with the more expensive option in hopes of making a profit in the future, or you may decide that you are only interested in the amount of silver that is offered. Every individual may have different goals and objectives, and these will help you determine which specimen works right for you and your unique situation. Wither can usually be found for less than $100 in most cases, depending on the year minted, rarity, and availability.