Monster Boxes of Government Bullion Contain 500 silver coins per box. Buying silver coins in bulk, a Monster Box is of the cheapest ways to purchase silver government bullion.
Buying a monster box of silver bullion coins is a...
A Monster Box is a plastic container used to simplify the storage and security of bullion coins. The coins are divided into 'rolls' or 'stacks' of coins with each roll neatly encased in a plastic tube.
These 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.
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.
Monster boxes are used by the US Mint, the Canadian Mint, the Austrian Mint, and the Perth Mint to hold large orders of their minted coins.
While many other mints around the world produce silver coins, these two North American countries and their Austrian and Australian counterparts are the only mints that pack their coins into monster boxes. Only authorized bullion dealers have access to monster boxes, which are then re-sold to the public.
In addition to the official bullion coins released from the government mint, special release coins, such as the Koala, are also released from the Perth Mint in Monster Boxes.
There are many advantages to bullion investors who purchase monster boxes in lieu of individual or groups of coins.
Monster boxes can be purchased sealed or unsealed. An unsealed box generally means the contents have been swapped out or removed for other purposes. Unsealed monster boxes tend to be less expensive than their sealed counterparts due to the likelihood that its 500 coins have been fully or partially replaced by coins that were not minted together.
As far as quality and collectors are concerned, a sealed monster box always represents a homogenous group of 500 coins certified under one label. Unsealed boxes can contain coins mixed and matched from another set and therefore demand a lower premium.
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