American Silver Eagle coins are the official silver bullion coin of the United States. First minted in 1986, Silver Eagles remain one of the world’s most popular silver coins for investors and collectors. If you want to add these iconic coins to your portfolio or collection, here is how you can find the best pricing.
What Are American Silver Eagles?
Minted by the U.S. Mint, Silver Eagle coins contain one troy ounce of 99.9% pure silver. The design depicts Walking Liberty on the obverse and an eagle on the reverse. While carrying a $1 USD face value, their worth is tied directly to the spot price of silver.
Silver Eagles are investment-grade silver bullion coins with proven purity, weight, and metal content. Their sovereign backing and liquidity make them highly sought after.
Finding the Cheapest Silver Eagle Deals
With demand for Silver Eagles consistently strong amongst bullion buyers, finding coins at the lowest possible premium over silver spot pricing is key. This means checking various seller listings and comparing prices to find the best deals.
Be sure to price shop with:
Local Coin Stores
Brick and mortar shops may have unique in-store only specials and can give cash/check discounts. However, their regular asking price tends to be higher than large online retailers.
National Bullion Dealers
Big online sellers often price Silver Eagles very competitively thanks to high sales volumes and bulk inventory purchases from the U.S. Mint.
Auction Marketplaces
Monitoring auction sites can reveal deals when buyers win sales below normal pricing or during temporary price dips.
Brokers and Wholesalers
Companies that source direct wholesale supply can sometimes offer clients discounted pricing not available to standard retailers.
Watch for Price Fluctuations
In addition to seller comparison, investors have to account for the changing spot price of silver and buy when it dips lower. Acting fast allows purchasing the cheapest Silver Eagle coins when silver spot or premium prices decrease temporarily.
Do Your Homework for the Best Opportunity
Scoring the best pricing on American Silver Eagle coins requires research to find and compare seller listings. Monitoring real-time spot silver price changes allows pouncing on sudden drops in premium markups. Investors willing to shop around and buy when opportune have the best chance at finding deals on Silver Eagles for the lowest cost over intrinsic silver value.
