Can You Buy Silver Eagles From a Bank?

The U.S. Mint has stated that they offer Silver Embryon coins exclusively to authorized customers. These “authorized purchasers” act as a double market, offering buying or selling options to wholesalers. Therefore, banks may not have access to these coins.

If you acquire one by chance, it may not hold much value. Purchasing Silver Eagles from a specialist like Accurate Precious Metals is best. They only sell authentic coins and offer superior customer service, so you can have peace of mind when making a transaction. With Accurate, you can be sure that your Silver Eagles are of the highest quality and that you are getting a fair price. So if you have been wondering where to buy American Silver Eagle coins, remember: buying from a specialist like Accurate Precious Metals is your best bet!

Why Do Some Banks Sell American Silver Eagles?

Banks typically sell American Silver Eagles as part of their bullion services, which allows customers to invest in precious metals. The American Silver Eagle is a recognized currency; it can be purchased from several banks and financial institutions. Due to their quality and long-standing history, most banks that offer bullion services will carry American Silver Eagles. Furthermore, many banks will store the coins in their vaults or through third-party storage facilities. This trusted partnership between clients and their bankers minimizes the risks of holding physical assets like silver coins.

Banks are increasingly carrying American Silver Eagles as the coins provide a way to diversify their portfolios and offer an attractive asset that appeals to investors and collectors. Additionally, banks can often purchase the coins in larger quantities than individuals, which allows them to take advantage of bulk pricing discounts. This means they can either profit directly from selling these coins or pass on the savings as a benefit to their customers. Silver Eagles are also considered suitable long-term investments due to their relatively high liquidity, meaning banks can quickly liquidate their holdings with little effort. As such, it’s easy to see why some banks carry American Silver Eagles in their vaults.

Why It’s Not Ideal To Buy Silver Eagles From Banks

Buying Silver Eagles from banks is not ideal, as they often charge high prices for little coins. Banks’ pricing includes a significant markup, and the selection is typically limited to a few types. Moreover, banks are not coin experts and lack knowledge of their products compared to third-party dealers. This makes it hard to verify the authenticity or get advice on purchase decisions. For more options and reasonable pricing, consider third-party dealers instead.

B usually mark up the price of American Eagles by a significant amount, meaning that the buyer pays much more than what they could get the coins for from other sources. Depending on the bank, this markup can range anywhere from 10-50%. As such, it’s best to research third-party dealers before buying American Eagles from banks to get reasonable pricing and better selection.

American Silver Eagles

An American Silver Eagle coin is one of the most popular coins to invest in. The Silver Eagle was first introduced in 1986 and has become a mainstay of the American bullion market. The Liberty Coin Act is a vital historical cornerstone that introduced valuable coins to the world. This act, which authorized the U.S. Mint to mint gold bullion coins dubbed the American Eagles, was established after a three-year legislative odyssey through Congress in 1985. Since the first eagle coins were produced in 1986, they have been issued annually with great success.

American Silver Eagles have been issued annually with great success due to their high quality and attractive features. The coins are composed of a full troy ounce of .999 fine silver, making them some of the purest silver coins in the world. Additionally, the coins feature a unique reverse design each year, adding monetary and aesthetic value to the cash and historical significance. Due to the production of American Silver Eagles by the U.S. Mint, these coins are highly trusted amongst coin collectors and investors alike.

The U.S. Mint has a long-standing history of producing high-quality coins and currency, dating back to the 1790s. This history, combined with the fact that these coins contain a full troy ounce of .999 fine silver, provides investors and collectors a sense of trustworthiness regarding the value and quality of American Silver Eagles. Furthermore, given their incorporation into the U.S. legal tender system, these coins are backed by the government’s assurance that they will always maintain their face value. As such, investing in Silver Eagles is seen as a sound financial decision and an investment in America’s rich heritage.

Why Buy Silver Eagle Coins?

Purchasing from a reputable dealer has many advantages. Customers can be sure the coin is genuine, and it’s even more attractive that it’s produced by the U.S. Mint, backed by the U.S. government.

American Gold Eagle coins are one of the world’s most popular and trusted gold coins. The U.S. government backs them, so there is an assurance of quality, authenticity, and security when purchasing. These coins come in various sizes, from 1/10th ounce up to 1 oz., making them accessible to investors of all sizes. The coins also feature unique designs, adding an aesthetic element that has made them highly sought after by collectors over the years. Furthermore, they are much easier to purchase than other bullion options since they can be purchased directly from primary dealers like Accurate Precious Metals with online ordering convenience.

Silver Eagles are also a great alternative to other silver coins for investors. They have a higher purity than some of their counterparts, with an impressive 99.9% purity rating compared to most government-minted silver coins that typically have only .999 or .925 fineness. Additionally, the high quality and beauty of the designs on Silver Eagles make them a more attractive option for coin collectors looking to add a unique design to their portfolios. Furthermore, Silver Eagles are much easier to sell than generic rounds and bars due to their status as official U.S. currency, making them more desirable in buyers’ eyes.

Unlike proof coins sought after by collectors for their design and finer details, Silver Eagles offer superior quality and purity compared to currencies like coin rolls or half dollars made from copper-nickel alloys. Investing in Silver Eagles is an excellent option for investors who want to purchase high-grade silver coins.

Iconic Silver Eagle Coins and Their Timeless Appeal

Since its debut in 1986, the American Silver Eagle has been hailed as an iconic coin – a symbol of prestige and distinction. Unique in its class, it’s the only silver bullion coin crafted by the U.S. Mint, garnering immense value in silver content and collectability. With an evocative modern front honoring Adolph A. Weinman’s Walking Liberty Half Dollar and striking Heraldic Eagle imagery gleaming on the reverse – compliments of revered artist John Mercanti, the American Silver Eagle appeals to investors, collectors, and numismatists alike. The coin’s exquisite design is rich in history, and with a face value of one dollar, it is easily accessible and widely sought-after.

Coin collections come in all shapes and sizes, but a few have become particularly renowned. The Morgan Dollar collection is an iconic set of coins spanning five decades of the United States’ history. The American Silver Eagle collection is one of the most popular series among collectors. These coins contain a full Troy ounce of .999 pure silver each and feature stunning design elements to make them even more desirable. Other collections include Half-Dollar sets, Gold Amercian Eagle Sets, and Kennedy Half-Dollar Proof Sets. Collectors looking for something special should consider the Certified Numismatic coins for high-quality pieces with long-term value potential. With its enduring popularity, the American Silver Eagle will remain a staple in coin collections for many years.

Buying Silver Eagle Bullion Coins

These coins can be purchased in tube quantities of 20 coins by a coin dealer or authorized provider. The United States Mint also doesn’t directly sell the coins to consumers. The majority trade at similar levels, but some sell slightly cheaper. Silver eagles were also more common in the 1980s, as were the 1980s and 1990s. Additionally, original silver Eagles rolled since 1999 have been in slightly better demand than silver Eagles produced after 2000.

The United States Mint does not directly sell American Silver Eagle coins to customers because the government does not want to influence the precious metal market prices directly. Having authorized dealers, like coin dealers and trusted providers, buy and sell American Silver Eagles in bulk quantities (typically 20 coin rolls) creates demand for the coins without distorting the silver market prices. This helps to ensure that investors receive fair value for their silver investments. Only allowing approved dealers to handle transactions helps protect consumers from potential fraud and counterfeiters.

Selling Silver Eagle Bullion Coins

American Silver Eagle coins are popular among silver investors, making them easy to sell through a network of authorized bulk dealers. This creates a reliable system for investors to find trustworthy buyers who offer competitive prices to liquidate their investments without market disruption. Moreover, the authentication process for American Silver Eagles provides extra consumer protection against potential counterfeiters when making transactions. Therefore, researching potential buyers is always recommended when selling silver Eagle coins. Accurate Precious Metals is the optimal choice if you are looking for a reliable and secure way to sell your silver eagles.


Accurate Precious Metals is not a financial advisor. These articles are for reading purposes and must not be taken as fact and you must do your own research on laws and rules. Before making any financial decision consult a professional financial advisor, attorney, or CPA.