Introduction to Silver Monster Boxes
Gift hampers and boxes always make for exciting purchases; the same holds true for silver, too. Instead of opting for one silver coin at a time, a silver monster box can be a great way to invest. This way, you build up your silver stash faster; most importantly, the premiums remain low. However, it is important to note a few points before making your purchase
What is a Silver Monster Box?
Monster box is a versatile and secure storage format for bullion coins. It’s a sturdy plastic container that holds 500 coins, divided into neat rolls encased in plastic tubes. These tubes are placed in a row, side by side, and the arrangement is perfect in symmetry . It also has a lid that bears the mint logo. It additionally has a tape bearing official information about the mint; the box has not been tampered with. Clearly, a silver monster box is a good choice if you’re seeking to preserve your silver investment
Monster boxes are the universal packaging tools for numerous mints, including the US Mint, the Canadian Mint, and the Perth Mint. Though many mints worldwide have their facilities manufacturing silver coins, only mints in North America and some in Europe and Australia send their products in monster boxes. This specialty container is limited to accredited bullion dealers, who then sell the boxes to the public. So, if you want to invest in bulk, a silver monster box is a fantastic option!
Benefits of Investing in Silver Monster Boxes
Bullion investors have several advantages when opting for monster boxes instead of individual coins or smaller groups.
- Protection: The packaging of the coins is well done in a hard and thick casing. This prevents scratches or damage to the coins in the course of shipping.
- Authenticity: Monster boxes are delivered sealed and accompanied by a certificate from the issuing mining company to minimize the possibility of getting mixed up during sorting and dispatching.
- Storage: Ideal for home storage, a silver monster box simplifies how investors store bullions.
Monster boxes can either be purchased sealed or unsealed. A sealed box implies the contents are unaltered. This provides a uniform set of 500 coins from a single mint that collectors find valuable. On the other hand, unsealed boxes may cost less because the respective set may contain an assortment of coins. While unsealed boxes can be a good option, they typically demand a lower premium due to this variability.
Popular Silver Coins Available in Monster Boxes
Several countries produce silver monster boxes, but a few have become particularly popular among investors:
- Silver American Eagles: These come in a green, silver monster box with 500 coins in 25 tubes with 20 coins in each tube. This coin has the American Eagle emblem on the obverse side, while the reverse side features Lady Liberty. The face value of the coin is $1 USD.
- Silver Maple Leafs: Minted by the Royal Canadian Mint, the Canadian maple leaf silver coin is the most popular in the world. The nominal value of each coin is 5 CAD. The standard monster box is mostly yellow, but depending on the season or other special collections, it may have a different color.
- Silver Philharmonics: These coins by the Austrian MinMintve have a face value of €1.50. Their monster boxes used to be high-density cardboard but are now plastic and red in color. Like the others, these boxes accommodate 500 coins in 25 tubes of 20 coins each and are popular among European investors.
- Silver Britannias: British Royal Mint produces Silver Britannia as a coin with a face value of £2 GBP made from one ounce of pure silver. TThese coins come in a black monster box that have 20 tubes of 25 coins.. They are particularly popular in the UK due to tax advantages and among British expats living abroad.
Final Thoughts: Is a Silver Monster Box Right for You?
Buying a silver monster box is a popular choice for investors wanting to acquire larger quantities of silver. Silver coins typically offer higher quality finishes, are produced by reputable mints, and hold legal tender value. This makes them a smart investment choice. Ready to invest in silver coins? Buy your monster boxes today from BOLD Precious Metals!
