Let's take a look at silver round with an interesting history you probably don't know about.
The Monex silver eagle.
Monex was opened by Louis E. Carabini as a small coin shop in Long Beach, California in 1967. His idea was to buy bags of silver quarters to sell. By late 1968, silver coinage was gone from circulation, and there was demand for bags of silver. Over the next year he expanded his business by giving his customers the option of buying, selling, storing and/or financing their bulk silver coins.
In the 1970s the business moved twice to handle the volume and ended up in it's current location, Newport Beach, CA. During this time he also started offering gold and platinum bullion. All of this success led to the Monex silver eagle round in 1982. From the monex website:
In 1982, the Royal Canadian Mint embarked on their first minting venture with a private company, Monex International, Ltd.. This resulted in the production of the pure Monex Silver Eagle. This one-ounce Monex branded ingot was a very successful addition to the list of commodities available from the company at the time. It was the predecessor to many government issued bullion coins to be introduced in the eighties, including the Canadian Maple Leaf and the United States American Eagle coins.
That's cool! This is the round that sparked the production of the Canadian Maple and the US Silver Eagle 💥
Again from the Monex site
Awesome!
I can't find any montage numbers for the 1982 round, and it's the only round Monex produced...until 2022, the 40th anniversary of the original round.
I'd love to pick one of these up, however, the nature of the business at Monex is bulk :(
So, if anyone wants to go in on an order of these let me know :D
Honestly, I can't seem to find these anywhere else online. They must be out there but I don't see them.
Numista usually has info on stuff when I can't find it elsewhere, but even they have nothing listed for the 2022 round.
Same thing on ebay, which is to say, nothing on ebay.
:|
I hope you enjoyed learning the history of this round and the company that minted it, I sure did!
