How much should you pay for Silver Eagles?
The current ask purchase prices for a one ounce Silver American Eagle is: $28. The best reference for today's up to date prices for American Silver Eagle Coins is above.
Sell to Us Price: $26.99 each.
The U.S. Mint is the only producer of the Silver American Eagles so when the demand increases as it has lately, they have a hard time keeping up with production and distribution, thus causing premium increases.
| Quantity | Check/Wire | Crypto |
|---|---|---|
| 1 - 19 | $33.20 | $33.55 |
| 20 - 99 | $32.70 | $33.04 |
| 100 - 499 | $32.20 | $32.54 |
| 500 - 1499 | $31.70 | $32.03 |
In fact, this is the goal for all prospective and engaged collectors and investors. The Dean of Wall St., Benjamin Graham, even went as far as recommending you buy [securities] at least 30% below their intrinsic value. Ideally, therefore, you can buy silver under spot prices and sell it at least at spot.
If you want to find the cheapest place to buy silver online, look no further than Gainesville Coins! Bottom Line: Expect to pay about 5% to 8% above spot price for bullion bars, and about 12% to 20% over spot for bullion coins.
Right now, the silver spot is around $15.45, and the average price for a 1-ounce Silver American Eagles ranges from $17-$18 U.S. dollars. Mint wholesalers typically charge anywhere from $2-$2.50 per ounce when selling to dealers.
The 1994 and 1996 silver eagles are the most valuable and popular of the silver eagles, but don't overlook the 1997 and 1995 silver eagles, which have the third- and fourth-lowest production levels, respectively.
Absolutely! Silver Eagles are popular, have liquidity, and hold additional value to collectors. They're always in demand due to their silver content and purity, as well as their value as U.S. legal tender.
Yes, you can buy American Silver Eagle coins at a bank. The U.S. Mint indicates that it sells Silver Eagles to authorized purchasers.
Why are silver coins so much over spot?
The additional price for acquiring fine investment-grade silver bullion products is due to the costs associated with mining, refining, manufacturing, minting, marketing, hedging, and warehousing the particular silver bullion products on sale for you to buy.
As of 2020, the average American Silver Eagle coin is worth $30. This is slightly more than the melt value of the coin. The silver in the American Eagle is worth approximately $24.
Absolutely! Silver Eagles are popular, have liquidity, and hold additional value to collectors. They're always in demand due to their silver content and purity, as well as their value as U.S. legal tender. If you still need more information on investing, check out our Silver Eagle guide.
As of 2020, the average American Silver Eagle coin is worth $30. This is slightly more than the melt value of the coin. The silver in the American Eagle is worth approximately $24. That said, many varieties are prized by collectors.
As one of the most popular silver coins ever minted, it is widely recognized and valued for its beauty, quality and credibility. For those collectors and investors hoping to take their collection to the next level, acquiring graded American Silver Eagles are a great way to boost overall value.
The 1994 and 1996 silver eagles are the most valuable and popular of the silver eagles, but don't overlook the 1997 and 1995 silver eagles, which have the third- and fourth-lowest production levels, respectively.
