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If you favor Silver American Eagle coins, proof sets and special occasion medallions for your precious metals investments, you may run across GoldnSilver. Not to be confused with GoldSilver.
Are you sure that GoldnSilver the right company for you to collect from? Let’s explore and find out.
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Pros & Cons of GoldnSilver
GoldnSilver has been in business for 36 years. They seem to be known mostly for their Silver American Eagle coins. They are happy to help you make a purchase to fit just about any investment strategy.
They match their spot prices to the New York Commodities market. They are also based on the premiums by the Mints or dealers that they purchase their coins from.
Silver American Eagle Bullion
When you click on GoldnSilver’s “Shop” tab, the first bullions listed upfront are their Silver American Eagle collections. They have American Eagles from almost every year between 1986 and 2022.
The Silver American Eagle coin has a rich history. It is based on Adolph Weinman’s “Walking Liberty” half dollar that was used between 1916 and the late 1940’s.
It passed it’s 35th anniversary of being in circulation with the American Eagle Coin Program in 2021.
The Silver American Eagle has guarantees of its weight by the U.S. Government. Each one has a minimum of one troy ounce of 99.9 percent pure silver. They are allowed in IRA’s.
One reason for the American Eagle’s name is that until 2021, it depicted an eagle carrying a shield with a single olive branch in one talon and an arrow in another. The design was said to represent the strength and endurance of the U.S.
Since 2021, however, the reverse shows the eagle coming in for a landing with an olive branch. The new collection also has updated security features, such as the reeded edge.
The Silver Eagles that GoldnSilver currently has available include:
Mint Proof Sets
GoldnSilver currently has in some proof sets in stock.
The reason that proof coins are called what they are is actually due to their manufacturing process. They’re made with even higher premiums than uncirculated coins. They are made with sharp mirror-like detail.
They are not designed for general circulation. They are made specifically for collection, special occasions and coin study.
The proof sets that GoldnSilver currently has in stock include:
Medallions and Bars for Special Occasions
GoldnSilver currently has bars and medallions available for the following special occasions:
If you really want to invest in Silver American Eagle coins, proof sets or special occasion medallions, we recommend looking elsewhere. Even though GoldnSilver has an A+ rating with BBB, there are currently no ratings or reviews about them anywhere.
The fact that their website is currently under construction, they have no live chat available and have not been keeping their blog current also makes it a questionable investment risk.
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