1 oz Monex Silver Eagle Rounds

The first U.S. Silver American Eagle bullion coin was minted in 1986, while the Monex Silver Eagle was first issued four years prior in 1982. Today, Monex is producing its one-ounce bullion piece in matte reverse proof style imagery, with an augmented ray pattern in the flat fields thought to deter counterfeiting, while the US American Eagle coin has more of a reflective appearance with a proof-like finish. Both pieces are one troy ounce of pure 999 silver, but the US American Eagle coin struck at the U.S. Mint, is legal tender. One of the biggest advantages of the Monex Silver Eagle at this time is the lower cost relative to the amount of tangible solid pure silver. Simply put, it is more silver for your investment dollars.

Generally, a coin is a piece of metal used as money. Uniform circular silver pieces that are not legal tender may be referred to as silver rounds. Though a uniform and respected silver round does not have a government currency value, according to Merriam-Webster’s definitions, it is a “coin,” especially taking into consideration that in many instances, silver has been an acceptable form of currency for over 2,000 years.

Silver Eagles are pure 99.9% fine silver, the common standard for industrial and investment-grade bullion. Because the Silver Eagle was designed in Canada, the fineness is represented in both English, 999 FINE SILVER, and in French, ARGENT FIN 999, in observance of its cultural diversity.

Although the art for the Silver Eagle was completed in 1981, the Royal Canadian Mint struck the first run in 1982, 40 years ago. 2022 marks the 40th anniversary of this regal production. Monex is proud to offer the Silver Eagle in today’s investment grade standards, with a greater more common diameter and an enhanced finish in line with present-day bullion coins.

Eagles have been used as a symbol of strength since ancient times, most famously as the standard of a Roman legion, and earlier by Cyrus the Great. Today, the majestic beauty of this regal icon most notably represents both strength and freedom. Interestingly, eagles are also known to fly above storms. In 1980, during the Silver Eagle’s conception, this global icon perfectly exemplified the desired theme. Monex and the Royal Canadian Mint reasoned that pure silver, in this reliable handy format, is real tangible monetary wealth, representing strength, financial and bureaucratic freedom, and being above geopolitical storms. This pioneering one-ounce silver piece was the first project where the Canadian government's Mint engaged directly with a private company. Monex was eager to enlist the Royal Canadian Mint, as they were a leading player in the blossoming precious metals industry.

The Silver Eagle project with Monex and the Royal Canadian Mint warranted top-end design characteristics. To introduce a new piece to the then-young precious metals investment industry, Monex insisted that the product contain quality pure silver and a striking, investor-worthy design. Commissioning an acknowledged wildlife artist, Albert Earl Gilbert, added to the pure quality branding of the offering. Acknowledged as one of the world’s premiere wildlife artists, Gilbert was known for thoroughly studying his subject before rendering it so authentically, gaining a reputation of an artist who paints from personal knowledge of his subject. Gilbert served as President of the Society of Animal Artists from 1977 to 1984.

The purchase price of a one-ounce 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.

For those who appreciate how precious metals can enhance investment returns while mitigating volatility and risk in a portfolio, it is recommended that a minimum of 10% of an investment portfolio be allocated to precious metals, including silver.

However, investors often purchase more when economic or geopolitical uncertainty in the markets and around the world rises. To learn more about buying silver and silver investing, be sure to visit our "Expert Views on Silver" section.

It is easy to confirm that Monex offers some of the best prices on Monex Silver Eagle Rounds by comparing our prices with those of other dealers. But what sets Monex apart is that we also feature transparent pricing. We publish both ask and bid prices on our website. That “spread” – the difference between our “ask” and “bid” prices – tends to be far less than many other dealers. We also offer lower Atlas Preferred Prices on purchases made with the Monex Atlas Account on several of our bullion and coin products. Call us today to learn more about Monex’s pricing advantages.

Silver coins have great weight and volume for your investment dollars, which may present a storage challenge. Most people could not carry $25,000 of silver coins without a wheelbarrow, whereas that amount of gold could fit in the palm of your hand. For this reason, investors of silver coins should take into consideration where they will store their purchase, and is why investors purchasing larger quantities of silver tend to use a bank/depository storage facility. The silver coins most preferred for depository storage are the two most popular and liquid coins in the world, the U.S. Silver American Eagle and the Royal Canadian Mint's Silver Maple Leaf.

If you choose to store your silver coins in this way, we will deliver your investment with full title and ownership in your name to one of the independent bank/depository facilities that provide storage for Monex customers. When your metal is received by the bank/depository, the custodian of the facility will send you a document acknowledging the receipt and your ownership of the silver being stored in your name.

All shipments of silver products to you are insured against loss or damage in transit. If you decide to have your silver delivered to and stored by a bank/depository, the metal is fully insured in transit and also while in storage.

Almost every investment in physical metal is unique. For this reason, calculating shipping timing for a unique silver purchase is not a universal answer. The delivery of your metal is dependent on a variety of factors, including the quantity of metal, the time of your purchase, and other relevant details.

On average, physical metal will leave the shipping facility two to five days after confirmed, reliable good funds are received. Upon receipt of payment and confirmation of reliable good funds, Monex will direct one of its independent shipping facilities to package and assign it to either USPS or UPS for delivery. You will then receive an email or a telephone notification of your shipment’s tracking number.

During periods of extremely high shipping volume, you will be notified if any delays are anticipated. Call a Monex account representative to learn more about estimated shipping times for your unique investment.

You could spend many hours, or even days, searching the internet for the answers to your questions about purchasing and owning precious metals. Or, you could do what tens of thousands of customers do each year: Talk to a friendly, experienced, and knowledgeable Monex Account Representative who will give you information based on your personal situation and circumstances.

Our Account Representatives are available from 5:30 a.m. to 4:30 p.m. PST Monday through Friday (except national holidays) and on many evenings and weekends. Give us a call today for a free precious metals investing consultation!