Buying monster boxes can be a practical choice for investors who prefer to buy in bulk and are serious about silver exposure. They provide a bulk alternative to purchasing bullion coins one at a time, often resulting in a lower overall premium cost, making them one of the best allocations for investors who prefer mint fresh BU coins.
The US Mint ships bullion coins, including American Silver Eagle coins in bulk to authorized wholesale distributor in special packaging called a Silver Monster Box. After minting, the US Mint packages bullion coins in plastic tubes. Each standard tube holds twenty 1 oz coins. The tubes are then fitted into the Silver Monster Box 25 … Read moreWhat is a Silver Monster Box?
According to sales data released by the U.S. Mint this week, sales of both American Silver Eagle (ASE) and American Gold Eagle (AGE) coins were down in 2018. According to sales data, the U.S. Mint sold 245,500 ounces of Gold Eagle bullion coins during 2018. This was down from 302,500 ounces in 2017 and 985,000 in 2016. Silver … Read moreSales of American Eagle gold and silver coins drop to 11 year low