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.

Year over Year Sales Up at the Royal Mint, Down at US Mint

Silver coins on the background of the growth chart

The global bullion market in 2024 saw a stark divergence in the performance of some of the world’s leading mints. While the Royal Mint in the UK experienced a substantial increase in gold and silver bullion sales, the US Mint reported significant declines. Declining Sales at the US Mint In 2024, the US Mint sold … Read moreYear over Year Sales Up at the Royal Mint, Down at US Mint

Investment-Grade Silver Coins

Closeup of Stack of Silver Eagle Coins (Bullions) on a $100 US Bill

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?

gold bar on display in a Costco Warehouse location

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.

Costco Now Selling Silver Eagles

American Silver Eagle Tube of 20 1 oz Coins

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.