January 4th, 2013
Silver still holding its own as a solid investment
It’s everywhere. You can’t turn on the television without being bombarded by commercials touting silver as an investment. Though nearly every channel seems to feature pitchmen pushing the precious metal, you don’t have to call some unknown company to satisfy your appetite for the precious metal in this New Year, as Coins of America can meet all your silver needs in 2013.
Through its encompassing selection of American Silver Eagles, Coins of America gives both collectors and bullion investors alike plenty of opportunities to find just the piece they’ve been searching for at a time when silver has become a hot commodity. Over the past few years, in fact, silver has joined gold bullion among the ranks of highly sought-after precious metals, as evidenced by its dramatic price increase over the last decade.
To give you an idea of demand for the commodity, consider that the price of silver muddled around the $5 per ounce mark back in the early 2000s. That’s a far cry from its closing price of $30.72 an ounce on January 3. For those of you doing the math, that equates to a price jump of more than $25 per ounce, or an increase of some 500 percent since around 2003. Though silver has come down a bit from its all-time high spot price of $49.51, which it touched in early 2011, the commodity is still seen as a valuable investment that could experience further long-term appreciation based on the loose monetary policies of the U.S. Federal Reserve and fears that those policies could eventually bring about high inflation.
For coin buyers still hoping to jump on the silver bandwagon, Coins of America offers Silver Eagles from every year dating back to the series’ premier in 1986, including the recently released 2013 edition of the silver standby. These eye-catching coins, which are composed of .999 fine silver, come packaged in an attractive velvet box that not only serves as an excellent way to protect your investment, but also as an attractive display option for collectors who want to show off their silver stash. In addition to offering single year Silver Eagles, Coins of America also provides plenty of ways to pick up multiple coins in a single shot through two- and three-coin collections, including the 25th Anniversary Set released in 2012 and American Eagle Silver Proof Sets.
Check out COA’s Silver Eagle offerings today before demand for the precious metal takes off again!