Buying Silver Eagles Online

Online coin buying options vary from larger companies to small dealers, methods of payment offered, return policies, selection, and reputation. To purchase American Silver Eagle coins online, you can check out sites like As an example, you can read a lot of customer testimonials on the JM Bullion Shopper Approved page.

Options for Buying Online

Remember that shopping for proofs costs much more than the bullion coins. Proofs are minted with special consideration and finished with brilliant silver strike and luster. These coins have a “W” minted on them. Bullion can be bought as uncirculated or circulated, which is the least expensive.

The price of buying silver coins is based on the ‘spot price.’ This spot price comes from a 24-hour trading window from markets in London, Hong Kong, and New York. The price of silver changes rapidly over periods as silver is traded internationally. In addition to the spot price, there is often a premium charged, which can be anywhere between $3.00 to $6.00 depending on the dealer.

Online dealers offer several payment options starting with credit cards and they may have a limit to how much you can place on a credit card. You can pay with personal check, Money Order, or Cashier’s Check after you place your order, but each dealer has a different expectation of when your check will arrive and the order is still valid. You can use bank wires also and most companies do require not only a limit, but a minimum amount. To your benefit, these methods usually include a discount such as a 4% discount on your total order.

Years of Silver Eagles