What is a Monster Box of Coins?
At a Glance:
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- A monster box of coins is a box containing 500 (or 250) of a given coin.
- Buying silver monster boxes can be a great way to cut down on precious metal premiums.
- On this page, learn more about what monster boxes are – and how to buy them.
Monster Boxes of Coins – a Silver Stacker’s Dream
For most silver stackers, collecting 500 1 oz silver coins is a decades long, or maybe even a lifelong, goal to work toward. Believe it or not, some committed silver investors accomplish this goal in one day – and with only one purchase! How? Silver monster boxes. Just like the name suggests, a monster box is a box containing a massive number of a single type of silver coin.
Monster boxes can be a great way to save money on precious metal premiums. As we’ve discussed in some of our other Bullion Academy guides, buying precious metals in bulk is a method that stackers use to pay lower premiums, since dealers tend to cut prices for extremely large purchases. Monster boxes are expensive; given today’s silver spot price, a 2024 American Silver Eagle Monster Box costs well over $18,000. Despite the hefty price tag, a monster box of your favorite coin is almost always cheaper than buying 500 of that same coin individually.
On this page, learn everything you need to know about silver coin monster boxes, including how much they cost, how to buy them, and more.
What is a Monster Box?
So what is a monster box, really? Monster boxes are large boxes that contain either 500 or 250 silver coins, depending on the brand. Monster boxes from most mints include 500 coins, but the Perth Mint’s monster box is a bit smaller and contains only 250 coins.
The term “monster box” can also refer to the box that these bulk coins are shipped in. When you purchase a monster box of silver coins, they’re packaged in a large, custom box that all 500 coins will fit perfectly inside. Because monster boxes are so unique and interesting looking, some silver investors actually buy the empty boxes by themselves to fill with various different silver coins.
The U.S. Mint, Royal Canadian Mint, Royal British Mint, and the Perth Mint all produce and sell monster boxes of their most popular coins. Hero Bullion sells a wide range of silver monster boxes for stackers who want to save money on premiums by buying their favorite coins in bulk.
Why Buy a Monster Box of Coins?
People usually buy a monster box of silver coins for two main reasons:
- Because they’re cost effective compared to individual coins.
- Because they look incredible.
The first (and biggest) reason to invest in a monster box of coins is that it’s more cost effective than buying hundreds of silver coins individually. As the size of a silver investment increases, the percentage premium that an investor pays over melt value tends to increase. This makes sense if you think about it – dealers are incentivized to offer better pricing if they’re getting rid of a large portion of their inventory at one time.
If you’re someone who plans on buying hundreds of silver coins, monster boxes can also be easier to buy than individual coins. Instead of having to make hundreds of separate purchases, you can secure 250 or 500 of your favorite coin all at once. In a sense, investors love monster boxes because they take the hassle out of buying silver in bulk.
The other reason why people love monster boxes is even simpler: they look awesome! Monster boxes are unlike any other product in the silver industry. They’re equipped to safely hold and store hundreds of silver coins and can be an excellent conversation piece. Imagine showing someone a brand new, sealed monster box containing over $18,000 in American Silver Eagles!
Why do people buy silver coin monster boxes? Ultimately, some investors prefer to stack using monster boxes because they are cost effective and they look fun and interesting.
Are Monster Boxes a Good Investment?
Are monster boxes a good investment? Monster boxes are a great investment if you’re a silver coin stacker with a large budget. The cheapest monster box is the 250-coin Australian Silver Kangaroo Monster Box, and it still costs over $8,000. Needless to say, not all stackers can afford to pay nearly ten-thousand dollars for a large box full of coins.
But if you’re someone who can afford a monster box of silver coins, buying a monster box can potentially save you hundreds of dollars in precious metal premiums. Like any other silver product, you’ll pay some sort of premium when you buy a monster box of coins. But because dealers love to sell 500 coins at once, you’ll usually pay a much smaller premium for a monster box of a given coin than you would for the same number of individually purchased coins.
Downsides To Buying Silver Coin Monster Boxes
Buying silver coins in bulk using monster boxes isn’t the right choice for everyone, so it’s important that you understand your own investment goals, preferences, and budget.
A monster box generally contains only one type of coin, making it a poor choice for investors who prefer to diversify their silver coin portfolios. Unless you’re buying a monster box from each of the mints that sell them, investing in silver using monster boxes means going “all in” on a particular sovereign silver coin.
Monster boxes are also quite expensive, with a 500-coin monster box costing at least $17,000 or more, depending on the price of silver and the type of coin you choose to purchase. High prices pose a barrier to entry for investors who want to buy bulk silver in the form of monster boxes. Always make sure to stay within your budget when investing – a small discount on premiums isn’t worth putting yourself in a difficult financial situation!
Here’s How (And Where) To Buy Monster Boxes of Silver Coins
If you’re committed to betting big on silver using a monster box of coins, the good news is that buying silver monster boxes has never been easier. Online precious metal dealers like Hero Bullion offer monster boxes from a variety of the world’s most reputable mints, and price comparison guides can help you find the monster boxes you love at prices you can afford.
Let’s take a look at how (and where!) investors can buy a monster box of coins in 2024.
Where to Buy Monster Boxes
Where do you buy monster boxes? Most online dealers stock silver coin monster boxes. Really, monster boxes are a win-win for precious metal dealers and consumers. By packaging 500 BU silver coins in a sleek monster box, dealers can safely and easily liquidate a large amount of inventory at one time. Buying monster boxes from online dealers, as we mentioned earlier, also helps consumers save money on precious metal premiums.
Comparing prices is a great way to find the best deal on a monster box of coins. Premium costs vary from dealer to dealer, and also from coin to coin. Certain in-demand silver coins, such as the American Silver Eagle, are usually sold at higher premiums than other coins. As a result, expect a monster box of American Silver Eagles to cost a decent bit more money than a monster box of, say, Canadian Silver Maples.
By searching online for the best prices, you can fulfill your dream of stacking monster boxes without paying unnecessary premium fees.
Which Coins Come in a Monster Box of Coins?
Technically, a monster box could be produced for any silver coin, but most coins just aren’t in-demand enough to justify making a custom monster box. Instead, six coins are frequently sold in massive monster boxes.
Which coins come in monster boxes? Here are the six coin types often sold as full monster boxes and how many coins are included in a standard monster box of each:
- American Silver Eagles – 500 coins.
- Canadian Silver Maples – 500 coins.
- Austrian Silver Philharmonics – 500 coins.
- British Silver Britannias – 500 coins.
- Australian Silver Kangaroos – 250 coins.
- South African Silver Krugerrands – 500 coins.
As you can see, most silver monster boxes contain a standard number of 500 coins. One mint makes monster boxes that include only 250 coins – the Perth Mint.
Making Your Own Monster Box of Coins
You can actually make your own monster box of coins by purchasing an empty monster box and then filling it with your own coins. If you take this route, monster boxes can be a great motivation to expand your silver portfolio with up to 500 of your favorite coins.
Can You Buy Empty Monster Boxes?
You can actually buy empty monster boxes from most online bullion dealers. An empty monster box (pictured below) can be an affordable way to store up to 500 different silver coins. Plus, as you already know, monster boxes look awesome!
Some bullion dealers buy monster boxes in order to build their inventory but then empty the box to sell those coins individually. As a result, dealers like Hero Bullion usually stock empty monster boxes for sale, which means that you can buy – and eventually fill – your own monster box of coins!
Pro Tip: Monster Boxes Are a Great Stacking Motivation!
Trying to fill a monster box can be a great motivator if you want to push yourself to stack more silver. Whether you have a favorite coin or just buy the cheapest silver coins on the market, a standard monster box can give you a great goal to work toward. Over the course of several years, you can slowly try to fill up your monster box with up to 500 coins.
Final Thoughts: Betting Big on Silver Coin Monster Boxes
Monster boxes are a fantastic option for investors who want to buy silver in bulk. A monster box refers to a specialized box that contains either 500 or specific silver coins, depending on the brand. Monster boxes of coins are expensive and sometimes cost over $18,000, but they’re usually sold at lower premiums over spot price compared to individual silver coins.
If you’re unable to spend thousands on a full monster box of silver now, you might consider buying an empty monster box and filling it up over time. Empty monster boxes can be great motivators if you’re someone who wants to build a bigger silver stack.
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About The Author
Michael Roets
Michael Roets is a writer and journalist for Hero Bullion. His work explores precious metals news, guides, and commentary.