Silver Bald Eagle Coin from Samoa, Silver Hits a New All Time High!

Today I am feeling very fortunate. After reading the post that @bozz posted today with ice everywhere from freezing rain, it made me remember why I moved to southern California in the first place. This time of year the northern hemisphere can get chilly, so I moved to a place where I wouldn't have to worry about that fun stuff! It's a wonderful sunny day here, so as I said, I am feeling very fortunate!

Silver prices hit a new all time high again today, surpassing $85 per Troy ounce. That's pretty amazing and the run is far from over. But more about that later on in the post.

First, I wanted to share an item I ran across while browsing some silver products on APMEX.com. They are one of the biggest precious metal dealers around, and have just about anything your heart desires. Assuming you heart desires silver or gold that is. This year is the 250th birthday of the United States of America and it seems that countries around the world are producing commemorative coins for the event.

Samoa decided to show everyone else up by producing the coolest coin of the year. A silver statue coin of a bald eagle! That figure isn't just a sculpture, it's an actual silver 3 Troy ounce coin from Samoa. Although they don't implicitly state it's for the 250th birthday celebration, it is a bald eagle which is the national symbol of the US. What a nice creation!


From apmex.com

About the coin

From numista.com

As Samoa doesn't have their own mint, MDM Mint which is short for Münzhandelsgesellschaft mbH & Co. KG German Coin is producing this beauty. They make great quality products! Only 999 will be produced, ands will likely sell out very quickly just like the cobra coin did. No price has been set yet, but with three Troy ounces of pure silver and the artistry this will not be a cheap item. It's one I would love to pick up, but we'll have to wait and see just how high the price is once they are released!

Silver

Silver is once again flying high up those charts, and a new all time high has been set again. The supply shortages are becoming critical in some industries and they are buying up all of the silver they can. Without silver your smart phone wouldn't work, nor your computer, your car, airplanes, etc. The list goes on and on. It's a critical metal in industry and not enough is being produced through mining and refining to even remotely keep up with demand. That means $100 silver is likely just around the corner.

Here the chart over the last month on silver prices, it's pushing northward rather quickly:


From kitco.com

If you haven't started a silver stack, now is the time before the prices go any higher. The important thing is to start and keep investing. Soon you will have your own nice stack of silver and even gold if you so choose! Silver and gold have always been money throughout human history, and that won't change any time soon!

That will wrap up my post for this Monday, I hope you enjoyed seeing that awesome silver coin in the form of an eagle sculpture! Please feel free to leave any comments or questions below, and thanks for all of your support. It's greatly appreciated! Have a great week everyone!

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References:

https://www.apmex.com/product/321966/2026-samoa-3-oz-silver-3d-eagle-shaped-coin-box-coa

https://www.kitco.com/charts/silver

https://en.numista.com/500923

Disclaimer

I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!

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9 comments

Go silver Go! We don't have earthquakes though! I mean, not like they do there. Sometimes we feel a rumble or two.

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It just going to keep going up... Earthquakes do suck, fortunately no real big ones have happened here down south in some time. Crossing those fingers!

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What an awesome way to stack three troy ounces of silver my friend an American Eagle!👍🤗
I have been watching the precious metal market today, it looks like it’s going to fly much higher!💪🤗

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It's pretty cool, but going to be very expensive. Probably way outside of my budget... Silver keeps on going up!

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Amazing that it went over $88 an ounce and then apparently got slammed back down to $86…
I checked Stocks they were dropping… I checked bitcoin it was up over 94,000. It’s almost like it’s a big game with the Whales!😇

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Thats a very sweet eagle!

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Too bad I won't be able to afford it with silver prices so high!

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An American eagle at its best... a beauty!
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It's a beautiful coin!
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(edited)

As you may already know, I was able to get in on the ground floor of Silver… It all started with the Silver Dollars I was able to pick up at the Bank for One Dollar each… Lately, I’ve been picking up $1 Clad Coins at the bank for One Dollar each… I must be aware of what’s heading our way…

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Getting in on silver early was a smart move. Things aren't getting better any time soon!
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Actually, Common U.S. Coinage will out perform both Silver and Gold, but nobody sees it coming…

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The eagle coin is very detailed and beautiful

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I would love to collect that silver bald eagle coin

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