 |
| Above, a 2025 American Silver Eagle I bought last year. Photo by Armand Vaquer. |
Over the past several years, I have been buying American Silver Eagle coins each year. The last American Silver Eagle I bought was a 2025.
Based upon the following, it looks like I won't be buying any 2026 American Silver Eagles.
Resell Calendar reported:
The US Mint dropped massive price increases across their silver lineup yesterday, with some coins rising nearly 90% from previous prices. Silver tripled from $30 to over $90 per ounce in the past year, and the Mint finally adjusted pricing to match. This kills most reselling margins on Mint products going forward and significantly impacts anyone holding subscriptions for automatic shipments.
New Prices on US Mint Silver Proofs
The Mint had been sitting on pricing that didn’t reflect reality. When silver was $30-40 per ounce, selling uncirculated Silver Eagles at $91 made sense. But silver climbed to a record $93.77 on January 14 before settling around $89-90 currently. That’s a 200% increase in basically one year.
The Mint temporarily suspended silver sales earlier this week to implement the price changes. Products started coming back online yesterday with the new pricing. The 2024 Uncirculated Silver Eagle that retailed for $91 is now $169. The 2023 version also jumped to $169 from its previous $91 price point.
To read more, go here.
No comments:
Post a Comment