There are many of these private minted companies, such as Engelhard, Johnson Matthey, Silvertowne, Sunshine Mint, and others. This allows the company to sell at a lower premium, basically cutting out a profit layer or the “middleman” theory. 999 fine silver are produced by the private company and sold directly to the general public. On the other hand, private minted silver rounds, which also contain 1 ounce of. ![]() They usually buy huge quantities, reaching hundreds of thousands of dollars and even a million dollars or more. So, of course, these dealers have to make a profit to stay in business. They are sold to a network of wholesale dealers and brokers, who then sell to the general public. Mint and is not sold to the general public. The Silver American Eagle is minted by the U.S. But, why aren’t private minted 1-ounce silver rounds as high? The answer lies in the minting, distribution, and circulation of the different types of coins. Two years later, the premiums of Silver American Eagles still remain high. People, worldwide, were so uncertain of their financial future, that they started buying huge amounts of silver and gold bullion to hedge against a possible worldwide financial collapse. Why? A lot of the demand can be attributed to the beginning of the disastrous pandemic that started in January 2020. The first and most obvious answer is the demand for these world-famous coins is at an all-time high. The Eagle’s depiction is the full-length figure of Lady Liberty in a full strike, surrounded by folds of the American Flag, right hand extended out her left hand holding laurel and oak branches.Īs a coin dealer, I am often asked “Why are the premiums so high on Silver American Eagles, compared to. The Walking Liberty was minted from 1916 to 1947. The Silver Eagle’s design is based on the design of the Walking Liberty Half Dollar by Adolph A. It is one of the most widely recognized worldwide by investors, collectors, and coin brokers. Mint in 1986 and is still being minted today. The Silver American Eagle bullion coin was introduced by the U.S. ![]() Why Are Silver American Eagles So Expensive?
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