Silver Bullion Coin Price
Product pricing (SSW)
Current Ask Price
$146.12
per 1 oz silver coin
Bid
$129.58
Ask
$146.12
Market Stats
Open
$148.80
High
$149.57
Low
$144.50
Prev Close
$142.02
As of: Feb 3, 2026, 3:07 PM
Silver coin (SSW) pricing from Monex • Updated on page load
Silver Spot Price
Raw silver spot (SBSPOT)
Current Silver Spot
$87.63
per troy ounce (spot)
Market Stats
Open
$88.37
High
$89.06
Low
$86.63
Prev Close
$84.10
As of: Feb 3, 2026, 3:07 PM
Silver spot (SBSPOT) data from Monex • Updated on page load
Silver Price Chart
Understanding Silver Coin Pricing
Spot Price vs. Silver Coin Price
When purchasing a silver bullion coin, you'll pay a premium above the spot price. The spot price represents the current market rate for silver traded in bulk on commodities exchanges.
Silver coins typically carry 3-6% premiums over spot, which covers mint production costs, Authorized Purchaser margins, dealer margins, and reflects the coin's .999 fine purity and legal tender status.
Why Government Coins Carry Premiums
- •Minting Costs: Government mints use precision manufacturing to achieve .999 fine purity with exact weight specifications.
- •Distribution Chain: Coins flow from the Mint to Authorized Purchasers to dealers, each adding margin for their services.
- •Government Guarantee: Legal tender status and government backing provide authenticity assurance that commands value.
- •Strong Liquidity: Recognized worldwide, government-minted silver coins are easy to sell, which supports their pricing power.
Premium Comparison: Silver Coins
Silver coin premiums vary by mint and coin type:
Example at $88/oz spot:
- • Silver Eagle (~5% premium): ~$92
- • Canadian Maple (~4% premium): ~$92
- • Britannia (~4% premium): ~$92
- Key factor: Government-minted coins offer strong liquidity at competitive premiums
Questions & Answers
Common questions about Canadian Snow Falcon silver coins answered by our editorial team.
What is the relationship between spot price and silver coin prices?
The silver coin price equals the silver spot price (per troy ounce) plus a premium typically ranging from 3-6%. The total cost is approximately ~$150 including premium. This premium covers mint production, distribution through Authorized Purchasers, and dealer margins.
Why do silver coin premiums vary between dealers?
Premium variations reflect different dealer business models, inventory positions, and overhead costs. Volume dealers with efficient operations often offer lower premiums. Some dealers may have better relationships with Authorized Purchasers. Shopping multiple dealers helps identify competitive pricing.
How does the bid-ask spread affect my silver coin investment?
The bid-ask spread on silver coins is typically 3-5% for standard bullion coins. With a ~$150 coin, this represents about $1-$2. Your silver must appreciate by the full spread percentage before you break even on a round-trip transaction.
Do different silver coins have different premiums?
Yes, premiums vary by coin. American Silver Eagles typically carry slightly higher premiums (4-6%) due to strong U.S. demand. Canadian Maple Leafs and other international coins often have lower premiums (3-5%). All are government-minted legal tender coins with excellent liquidity.
When is the best time to buy silver coins based on pricing?
The best time is during calm market conditions when premiums are at normal levels (3-6% over spot). Avoid buying during crisis-driven demand spikes when premiums can temporarily expand to 10-15% or higher. Patient buying during normal markets secures better pricing.
For detailed market analysis and pricing information:
Research silver prices at MonexSilver Coin Resources
Explore our comprehensive educational resources to deepen your understanding of silver coin investing, or return to our Canadian Snow Falcon overview.
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