While Silver Eagles are available, we would recommend that you consider low cost alternatives.
The US Mint caught market participants off guard last week when they announced that Silver Eagles were sold out.
This week they updated the situation by informing Authorized Purchasers that silver eagles will go back on sale, on an allocation basis, the week of November 17th. The allocation process means that each Authorized Purchaser will have a maximum amount of coins they are allowed to buy each week while the US Mint catches up on production.
Demand is still strong, supply is constrained, and premiums will likely stay high for the foreseeable future. The US Mint may very well be on allocation through the rest of the year and into next year as well.
We have Silver Eagles available for $3.25 over spot in quantity.
An alternative would be 1 oz silver ingots (rounds) for $1.19 over spot in quantity.
Watch this video “Should I Buy Gold or Silver” to better understand what to buy and in what percentages:
https://www.youtube.com/watch?v=e265jgbjI1Y
