As is the case with many products, it pays to buy silver in bulk. On a per-unit basis, you get prices that are closer to the spot price than you would buying the same silver piecemeal.
The Monster Box offers you an excellent way to achieve that goal. Barring limited time offers, you can expect to pay anywhere from $1 – $3 less for each piece you buy as part of a Monster Box.
Monster Boxes come with the assurance that the bullion coins inside will be high-quality, undamaged pieces. If you are trying to build your silver portfolio significantly, Monster Boxes are an easy way to do so. So, let’s discuss these options in greater detail.
A Monster Box is a hard plastic container that comes with a large number of silver bullion coins inside it. Generally speaking, most Monster Boxes contain 25 plastic tubes, with each tube holding 20 bullion coins. So, a Monster Box purchase is usually a 500-coin transaction.
One of the nice things about Monster Boxes – aside from their durability – is the fact that they come unopened directly from the mints that produce the coins. Some of them even have tamper seals on them as an added layer of protection, and the ones from sovereign mints will bear both the mint’s official seal and a statement of authenticity inside. The mints themselves only release their monster boxes to approved vendors like JM Bullion.
The coins inside vary in terms of purity and weight. However, most of them are bullion coins that are specially-made to bear the highest levels of purity. The American Silver Eagle monster box contains 500 Silver Eagles minted at 99.9% purity. The Canadian Silver Leafs are even purer coins, with a silver content of 99.99%. By and large, the silver coins are 1 troy ounce of silver each.
Because the coins are afforded separate layers of protection between their individual tubes and the monster box itself, they are fairly resistant to rough treatment in transit.
Monster boxes certainly live up to their name. A standard 500-coin box, as described above, contains coins that collectively weigh approximately 31.25 pounds. Additionally, these boxes are substantial in size, measuring over a foot in length and nearly nine inches in width.
As mentioned earlier, monster boxes represent the most cost-effective way to purchase silver coins in bulk. While individual bullion coins can carry significant premiums over the spot price—often exceeding 20%—the same coins can be obtained at a lower markup, often under 20%, when purchased as part of a monster box.
The savings can be substantial. For example, a single monster box of 500 coins can cost over $1,000 less than buying the same 500 coins individually.
For those already planning to acquire a large quantity of silver coins, purchasing a monster box also simplifies the process. These boxes are expertly packaged by the mints themselves, ensuring security and ease of storage, without the need to manage multiple separate containers.
Moreover, monster boxes are highly liquid assets. They are widely recognized within the coin collecting and precious metals communities, reducing any potential concerns when it comes time to sell the box or a portion of its contents.
Purchasing a monster box of silver is undoubtedly a significant decision. However, for those seeking to enhance their investment portfolio quickly, efficiently, and with a lasting impact, a monster box is among the most compelling options available.
If you’re ready to buy, we’re ready to help. You can either log into your account and purchase through your cart, or you can give us a call – we’ll walk you through everything and answer any questions.