HTML5 Incompatible Browser

Silver American Eagles

Monex Product Silver American Eagle

Monex, America's trusted name in precious metals for more than forty years, is proud to offer a convenient, beautiful and versatile way to own silver...the silver American Eagle bullion coin.

Authorized by Congress in 1985 and first minted in 1986, Silver Eagles are pure .999 fine silver, the finest silver coins ever minted and distributed in the U.S.A. Each coin contains one troy ounce of pure silver and measures 1.598" (or 40.6mm) in diameter with a thickness of .117" or 2.98mm. They are impressively large and substantial coins...America's only official investment grade silver bullion coins...and make a handsome and worthwhile addition to any investment portfolio.

Account Representatives now available 1-800-444-8317

They are also considered by many to be one of the most beautiful coins ever minted anywhere in the world. Their obverse design is based on the U.S. "Walking Liberty" half dollar, first minted in 1916 and designed by German-immigrant sculptor Adolph Alexander Weinman, who also designed the famous U.S. "Mercury" dime, also introduced in 1916.

bald eagle and shield

The reverse side of the coin features a bald eagle and shield, with 13 stars, representing the 13 original American colonies, positioned above the eagle's head.

The silver American Eagle is minted in the U.S. Mint's West Point, New York facility, and is a legal tender U.S. coin with a face value of one U.S. Dollar...granted, a largely symbolic amount, since the market price of one ounce of silver has been many times greater than one dollar for more than four decades.

Silver American Eagles are available from Monex in units of 100 one-ounce coins. The coins can be purchased outright for personal delivery or can be financed through the exclusive Monex ATLAS account. Additionally, these coins are suitable for an IRA investment.

Silver EagleU.S. Silver Eagles can be an affordable, cost-efficient way to get started in precious metals investing, and to diversify one's nest egg with a sound hard asset investment backed by the U.S. government. The coins are widely recognized, and easy to buy, sell, transport and store.

Call a Monex Account Representative today to discuss how you could add Silver American Eagle bullion coins to your investment portfolio.

Monex Account Representatives are normally available between 5:30am and 5:30pm Pacific time each Monday through Friday (except national holidays)...and on many weekends.

Give us a call...give our service a try...and compare our prices. You'll see why Monex has been America's trusted name in coin and bullion trading...for over 40 years.

What is an American Silver Eagle coin?
The United States Mint issues Silver American Eagles as legal tender bullion coins for investment purpose, under congressional authority. The family of U.S. Mint American Eagles is comprised of a one ounce silver piece and four sizes of gold pieces. Though the U.S. Silver Eagle is technically money, its face value is insignificant as compared to its intrinsic value, and thereby does not circulate as coinage.

How pure is the US Silver Eagle coin?
Silver Eagles are 99.9% fine silver.

How does the American Silver Eagle compare to sterling silver?
Bullion grade silver is at least 99% pure silver. Pure silver bullion is not as durable as sterling silver, which is 92.5% pure silver with the balance being an alloy to offer better durability. The vast majority of circulating silver coinage of years gone by, when coins were real money rather than fiat currency, was closer to sterling purity than bullion investment quality silver.

How much silver is in a Silver American Eagle coin?
The Silver American Eagles contain precisely one troy ounce of pure silver.

What are the best silver coins to buy?
Simply buy the type of silver coin that makes you most comfortable. The most important considerations for selecting your preferred brand of bullion coins is (a.) buying and selling liquidity resulting form popularity and demand and (b.) relative levels of buying and selling prices. Watch Buying Silver Coins with Monex’s Mike Maroney on Youtube for a great overview on buying silver coins!

What is the cost of a Silver Eagle to purchase?
The purchase price of a one-ounce American Silver Eagle is at the Monex Ask price. In addition, there are charges such as commission and shipping. There is no shipping charge if you select depository delivery. Today's Ask price per coin for buying in units of one hundred is: $.

How do I buy and receive Silver Eagles?
Once you have decided on the quantity of Silver Eagles to purchase, your Monex Account Representative will assist you in executing your order over the phone. Your purchase and price will be confirmed on a voice recorded line after your acknowledgment, and a written confirmation will be sent to you with the details of your order. Payment may be made after you order, but must be initiated on the day of purchase, which means you must mail or wire funds on the day of your purchase. You can have your metal (a) shipped to your home; (b) made available for pick-up at over 30 facilities across the U.S. and Canada; or (c) have your metal delivered to a bank/depository for storage.

Where is the best place to buy Silver Eagle Coins?
Reliability of a commodity and your comfort in making a transaction is paramount. Since 1967, Monex companies have made it a priority to buy back gold and silver that customers have purchased at attractive, then-current Monex bid prices. Our multi-billion dollar, two-way buy and sell market is a hallmark and tradition at Monex, and is your assurance of liquidity for your Silver American Eagle investment. Under certain circumstances, Monex may buy verified Silver Eagles that were purchased from other respected dealers. Be aware that some restrictions and additional verification costs may apply. Please contact a Monex Account Representative for additional details.

Can I purchase American Silver Eagles in my IRA?
Yes, American Silver Eagle coins qualify and are approved for inclusion for purchase in your IRA.

How well have American Silver Eagle investments performed?
Over the long-term, Silver Eagle investments have fared quite well. Since 2000, they have tripled in price. However, in the shorter term, Silver Eagles are deeply discounted from their 2011 high prices.

Can I finance against my Silver Eagles that I have purchased?
With storage of Silver Eagles through Monex at Brinks or Farmers and Merchants bank, you can use your metal as collateral to borrow cash against it whenever you want, for any purpose. Monex Credit Company, a California Finance Lender, offers cash loans of up to 75% of the value of your metal while you retain full title and ownership of the metal. Interest rates vary but have been 5.9% per annum since 2006. There are no loan set-up fees or penalties for repayment at any time. You can call your Account Representative and have the cash proceeds of the loan immediately sent to you, or you can use the loan to pay for a purchase.

What is the Silver Eagle bullion coin first year of issue?
The oldest Silver American Eagle bullion coin has the date 1986. That year was the very first year of issue for US Mint Bullion Coin program.