We report evidence for surface plasmon excitations in concentric-shell fullerenes. A film of these concentricshell fullerenes with radii around 5-7 nm was produced by carbon bombardment of a silver polycrystalline target and measured by electron-energy-loss spectroscopy ͑EELS͒ in reflection geometry. These data were analyzed with the help of a dielectric theory developed for EELS in transmission geometry. Taking into account the concentric-shell-substrate interaction, the spectral shape can be explained as a combination of contributions from -* interband transitions ͑around 13.5 eV͒, from the surface radial (-*) and tangential (-*) plasmons ͑around 14.5 eV and 16.7 eV, respectively͒, and from the volume plasmon ͑24.5 eV͒.