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The most valuable Silver Eagle is a 1999 PCGS graded MS70 Silver Eagle. It was the first to sell at auction for over $13,000! Certainly, an extraordinary amount for this coin in perfect condition. The price shows that the numismatic value far surpasses the value of its silver content.
A 1994 Silver Eagle in perfect MS70 condition comes in as the second rarest and most valuable. This coin sold at auction for over $11,000. This is only the second five-figure Silver Eagle coin! In addition, its price is 200 times its silver content.
In bronze or third place position are a couple of 1990 Silver Eagles. Of course, they are also in perfect condition. Both sold for $3,600. One in 2019 and the other in 2020. The sales of these coins were all document on greysheet.com
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Over the weekend of January 31st, the silver bullion market caught fire. In this Silver Market Update you'll find the “reddit crowd”, the same folks that fueled the Gamestop stock frenzy shifted their attention to the silver bullion market. They went after the ETF for silver (SLV), and silver mining stocks. As a result, the price of silver jumped 8% on Monday and many silver stocks surged as much as 40% in a day. Then, as quickly as it started, the price of silver subsided Monday evening into Tuesday. This was a direct result of the futures market raising margin requirements on silver contracts
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Rare Spanish silver called 4 Reales are coins that we've never seen before. Moreover, certainly not in such high of a grade. These coins were struck by Ferdinand and Isabella. The two who reigned over Spain jointly in the late 1400s, together known as the Catholic Monarchs.
Ferdinand and Isabella of Spain were responsible for funding Columbus' journey to the New World. Silver Four Reales were the circulating currency back in the late 15th century. Some of them are probably the same coins that help to fund these trips. It is important to note, that Explorers didn't intentionally venture out to discover the new world in the Americas. All they wanted to do was to gain wealth. Their intention was "finding a new trade route to China that would bypass the Mediterranean."
You've come to the right place to learn all about rare coins. We want to Welcome to our new Rare Coins Blog.
Since 1989 Austin Rare Coins & Bullion has been an industry leader in precious metals and rare coins. We have rare coins from all around the world. This blog is designed to highlight and discuss our most interesting and unique inventory highlights. For instance, it may be a 2,000 year-old Roman coin, or a rare issue minted during the Civil War.
On this blog you will find the best we have to offer. We also want to share some fun and useful information. This is so you can understand better the fascinating world of rare coins.
This rare coins blog is an information tool. We hope