With 2015 being a year that saw the lowest gold and silver prices in 6 years, coin collectors and precious metals investors jumped at the chance to add to their position at record lows. The U.S. Mint, and many other sovereign and private mints from around the world, felt the burden of increased demand. Indeed, for a time the demand for US Mint silver products exceeded production.
So which coins performed best in 2015, and which do you expect to perform best in 2016?
2015 1 oz. American Silver Eagle
July was a busy month for the U.S. Mint as demand for the American Silver Eagle soared to such a level that the U.S. Mint had to halt sales of the popular silver coin. Around the world the demand was felt as buyers flocked to buy up silver. The Royal Canadian Mint and Australia’s Perth Mint saw a surge in silver sales following the U.S. Mint’s sell-out.
2015 5 oz. America the Beautiful Silver Coins
The 5 America the Beautiful coins released in 2015 sold out very quickly relative to other releases. The designs featured such places as Homestead National Monument, Kisatchie National Forest, Blue Ridge Parkway, Bombay Hook National Wildlife Refuge, and Saratoga National Historical Park.
2015 1 oz. American Gold Eagle
Last November, the U.S. Mint announced it had sold out of the 1 oz American Gold Eagle coin. An abundance of consumer interest in 2015 and gold’s further decline in the second half of the year, helped gold sales at the U.S. Mint to surpassed the previous year’s numbers.
Looking Forward to 2016
Low mintages and increased demand may be a recipe for future profits. Be sure to stay informed about upcoming releases so you can make informed decisions based on both price, and availability.
At Provident Metals, it’s our goal to keep you informed. Continue browsing our blog and knowledge center for more information about U.S. Mint coins and other coin investment news.
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I am accumulating metals with the long term intent of leaving it for my daughter. If for some reason I am required to sell before that time, am I better off having sovereign mint coins than private mint rounds/bars? Private mint products are somewhat lower premium…what’s the downside please?
We have people in our office, and customers, who argue both sides. There really is no downside to either. Many of our customers like to purchase silver as close to spot as possible (private mints) and expect to receive spot when they sell. In that case you would have more money tied up in silver than in premium. In a SHTF scenario, many investors think sovereign will be better because it’s more recognizable globally and easier to authenticate, and more people will be attempting to counterfeit silver. We sell a lot of 100 oz bars for example, and the reason people like them is because you get more silver for your money, which is what you get when you buy private. BUT…no stacker is going to fault you for owning only sovereign. Again, it’s really up to you… there’s no wrong decision. When in doubt, diversify. A little of everything is never a bad strategy.
What is the “intent” for the daughter? Wealth, buy rental property or stocks that pay dividends and give to her for income production.
I have a “core” of generic silver, a collection of 20 government bullions for each year, so 10 years is 200 ounces. And some to possible turn (flip) in the future. But to suggest buy and hoard is not sound. Example, say purchased 1000 ounces for $5+ from 2000-2005 for a total of $6000, today that would be worth about $15,000 but if would have sold near high of $48 in 2011 that $6k could have been $45-$48k, in effect by holding long term lost potential $30,000.
Now I am working on a 20/21 century coin set for an inheritance that uses family history. Of the initial 40 coins for 20th century 19 are silver. Using halves for the men, quarters for the women, dimes for marriage years. Where possible the newer years are Silver Proofs. My grandmother was 1921, look on eBay for a good conidition 1921 standing liberty quarter, something decent is $500-$1000, what will that be in another 20-25 years.
Is Provident Metal still going to make the 5oz Zombucks coins, or did you scrap the program?
It’s on hold for now. We haven’t completely ruled it out, but as of this moment, we’re not planning to produce those. If that changes we’ll be sure to let all our Zombucks purchasers know. Thank you Daniel!
I’m collecting the landmark series. Will Provident be putting out a display box or case for this series? Also how many rounds will be in this series?
Hello Dan,
This is an elemetal series. We haven’t heard anything from them about a display box, and they have not said definitively how many rounds will be in the series.
Curious as to why you don’t carry Sunshine Mint products. All the other big name online dealers do.
We don’t have anything against the Sunshine mint. We do have a handful of their products (currently out of stock) but we have negotiated better prices and found inventory and availability to be dependable via other mints, especially our own (Elemetal Mint), where we have infinitely more control over subject matter and availability. We do our level best to source the best and most affordable products possible. There’s no telling really, we could offer more sunshine products in the future if we’re able to conveniently provide value to our customers.
I would like to buy 1000 Morgan dollars junk condition. How much ?
Hello Greg, you can shop here for Morgan Dollars. You can easily buy 1000 Morgan Dollars in various conditions but we don’t currently have a product that includes 1000 cull Morgans only. But we think you can easily find what you’re looking for using that link.
I just bought 10 of the canadien maple leafs with the privy mark tank. this coin celebrates the 100 anniversary of the 1st world war. do you think they will increase in value with time?
Privy marked coins have historically increased in value. Of course there’s no guarantee but we’re confident in the value of these coins.
I love the privateer round series ! Will there be any additions ??
As of now, we have the privateer rounds and bars only. But, we DO have something exciting coming… as always!
Yay! Also make more Pirate coins!!!!!!!!!!!!!!!! YARRRRRRRRG
WHOA! Wait a minute!
How did I miss the Privateer bars?!?
Where can I get ’em
I have the Privateer Rounds with the Ship, the Siren, and the Captain.
What did the bars look like?
Hello Garry, are you talking about the Provident Prospector bar? As far as we know, there has not been a privateer bar. Here is the prospector bar: http://www.providentmetals.com/provident-prospector-1-oz-999-silver-bar.html