American Silver Eagle → SET · Issued by GATCo
Silver Eagle Token
Own a specific 1 oz American Silver Eagle — the official silver bullion coin of the United States. It stays in the vault at BlueVault; ownership moves digitally. Redeem it when you want the coin in hand.
Live · Available through B2B programs
Key Facts
What one SET is.
The Silver Eagle Token (SET) is legal title to one specific 1 oz American Silver Eagle, a U.S. Mint coin held in insured custody at BlueVault. Ownership moves digitally while the coin stays in the vault, and the holder can redeem it for the physical coin.
- What you own
- One specific 1 oz American Silver Eagle bullion coin, produced by the U.S. Mint
- Metal content
- 1 troy oz of fine silver · .999 fine
- Face value
- $1 (U.S. legal tender)
- Backing
- 1 token = 1 specific, allocated coin
- Custody
- BlueVault — vaulted and insured
- Ownership transfer
- Digital, through SATCHEL — the coin stays in the vault
- Legal structure
- Bailment and warehouse-receipt concepts; the token is digital title to the coin
- Governing law
- Uniform Commercial Code, Nevada
- Redemption
- For the physical coin, subject to program terms
- Access
- B2B programs for advisors and qualified institutions
- Issuer
- Great American Token Company (GATCo)
Ownership
The metal stays put. Ownership moves.
What the holder owns
If a client holds ten SET, ten specific American Silver Eagles sit in the vault at BlueVault, allocated to that client. The coin is what they own; the token is digital title to it and the way ownership moves.
Ownership transfers digitally through SATCHEL without the coin leaving the vault. When the owner wants the coin in hand, they redeem.
Why the American Silver Eagle
The American Silver Eagle has been the official silver bullion coin of the United States since 1986. The U.S. Mint guarantees its weight, content and purity, and dealers worldwide recognize it.
That matters at redemption: the owner receives a coin they, their advisor and any dealer can recognize on sight.
How Ownership Works
Own it. Keep it vaulted. Move ownership. Take delivery.
-
01
You own an Eagle
Each holding starts with one specific 1 oz American Silver Eagle, produced by the U.S. Mint. The coin is the asset; the token is how its ownership moves.
The asset -
02
It sits in a vault
BlueVault vaults and insures the coin at a U.S. facility. It stays there — allocated to its owner — until the owner wants it.
BlueVault · custody -
03
You hold legal title
GATCo holds the coin as bailee and issues digital title to it, structured through bailment and warehouse-receipt concepts under the Uniform Commercial Code in Nevada.
GATCo · issuer -
04
Ownership moves
Ownership transfers digitally through SATCHEL, the ownership interface — without moving the metal. F1R3FLY protects the ownership data.
SATCHEL · F1R3FLY -
05
You can redeem
When the owner wants the coin in hand, they redeem the token for the physical Eagle, subject to program terms.
The owner
Ownership is structured through bailment and warehouse-receipt concepts designed to separate holder assets from issuer creditors. Our legal opinion letters address this in detail.
Request the opinion letters →Architecture
Who does what.
BlueVault protects the asset. F1R3FLY protects the ownership data. GATCo connects the two through a legally enforceable ownership structure.
Issuer
Products
Ownership interface & infrastructure
Custody & cybersecurity infrastructure
Governing framework: Uniform Commercial Code · Nevada
Comparison
Exposure is common. Ownership is the difference.
| Feature | Typical silver ETF | Silver Eagle TokenSET · Issued by GATCo |
|---|---|---|
| What the holder owns | Shares of a fund | Legal title to a specific coin |
| Underlying | Pooled metal held by the fund's custodian | One specific 1 oz American Silver Eagle |
| Physical delivery | Generally limited to authorized participants, in large baskets | Redeemable for the coin, subject to program terms |
| Where the metal is | Varies by fund | BlueVault, United States |
| Legal framework | Securities law (registered fund) | Uniform Commercial Code, Nevada |
| Price exposure | Yes — tracks the silver price | Yes — the coin's value moves with silver |
Illustrative summary; fund terms vary. Conduct independent legal review. Read the full explainer →
For Advisors
One story for the institution. One for the client.
For the client
SET fact sheet
One page, written for the end holder: what they own, custody, redemption and key risks. Print or save as PDF.
Open fact sheet →For the institution
Briefing
Structure, economics, compliance, custody and operational integration — with program terms.
Request a briefing →Due diligence
Documents
Legal opinion letters, agreements, custody and insurance details, the patent and technical documentation.
Open the library →Also from GATCo
Gold Eagle Token
Own a specific 1 oz American Gold Eagle, with the same custody and structure.
View product →Fees, minimums and program terms depend on the B2B program and are provided in a briefing.
Evaluate the Silver Eagle Token.
Get the legal opinion letters, custody and insurance details, and program terms in one briefing.