2025 American Eagle Pre-Sales
While pre-sales are beginning now, investors will need to wait until January 2025 for the coins to officially ship from the U.S. Mint
American Silver Eagle
The American Silver Eagle coin is a trusted and iconic form of investing in physical silver, backed by the U.S. government for its purity and weight. Costco’s decision to sell these coins aligns with a growing consumer interest in precious metals as a means of wealth preservation.
While this move reflects certain economic sentiments—such as concerns about inflation and a desire for asset diversification—it is just one of many factors in the complex landscape of the global economy. The availability of silver coins at a major retailer makes precious metal investment more accessible but does not, on its own, signal a significant shift in economic direction.
Investors considering purchasing silver should:
- Assess Personal Financial Goals: Determine how silver fits into their overall investment strategy.
- Stay Informed: Keep abreast of economic indicators, market trends, and global events that influence precious metals.
- Consult Financial Advisors: Seek professional advice to understand the risks and benefits associated with investing in physical silver.
The Silver Eagle coin has been available for more than 35 years from the United States Mint. More than 550 million Silver Eagle coins have been produced and sold over since their introduction in 1986. The US Mint continuously mints and releases new coins each year making the cheapest random year silver eagles for investors wanting to save on dealer premiums.
The popularity of the American Silver Eagle has led to significant minting figures, making it one of the most widely traded and collected silver bullion coins in the world. The annual mintages of Silver Eagle coins can vary based on market demand, economic conditions, and the availability of silver blanks for minting.
US Mint Increases Premiums on American Silver Eagles
The Mint notified distributors recently of the increase in the premium.
Retail investors should expect the increase in premiums to trickle down quickly from the wholesale level to bullion dealers.
Costco Silver Coins Availability
The offerings of silver coins at Costco include American Eagles, Canada Maple Leafs, and PAMP Silver Rounds
Investment Grade Silver Coins
Investment grade silver coins are high-quality, government-minted coins that contain a specified amount of pure silver. These coins are recognized for their silver content, purity, and legal tender status, making them a reliable store of value. Some popular examples of investment grade silver coins include the American Silver Eagle, Canadian Silver Maple Leaf, and the Austrian Silver Philharmonic.
How do the prices of Costco Silver and Gold Coins Compare to Online Bullion Dealers?
Costco has broadened its selection of precious metals, introducing an array of new coins and bars to cater to the growing interest in tangible assets. The addition includes a variety of gold and silver coins and bars from renowned mints around the world, making it easier for members to diversify their investment portfolios.
The new lineup features investment-grade bullion coins such as the American Gold Eagle, Canadian Maple Leaf, along with various sizes of gold bars from PAMP Suisse and the RAND Refinery.
Anti-counterfeiting edge notch on US Mint Gold and Silver Eagles
In June 2021, the US Mint added an anti-counterfeiting notch to the edge of annually minted coins like the American Eagle Gold and Silver coins. The notches also appear also on the redesigned gold and silver American Eagles with Uncirculated (Burnished) and Proof finishes.
Costco Now Selling Silver Eagles
Costco, the popular warehouse club known for bulk products and discount pricing, in recent months began offering 1 oz gold bars from PAMP Suisse and Rand Refinery for members to purchase via their website.
This week, various reports are emerging online that the Member’s Only retailer has increased its product offerings of precious metals to include tubes of American Silver Eagle coins, with customers reportedly receiving 2023 mintage year coins.
2024 American Eagle Coins Available for Presale
The US Mint typically ships newly minted American Eagle coins during the beginning of January. Many trusted and reputable online bullion dealers have begun selling 2024 American Eagle Coins with delivery expected during the second week of January.
Understanding Silver Eagle Premiums
The US Mint is one of the oldest continually operating minting operations in the world and all other mints use variants of the Mint’s processes. The Mint remains one of the world’s largest producer of coins today. Issues related to the production of bullion coins have led to huge increases in Silver Eagle premiums in recent years.
Many investors are looking to buy sovereign bullion coins from other mints. While many are still buying 1 oz silver eagles, some are concerned that the Mint suppliers are also making huge profits from the record high premiums caused by the shortages.
Investors Losing Confidence in the US Mint, while Coin Minting Reports $171 Million Net Loss
Keeping up with investors demand has been a difficult task for the US Mint. The pandemic lockdowns caused a total shut down of mint operations, forced mine closures and caused other widespread disruptions throughout industrial supply chains.
Problems for the Mint only got worse as investor demand for bullion investment coins skyrocketed because of the pandemic. For a few months, the minting of Silver Eagle coins was secretly shifted to the Philadelphia Mint for the first time in history as backorders began to pile up.