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.
It has been a fairly lackluster year of Silver Eagle sales for the US Mint. However, in June, sales began to bounce back to higher volumes. Distributors and Authorized Purchasers purchased over 1 million troy ounces of silver eagles from the US Mint in June. These sales numbers are up nearly 20% from May which … Read moreUS Mint American Silver Eagle Coin Sales Increase 19.5% in June to 1.03 Million Ounces
A Monster Box is a plastic container used to simplify the storage and security of bullion coins. Monster boxes are used by the US Mint, the Canadian Mint, the Austrian Mint, the Perth Mint and private mints to hold large orders of their minted coins, rounds and bars. The coins are divided into ‘rolls’ or ‘stacks’ of coins … Read moreWhat is a Silver Monster Box?
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?