{"id":23165,"date":"2020-08-20T08:06:47","date_gmt":"2020-08-20T14:06:47","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=23165"},"modified":"2021-09-17T11:19:14","modified_gmt":"2021-09-17T21:19:14","slug":"why-are-silver-eagle-prices-so-high-not-from-this-dealer","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/why-are-silver-eagle-prices-so-high-not-from-this-dealer\/","title":{"rendered":"Why Are Silver Eagle Prices So High, Not From This Dealer"},"content":{"rendered":"<p>With Silver Eagle premiums still ranging from $9-$10 per coin, why is the U.S. Mint still selling so many of them??\u00a0 Good question.\u00a0 Many investors have switched to Silver Maples, Krugerrands, Philharmonics, and Britannias due to premiums that are less than half of the 2020 Silver Eagles.<\/p>\n<p>As I mentioned in my article yesterday, <a href=\"https:\/\/srsroccoreport.com\/update-the-u-s-mint-sells-another-million-silver-eagles-in-one-day\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>UPDATE: The U.S. Mint Sells Another Million Silver Eagles In One Day,<\/strong><\/em><\/a> another one million Silver Eagles were sold in one day.\u00a0 With these Silver Eagles likely going to fill &#8220;Back-orders,&#8221; I&#8217;d imagine most investors were paying $9-$10 premium per coin.\u00a0 Again, it&#8217;s simply amazing how Silver Eagle demand is RED HOT with 30-40% premiums.<\/p>\n<p>However, there is one dealer that is trying to provide a MUCH LOWER PRICE for Silver Eagles than most of the larger online dealer.\u00a0 <strong><span style=\"color: #800000;\">I spoke with Dan at<\/span> <span style=\"color: #800000;\">CLOUD HARD ASSETS, and they are now selling 2020 Silver Eagles for $6.70 over spot<\/span><\/strong>.\u00a0 I was surprised to hear that they lowered it from $7.20 last week.<\/p>\n<p>Based on the silver spot price of $26.95, early Thursday morning, here are the 2020 Silver Eagle prices from the leading online dealers&#8217; vs. <strong>CLOUD HARD ASSETS<\/strong>:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-23168\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/08\/Precious-Metals-Dealers-2020-Silver-Eagles-Prices-vs-CLOUD-Hard-Assets-Aug-20th.png\" alt=\"\" width=\"650\" height=\"432\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/08\/Precious-Metals-Dealers-2020-Silver-Eagles-Prices-vs-CLOUD-Hard-Assets-Aug-20th.png 866w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/08\/Precious-Metals-Dealers-2020-Silver-Eagles-Prices-vs-CLOUD-Hard-Assets-Aug-20th-300x200.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/08\/Precious-Metals-Dealers-2020-Silver-Eagles-Prices-vs-CLOUD-Hard-Assets-Aug-20th-768x511.png 768w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n<p>If investors are happy with paying $2-$3 more per coin for their Silver Eagles, then fine.\u00a0 However, if you would like to save money and work with a dealer who has been around since 1978 and puts your funds in an escrow account until the metal is shipped, then I would suggest you give Tom and Dan a call at <a href=\"https:\/\/srsroccoreport.com\/precious-metals-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>CLOUD HARD ASSETS<\/strong><\/a>.<\/p>\n<p>We try to keep the promotions here at a minimum, but when we see such a large difference in premiums, we want to make sure followers and new viewers have a chance to take advantage of better prices and services.<\/p>\n<p>And, several followers have let us know how glad they were by using Cloud Hard Assets:<\/p>\n<blockquote><p>I stumbled across your report looking for a dealer who could actually get coins when my APMXX acct was placed on hold and I could not find my login for KITXX. In general, have been scammed a few times in my life, so with trepidation I ordered what to me was a large order from Dan at Tom Cloud. What a joy Dan was to do business with as was Jade. <span style=\"color: #000000;\"><strong>No baloney with the check, fast shipment and all as advertised by Dan at a greatly reduced premium to the big boys.<\/strong><\/span> I will never go back to them now that I have found Hard Assets. Although an experienced day trader, I was learning the precious metals mining and hard assets sector in earnest this time. As such I have enjoyed your free service but had no idea why it was free. As a beneficiary I will be a subscriber, paid for from the savings I incurred by purchasing via Dan at Hard Assets on your recommendation by blog post. You could pay me for these two endorsements but I have already been paid via savings. God bless your new business model, and thanks for the education thus far.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<\/p>\n<p>Lastly, a couple of weeks ago, I took the plunge and decided to try out Tom Cloud\u2019s company. <span style=\"color: #000000;\"><strong>I found that his prices on Silver Eagles were $6.00 less than any others locally, and on line.<\/strong><\/span> Although I like my local guys for several reasons, when one buys 8 tubes, it does add up. And, that includes shipping via FedX, with a signature required, so I was not worried. Jade was very easy to work with, and very professional.<\/p><\/blockquote>\n<p><span style=\"color: #800000;\"><strong>Lastly, as the SRSrocco Report transitions to a Subscription Service tomorrow, we will continue to provide public articles.\u00a0 Tom Cloud&#8217;s video updates and some promotional posts will continue to be available to the public.\u00a0<\/strong><\/span><\/p>\n<p>You can contact Tom or Dan at CLOUD HARD ASSETS here:\u00a0 <a href=\"https:\/\/srsroccoreport.com\/precious-metals-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>PRECIOUS METALS INVESTING<\/strong><\/a>.<\/p>\n<p>Also, if you need to store metal at a secure facility, Tom offers some of the lowest storage rates in the industry.\u00a0 <strong>TOM DOES NOT MAKE MONEY OFF HIS CLIENTS PRECIOUS METALS STORAGE<\/strong>.\u00a0 The overwhelming majority of precious metals dealers add an additional percentage to store their clients gold and silver.<\/p>\n<p>I challenge you to check for yourself.<\/p>\n<p>Tom Cloud has been in the precious metals business for 46 years, since 1973.\u00a0 He has a lot of experience in the precious metals industry and understands the gold and silver market better than most dealers in the industry.<\/p>\n<p>If you are new to the precious metals market and had questions, Tom Cloud would be happy to answer any questions.<\/p>\n<p><strong>DISCLAIMER:<\/strong>\u00a0 <em>While Tom offers information about precious metals, you should not take this as investment advice.\u00a0 You should contact a professional advisor and or do your due diligence before making investment decisions.\u00a0\u00a0<\/em><\/p>\n<p><span style=\"color: #000000;\"><strong>If you are new to the SRSrocco Report, please consider subscribing to my:\u00a0<\/strong><\/span> <a href=\"https:\/\/www.youtube.com\/channel\/UCED7G7CZfqdSV9zttlr1M_g\"><strong>SRSrocco Report Youtube Channel<\/strong><\/a>.<\/p>\n<script>(function() {\n\twindow.mc4wp = window.mc4wp || {\n\t\tlisteners: [],\n\t\tforms: {\n\t\t\ton: function(evt, cb) {\n\t\t\t\twindow.mc4wp.listeners.push(\n\t\t\t\t\t{\n\t\t\t\t\t\tevent   : evt,\n\t\t\t\t\t\tcallback: cb\n\t\t\t\t\t}\n\t\t\t\t);\n\t\t\t}\n\t\t}\n\t}\n})();\n<\/script><!-- Mailchimp for WordPress v4.12.1 - https:\/\/wordpress.org\/plugins\/mailchimp-for-wp\/ --><form id=\"mc4wp-form-1\" class=\"mc4wp-form mc4wp-form-5 mc4wp-form-theme mc4wp-form-theme-red\" method=\"post\" data-id=\"5\" data-name=\"Posts &amp; Updates\" ><div class=\"mc4wp-form-fields\"><div class=\"mcform\">\r\n  <div class=\"mcform-text\">\r\n    Enter your email address to receive updates each time we publish new content.\r\n  <\/div>\r\n  <div class=\"mcform-email-address\">\r\n  \t<input type=\"email\" id=\"mcform-input-email\" name=\"EMAIL\" placeholder=\"Your email here\" required \/>\r\n  <\/div>\r\n  <div>\r\n\t<input type=\"submit\" id=\"mcform-button\" value=\"Sign Up Now!\" \/>\r\n  <\/div>\r\n<\/div><\/div><label style=\"display: none !important;\">Leave this field empty if you're human: <input type=\"text\" name=\"_mc4wp_honeypot\" value=\"\" tabindex=\"-1\" autocomplete=\"off\" \/><\/label><input type=\"hidden\" name=\"_mc4wp_timestamp\" value=\"1775761210\" \/><input type=\"hidden\" name=\"_mc4wp_form_id\" value=\"5\" \/><input type=\"hidden\" name=\"_mc4wp_form_element_id\" value=\"mc4wp-form-1\" \/><div class=\"mc4wp-response\"><\/div><\/form><!-- \/ Mailchimp for WordPress Plugin -->\n<p><strong><em>DISCLAIMER:<\/em><\/strong> <span style=\"font-size:.9rem;\"><em>SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and asset values. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed decisions on all types of assets. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.<\/em><\/span><\/p>\n<p>Check back for new articles and updates at the <a href=\"https:\/\/srsroccoreport.com\/\" rel=\"noopener noreferrer\"><em><strong>SRSrocco Report<\/strong><\/em><\/a>.\u00a0 You can also follow us on Twitter and Youtube below:<\/p>\n<ul class=\"srsr-social-ul\">\n<li id=\"srsr-minilogo-li\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/srsroccoreport-mini-logo-100x35-1.png\" \/><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/twitter\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-twitter-165x35-1.png\" \/><\/a><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/youtube\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-youtube-165x35-1.png\" \/><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>With Silver Eagle premiums still ranging from $9-$10 per coin, why is the U.S. Mint still selling so many of them??\u00a0 Good question.\u00a0 Many investors have switched to Silver Maples, Krugerrands, Philharmonics, and Britannias due to premiums that are less than half of the 2020 Silver Eagles.  As I mentioned&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/why-are-silver-eagle-prices-so-high-not-from-this-dealer\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":23170,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,22,7,18],"tags":[19,2],"class_list":["post-23165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-free-members","category-news","category-precious-metals","category-tom-cloud","tag-2020-silver-eagles","tag-public"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/23165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/comments?post=23165"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/23165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/23170"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=23165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=23165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=23165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}