US Mint American Silver Eagle Coin Sales Increase 19.5% in June to 1.03 Million Ounces

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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 saw sales of only 866,000 troy ounces.

Overall, sales of Silver American Eagle coins have been substantially higher for the first half of this year compared to the same period in 2018. The US Mint has sold 10,022,000 troy ounces during the first six month of 2019. During the same period in 2018 only 6,822,500 troy ounces of Eagles were sold.

The increase in sales of 2019 American Silver Eagle coins this year may be due to investors moving money to safer investments as confidence in traditional investments weakens.



The US Mint sells Silver Eagles to wholesale distributors, referred to as Authorized Purchasers, with each Monster Box containing 500 troy ounces of silver.

Silver Eagle Monster Boxes are popular among investors that want to take advantage of the relatively low price of silver.  The price of gold continues to reach highs not seen in several years.

The Gold to Silver Ratio is near historic highs.

What is a Silver Monster Box?

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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 with each roll neatly encased in a plastic tube.

The tubes are arranged in the monster box casing and typically make up a total of 500 coins, with the rolls stacked vertically side-by-side next to each other to form a symmetric layout of rows. For some coin releases, a smaller monster box containing 250 coins is used.

The lid of the box features a raised seal with the logo of the mint issuing the coins, and an untampered-with box is sealed with tape, also bearing official information from the issuing mint.

Investors looking for the lowest dealer premiums that buy silver in bulk will seek out a Monster Box. When you buy a monster box of silver you will often get the best price.

What is a Silver Monster Box?

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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 tubes at a time. The tubes have a relatively snug fit to reduce movement and vibration during shipping.

Each Silver Monster Box contains 500 troy ounces. Both Government Mints and private manufacturers have adopted the practices of shipping bulk product in quantities of 500 troy ounces in Silver Monster Boxes.

A Silver Monster Box of American Eagle coins is green. Other Governments Mint use different colors to identify their Monster Boxes. Some have different colors and sizes for different series’ of coins.

For example, there are some special series’ of coins from the Perth Mint that are shipped in Monster Boxes that contain only 250 troy ounces of silver coins. Some bullion distributors have adopted the term as a way to offer yet smaller quantities, as little as 100 troy ounces, with the term Mini-Monster Box.