Silver Eagle Monster Boxes are a great way to purchase a large quantity of Silver Eagle coins. A monster box contains twenty five plastic coin tubes. Each tube contains twenty American Silver Eagle coins. That means each sealed U.S. Mint box will contain five hundred beautiful, uncirculated American Silver Eagles!
Perhaps you you are hesitant about investing in such a large quantity of American Silver Eagles at one time. Here are what I believe are the two most important reasons for purchasing a Silver Eagle Monster Box:
Cost Savings
When you purchase American Eagle Silver coins, your price is based on the current market spot price. The dealer then adds a premium per silver bullion coin. The main advantage for buying Silver Eagle monster boxes is the cost savings. The greater the quantity of silver bullion coins purchased, the cheaper the price! Plus, most bullion dealers offer free shipping for large orders.
Silver Bullion Shortage
Another valid reason for purchasing Silver Eagle Monster Boxes is the shortage situation in silver bullion. Because of the selloff in the stock market, the financial turmoil in the credit markets and increase in bank failures, investors are turning to hard assets for protection and diversification. Unprecedented demand for silver bullion because of extreme investor demand has forced the the U.S. Mint to stop production of the 2008 edition of the Silver Eagle.
The U.S. Mint has rationed American Silver Eagles since early spring and is supplying the silver bullion coins to dealers on an allocation basis only.
Most dealers are shipping American Silver Eagle orders as they receive them from the U.S. Mint. In many cases, orders are experiencing significant delays and wait times of up to several months! Investors wishing to invest in Silver Eagles should purchase as many coins as they can afford now. There is a real risk that anyone wishing to purchase these silver bullion coins in the future will have to pay a huge premium to do so.
I would strongly urge anyone interested in investing in Silver Eagle Monster Boxes to strongly consider purchasing them now, while they are still available.
Here is the current supply status on Silver Eagles at the various mints and larger dealers:
Silvertowne is no longer accepting any new silver bullion orders.
NorthWest Territorial Mint will not be accepting any new walk-in orders until the online orders are caught up.
Perth Mint are not accepting any new orders.The U.S. Mint is no longer selling American Silver Eagles.
The Sunshine Mint has a backlog of orders for five months. They are a supplier of blanks to the U.S. Mint, btw.
The American Silver Eagle coin is the most popular silver bullion coin. The Silver Eagle is not only beautiful but its silver content is guaranteed by the U.S. government. Each beautiful silver eagle coin contains 1 troy ounce of silver and is 99.9% pure. The American Silver Eagle is considered legal tender and can be converted to cash at any given time.
Silver Eagle Monster Boxes are an affordable way to purchase a large quantity of Silver Eagle coins. For great deals and selection, visit us now at: => http://SilverEagleBullion.com.
Gorgeous silver jewellery has encircled necks, armsm, wrists and fingers throughout history. It has been made into statues, ingots and decorated clothing and armour, been used for trade, and indicated high rank or royalty for thousands of years. Nowdays, it is seen dripping languidly from the bodies of todays royalty; rap stars, rock stars, movie stars and even sports stars. Silver’s story is as old as time and as new as the latest additions to the jewellery shop windows.
Silver: called argentum in the periodic table has an atomic number of 47 which means it is the 47th element on the periodic table and carries 47 electrons. It has a hardness rated between 2.5 and 2.7 and is therefore one of the most malleable of all metals. Silver is a white, lustrous metal prized for its purity and formability and because it can achieve the most brilliant polish of any metal.
The first major source of mined silver, is generally considered to be Turkey which served as the main source of silver for the near East, Crete and Greece. The early Egyptians used silver in their religious ceremonies and to create their articles of worship and it was considered even more precious than gold.
A concentrated effort to mine silver really began around 3000B.C. and the first sophisticated processing of the mined ore has been attributed to the Chaldeans at around 2500B.C. After the destruction of the Minoan empire in 1600B.C. the mines of Laurium, near Athens became the leading producers of mined silver. These mines proved to be highly productive, and for approximately 1000 years the Laurium mines were the largest source of silver in the known world.
The end of the monopoly of the Laurium mines saw the Romans come to the fore and mines in Spain and throughout Europe and Italy were pressed to meet the growing trading needs of Greece and Asia Minor. When the Moors invaded Spain and took control, it became necessary for the mining of silver to be expanded to more countries, mainly in central Europe and several new large deposits were discovered between 720 and 1200 A.D. But the real expansion in the production of silver occurred in a 500 year period between 100-1500A.D, when new developments were made in the mining and processing of silver particularly the development of the ‘mercury amalgamation method’.
This process enabled more silver to be taken from the ore and so silver production around the world increase exponentially during this time through discovery and better refining methods.
Even more significant was the discovery of seemingly almost infinite deposits of silver in the New World, and the first of these was in the Potosi District of Bolivia. At the same time major deposits were also found and mined in Mexico with the bulk of mining occurring between 1700 to 1800A.D.
For over 300 years, from 1500A.D. to 1800A.D. Mexico, Boliva and Peru accounted for over 85% of the world production of silver and trade, with the remaining portion obtained mainly from Germany, Hungary and Russia. From 1850, other countries like the US increased production and silver production increased again worldwide.
Did you know?:
Silver can be hammered into sheets so thin that it would take 100,000 of them to stack 2.5 centimetres high. It is this formability that makes silver such a wonderful art form for the artisans throughout history. It can be shaped by hammering, spinning (like wool), or drawing (like toffee), it can be melted and poured into moulds, and can be decorated with etching, engraving or chasing. Known as the queen of metals, not the least because it has a known association with the moon and the moon goddess Lunai from times of antiquity. Silver has been closely associated with the moon and lunar influences and used for magical utensils and ornaments for thousands of years. It is closely related to Isis, queen of Egyptian goddesses and the traits of creativity, flexibility and emotion. It is one of the seven sacred metals, and used in alchemical processes by the original ‘scientists’ those wizards of old called alchemists such as Merlinus Arturius and Isaac Newton. Silver is known is also a part of the ancient chakra system of the Hindi’s and associated with the 6th chakra or 3rd Eye seen as the bridge between the human and the divine. This chakra is compared to empty space, free form a place of purity and unity, the site of bliss.
Silver’s medical history: a silver coin was often dropped into a jug of milk to help prevent it from souring, in Vedic medicine silver water was known to cleanse the liver and spleen. More recently until sometime in the 1930’s silver compounds were used as a normal part of medicine, with silver nitrate being the main compound used. Silver Iodide was even used immediately at birth in babies eyes to prevent infections that resulted in blindness. We can find Colloidal Silver in use even today as a natural remedy for infections and many swear by it.
Amazing Uses of Silver: Invisible silver is a transparent coating of silver on the double pane in thermal windows; silver enjoys greater reflectivity than gold and can achieve the most brilliant polish; silver is the best electrical conductor of all metals.
Wearing Silver
Because of their long tradition and history silver artisans are some of the most highly skilled artisans in the world today. Only the finest craftsmen in each generation became master silversmiths, this evolution throughout the centuries has created a tradition of excellence in both artistry and craftsmanship that is found only in the silver field.
The meaning of the word jewellery is derived from the word, jewel, which is the anglicised form of the French word ‘jouel’ and even further back to the Latin word ‘jocale’ which means toy or plaything. Jewellery is one of the oldest forms of body adornment, and although it has been used to pin clothes together and as a form of wealth storage in ingot form, it is still mainly used throughout history for decoration.
Silver jewellery was once used to indicate status as it was restricted for use by only the wealthiest and noblest of all up until the end of the 18th century. It was only through the Industrial Revolution, through mass manufacturing that jewellery finally became available to the general public.
It is seen on its own and embedded with precious or semiprecious stones in areas all over the world and from many areas of history including; Mesopotamia, China, Japan, Egypt, Africa, Greece, Rome, India, Mexico (Mayans), Indian Tribes of North America, Peru (Aztecs), and the British Isles (Celts).
Silver is still beautiful and for many, more affordable than gold. Wearing a find piece of silver jewellery can give the wearer a feeling of confidence and beauty and create the finishing touch to any outfit. All sorts of silver jewellery can be found from modern pieces to purchasing antique peices that have stood the test of time. Silversmiths still replicate the older styles and wearing these beautiful pieces can add a unique touch to any outfit and is sure to get the wearer noticed!!
Big, bold and beautiful pieces from around the world abound, and it can be such an amazing feeling to find just the perfect piece for you. Choosing from Tibetan, Mexican, Italian or other amazing styles is half the fun and finding such pieces has been made even easier by the internet, although buying from a reputable business is key to ensuring your investment is worthwhile.
Annie Rob is a creative web consultant who write articles, blogs and presents on topics for her growing client list. Annie has a Masters in NLP, Coaching and a Grad Dip in Education as well as being a writer, presenter and Web Business visionary. For more information on this subject go to: The Jewellery Gallery
Intended Audience
Investors looking to speculate on the price of silver through ETFs or publicly traded silver companies as well as those looking for a store in value against inflation.
Summary Points to Take Away
Inherent supply constraints will restrict the ability of silver to react to changes in demand; thus, overall supply is inelastic – which would put upward pressure on the price of silver should demand increase.
Silver is one of the most industrious items in the world – highest reflectivity, thermal and electrical conductivity of all the metals; thus, difficult to substitute all its industrial uses should the price of silver spike.
Store of value during inflationary periods
Future growth in Solar Energy could propel demand for silver, resulting in higher future prices
Cyclical good; thus, short term price will trend downward during the low point of the business cycle
Demand for silver over the past decade from the photography industry has declined – which still represents a sizeable portion of total demand that is likely to deteriate over time.
Introduction
The price of silver has been historically volatile as it can fluctuate between the demands of industrial users and investors using the precious metal as a store of value. At times this can cause wide ranging valuations in the market, creating volatility.
Analysis
Supply Constraints
Overall silver producers are slow to react to higher levels of demand; thus, low levels of supply will ensure the price of silver doesn’t collapse on excess production, etc. Two significant factors depressing supply growth are:
(1) Unlike gold which is hoarded, silver’s primary use is for industrial applications (approximately 40% of demand); thus, the majority of silver used in this capacity is either thrown out by the end consumer or is consumed during manufacturing. Less than 1% of silver gets reused and recycled; thus, continued supply is necessary to continue to fulfill the industrial demands upon silver. Though new silver is mined and brought to the market place – a significant portion of it ends up in the landfills. This is unique to precious metals, and very unlike gold which is hoarded (i.e. used for jewelry or as a storage of wealth, not many industrial applications;) – i.e. most of the gold ever mined throughout our history is still in existence; thus, supply continues to build upon each other unlike silver
(2) Producers can’t react to higher prices because 75% of silver that is produced is the secondary by-product of the original mining operation (typically gold, copper, zinc and lead); thus, given that the primary resource being mined is not silver – higher prices of silver won’t provide an incentive for mining companies to speed up production as their decision making process focuses on the demand/supply issues they face for the main resource they’re trying to extract – silver is an afterthought. This is very uniqe to silver as most other metals are specifically mined for – not the pro-product produced from non-related mining activities.
It is evident by the above two points that there is strong potential of future price spikes in combination with a general upward trend for the price of silver over the long run.
Not Easily Substituted for
Silver is one of the most industrious materials in the world – highest reflectivity, thermal and electrical conductivity of all the metals; thus, difficult to substitute all its industrial applications should the price of silver rise sharply. This makes demand relatively inelastic; thus, a rise in price would be followed by a smaller decline in demand; therefore the higher price will persist (keeping in mind of the above discussion about the slow response from silver suppliers). Keep in mind that this is based on current operating conditions and technology; therefore, future developments could change the current substitution possibilities available to users of silver – but this is purely speculative at this point; thus, not a current critical threat to the price of silver.
Store of Value in Inflationary Periods
Silver along with gold are precious metals that store buying power, protecting it from periods of high inflation (i.e. unlike currency which decreases in value during inflation, precious metals will hold their buying power and can be converted into more currency then used to purchase it to compensate for the higher levels of inflation). RecentlyI most of the significant global economic powers are issuing their respective financial institutions significant amounts of liquidity (ex. U.S. with AIG , Fannie Mae, Freddie Mac) that will expand the money supplies of the relevant nations. Though this may stabilize the economy in the short term – it will lead to excessive levels of inflation as they’ll be more money in the system chasing after the same number of goods; thus, it’ll take more of those dollars to buy those goods. In general – most investment experts recommend investors have 10% of their investment portfolio in precious metals to protect themselves in instances described above – take a look at silver to fufill this need.
Impact of Growth in Solar Energy
As the price of fossil fuels (ex. Oil, natural gas, etc.) rise in value due to scarcity, alternative sources of energy are being seeked. Global scientists and governments have become interested of the promise associated with solar cells to produce electricity. Silver paste is used in 90 percent of all crystalline silicon photovoltaic cells (the most common type of solar cell). Demand from future solar energy projects is estimated to triple from current levels by 2012 – brining demand to 40.6 million ounces – which is note worth though not significant given 2007 global demand of 894 million ounces. This forecast is the lower end of the estimate and should the upper end of the demand estimate be realized – demand would go to 142 million ounces from solar energy projects. Given the supply constraints of silver (as discussed earlier), the prospect of growing demand for solar energy projects is a potential catalyst that could lead to significant increases in the price of silver if the high end estimate is reached (representing a 16% increase in demand without an equal increase in production, which keeps the price high). Readers should continue to track the growth of solar energy projects as well as competing fossil fuels as the lower costs of oil or fuel alternatives could slow down these projects and demand. Investors should continue to monitor this potential catalyst.
Risks
Current Global Recession
As mentioned earlier – silver has numerous industrial applications (including new home construction and automobile manufacturing); thus, though the long term prospects appear strong, like many metals – it is subject to business cycle swings. Based on present economic climate – manufacturing is slowing; thus, demand for silver will be depressed during the low point in the current business cycle, not making purchasing silver a good prospect for short term traders. For investors who have a long term outlook – the current period may represent good buying opportunities as the price of silver has suffered throughout the year due to lower demand from industry – specifically it is down 48% from its peak during 2008 (March 17, 2008 – $21 US/Ounce) as compared to current price of $11 US/Ounce (December 31, 2008). Prices taken from NY Spot Market.
Photography Industry
Silver-based photography is based on the use of chemical ‘developers’( the differences in light intensity form negative images), which can then be processed into paper pictures by using silver-imbedded paper. Because of the growth of digital photography, the use of silver-based imaging by consumers has been steadily dropping as many picture takers either keep their images in digital form or use low-cost, ink-jet printers. Silver demand from photography has dropped from 225 million ounces (27% of total demand) in 1998 to 128 million ounces (14% of total demand) in 2007, and based on the above analysis this trend will likely continue. Though demand from photography has dropped year after year – it is has been replaced and succeeded by increased demand from industry (316 million ounces (38% of demand) in 1998 to 455 million ounces (51% of demand) in 2007). Should demand from industry slow down or stop the impact would severly depress the price of silver as industrial uses is currently the largest contributor to total silver demand.
Where to go from here?
Based on the above analysis, silver is likely a good buy at current prices given the strong fundamentals (ex. expected upside in price from supply constraints, higher demand for inflation sensitive assets (i.e. store of value) and potential growth in demand from solar energy projects).
Several ways to invest in Silver
ETFs – some ETFs track precious metals, while others are completely dedicated to silver. These are a low cost situation as transaction/storage costs are low due to the fund buying in bulk. Note that storage costs are reflected in the market price of the ETF, not something an investor pays for separately. Word of warning – there is a theory that in a time of market crisis where precious metals would be used as a medium of exchange, etc – a silver ETF market price may not reflect the actual value as ETFs are part of the overall financial system; thus, if there is a market crash – demand may drop for ETFs (even those of precious metals) along with other stocks as well. This prevents the user to utilize from using their true silver asset holdings. This is only a theory and speculative at best – so take it with a grain of salt.
Purchasing shares of publicly traded companies with significant silver operations (ex. BHB billiton, Barrick Gold, etc. – note these are not recommendations but rather options, do your research if you choose this path). A word of warning about this route – remember that companies can always go bankrupt, but commodities can’t, meaning if you choose this route you are vulnerable to company specific risks (ex. Underperforming secondary product lines, fraud/accounting scandals, etc.)
Silver bullion & Coins – this is literally buying physical silver and storing it yourself (at home or in a safety deposit box, etc.). Provides you the safety of physically having access to it should you need it (ex. Market crash, no confidence in local currency, etc.), but on the negative side – you’ll have to find a place to store it and incur significant transaction costs (around 10%).
THANKS,
SIMON GIANNAKIS
Simon Giannakis is the founder and creator of WWW.THATSTOCKGUY.NET. He currently is a Senior Accountant within the Assurance and Advisory group at Deloitte & Touche LLP in Toronto, Ontario. He has a BBA degree from Wilfrid Laurier University and is currently pursuing both CA and CFA designations. Simon can be contacted through thatstockguy.net@gmail.com. IF YOU WOULD LIKE TO CONTRIBUTE AN ARTICLE TO THATSTOCKGUY.NET, PLEASE CONTACT US.
Incoming search terms for the article:
The American Eagle Silver Dollar, first released November 24, 1986, is the official Silver Bullion Coin of the USA. The coin is ’struck’ in the 1 troy ounce denomination and contains one troy ounce of pure silver (99.9%). Its nominal face value is one US dollar.Since release, the American Eagle coin has risen in popularity as a collectible and for investment purposes. The coin’s design is considered by many as outstandingly beautiful. The obverse (front) face of the coin features Adolph A. Weinman’s Walking Liberty motif. The reverse face features the heraldic eagle designed by John Mercanti.
As an investment item, the American Silver Eagle is approved in the United States for funding Individual Retirement Account investments.
Asture financial advisors would offer the recommendation to allocate a percentage of one’s cash resources into the presious bullion and coin asset group. Especially at this time of global market uncertainity. This advice is considered a prudent strategy. By adopting a ‘buy n hold’ mindframe, the long-terms benefits will be welcomed.
In short, the pure bullion and coin asset class acts as ’stored value’ investment. For example, the valuse of fiat currencies will fluctuate over time, however, the volatility in the precious metal market is less apparent over time.
When the time is right to begin your incremental acquisition of items within the pure bullion and coin asset group, then the internet is an ideal location for search and buy. There are many online platforms for buying and for that matter selling gold and silver bullion and coins. This can be both fun and financial rewarding.
Written by Silver Leonard, owner of a portfolio of sites, including: Precious
Metal Bullion and Coins | Looknooks – Website ShowCase
Designed to be readable above all else to those without prior knowledge of the subject, A Short History of Asia presents a gripping and comprehensive account of civilizations that had credit banking, mass production industries, and whole libraries of printed books while Europe was still primitive. It stresses in particular the pre-colonial period, and takes a critical look at imperialism. Its chapters on the modern states are enlivened by the personal experience of the author, who has lived and worked in almost all of them. The book identifies Asian traditions which influence the modern states profoundly.
Book Description
Designed to be readable above all else to those without prior knowledge of the subject, A Short History of Asia presents a gripping and comprehensive account of civilizations that had credit banking, mass production industries, and whole libraries of printed books while Europe was still primitive. It stresses in particular the pre-col (more…)