A Monster Box is simply just a plastic container that is for storing and keeping bullion coins secure. The mints use a specially designed plastic box to ship and store coins after they have been minted. The coins inside a monster box remain in their original mint-sealed tubes or rolls. These tubes or rolls are stacked within the monster box, ensuring the coins remain in pristine condition. The lid of the box features a raised seal with the logo of the mint issuing the coins. An untampered-with box is sealed with tape also bearing official information from the issuing mint. Buying coins in monster boxes can sometimes result in lower premiums compared to buying individual coins making a monster box one of the cheapest ways to buy silver coins in bulk.
Monster boxes are used by the US Mint, the Canadian Mint, the Austrian Mint, and the Perth Mint for the secure distribution of their coins to wholesale distributors and dealers. While many other mints around the world produce silver coins, these two North American countries and their Austrian and Australian counterparts issue their coins in 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.
An unsealed box could mean that the dealer may have gone through the box and cherry-picked the most pristine coins to have graded. 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. Monster boxes can be purchased sealed or unsealed. Should an investor decide to sell a monster box, having coins in sealed packaging can make the resale process smoother. Bullion dealers may pay a premium to buy coins in original mint packaging.
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. When investors or collectors decide to sell coins stored in a monster box, they can do so with confidence as there are many buyers who prefer coins in original mint packaging, which helps maintain the coins' premium.
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