2024 Uncirculated Morgan and Peace Silver Dollars available from the US Mint

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The United States Mint has announced the availability of the 2024-P Uncirculated Morgan and Peace Silver Dollars. These modern renditions are composed of .999 fine silver and are available for purchase on the US Mint website for $91 each.

The mintage for each coin is limited to just 275,000 pieces. Premiums for previous issues of Morgan and Peace Silver Dollars have risen significantly in recent years.

For example, the 2021 Peace Dollar had an issue price of $85 from the Mint. In today’s market, this coin sells for around $300 from online dealers, while Greysheet puts the value range at $85 to $143. Reputable dealers on eBay are selling graded 2021 Peace Dollar MS70 coins certified by either NGC or PCGS for $350 and up.

The original government packaging encapsulates each coin which is placed in a stylish clamshell with an elegant blue presentation box. The box is stamped with the official United States Mint seal and wrapped with an outer sleeve that incorporates an image of the coin’s obverse. The package includes a certificate of authenticity.

2024 Morgan and Peace Silver Dollars Release Details

Design and Specifications:

  • Material: .999 fine silver
  • Price: $91 each
  • Mintage Limit: 275,000 for each coin
  • Order Limit: 25 coins per household for the first 24 hours
  • Denomination: $1 USD
  • Finish: Uncirculated
  • Silver Weight: 0.859 troy ounces
  • Diameter: 38.1mm (1.5 inches)
  • Edge: Reeded
  • Mint Mark: None – Philadelphia Mint

Obverse and Reverse Designs:

  • Morgan Dollar Obverse: Features Liberty with a cap, flora, and a crown inscribed with “LIBERTY,” and thirteen stars
  • Morgan Dollar Reverse: Depicts an eagle with outstretched wings, arrows, an olive branch, and a wreath
  • Peace Dollar Obverse: Features Liberty wearing a radiant crown
  • Peace Dollar Reverse: Shows an eagle at rest holding an olive branch above the inscription “PEACE”

Proof versions of the Morgan and Peace dollars, along with a two-coin reverse proof set, are scheduled to be issued by the U.S. Mint in the fall.

United States Mint and DC Comics Collaboration

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The United States Mint has announced a first of its kind collaboration with DC Comics to launch a new series of collectible coins and medals celebrating DC comic book art.

The new series will debut during the Summer of 2025 kick off with Superman, Batman, and Wonder Woman. The series will feature three additional DC characters per year in 2026 and 2027.

The public is invited to vote for the DC Super Heroes they would like to see included in the series. Voting will be open from July 10 to August 11, 2024.

This collectible series will include 24-karat gold coins, .999 fine silver medals, in addition to non-precious metal (clad) medals.

To participate in the voting, you can complete the survey found at the bottom of the Comic Art page on the US Mint website. Follow the instructions in the survey and select the characters you would like to see featured in future years.

DC Comics was founded in 1934 as National Allied Publications and is one of the oldest comic book publishers globally. Its rich history and iconic characters make it a natural fit for this collaboration with the Mint.

The United States Mint has a longstanding tradition of issuing commemorative coins and medals that honor American values, icons, and significant historical moments. This new venture continues that tradition by celebrating the cultural impact of comic book art.

Investment Grade Silver Coins

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In a world of ever-changing economic landscapes, investors often seek ways to protect and grow their wealth. One such asset class that has been a cornerstone of wealth preservation for centuries is precious metals, with investment grade silver coins being a popular choice due to affordability and potential for appreciation.

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.

As the purchasing power of fiat currencies erodes, the value of silver can help maintain purchasing power due to its historical role as a hedge against inflation.

For example, the American Silver Eagle was first issued in 1986 when the average silver price was $5.87 per ounce and the average gas price was around 90 cents a gallon. One ounce of silver was roughly the equivalent to 6.5 gallons of gasoline.

By comparison, in 2023 the average silver price was $23.40 per ounce, while the average price of gas was $3.52 per gallon. Which makes one ounce of silver roughly the equivalent of 6.65 gallons of gas.

Unlike stocks, bonds, or cryptocurrencies, investment grade silver coins are physical assets that can be held and stored securely. This tangibility provides a sense of security and control over one’s investments.

While each government mint has its own specifications, bullion investment coins are typically minted with 1 troy ounce of silver of .999 or .9999 fine silver. Though some mints offer coins in both larger and smaller denominations to accommodate the needs of different types of investors.

US Mint American Silver Eagles

The American Silver Eagle is the only investment-grade bullion coin issued by the US Mint. The 1 oz Silver Eagle was introduced as a trusted and reliable store of value of value and wealth in 1986.

Silver Eagles are made of .999 fine silver and carry a legal tender face value of $1. As legal tender, the coins are backed by the U.S. government and are recognized and traded worldwide.

During the 2008 financial crisis and Great Recession, the demand for American Silver Eagle coins surged significantly. In 2008, the U.S. Mint sold 20,583,000 bullion coins, a massive increase from the previous year and nearly doubling the prior record.

This spike in demand was a direct response to the economic uncertainty and the sharp increase in the price of silver at that time. The popularity of these coins among investors as a store of value and a hedge against inflation was evident during this period.

Current year 2024 Silver Eagles are minted based on investor demand and confirmed orders from Authorized Purchasers. Already during the first four months of the year, the US Mint sold more than 10 million American Silver Eagle coins. Some of this can easily be attributed to the availability of American Silver Eagle Tubes at major retailers like Costco, which has helped to increase awareness and demand amongst a larger pool of investors.

Secondary market silver coins can often be a way for investors to find lower premiums. Secondary market Silver Eagles were bought in previous years and have been previous liquidated by selling to a bullion dealer or broker. These coins are then resold by dealers at a reduced premium compared to current year coins.

Royal Canadian Mint Silver Coins

The Canadian Silver Maple Leaf is one of the purest silver coins on the market, with a purity of .9999 fine silver.

The reverse of the coin features the Sugar Maple Leaf design, a national symbol of Canada. The obverse of current coins shows a portrait of King Charles. Secondary market Maple Leaf 1 oz Silver Coins will most often be from previous years that feature one of various portraits of Queen Elizabeth.

The Royal Canadian Mint incorporates several advanced anti-counterfeiting measures in the design of the coin, making it one of the most secure bullion coins in the world. These measures include:

  • Radial Lines: The coin features a unique background of light-refracting radial lines that create a distinctive sparkle, making it difficult to replicate and also makes it appealing from an aesthetic standpoint.
  • Micro-Engraved Maple Leaf: A micro-engraved textured maple leaf, which is visible under magnification, is added to the coin. This feature is also used to mark the coin’s year of issue.
  • Bullion DNA Technology: The Royal Canadian Mint employs its proprietary Bullion DNA anti-counterfeiting technology, which involves laser micro-engraving a small maple leaf on the coin’s surface. Each mark contains an encrypted code unique to each coin, which can be authenticated through a secure database.
  • MINTSHIELD™ Surface Protection: This technology reduces the occurrence of white spot discoloration on the coin’s surface, ensuring the coin retains its visual appeal over time.
  • Serrated Edges: The coin features serrated edges, which not only enhance its aesthetic appeal but also make it harder to counterfeit.

Silver Maple Leaf coins are available only in a 1 troy ounce denomination. These coins are highly liquid and widely traded in the secondary market like other bullion investment coins. Secondary market Maple Leafs can have coins from previous years, including those that may have been issued prior to the RCM solving the milk spot issues. However, these coins are often available at a even deeper discount from those looking for the lowest dollar-cost average.

Austrian Mint Philharmonic Silver Coins

Austrian Silver Philharmonic coins are an excellent, lower premium alternative to American Silver Eagles. They are minted with a purity of .999 fine silver, making them a high-quality option.

One significant aspect of the Philharmonic Silver coins is their lower premium over spot price compared to some other bullion coins. This makes them a more cost-effective choice for those looking to invest in physical silver.

Despite this lower premium, the coins are still widely recognized in the global market, especially in European markets, due to their association with the renowned Vienna Philharmonic Orchestra and the Austrian Mint’s reputation for quality.

The coins celebrate the rich cultural heritage of Austria, featuring the Vienna Philharmonic Orchestra on the coin’s obverse and the Great Organ of the Golden Hall in Vienna’s Musikverein on the reverse.

Britannia Silver Coins from The Royal Mint

The Silver Britannia coin is minted with .999 fine silver by the Royal Mint, which is known for its high-quality standards and tightly controlled production protocols.

The Britannia Silver coin has a highly detailed design that showcases Britannia, the female personification of Britain, holding a trident and shield on the reverse.

For the 2024 Britannia Silver Coin, the obverse features a portrait of His Majesty, King Charles III. While many secondary market Britannias will be from previous years featuring a portrait of Queen Elizabeth II.

The Royal Mint incorporates several advanced anti-counterfeiting measures into each coin. These include a latent image on the coin’s surface that changes from a padlock to a trident when viewed from different angles. Additionally, the coin features micro-engraved details and a textured background that is difficult to replicate, ensuring its authenticity and integrity.

The Britannia 1 oz Silver Coin is often available at a lower price than other investment coins, making it a top choice for investors looking for the best priced silver coin.

South African Mint Krugerrands

The Krugerrand Silver Coin features the same iconic design as the gold Krugerrand, but is minted with .999 fine silver. The obverse showcases a portrait of Paul Kruger, the first president of the South African Republic, while the reverse depicts the national animal of South Africa, the springbok, against a backdrop of the country’s landscape. This design has been widely recognized and appreciated since the introduction of the gold Krugerrand in 1967.

Perth Mint Silver Coins

The Kangaroo 1 oz silver coin is a bullion coin produced by the Perth Mint in Australia. Since 2016, it has been produced annually with unlimited mintages as legal tender under the Australian Currency Act of 1965. The coin is struck from .9999 fine silver, making it a highly pure silver investment option.

The design of the coin features a bounding red kangaroo surrounded by rays of sunlight, symbolizing Australia’s vast natural beauty. The reverse of the coin also includes the inscription “AUSTRALIAN KANGAROO”, which also contains a micro-laser engraved letter. This security feature allows for easy authentication of the coin’s genuine nature. Also incorporated into the reverse design are the Perth Mint’s “P” mintmark, the year of issue, and the weight and purity of the coin.

Apart from the Kangaroo 1 oz silver coin, the Perth Mint offers several other investment-grade silver coins. These include:

  • Australian Lunar Series: The Perth Mint’s Lunar Series is one of its most popular offerings. Each year features a different animal from the Chinese zodiac, with 2024 showcasing the Year of the Dragon. The coins are available in various sizes, including 1 kg, 10 oz, 5 oz, 2 oz, 1 oz, and even smaller fractional sizes.
  • Koala Silver Coins: Introduced in 2007, the Australian Koala silver coins are another popular series from the Perth Mint. Like the Lunar Series, Koala coins are available in multiple sizes, with the 1 oz version being the most common. The mintage is limited with each year featuring a new design, adding to their collectibility.
  • Kookaburra Silver Coins: The Kookaburra series started in 1990 and features the iconic Australian bird. Similar to the other series, the Kookaburra coins are available in various sizes, with the 1 oz version being the most popular. Each year showcases a new design, making the series appealing to collectors.

How do the prices of Costco Silver and Gold Coins Compare to Online Bullion Dealers?

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In a move that caters to the growing interest among consumers, 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. These offerings are tailored to both seasoned investors and those new to precious metals, providing competitive pricing that aligns with Costco’s commitment to value.

Costco is able to leverage its membership model to offer competitive pricing on precious metals, while providing members with Cash Back rewards that can be accrued alongside credit card rewards. This combination is helping to undercut traditional coin dealers or precious metals retailers.

The coin offerings have included both gold and silver coins from the US Mint and the Royal Canadian Mint. This move by Costco follows a broader trend that reflects a mainstream acceptance and interest in precious metals as both an investment and long term store of value.

US Mint

The US Mint began minting bullion coins for investors in 1986 after the passage of the Liberty Coin Act. Along with the Gold Bullion Coin Act of 1985, these two laws require the U.S. Mint to produce and sell the American Gold Eagle and the American Silver Eagle in both bullion and proof finishes in sufficient quantities to meet demand from investors and collectors.

The coins are issued as a vehicle to provide consumers with a trusted tangible asset. At the time of the introduction, the economy was in recovery from a recession that was triggered by increases in oil prices by OPEC starting around 1979 and dragged on until 1982. In the first two years of minting, more than 16,835,340 Silver Eagle coins were sold.

US Mint Gold Coins

The most popular gold coins from the U.S. Mint are the American Gold Eagle and the American Gold Buffalo. These coins are significant to investors for their gold content, legal tender status, historical and aesthetic appeal. Both coins are backed by the U.S. government, ensuring their gold content and purity.

They are both highly recognized and traded worldwide, providing liquidity to investors looking for a tangible asset.

2024 1 oz American Buffalo Gold Coin

The American Gold Buffalo was first issued in 2006 as the U.S. Mint’s answer to pure gold bullion coins like the Canadian Gold Maple Leaf. It is the first 24-karat gold coin from the U.S. Mint.

It features the classic design of the Indian Head nickel or Buffalo nickel, with an image of a Native American on the obverse and an American buffalo on the reverse, both designed by James Earle Fraser.

The Gold Buffalo is 99.99% gold (24 karats), and has a face value of $50 and is also recognized as U.S. legal tender.

One of the most recent times that the Gold Buffalo was in stock, it was priced at $2099.99. At the time, the gold spot price was trading around $2049, indicating only a $50 markup or roughly 2.5% dealer premium. Normal dealer premiums typically range from around 4% to 10% above the spot gold price. While the Costco price beats out the national bullion dealers, the gold coins have typically sold out within an hour or two as experienced investors pounce on these deals.

Costco Product Page: Item #1799474


2024 1 oz American Gold Eagle Coin

Introduced in 1986, the American Gold Eagle is available from bullion dealers in four sizes: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. However, only the 1 oz Gold Eagle is available from Costco, making this offer limited to investors with a larger budget.

The US Mint provides investors with fractional gold coins that allow for investors having more modest budgets to invest in a long-term store of value and wealth. This variety allows investors to choose based on their budget and investment strategy.

Costco offered the 1 oz Gold Eagle in late February with a price of $2,089.99 with each member limited to just two coins. That day, the spot gold price closed at $2,036.00 per ounce, a dealer premium of $53.99 per ounce or slightly higher than 2.5%.

Typical dealer premiums on current year gold eagles range from as low as 3.5% to around 8%. When Costco Gold Eagles are available for purchase, they are typically sold out within an hour or two. The addition of the Membership Rewards for their Executive Members offers an additional 2% cash back that can later be used on future Costco purchases, including precious metals.

Costco Product Page: Item #1804545


US Mint American Eagle Silver Coins

2024 1 oz American Silver Eagle Tube of 20 Coins

The American Silver Eagle is a one-ounce silver bullion coin issued annually by the United States Mint since 1986. A standard mint tube of Silver Eagle coins usually contains 20 coins. Each coin is one troy ounce of .999 fine silver. The coins are packed tightly in a tube to prevent movement and reduce the risk of scratching or damage during shipping.

Tubes of Silver Eagle coins are made available for sale periodically. The availability of Silver Eagle coins from Costco is limited and the pricing is typically similar to other online bullion dealers. It’s important to compare prices of Tubes of Silver Eagle Coins before making a purchase.

Costco Product Page: Item #1789494

2023 1 oz American Silver Eagle Tube of 20 Coins

Costco Product Page: Item #1799373


Royal Canadian Mint

Founded in 1908, the Royal Canadian Mint has established a global reputation for its innovative coin designs, high-quality craftsmanship, and advanced security features

The RCM is a prestigious institution, producing high-quality, pure gold and silver coins, with the Canadian Gold and Silver Maple Leafs being their flagship products. These coins are widely recognized in international markets and are considered to be a highly liquid investment.

Canadian Maple Leaf Silver Coins

2024 1 oz Canadian Maple Leaf Silver Coin Tube of 25 Coins

Maple Leaf silver coins are our Northern neighbors’ equivalent to the Silver Eagle and are suitable as an investment or store of value. The key advantages that Maple Leaf silver coins have over the Silver Eagle are:

  • .9999 Purity – The Silver Maple Leaf boasts a .9999 fine silver purity. While some investors prefer the four-nines purity, the extra nine does not add any extra value in today’s market.
  • Design and Recognition – The 2024 issue carries the King Charles’ profile on the obverse, while the iconic sugar maple leaf design is featured on the reverse. This classic reverse design has been minted annually since 1988 and is recognized and respected worldwide, ensuring the coin’s liquidity and marketability.
  • Anti-Counterfeiting and Security Measures – The Royal Canadian Mint began incorporating advanced security measures into the design of the coins in 2014, providing visual ways for investors to distinguish between fake and genuine coins.

The Maple Leaf coins were in stock on Costco’s website for a few hours recently at the price of $609.99. That puts each coin in a tube of 25 at around 24.40, with the spot price of silver that day closing at $22.08 per ounce. Typical dealer premiums are slightly higher at around $2.50 per coin.

Costco Product Page: Item #1814000

Canadian Maple Leaf 1 oz Gold Coins

The Maple Leaf 1 oz Gold Coin is the flagship bullion investment coin from the Royal Canadian Mint. It has been a mainstay with global investors since 1979. Its .9999 fine gold content makes it one of the purest investment grade gold coins available, which can be important for some investors.

Costco’s first offering of Maple Leaf gold coins including the Queen Elizabeth Memorial obverse design from last year.

A few weeks ago, the current year issue featuring the official portrait of King Charles was made available at the price of $2,219. On the same day gold spot price closed at $2,161.71 per ounce, a premium of $57.29, which is slightly higher than the lowest available price from national bullion dealers. The average premium for the Costco sale had some investors buying, with availability lasting around 17 hours.

Although the 1 oz coin is the standard, the Maple Leaf series is available in various sizes (1 gram, 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz) from a variety of trusted and reputable online bullion dealers, offering flexibility for different investment budgets and strategies.

2024 1 oz Canada Maple Leaf Gold Coin (King Charles Design)

Costco Product Page: Item #1814006


Costco’s expansion into the precious metals market by adding more coins and bars to its lineup demonstrates the company’s response to increased consumer demand for tangible investments as a store of value and wealth. This expansion not only broadens the investment options for Costco members but also signifies the growing trend of retail investment in precious metals.

Moreover, Costco’s foray into precious metals is complemented by its robust online platform and in-store services, ensuring secure and convenient purchases. With this expansion, Costco aims to solidify its position in the precious metals market, among industry veterans like APMEX, JM Bullion, Bullion Exchanges and SD Bullion, offering an accessible path for its members to invest in physical gold, silver, platinum, and palladium.

Precious metals coins are government backed with a guarantee for their purity and weight. They are purposely minted as a long term store of value and wealth that have historically been an effective hedge against inflation and currency devaluation.

Greatest Generation Coins Available for Preorder from the US Mint

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The United States Mint Commemorative Coin Program issues coins that celebrate and honor American people, places, events, and institutions. These coins are legal tender but are not intended for general circulation; instead, they are crafted to collector-grade quality and are often purchased by collectors and investors.

The program aims to raise public awareness about significant aspects of American heritage and history, with a portion of the proceeds from the sales of these coins typically going towards funding related projects, organizations, or memorials.

The Greatest Generation commemorative coin program honors the service and sacrifice of American soldiers and civilians during World War II, as outlined in the Greatest Generation Commemorative Coin Act. The coins are available in gold, silver and clad.

The available coins include:

  • Proof $5 Gold Coin (24CA)
  • Uncirculated Five-Dollar Gold Coin (24CB)
  • Proof Silver Dollar Coin (24CC)
  • Uncirculated Silver Dollar Coin (24CD)
  • Proof Half Dollar Coin (24CE)
  • Uncirculated Half Dollar Coin (24CF)
  • Three Coin Proof Set (24CG)

The Director of the Mint, the Honorable Ventris C. Gibson, signed 250 Certificates of Authenticity (COAs) for the 2024 Greatest Generation Three-Coin Proof Set (24CG).

These personally signed COAs will be randomly inserted into unmarked sets and will be fulfilled when shipping begins.

“The Greatest Generation Commemorative Coins serve as a heartfelt tribute to our World War II heroes and commemorate the 20th anniversary of the dedication of the remarkable World War II Memorial. We urge all Americans to obtain a coin in memory or honor of a loved one who served in this historic conflict,” said Jane Droppa, Chair, Friends of the National World War II Memorial. “We aspire to see these coins become a meaningful medium for individuals to share the extraordinary stories of those who played a pivotal role in bringing freedom to millions worldwide during the deadliest conflict in human history.”

Initiated in 1982, the modern commemorative coin program has produced coins that honor and celebrate a wide range of subjects, from historical figures like George Washington to significant events like the moon landing and institutions such as the Smithsonian.

Some investors buy commemorative coins for their precious metal content and potential for appreciation. Gold and silver commemoratives make unique gifts for special occasions and can be attractive as tangible assets.

U.S. Mint Commemorative Coins are available directly from the Mint through pre-order. More details can be found at the US Mint website.

    Anti-counterfeiting edge notch on US Mint Gold and Silver Eagles

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    With the introduction of the Type 2 designs in 2021, the US Mint added several anti-counterfeiting measures to the 1 oz coins that include both “overt” and “covert” features that available in the Type 1 coins.

    The most obvious overt feature that investors notice is the notch in the edge of the American Eagle Gold and Silver coins. In appearance, it looks as if one of the reeds was knocked off. The notches also appear also on the redesigned gold and silver American Eagles with Uncirculated (Burnished) and Proof finishes. This is one of the a“overt” security features added by the mint. Additionally, the mint has included “covert” anti-counterfeiting measures as well.

    The feature has yet to be implemented for the smaller denomination fractional American Gold Eagles. For now, these notches are on only the 1 oz coins.

    Silver Eagle Edge Notch

    On the 2021 issue, when looking at the obverse of the coin, the notch appears to disrupt the reeding around the edge at roughly at the 6 o’clock position. Each year they move it to a new location on the edge.

    The notch was moved to a different position for the 2022 issue, with the location at approximately the 7 o’clock position.

    The anti-counterfeiting notch was added as a deterrent to thwart Chinese counterfeiters from forging fakes of these best selling bullion coins.

    Mint officials are not disclosing the coins’ new covert feature or features.

    In a statement release by Todd Martin, deputy director for the Mint’s Office of Corporate Communications, “The United States Mint has invested in developing a state of the art Anti-Counterfeiting laboratory in Philadelphia,” Martin said. “The lab will use improved testing and authentication methods to determine the genuineness of coins returned via the presently suspended Mutilated Coin Redemption Program — which accepts bent and partial coins from individuals and businesses. The lab currently processes worn coins returned by the Federal Reserve (uncurrent coins).”

    For 2024, the 1 oz Silver and 1 oz Gold American Eagle coins, the notch is at the 9 o’clock position in relation to the obverse. The edge notches are not included on fractional versions of the American Eagle gold bullion coins, nor fractional Uncirculated or Proof versions.

    Costco Now Selling Silver Eagles

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    American Silver Eagle Tube of 20 1 oz Coins

    In a move blending bulk shopping with precious metals, in recent months Costco began offering 1 oz gold bars from PAMP Suisse and Rand Refinery that members could buy via flash sales on the company’s website. This surprising addition to Costco’s diverse product line has sparked a variety of reactions from shoppers and investors alike.

    Earlier this week, various reports began to emerge online that the Member’s Only retailer has increased its product offerings in the precious metals space to include tubes of American Silver Eagle coins.

    There were many posts in online forums and on social media with screenshots showing user purchases. Some lucky members were able to receive fast fulfillment and shipping that orders began arriving today.

    In various mail call reports in the r/Silverbugs forum on Reddit, buyers reported receiving shipments of American Silver Eagle Coin tubes of 20 coins that were from the current 2023 mintage year.

    The introduction of precious metals at Costco has certainly turned heads, with many expressing excitement over the convenience of adding investment-grade silver and gold to their shopping lists, alongside packs of toilet paper and other household items.

    The tubes were available made available for purchase on December 20 with a member’s only price of $549.99 and sold out in minutes. The spot silver price was $24.51 that day, which calculates to a premium of $2.99 per coin. This is significant lower than the average Silver Eagle premium from specialty bullion dealers lately, which has been on the low end, around $4.25 per coin.

    While Costco sells precious metals only to their members, having an Executive Membership offers an automatic 2% cash back on club purchases. This cash back rebate offsets the cost per ounce by another 50 cents. Using a rewards credit card can offset any premiums further, with many credit card offers available that include an additional 1 to 2%.

    Although Costco’s Executive Membership costs $120 a year, there are already more than 32 million people enrolled in the program.

    Silver Eagles Product Page at Costco.com

    The American Silver Eagle coin remains the most popular choice among investors, collectors and preppers. It is one of the most widely recognized silver bullion coins in the world due to its beautiful design, silver purity and outstanding reputation of the US Mint. The tube packaging makes it convenient for bulk purchases.

    Costco’s decision to sell precious metals has been seen as a strategy to tap into niche markets and bring more exposure of precious metals as store of value and wealth to a diverse customer base. While the 1 oz gold bars offer a compact and high-value investment, appealing to those looking to diversify their assets.

    Costco’s venture into selling American Silver Eagles and gold bars could potentially set a new trend in retail, blurring the lines between everyday shopping and investment buying providing a way for many new investors to gain a better understanding of investment-grade silver.

    While reactions are mixed, this move undoubtedly positions Costco as a pioneer in integrating investment options into a traditional retail environment. Whether this will resonate with the majority of its membership base remains to be seen, but for now, it has certainly sparked a lively conversation among shoppers and investors.

    The coins are made available for sale online at random. When they are available, they are limited to 2 per member and they sell out typically within an hour.

    References:

    US Government Debt now over $33.88 Trillion, USDebtClock.org

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    Earlier this year, the US Government hit a new milestone. The amount of government debt in the United States has grown to exceed $33.88 Trillion as a result of overspending by elected officials. The growing U.S. government debt is a complex issue with significant implications for American citizens and taxpayers.

    This is a significant issue effecting all American taxpayers, whether they realize it or not.

    A higher national debt leads to higher taxes in the future. As the government needs to bring in more revenue to service its debt. This leads directly to increasing taxes, pushing the financial burden on citizens and businesses.

    A significant portion of the government’s budget goes towards interest payments on the debt. These payments consume resources that could otherwise be used for public services, infrastructure, education, or healthcare.

    To manage high levels of debt, the government has resorted to printing more money in recent years, which has directly caused the inflation that we feel today. Inflation diminishes our purchasing power, causing dramatic increase in everyday living costs.

    High debt levels also hamper economic growth. Increased government borrowing leads to higher interest rates, making it more expensive for consumers and businesses to borrow and invest, potentially slowing down economic activities.

    US Debt Clock

    As more of the government’s budget is allocated to servicing the debt, there is less money available for other spending priorities like social security, welfare programs, infrastructure, and education.

    A heavily indebted nation finds its global economic and political influence quickly diminishing. This has been happening throughout the world, as many nations join the BRICS initiative, moving towards a universal gold-backed currency and away from the dollar for international trade and oil. The US is likely to face additional constraints for defense funding, compromising national security measures.

    Escalating debt also affects investor confidence. Many already see the debt as unsustainable, which has led to increased yields on government bonds, further exacerbating the debt problem.

    Despite all the efforts to stimulate the economy during the last few years, the financial stability of the country has been on a downward trajectory, according to leading economists. High debt levels make the country more vulnerable to financial crises and recession. The Federal Reserve continues the struggle to reach the goal of sub-2% inflation target, while repeatedly raising interested rates to levels not seen in decades. The government’s ability to stimulate the economy through additional spending is limited if it’s already heavily indebted.

    Younger generations today are already limited in their ability to buy a house, caused by a combination of the housing bubble and high interest rates. Future generations will shoulder the additional burden with the responsibility of paying off the debt incurred today.

    A significant portion of U.S. debt is held by foreign entities. This dependence creates complex international dynamics and potential vulnerabilities, particularly as geopolitical relationships shift.

    America the Beautiful Proof 90% Silver Quarters and 5 oz Silver Coins

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    American The Beautiful Proof 90% Silver Quarter coins

    The America the Beautiful series, an ambitious project by the US Mint, was conceived as a continuation of the popular state quarters program that was launched in 2010. Each year, five new designs were released, featuring national parks, forests, and historical sites from each state, territory, and the District of Columbia. The complete series included 56 quarters by its conclusion in 2021, offering a numismatic journey through the country’s most cherished and significant locations.

    The coin designs featuring a variety of locations that were chosen for their cultural, historical, and natural significance, making each release a snapshot of American heritage. This series not only appeals to collectors but also educates the public about the nation’s diverse landscapes and storied past.

    The 90% silver proof quarters offer a blend of traditional coinage and collectible appeal, while the 5 oz silver bullion coins provide a substantial and striking option for collectors and investors alike.

    American The Beautiful Proof 90% Silver Quarter coins

    The proof versions of the America the Beautiful quarters are particularly sought after. Struck in 90% silver, these quarters harken back to the era when silver was a standard in everyday coinage. The proof coins are distinguished by their sharp, detailed designs and mirror-like finish, making them a standout in any collection.

    These silver quarters are often considered the best value for buying ‘junk silver’ – a term used for older US coins with silver content. Unlike regular circulated coins, these proof quarters come in superior quality and have never been used in transactions, preserving not only their condition and aesthetic appeal, but also their full intrinsic value. The intrinsic value of their silver content, combined with their numismatic appeal, makes them an excellent choice for both collectors and investors seeking silver with historical and collectible significance. Each 90% Silver Proof Quarter is minted with 6.25 grams of pure silver.

    The Allure of American The Beautiful 5 oz Silver Bullion Coins

    Reverse of a 2011 ATB Glacier Montana 5 oz Silver Coin from the US Mint

    The 5 oz silver bullion coins in the America the Beautiful series are a numismatist’s delight. These coins are unique not only for their large size but also for their detailed and artistic renderings of America’s natural and historical sites. Each coin contains five troy ounces of .999 fine silver, making them substantial in both weight and value.

    Their large size allows for more intricate and prominent designs, showcasing the artistry and craftsmanship of the US Mint.

    These coins are also available in both a highly collectible limited mintage proof variant, as well as a bullion version that was offered based on sales demand from investors. Some of these 5 oz silver bullion coins saw extremely high mintage levels during some years. While others saw very little demand, particularly during the early years of the series.

    Additionally, their hefty silver content makes them an excellent store of value and a solid addition to any stack or investment portfolio. Oftentimes, these coins end up being sold back to local coin stores and bullion dealers, who often resell them in the secondary market rather than being melted down by a refiner. These secondary market America the Beautiful 5 oz Silver coins are often the cheapest way to acquire these coins at the best price. These will often contain a random selection of coins that were available throughout various years and are a great way to buy US Mint 5 oz silver coins.

    2024 American Eagle Coins Available for Presale

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    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 for future delivery. This is a way to lock in your price based on the current spot price.

    2024 American Eagle Gold Coins

    The American Gold Eagle is an official gold bullion coin of the United States, first issued by the U.S. Mint in 1986. These coins are highly regarded as investment-grade bullion coins and as a trusted store of value and wealth.

    The 2024 American Gold Eagle coins are available in four distinct sizes, catering to different investment budgets and needs:

    Each size carries a face value proportional to its weight, but their market value is primarily based on their gold content.

    American Gold Eagles are made from 22-karat gold. Each coin is guaranteed by the U.S. Mint for weight and purity, ensuring they contain the stated amount of pure gold. The coins are backed by the U.S. government for their gold content, weight, and purity. This backing enhances their credibility and trustworthiness.

    During economic downturns or recessions, investors often turn to gold as a safe haven asset. Gold Eagles provide a tangible asset that can hold its value in such times. Gold has historically maintained its value over time. It tends to perform well during periods of economic uncertainty, making Gold Eagles a stable store of wealth.

    2024 American Eagle Silver Coins

    The American Silver Eagle Coins offer a combination of government-backed purity and weight, liquidity, and the inherent benefits of silver as a precious metal. They can serve as a component of a long-term store of value as part of an investment strategy, especially in times of economic uncertainty, due to their potential to hedge against inflation and economic downturns.

    As the official silver bullion coin of the United States, the 2024 American Silver Eagle is a popular choice among investors and collectors for its beauty, purity, and government backing. The American Silver Eagle is traditionally available in only one size: 1 troy ounce (approximately 31.10 grams) of .999 fine silver.

    American Silver Eagles are highly liquid and recognized worldwide and can be easily bought, sold, or traded in most coin and bullion markets. Silver, like gold, is often seen as a hedge against inflation. In times when the purchasing power of fiat currencies declines, silver can maintain or increase its value.

    Investment Coins from the US Mint

    The U.S. Mint offers a variety of investment coin programs that feature gold, silver, and platinum coins, allowing investors and collectors to choose products that align with their investment goals and interests.

    Traditionally, precious metal investment coins are seen as a hedge against inflation and economic uncertainty. The U.S. Mint provides investment coins as a way to protect against currency devaluation and economic fluctuations.

    American Eagle investment coins are recognized and revered globally, making them an incredibly liquid asset. Whether you’re looking to secure a solid investment or add to your collection, these coins offer flexibility and ease in buying and selling.

    Investment coins from the U.S. Mint, especially the American Eagles, are recognized and traded globally. This wide recognition ensures liquidity, making it easy to buy, sell, or trade these coins.

    These precious metal coins are a time-tested hedge against inflation, offering a safe haven in turbulent economic times. Each coin reflects the nation’s rich heritage and values, making them a proud addition to any collection.

    Investment coins from the U.S. Mint offer a combination of government-backed authenticity, high quality, liquidity, and potential for both financial and numismatic appreciation, making them a popular choice among both investors and collectors.