Monex Silver Eagle Coin Price Charts

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.

The Monex Silver Eagle contains precisely one troy ounce of pure silver.

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.

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.

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.

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.