All about Monster Boxes for Coins
What Are Monster Boxes? Everything Coin Collectors & Investors Should Know
Some collectors prefer to purchase larger quantities of coins. This is one of the reasons the U.S. Mint debuted monster boxes in 1986. The purpose was to provide investors with a simple way to transport large quantities of silver and gold bullion coins, a trend that was quickly adopted by other mints worldwide. Today, these boxes are still available and popular with collectors and investors who want to purchase silver bullion or buy gold coins. San Diego collectors should keep reading as we delve into the topic of monster boxes.
Monster Box Features
A regular full-size monster box holds 500 one-ounce bullion coins. There are variations in box designs, although the basic features are the same. The boxes are designed to be durable and secure.
Popular boxes include green ones for the American Silver Eagle made by the U.S. Mint, which holds 25 tubes of 20 coins each. The Royal Canadian Mint uses a yellow box for its popular Maple Leaf series. It holds 20 tubes of 25 coins per tube.
The various colors used for the boxes make it easy to identify which mint is sending the boxes. Boxes also come with security features such as tamper-evident packaging. Tube sizes also vary, with some holding 20 coins each and others holding 25 coins.
The coins included in the boxes are designed with purity in mind. The Canadian Silver Maple Leaf, for example, boasts a 99.99 percent purity level, which may affect prices.
Why Monster Boxes Are a Good Buy
Monster coin boxes come with several benefits. For one thing, the cost per coin is lower when you buy in bulk. It’s also easier to transport large quantities of coins in a secure box. The boxes are also easy to send as gifts or store in a safe place for preservation. Additionally, the boxes can often be insured when they’re transported for added security and peace of mind.
The Price Difference between Sealed and Unsealed Monster Boxes
While you can find open or unsealed monster boxes for sale, it’s often recommended to invest in sealed monster boxes. Buyers tend to trust sealed boxes because the coins remain in mint condition. Also, dealers tend to be more willing to buy boxes, or at least pay more for them, if they’re still sealed. Sealed boxes also tend to be graded higher by third-party grading services, which can increase the value of your purchase.
While there are many reasons to buy and sell sealed monster boxes, there are some perks that go along with unsealed monster boxes. They’re usually available at lower prices, and you can always sell your coins individually instead of in bulk, which increases your chances of quickly earning some extra cash for your coins.
Whether you prefer sealed or unsealed monster boxes, they’re a great way to diversify your investment portfolio. They’re also great legacy keepsakes that family members can treasure for many years.
Whether you’re a veteran precious metals collector or you’re new to the world of bullion coins, reach out to the experts at First National Bullion. In addition to buying and selling coins, we also offer a huge selection of gold, platinum, and silver bullion. San Diego collectors who are looking for the finest-quality coins, bars, and bullion should give us a call to speak with one of our precious metals experts.
The statements made in this blog are opinions, and past performance is not indicative of future returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors. First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. The decision to buy, sell, or borrow precious metals and which precious metals to purchase, borrow, or sell are made at the customer’s sole discretion.