Sunday, May 26, 2013

2013 Canada Silver Bald Eagle Extremely Scarce

The hottest new coin North of the Border is the Bald Eagle. This new series just made its debut in the past couple weeks, and is a different perspectives of the bald eagle. Two months ago, the Royal Canadian Mint released a 1/25 oz. gold coin featuring a bald eagle which was pretty well received by the buying public.

This new 99.99% pure 1 oz silver coin features a portrait of a bald eagle’s head on the obverse, with intricate details of its features. The coin includes edge lettering “1 OZ FINE SILVER 1 OZ ARGENT PUR”.

The mintage for this coin is miniscule, only 7,500 pieces with a price of $99.95 CAD. Graded versions are just showing up at about $140 for NGC PF70, and similar pricing for PCGS grade 70. An ordering limit of two per household was imposed, and the coin is already out-of-stock at some of the prime sellers in the USA.

Our prediction here at is for this coin to be $400-$500 in grade 70 within 2-3 months. We will have a few grade 70’s for sale in the next week, but really, act fast as this is going to dry up.

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