Silver Crosses $100; Listings on Collector’s Elite Auctions

Precious metals have always had value. Gold, silver and platinum can cost quite a lot, especially since they are a hedge against rising inflation. The most affordable has always been silver, however, this precious metal has just hit $100 for the first time ever.

There are a lot of theories on why silver keeps getting higher, along with other metals. Inflation over the last few years is one, while another, if you listen to main-stream media, is the president and his “unpredictable” policies. No one knows for sure they why, but silver is still at an all-time high. It could just be because of global uncertainty with tangible assets being consider a safe haven on wealth. 

The reasons why, of course, don’t really matter. Silver is high, which means that finding some at a price under the going rate will be a good deal. Purchasers can go different routes on coins and bullion, such as metal dealers and pawn shops. Or they can check out the silver auction ending Sunday on Collector’s Elite Auctions.

Silver Crosses $100 per Ounce

Having physical silver in the hand is the best way to own this precious metal. If you have it in hand, you can sell it for cash in the modern age or you can trade it for goods if they world goes to crap. Silver has value even if money doesn’t. 

The problem for some people is that they don’t know where to buy silver. Sure, there is a lot out there for sale in regular coins and standard bullion, as well as specialty in both. Some silver items, in fact, are even worth more than the silver itself, which, of course, just hit $100 per ounce. Those interested in purchasing silver before it goes even higher should check out the more than 100 silver listings currently available on Collector’s Elite Auctions. However, the auction ends Sunday. 

Silver for Sale on Collector’s Elite Auctions

Silver can be purchased by the Troy ounce in both coins and bullion. If folks are willing to spend the money, silver can even be bought by the pound. And with no signs of silver lowering in price, now is the time, if you’ve ever wanted some. 

Collector’s Elite Auctions currently has more than 100 listings of silver, ranging from single coins to sets of 50 coins, as well as one-ounce bullion all the way up to 10 ounces of bullion. There are even some factory-sealed coins and bullion available, many of which have collector value above the actual price of silver. Here’s a few examples of what is available in this auction that ends Sunday. There is even a box with 500 coins containing one ounce of silver each, as well as a 100-ounce Engelhard bar. 

American Silver Eagles—500 count

This box of 500 factory-sealed coins contains 500 ounces of silver. Each coin was sealed, meaning that no human had has ever touched these coins. Even better, in 2021, when these coins were minted, the U.S. Treasury made changes to the Silver Eagles, mid year. It was the first major design overhaul in the program’s 35-year history. This box contains the new design, meaning it was one of the first boxes to come off of the press.

 VINTAGE 100oz Engelhard .999+ Fine Silver Bar

Silver is experiencing its fifth consecutive year of structural supply deficits. This makes its value go up, meaning folks need to consider purchasing some if they’ve want it. This auction contains a 100-ounce bar of fine silver. Its purity is .999 percent, meaning it has some value of $10,000 at $100 an ounce. 

2022 Republic of China Panda Silver -25 Troy Ounces

The 2022 Chinese Silver Panda is a 30-gram, .999 fine silver coin featuring a 40th-anniversary privy mark. It features a unique design of two cubs sliding on snow, with a 10 Yuan face value. It is highly collectible due to annual design changes. This package contains 25 Troy ounces of silver, all in tradeable coins.