The American Silver Eagle is one of the most beautiful and sought after silver bullion coins. We are long term fans here at https://www.preciousmetalsinvesting.com. Ever wondered how they are made? Here’s a behind the scenes look from the US Mint at West Point. Besides the fascinating look at how the coins are made one of the interesting points was the graph that showed the tremendous growth in production from 1986 when the silver eagle production was first started. Even with this tremendous growth in production the Mint is hard pressed to meet the tremendous demand as more people come to realize the potential of investing in silver. As the video pointed out there are about 12 vendors the mint deals with and if you have visited some of their sites lately you will often see the sold out sign.
hey guys check out my silver and gold collection thanks
Buy on a low and DONT sell at all!!!
Silver is down -8.4% from last year.
Silver is up 54% from two years ago.
Time to buy. Silver is in a dip.
You will be happy soon… silver will drop again and again lol. Just look at 2008 recession… it’s a begining. You will be rich soon!!
Right because im pretty sure monday was the best day to buy silver it hit like 650 for 20 eagles so smd. Your commenting on shit tht happened over a month ago
@xchris109x they aren’t raising margins you clown! they actually are dropping them! They are raising maintenance. The price isn’t getting crushed!
I live by northwest territorial mint… be jealous! They pay spot price… not like those slimy bullion shops
I bought in again at 31.80, if it slips more in the next few hrs I’m loading up the boat ! :o)
Nice… I did the exact same thing, Picked up 10 ounces myself at just over $30 an ounce! Keep Stacking!
hahaha why would you pay a 15% premium on silver when it did a big dip…hahah I get sunshine rounds at 1.50 over spot…well drink up me hearty yoho
It be Gold and Silver Im after!!! Yo Ho Yo Ho a Pirates life for thee
@mcrcph Let’s hope so! The swing is big! holy cow..$41 to $29.76 in 1 week!
@xchris109x I agree with you. I think comex is crushing the prices on purpose.
Im waiting until monday to make a large purchase I think the margin increases are an attempt to crush the prices.
americansilvereagles.calm has good prices
awesome! I waited
The drop seems over @ $30’s and Silver will back up next week monday… I’ll buy more.
@stangGTKKK187 I don’t use credit card 🙂 but if you are, good for you! damn those stupid banks. Keep stacking my friend!
@BMWg84 I totally agree with you, keep stacking and do not sell your silver 🙂
@fishstick1978 Nice keep stacking! dropped more today to $30.44 Keep stacking!
@TheyKNOWandYOUdont you are right! Silver is dropping since this morning! Yikes, $30.44 right now. Keep stacking!
30.57 at Noon…
just pickup 2 1986 American Silver Eagle Coin Brilliant Uncirculated for $99.16 from provident metals..Like you I should have waited until this morning… 🙂
In any bull market corrections are VERY VERY healthy. Time to start buying y’all
been waiting for this dip….time to max out those chase card
they purchase the blanks from Sun Shine Mint.
i can see the US mint is WAY OVER STAFFED
@p154831 correct, we can buy new stamps from post office, not from philatelic dealers. We can get new paper dollars, and non silver coins from banks at face value. This middle man cut for silver and gold eagles must banned
that’s bs. I believe that the general public should be able to buy direct.. They are just giving money to the jews though
to hell with the federal reserve system
I like the blanks! wish I could collect them..
@chop98 I hear you, but the Mint simply can’t handle retail sales, which is why they have approved purchasers.
cool video. I love these coins!
You guys should produce a limited version of the Eagle with a new design every year. You can make the traditional design and mass produce it like usual but in addition make like 1 million with alternate images of the eagle. You could charge extra to cover the costs and make a profit. Give Silver Eagle collectors something more then just collecting dates.
@stripe64 My point exactly. If the mint is for the American people, then how is it that only 12 purchasers are allowed? Just like Wall Street, the power of the economy/units in the hands of a few is a dangerous thing. Notice how they all had the frenzy over the 5 oz. coin collection? It’s a way to generate another racket. Everybody should be allowed to purchase. Ya know?
proud to be the only person to dislike this. the state should keep it’s hands off of precious metals. grrrr.
Notice No one inspecting the coins for defects, the machine stamped the coin.
and a robot could pack them faster without scratching.
where did they find those people LOL
@chop98 There are only about 12 approved purchasers on the mints list. The “general public” isn’t one of them.
The approved purchasers get the metals at wholesale I believe. Things like the America the Beautiful 5 oz bullion coins are only sold to approved purchasers.
Let’s see gold next.
wow 12 purchasers of monster boxes ..account for the sales of silver eagles ? is that what it means ?
@Ivestor1 lol for me to get a new job title and I lived near this area
One would imagine that an “approved purchaser” would be any member of the general public. A dozen purchasers could really wreak havoc on the secondary market should silver sky rocket in the future. Does that have anything to do with an outside private entity (Federal Reserve) having influence over the original printing press for the United States of America? We all know they don’t want competition on their cash debt money cow. 🙂
The tuber puts the coins into the tube. LOL Nice job title. I’m a tuber.
@bdsmith1942
They never said anything about the coins being proof. All the billion coins in this video are mint state.
If this is a video about the distinctive video about the West Point minting program will there be a future video showing how San Francisco mint has adapted to also being a producer of silver bullion strikes?
The video is talking about bullion coins, not proof. They’re two different coins.
Wow.