STAY AWAY FROM THESE SILVER COINS!
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- Опубликовано: 14 окт 2024
- American Eagles are great silver coins. However, you should not base your stack on them. Today's video covers the reasons why. In the comments, please share your thoughts on American Silver Eagles. Do you have any in your stack? Why or why not? Was there a reason I missed in the video? Appreciate your thoughts!
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sure you are paying premium for american eagles but when i've sold mines i was able to sell them for 2-3 dollars over spot. people will always pay a bit more for them.
That is true! I do think, especially if you were able to stack Eagles at lower premiums 2019 or before, its could be a really good opportunity for you to accumulate even more silver. Or, hold out for an even higher premium spread. While I am personally not going down that path, I do see the argument.
Diagree about the Eagles.
Not always .. most dealers just pay Spot or even below Spot.
@@Fr.VeniceLAIMany but not all. Unfortunately need to call around.
@@chadwick634 Indeed, if you can wait and can drive a couple of hundred miles, there will always be someone ... that would pay more for the Eagles over Spot !.
In the long-term strategy, high premiums don't matter because it will be a higher price when you sell them off in the long run! If you're looking at premiums only might as well buy blank bars!
Fair point! While I do have concerns about Eagles keeping their premiums in the future, the premium value is a valid point in their favor. Thanks for checking out the channel!
I've stacked Silver Eagles, Maples and Britannias. Like you I have looked for the best deals where I could buy them at the lowest current premium compared to other sovereign coins, and this does fluctuate but Eagles do command the highest premiums in almost all circumstances. However, I've also found that in dealing with local coin shops where I've developed a good relationship with the dealer that the Eagles command the highest premium for me when I sell them. Like it or not here in the States Silver Eagles are always in highest demand and move the most easily, so for the casual stacker this may be the safest bet as they can be assured of being able to rapidly move them locally with the highest premium for them when they decide to sell.
I could see that. Especially for those that have a good LCS close to them, or are planning to play the premium arbitrage game. Just depends what your objectives are.
The American Liberty Gold coin, the Big Bird coming to feed her chicks is an amazing coin. All the coins tells a story when it comes to American Eagles, look at them carefully and you will finally get the story if you are interested in History that's why they are collectable.
I do love the design of that coin!
Maple Leaf .
Type 2 eagles have tracking tech on, developed by Honeywell ... stack type 1 eagles ...
As am American my primary sovereign coins are Canadian. I never buy new new eagles just culls or off quality to save premium.
@@Metalmatte-31.1 that makes sense. I really like Maples. You are getting a well known silver coin at a better premium. Great idea!
You aren't an American. Americans don't buy foreign money.
I’m thinking the premium price won’t matter soon , silver is going to explode.
Definitely think it is going to 🚀!
Personally, the purity and mint shield technology makes the Canadian silver much more appealing for me. I also think that it is just as recognizable on a global scale when compared to an Eagle.
@@dsauce223 Well said! Big fan of the maples for those reasons.
canadian coins has a lots of milk spots..!!!!!....go britania..!!!!.
@@micheltremblay-m2y I like Brittanias as well!
@@micheltremblay-m2y Not since 2018 releases. That is the mint shield that was referred to.
Who cares if the premium is more if you’re holding for decades. I’ll keep stacking Eagles 👍
My only concern with that strategy would be whether or not ASE continue to hold that premium. Consumer tastes can change pretty dramatically. However, I could be wrong. And if you enjoy ASEs and like to stack them, do it!
@@KingdomSilverKC even if they don’t hold that premium, the spot price down the line will more than make up for that. And ASEs will always be super liquid. Just found your channel, enjoy your content 👍
@@JoeyG4440 Fair point! Glad you are enjoying the content!
It’s going to get where silver & gold is all we will be able to use. The dollar will soon be obsolete. If you live in America, u best have the ASE. It’s the coin of the realm.
@@KingdomSilverKC I've been stacking since I was 7 years old, paid a paper U.S. dollar for a silver dollar back then, Inflation will eat up that premium! Paying $35.00 per ounce for an Eagle now?
Eagles, Maples and Brittanias.
I prefer a mixture with an occasional Buffalo. Silver is silver!
Are one point a year ago, yes 14 +
But 5.30 is OK because you will get you a couple dollars more upon sale
They are definitely more enticing now than they were at that time!
I like maples
Im def a fan of the Britania
What is the difference between .999 or .9999 pure silver ?
Good question! .999 silver is classified as fine silver. It is also an industry standard level of purity and investment grade for IRA purposes. .9999 is considered ultra fine. Another level up in purity.
I have paid $10 over spot on hundreds of coins at once. American eagles are the best to stack in the USA
Most trusted!
I'm 62 eagles shy of my second monster box. But, I havn't bought a single one since 2014.
@@TheRealSiberD Wow. That's amazing! What a stack! That is incredible self control not to finish the box. I don't know, even with my own advice, if I could stop myself.
I haven't bought any Silver Eagles for several years now. I have bought heavy
into Silver Maples and I now have a spread of about 500 Eagles and 500 Maples.
Actually, the best buy is 1 oz Gold Maple Leafs at 4% over spot versus 1 oz
Sliver Eagles at 15% over spot. It is all about percent of premiums. Would you rather have a 4% mortgage or a 15% mortgage?
You better start feeling that box before the price skyrockets.. the dollar is really only got one safe place to go and that's precious metals
if you can get all these coins for spot ur picking eagles?
If the spot price is the same, or slightly more for Eagles, I think it makes perfect sense to go with Eagles. For me, if the premiums are significantly more for Eagles than, say, Maples or Brittanias, I would go with those instead. Just personal preference, but I totally get those that are willing to pay the premium.
I just bought a tube of 20 silver eagles. I paid 5.00 over spot. I considered that reasonable.
$5.00 is not bad for Eagles. At least, in our current state!
The majority of my silver is in Eagle form, that could be because they were the most prevalent bullion available.
@@silversleuth007 Pre 2020, when premiums of Eagles were reasonable, totally on board with ya. Since I am a newer stacker, I wasn't able to stack any Eagles. However, for those that did, that's awesome! That premium could come in handy in the future.
They are my favorite.
@ptaeiy that's great advice. I do speculate whether ASEs can keep up their dominance long term, but that certainly has been the case since 2020!
For me, I don't have a lot of ways to sell my silver, unless to an online bullion dealer. I really wish my city had an LCS! If I am looking to capture profits from dips, I tend to focus more on my silver investments in the stock market or through other platforms. Just a little different way to approach it. However, I definitely see the arbitrage potential there with the ASEs!
Thanks for taking the time to engage. Really appreciate the thoughts. I enjoy engaging with everyone and hearing the different perspectives. Can always learn something!
@ptaeiyThat will always get ya! Have been guilty of the same thing.
If you get the highest graded coins, yes a premium is attached. Those ones hold value. Uncirculated grade in plastic slabs, you orobably wont get any mobey for other that just spot price. Get treasurers signatured graded 70 or better deep camios and proffs or West Point minted. Good luck.
@@joed.twyman6355 Thank you for the advice! I definitely do not have a lot of experience in the graded coin department. Appreciate the info.
I've got some older Eagles & a couple newer ones, but all at low or even no premium.
I only buy them if there is a deal around.
Good way to get them!
Eagles have a bit of a premium because they have numismatic value beyond the silver melt. People collect them , and will pay quite a bit more for dates they are looking for. So just for stacking I agree, but for resale investment or collecting it works out.
@@watzup62 Totally agree!
i did the math for every 10 eagles i buy i can get 11 indian rounds at same price
Yeah, at that point, I would go with quantity over name recognition.
I have a wide variety of coins but i primarily have constitutional silver. Dimes, quarters, halves, and dollars. Have a few peace dollars, but mostly Morgan's. Love silver in all forms!!
@@Mattysail Same! I have noticed myself really shifting to constitutional silver. There have been some amazing deals lately. Some better than silver rounds! Can't pass it up!
Im in the states. Libertad are difficult to get locally, but im in detroit , so I can get maples easier than eagles.
But eagles ate my anchor. I have an eagle for each ounce of foreign coin or private rounds.
@@rogerfleuryjr2308 That makes sense!
I like fractional silver and generic rounds. I have a few eagles but I don’t base my stacking on them. Thanks for your input. Great video
@@lukebarber7598Thank you!
I picked up some 1/4 & 1/2oz fractional tubes premiums are higher than 1oz but it is what it is nice to mix it up.
@@royharris7135 Good idea!
@ptaeiyI should have done a better job explaining myself on the fractional piece. What I meant to say was constitutional silver, not fractional. I do own some fractional silver, but very little. I picked up the majority of my silver when it was in the $20-$25 range, so doing pretty well. But, I am also targeting any spot deals at the moment. Whether gold or silver. Sorry for the confusion!
@ptaeiy no. I don’t have a huge stack yet. Have a small amount of fractional and yes the premium is higher. But my bulk is generic 1 oz rounds.
Except during crazy times, my lcs has about the same spread between buy and sell for both rounds and Eagles.
That's amazing! You must have a great LCS! In that case, it's a no brainer to go with Eagles. Would do the same!
American born and raised, mostly stack newer CML. Milk spots are gone and the price is right for buying and selling.
@@pastormoe1238 Definitely a good option!
It's going to take me a long long time to get used to King Charles 😅
No kidding! I still do a double take every time I see him 😂
Thank you all for the thoughts and comments! I have really enjoyed chatting with as many as I have. I have learned a lot as well. Great thoughts on both sides of whether or not to stack Eagles. Have some new strategies to try in the future!
Any coin with HM King Charles III on the obverse is good enough for me.
The only silver eagles that hold value are the proffs and treasury signed in the highest grades
No 1099 (for a bunch), most recognized in the world…
My LCS sells Eagles for spot + $5, I prefer the type ones. I really like stacking Eagles and Libertad’s
Good talk, but when you sell eagles you get more for them than a maple or brit. The premiums stay with the ASE. Sometimes shops wont even give you spot, they give under for anything else. Stack it all!
Definitely agree you should have some variety!
Eagles , Maples , Kookaburras , are fun though .
They are! Due to the premium, I wouldn't have all my stack based on them. But, not against variety.
They are i really like maples but i dont think id get a premium back on them
@@EastDallasKicks Definitely not as much for sure.
I'd tell any beginner to get a tube of ASEs before you start becoming too snobby in your stacking journey. They are always going to be the most recognizable and desirable.
I have around 50 graded silver eagles and 110 or so Ungraded, 10 of which were put in plastic round holders as consolation gifts for purchasing other graded coins. I suspect some may be not as advertised as a copper color has emerged. I should just cut that 1 open and see. They might be pulling a fast one on us all.
@@joed.twyman6355 That's quite a collection! That is odd about the color change. I have heard of silver coins tarnishing. Hoping it is just that!
The American silver eagle is the most recognized and renowned coin the world over. I will pay it. I pay even more for them if they are uncirculated or for key dates.
I try to stack 10 oz silver bars. I am pretty much going to the ounces.
@@MarineVeteran99 I lean that way personally. I would rather accumulate more ounces than pay a premium for certain coins or silver. But, I know everyone has a different take on it.
Buffalos are my primary stack preference. They are beautiful and i can get them @ 1.25 over spot.
I do like a good Buffalo Round!
If I could get a maple of any year for 3 or less over spot I'll buy it
@@EastDallasKicks I think SD Bullion has a deal this weekend where they are 2.99 over spot? If you are in the market. They go lower, but you have to buy a lot to get them.
@@KingdomSilverKC yeah I saw it but I don't pay the cheapest option they have and they still charge too much shipping haha. I only buy like 4 ozs at a time it would be cheaper for me to buy them at my LCS but they don't even have maples half the time. Matter of fact my lcs doesn't have much new silver just generics that's the only new stuff really. And eagles but older stuff
@@EastDallasKicks Fair enough! Gotta keep to your budget! I don't have an LCS unfortunately, so I have to rely on online dealers.
I give eagles to my Grandchildren because I know they are easily turned over in many places…bought them before the prices had gone crazy !!
@@claireburkus8497 So glad you were able to do that! As gifts, Eagles are awesome!
Wrong" eagles are best, most wanted- worth more- and sells for more- besides its only a few dollars more
Eagles are most trustworthy! I also noticed all my Canadian Coins are fogging up and they are stored in the same area my eagles are stored!
Sorry but I buy my eagles I'm a stacker. I love my eagles and will keep buying. I been stacking 6 years. You can always make more what you payed for on ebay
@@silvereaglestacker3109 Keep doing what you are doing then! There are some good reasons for buying eagles. While that's not how I am going about it, there are many different ways to stack. Will never tell anyone to go against their gut!
i get all mine for 30-32 a piece on whatnot so no premiums really
I like eagles and stack them I heard from other RUclipsrs that mable leafs are not good to collect they could be wrong, when it comes to silver RUclips is all over the place with it 😂
@@Jeff-y5r Everyone definitely has an opinion on the subject! Just stacking any silver is a decent move. While I personally don't stack a lot of Eagles, there are a lot of good thoughts in the comments of those who do!
I primarily stick with Britannia's because of the unparalleled security features and it's simple beauty. Queen only. I don't like Charles.
Yeah....Charles is... Interesting.
Ditto. Brits are my favorite sovereign silver coin. They're much more artistic and polished than the Eagles and just have better visual appeal. Like you, I only stack QEII's. Charles is an ass!
Milk spots
I like the Perth mint coins.
Awesome 👍😎😊
Britannia rules the seas
I look at stacking for the barter scenario so I stick with Coin Of The Realm. I have no interest in foreign coins/generic rounds&bars.
@@SirAlford Understandable. It would be easier to barter with an Eagle, all things being held equal.
a good investment, silver will be much higher in 2025
10oz Canadian bars 👌
VERMILLION CHARGES $3.50 over spot for SILVER EAGLES
@@glockumollie1230 Great price! Have not heard of them before.
Silver is silver (bullion) Get the cheapest. It's value is only in the metal.
Austrian Coin is horrible.
You want to stack the coin of your realm ... junk and eagles for Americans ,, maples for Canadians
@@briankerr4512 Definitely a junk silver fan! Premiums are in a good place compared to a few years ago.
If I don't say in God we trust I don't stack it!!! Personal preference!
@@Libertarian100000000 Fair enough! Respect that.
You had better understand this One Thing: If The U.S. Government Made It, They can also Recall It...! Yea, chew on that for a minute...
They can take it even if they didn’t “make it”
U talk like ur not happy with eagles...
@@RickieMillican I actually like Eagles! Happy to pick up some when I can. I just prefer the design and premiums of a few other coins more.
Invest in foreign countries, 🦅I stack American products.
@@williamrome2257 Totally understand that. I love being able to buy local and American when I can. However, when the premiums are drastically more than other options, it makes sense for me to pursue other options. Having said all that, do what you have peace on!
You never gave a good reason why?
My reason would be that the premiums on Eagles are (typically, not all cases) significantly higher than other silver coins. Just wanting the buyer to beware. I am unsure if they will keep their premiums long term. Many in the comments gave good points as to why you should purchase them. Many different thoughts on the subject!
Bro it’s called the coin of the realm. And today is the next day of the rest of your life. When we go to silver. You’ll see son
@@jameschriseades6846 You could be right!