Monster Boxes are plastic boxes that are used to ship coins from the mint. Typically, each monster box contains 500 1 oz coins stacked in individual tubes. Buying a Monster Box is one of the cheapest ways to purchase with bulk discounts from trusted government mints and most dealers will ship them with mint seals intact.
A Monster Box is a bulk investment option for those looking to invest a significant amount in precious metals. It provides convenience, authenticity, and often a lower per-coin price compared to buying individual coins or smaller quantities. The mints use a specially designed plastic box to ship and store coins. The coins inside a monster box are stacked inside individuals tubes containing 20 to 25 coins each. These tubes or rolls are stacked securely, ensuring the coins remain in pristine condition.
The lid of the box features a raised seal with the logo of the mint issuing the coins. An untampered-with box is sealed with tape or straps also bearing official information from the issuing mint. Buying coins in monster boxes can result in lower premiums compared to buying individual coins making a monster box one of the cheapest ways to buy silver coins in bulk.
Monster boxes offer investors a straightforward and cost-effective way to purchase large amounts of 1 oz silver bullion coins. Monster boxes are used by the US Mint, the Canadian Mint, The Royal Mint, the Austrian Mint, and the Perth Mint for the secure distribution of their coins to wholesale distributors and dealers. While many other mints around the world produce silver coins, the United States, Canada, Australia, England and Austria issue official silver bullion investment coins in monster boxes. Only authorized bullion wholesalers have access to buy monster boxes from the mint, which are then re-sold to the public.
The primary purpose of a monster box is to protect the coins from damage, tarnishing, and environmental factors that could affect their condition. The materials used in monster box construction are chosen for their durability and ability to preserve the coins.
When the mint passes these coins off to distributors, they are often delivered in bulk on pallets. Monster boxes are designed to be stackable, allowing for efficient use of storage space, whether it's in a safe, vault, or other secure storage locations. This is especially important for investors who are looking to store larger quantities of silver.
In addition to the official bullion coins released from the government mint, special release coins, such as the Koala, are also released from the Perth Mint in Monster Boxes.
There are many advantages to bullion investors who purchase monster boxes in lieu of individual or groups of coins.
An unsealed box could mean that the dealer may have gone through the box and cherry-picked the most pristine coins to have graded. Unsealed monster boxes tend to be less expensive than their sealed counterparts due to the likelihood that its 500 coins have been fully or partially replaced by coins that may not have been minted together. Monster boxes can be purchased sealed or unsealed. Should an investor decide to sell a monster box, having coins in sealed packaging can make the resale process smoother and some dealers may pay a premium to buy coins still sealed in original government packaging.
As far as quality and collectors are concerned, a sealed monster box always represents a homogenous group of 500 coins certified under one label. Unsealed boxes can contain coins mixed and matched from another set and therefore demand a lower premium. During a period when the West Point Mint was shutdown during the pandemic, the US Mint issued some coins from the Philadeliphia Mint. The only way NGC, PCGS and other third-party grading services were able to identify the coins was due to the tracking and routing stickers that were attached to the Monster Boxes at the mint.
When investors or collectors decide to sell coins stored in a monster box, they can do so with confidence as there are many buyers who prefer coins in original mint packaging, which helps maintain the coins' premium.
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