Silver Eagle Sales Down Year over Year in January
Slowing demand likely caused by excessive premiums resulting from last year’s supply chain and production problems
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:
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Assess Personal Financial Goals: Determine how silver fits into their overall investment strategy.
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Stay Informed: Keep abreast of economic indicators, market trends, and global events that influence precious metals.
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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.
Cheaper Alternatives to Silver Eagles
Smart, lower silver premium alternatives to help lower dollar-cost average
Modern History of Silver Coins in the US Economy
Precious metals coins have been found by archaeologists and historians that date back thousands of years. Historians and archaeologists from around the world have unearthed precious metal coins from cultures that vanished long ago. Many notable examples from China, India, Ancient Greece and Egypt are on display in museums. Silver, Gold and other precious metals … Read moreModern History of Silver Coins in the US Economy
A-Mark/JM Bullion acquires BGASC
On August 30, A-Mark announced that their JM Bullion subsidiary had entered into an agreement to buy online bullion dealer BGASC for $4.5 million in cash. BGASC was founded in 2012 in California and has reported more than 70,000 customers and $200 million in annual revenue. BGASC is an abbreviation for Buy Silver and Gold … Read moreA-Mark/JM Bullion acquires BGASC
US Mint Clarifies Statement Regarding Global Silver Shortage
The US Mint released a statement confirming a global shortage of silver after the website outages during the pre-sale of the 2021 Morgan Dollar commemorative coins. “The global silver shortage has driven demand for many of our bullion and numismatic products to record heights. This level of demand is felt most acutely by the Mint … Read moreUS Mint Clarifies Statement Regarding Global Silver Shortage
American Silver Eagle Mintage History
The American Silver Eagle Coin was created by the US Mint in 1986 to encourage the private ownership of precious metals. Learn more about American Silver Eagle coin mintage totals from 1986 to present day.
2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary
End of World War II 75th Anniversary American Eagle Silver Proof Coin The most anticipated coin release in recent time was last years’ 2019-S Reverse Proof American Silver Eagle coin. With only 30,000 coins minted, the coin was sold out in minutes from the US Mint website. Many of those that were lucky enough to … Read more2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary
US Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins
The Unveiling of the New American Eagle Coin Designs New reverse designs for both the American Silver Eagle and the American Gold Eagle coins have just been unveiled by the United States Mint. These exciting new designs will be featured on collectible and bullion coins in 2021. The reverse or tails designs will be available … Read moreUS Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins
1986 American Silver Eagle Values, Bullion, Proof, and Graded Coins
The 1986 American Silver Eagle marked the historic launch of the United States Mint’s American Eagle Bullion Program. Introduced alongside the American Gold Eagle, the Silver Eagle quickly became one of the world’s most recognized and trusted silver bullion coins. Inaugural Year Highlights The coin was released late in 1986 and available for just two … Read more1986 American Silver Eagle Values, Bullion, Proof, and Graded Coins
Various Dealers Offering Huge Buybacks for Enhanced Reverse Proof 2019 Silver Eagles
The US Mint is releasing a new, limited edition Enhanced Reverse Proof 2019 American Silver Eagle coin at 12:00 noon on November 14, 2019. The offering price for this coin from the US Mint is just $65.95 plus shipping. The mintage of this coin is limited to just 30,000 coins. It is the lowest American Silver … Read moreVarious Dealers Offering Huge Buybacks for Enhanced Reverse Proof 2019 Silver Eagles