Lot Number:26
Start Time:5/30/2024 4:00:00 AM
End Time:6/16/2024 10:12:30 PM
Bid Count:13
Winning Bidder:r****t
Starting Bid:$1.00
Bid Increment:$2.50
Current Bid:$41.00
Bidding complete

The Silver American Eagle is a one-ounce silver bullion coin produced by the United States Mint since 1986. Its value depends on two main factors:

  • Spot price of silver: The spot price is the current market price of silver per troy ounce. Silver American Eagles typically sell for a premium over the spot price, but this premium can fluctuate depending on market conditions.

  • Type of Silver American Eagle: There are two main types:

    • Bullion Coins: These are the most common type, minted for investment purposes. Their value directly reflects the spot price of silver plus a premium from dealers. Right now, as of June 2nd, 2024, silver spot price is around $30.23 per ounce https://www.monex.com/liveprices/, and based on retail listings, Silver American Eagle bullion coins can be found around $34.64.
    • Proof Coins: These are specially minted collector versions with a sharper finish and a different design element on the reverse. Proof Silver American Eagles can have a higher premium over the spot price due to their collector value. The price can vary depending on the specific year and condition, but they can typically range from $75 to $110 or even higher for older issues.

Here are some resources to find the current value of Silver American Eagles:

  • Online Bullion Dealers: Many reputable online bullion dealers list selling prices for Silver American Eagle bullion coins.
  • Coin Pricing Websites: Websites like PCGS CoinFacts (https://www.pcgs.com/coinfacts) or NGC Coin Explorer (https://www.ngccoin.com/coin-explorer/united-states/) offer price guides for both bullion and proof Silver American Eagles. However, keep in mind that these might not reflect the exact real-time prices.

Things to consider when buying Silver American Eagles:

  • Where to buy: You can purchase Silver American Eagles from reputable coin dealers, online bullion dealers, or even some banks.
  • Storage: If you plan on collecting them, proper storage is important to preserve their condition and value.
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United States