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"The American Silver Eagle ( face value $1, actual silver weight one ounce ) is a legal-tender bullion coin with weight, content, and purity guaranteed by the government of the United States. Investors buy tens of millions of the coins every year as a convenient way to acquire silver. For collectors, the United States Mint also issues Proofs, packaged sets, and other special numismatic formats. In addition, many hobbyists collect each year's regular bullion strike." - Whitman Publishing