|Weight:||Spot Price:||Buy Price:|
|20.00 oz||£ 366.78||£ 586.86|
Buy Silver Bullion Eagles - 1 oz - Delivery by Post and Vault Storage
What is a Silver American Eagle coin?
An American Silver Eagle coin is a 1 oz silver bullion coin produced by The U.S. Mint. The Silver American Eagle is the official, legal tender silver bullion coin of the United States. American Eagle silver coins and monster boxes of American Silver Eagles are some of the most popular silver bullion coins around world. GoldCore sell Silver Eagles by the mint tube with 20 coins in each tube.
The Silver Eagle is minted by The U.S. Mint. Each coin contains 1 oz of .999 fine silver that is guaranteed by United States legislation. Therefore, the coin is backed by The U.S. government.
Silver Eagles are a simple way to add a tangible silver asset to an investment portfolio and silver is proven to have a low correlation with most traditional investment asset classes, thereby providing portfolio diversification benefits.
GoldCore have been offering silver bullion coins including Silver Eagles for sale to UK buyers since our inception in 2003 and selling them VAT free in recent years.
What are the Benefits of Owning Silver American Eagle Coins?
- Silver Eagles contain 1 troy ounce (1 oz) of 0.999 pure silver
- Silver Eagles are VAT free with GoldCore
- U.S. Mint is one of leading mints in the world
- Legal tender coin backed by the U.S. government
- Multiples of 20 coins are packed in mint plastic tubes. Multiples of 500 are packaged in 25 tubes in “Monster Boxes”
- Competitive pricing and premiums
- Portable, internationally liquid form of financial insurance
How to Buy American Silver Eagle Coins?
Buying American Silver Eagles is an easy and simple process. You can buy them online and have them delivered by post or held in Storage using the BUY button or you can call our office to place your order over the phone.
We sell American Silver Eagles and all major bullion bar and coin products and you can pay by bank wire, credit card or debit card.
We make a market in Eagle coins, gold and silver, and offer fully insured delivery to our British clients throughout the UK from our depository partner vaults in London and Zurich.
Insured delivery of American Silver Eagles, including monster boxes, to homes or offices is also popular and many clients do both - take delivery of some Eagles and own the rest in Secure Storage.
UK clients generally opt to store their Eagle coins in fully insured, offshore Secure Storage jurisdictions. We specialise in offering clients access to allocated and segregated bullion storage in secure non bank vault partners in safer jurisdictions in the world such as Zurich, Hong Kong, London and Singapore.
What is the Price of a Silver American Eagle Coin ?
The price of a Silver Eagle (1 oz) is shown in the upper right section of this page.
The price of a 1 oz American Silver Eagle is calculated using three components:
- Silver spot price is the price of an ounce of pure silver available for immediate delivery or delivery ‘on the spot’. It is typically determined by the best bid and offer for silver as offered by large bullion banks trading in real time throughout the world and quoted by data providers such as Thomson Reuters and Bloomberg.
- Weight and purity of Silver. Silver Eagles have a purity of 0.999 (fineness) and there is exactly 1 troy ounce of pure silver in each coin. They are produced by The United States Mint and each Eagle’s metal content, purity and weight is guaranteed by the U.S. government.
- The silver price premium is the percentage adjustment that is added or deducted from the silver spot price depending on whether a silver buyer is buying (added) or selling (deducted). The premium of Silver Eagles are determined by the costs of production, refining, fabrication, minting and the logistics of making the silver coins available for sale in the UK. The price of a Silver Eagle is also impacted by supply and demand and the amount of silver coins being bought.
In order to determine the price of a Silver Eagle, simply multiply the spot price of silver by the number of troy ounces of silver in the coin (1 ounce) and then add or subtract the current premium for the coin or coins. GoldCore’s premiums on Eagles are competitive at between 18% and 24%.
The value of a Silver Eagle is that they are highly popular and an internationally liquid, portable store of value and vital form of financial insurance. They are one of the best ways for silver buyers and investors to own physical silver. They act as a hedge and protect British silver buyers from domestic and international financial and monetary risks.
|£ 1,000 - £ 39,999||£ 586.85||60.00%|
|£ 40,000 +||£ 583.05||58.97%|
How Much Silver is in a Silver American Eagle Coin?
Silver Eagles are 24 karat silver coin, with a fineness of 0.999 (99.9%) or 24 carat pure silver.
This means that the coin weighs 31.103 grams and the silver content of the coin is 31.072 grams.
The American Eagle has a diameter of 40.6mm, a thickness of 2.98mm and its edges have a receded texture.
The Silver Eagle contains 1 troy ounce of .999 fine silver and is easy for investors to value since, excluding premiums, its price roughly tracks the world silver price.
What is the History of the American Silver Eagle Coin?
Silver Eagles were first minted by The U.S. Mint in 1986 - along with the American Gold Eagle coins - specifically as investment bullion coins. Authorized by Congress, American Eagle gold, silver and platinum bullion coins provide UK investors with a convenient and cost effective way to add physical, investment grade, precious metals to their investment portfolios.
The silver coins are beautiful. The obverse features Adolph A. Weinman’s design showing Lady Liberty draped in an American flag, walking gracefully as the sun rises over a ridge.
The reverse shows a heraldic American eagle below 13 small stars, each representing one of the original colonies.
Video shows American Bullion coins being made in The West Point Mint.
The coin is highly stylised and known for its high quality finish, pure silver content and historical design. The Eagle has only ever been produced in a 1 oz form. Unlike other well-known bullion coins, smaller fractional denomination Silver Eagles such as a ½ oz version were never created.
Silver Eagles are produced at The West Point Mint in New York, and have a ‘W’ mark underneath the date. You can purchase American Eagle Silver Bullion Coins (1oz) and monster boxes of American Eagles from GoldCore.
Because they are produced by the United States Mint, each coin’s metal content, purity, and weight is guaranteed by the U.S. Government.
American Silver Eagles are mass produced to help retail investors purchase silver bullion with ease and confidence. They are widely traded on the global silver markets and are therefore competitively priced and highly liquid.
The United States Mint has produced and sold over 400 million Silver Eagles since 1986, in other words, 400 million ounces of silver. This is over 12,000 tonnes of silver. Silver Eagles are widely held and well known globally so they have a huge secondary market and a large dealer network.
The 1 ounce denomination makes the coin easy to transport and carry and this divisibility may also be useful if a part of a silver holding needs to be sold in the future.
Silver Eagles – Delivery In England, Scotland, Wales and Northern Ireland
GoldCore offer Silver Eagles and all leading silver bullion coins and discreet, insured delivery throughout the UK - in England, Scotland, Wales and Northern Ireland.
We deliver silver bullion coins through fully insured international shipping services and national postal services such as Fedex, UPS and Royal Mail.
Insured delivery is very discreet in unmarked packages. Bullion coins and bars are carefully, tightly and securely packed to muffle sound and prevent damage.
Insured delivery in the UK for silver bullion coins is generally 4 to 10 working days. For certain products and during periods of high demand delivery can be a maximum of 15 working days. Insured delivery costs are competitive.
Note: Minimum order for delivery is one tube.
Storing and Vaulting your Silver American Eagle Coins with GoldCore
For larger amounts or those seeking added liquidity, investors can buy American Eagle Silver Bullion Coin “monster boxes” and own them in allocated and segregated storage in GoldCore Secure Storage.
New American Eagle Silver Bullion Coins issued by The United States Mint are distributed in Brilliant Uncirculated condition and can be securely stored in their original tube and box packaging in which they are issued.