Silver Eagles are the official United States silver bullion coin. The series began in 1986 and continues in 2014. Throughout the years the coins have maintained their popularity among collectors and investors. The silver bullion coins are not sold by the mint, but offered to the public through direct distributors. The silver bullion coins are originally packaged in tubes of 20 coins which are housed in green case of 500 coins. These tubes are commonly called "rolls" and the green case they are housed in is nicknamed a "monster box".
For new investors, Silver Eagles represent a great way to invest in silver. The easily recognizable US coins are extremely easy to buy and sell as they are recognized by any reputable dealer. They also simplify the buying process since they consist of one pure ounce of silver which is how the spot silver price is displayed. Although premiums for coins can be a bit higher than silver bars, they also carry a better resale value when it comes time to sell. This, coupled with the fact that they are acceptable in a precious metals IRA account make silver eagles an obvious choice for investors. For answers to any questions regarding Investing in Silver Eagles, give us a call at 1-800-735-1311