Los Angeles

Los Angeles is the largest city in the state of California and the American West as well as second largest in the United States. Often abbreviated as L.A. and nicknamed The City of Angels, Los Angeles is rated an alpha world city, has an estimated population of 3.8 million and spans over 498.3 square miles (1,290.6 km2) in Southern California. Additionally, the Los Angeles metropolitan area is home to nearly 12.9 million residents, who hail from all over the globe and speak 224 different languages. Los Angeles is the seat of Los Angeles County, the most populated and one of the most diverse counties[4] in the United States. Its inhabitants are known as "Angelenos". Los Angeles was founded September 4, 1781, by Spanish governor Felipe de Neve as El Pueblo de Nuestra Señora la Reina de los Ángeles de la Porciúncula (The Village of Our Lady, the Queen of the Angels of Porziuncola). It became a part of Mexico in 1821, following its independence from Spain. In 1848, at the end of the Mexican-American War, Los Angeles and California were purchased as part of the Treaty of Guadalupe Hidalgo, thereby becoming part of the United States; Mexico retained the territory of Baja California. Los Angeles was incorporated as a municipality on April 4, 1850, five months before California achieved statehood. Los Angeles is one of the world's centers of culture, technology, media, business, and international trade. It is home to renowned institutions covering a broad range of professional and cultural fields, and is one of the most substantial economic engines within the United States. Los Angeles leads the world in producing popular entertainment — such as motion picture, television, and recorded music — which forms the base of its international fame and global status.

American Silver Eagle

The American Silver Eagle is the official silver bullion coin of the United States of America. The United States Mint first released it in November 1986. It struck only in the one-troy ounce size, which has a face value of 1 dollar and guaranteed to contain one troy ounce of 99.9% pure silver. The United States Mint certifies its content, purity, and weight. Silver Eagle bullion coins, along with American Gold Eagle bullion coins are viable investment alternatives to the gold and silver bullion coins produced by other countries. To ensure wide distribution of the coins, the United States Mint awarded a contract to Grey Advertising to assist in marketing and publicizing the coins domestically and internationally. The design on the coin's obverse taken from the "Walking Liberty" design by Adolph A. Weinman, which originally had been used on the Walking Liberty Half Dollar coin of the United States from 1916 to 1947. As this iconic design had been a public favorite—and indeed one of the most beloved designs of any United States coinage of modern times, silver or otherwise—it revived for the Silver Eagle decades later. The obverse inscribed with the year of minting or issuance, the word LIBERTY, and the phrase IN GOD WE TRUST. The reverse is by John Mercanti and portrays a heraldic eagle behind a shield; the eagle grasps an olive branch in its right talon and arrows in its left talon, echoing the Great Seal of the United States; above the eagle are thirteen five-pointed stars representing the Thirteen Colonies. The reverse inscribed with the phrases UNITED STATES OF AMERICA, 1 OZ. FINE SILVER ONE DOLLAR, and E PLURIBUS UNUM as well as the applicable mintmark. Like the American Gold Eagle and American Platinum Eagle bullion coins, the United States Mint does not sell Silver Eagle bullion coins directly to the public. In order to provide "effective and efficient distribution, which maximizes the availability of the coins in retail markets as well as major investment markets" the Mint utilizes a network of authorized purchasers to distribute the coins. The coins sold in bulk at a premium over the spot price of silver. The coins sold to banks, brokerage companies, coin dealers, precious metal firms, and wholesalers that meet the following requirements. Be an experienced and established market maker in silver bullion coins. Provide a liquid two-way market for the coins. Be audited annually by an internationally accepted accounting firm. Have an established broad base of retail customers to which to distribute the coins. Have a tangible net worth of $5 million. 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