Silver Bullion Coins
Silver bullion coins of today are offered in stunning designs by national mints around the world. Many series are introduced as a means to attract both investors and collectors to purchase stores of the nation’s silver supplies.
Many, but not all, silver bullion coins have an associated monetary value, also referred to as face value. It is widely accepted, however, that these coins are not to be used as currency for trade. Instead, they are purchased for their intrinsic value, usually at a small premium above the value of the silver contents. Certain rare, uncirculated and proof coins can command higher premiums based on their history.
Here we present the background and features of six popular silver bullion coin series from around the world:
American Silver Eagle
The official silver bullion coin of the United States, the American Silver Eagle was first released in November, 1986 read more…. American Silver Eagle
Canadian Silver Maple Leaf
Since 1988, the Royal Canadian Mint has minted the Canadian Silver Maple Leaf silver bullion coin, consisting of read more…. Canadian Silver Maple Leaf
Austrian Silver Philharmonic
The Austrian Silver Philharmonic coin is a beautiful tribute to the Vienna Philharmonic Orchestra. The coin has been minted read more…. Austrian Silver Philharmonic
Mexican Silver Libertad
The Mexican Silver Libertad (Liberty) in its basic form, contains one-ounce of pure 99.9% silver. The coin is minted by read more…. Mexican Silver Libertad
Chinese Silver Panda
The Chinese Silver Panda coins are produced by several mints through out China, including Shenzhen, Shanghai and read more…. Chinese Silver Panda
Australian Silver Kangaroo
Issued by the Royal Australian Mint, the Australian Silver Kangaroo coins have been in production since 1993 and read more… Australian Silver Kangaroo
A Brief History Of Silver Coins
Silver coins are perhaps the oldest form of coin in recorded history. Use of silver in coins dates back to ancient Greece and their popular “drachmas”, a collection of six “oboloi”, or metal sticks. The first currency of modern Greece was known as the Phoenix, a silver coin first issued in 1828 equal in value to the French Franc.
In the late 15th century, silver coins from Germany were referred to as Talers. The original translation of the word in English was daler, which later became daaler, and finally dollar. Silver was also a well-used currency with Scotland, England and Spain throughout the1500s and 1600s. The Spanish produced silver coins from silver found in Central and South America, the most popular being the 8-reales. In the original 13 colonies of the United States, the 8-reales coin was dubbed a “milled dollar”. To create smaller denominations, the coin was cut into as few as two and as many as 16 pie-shaped pieces. From this, the phrase “pieces of eight” was born.
The first U.S. silver dollar was minted in 1794, with a weight and purity that approximated the Spanish 8-reales. Since then, silver was the primary metal used in many U.S. coins up until 1965, with typical concentrations of 90%. Silver is still used in select U.S. currency, as well as coins and rounds minted throughout the world.
Bullion coins with diameters between 39mm and 42mm contain 1 troy ounce of pure silver (31.103 grams of 99.9% silver), regardless of purity. A bullion coin is a coin that is valued by its weight in a specific precious metal. The concept of the one ounce bullion coin was to provide an easy way to purchase convenient small quantities of bullion silver in the form of coins.
While many silver coins are marked with a monetary value, they are not intended for use in commerce. Instead, silver bullion coins are a popular investment, given their ability to maintain and grow intrinsic value. In addition to investment purposes, silver coins are among the most popular form of collectible currency around the world.
Today, many countries around the world produce their own silver bullion coins as a means to attract both collectors and investors. Everything from a coin’s rarity, condition, market demand, and mint production can impact the value of a silver coins.
Investors Turn to the Silver Dollar as a Stable Diversification Option
With so many people looking to build their financial portfolio, precious metals have become essential to creating a robust collection of assets. Uncertainty over the economy and currency values has encouraged many investors to begin considering more stable, secure financial options. In the wake of the economic troubles that countries have experienced all over the world, demand for precious metals has increased dramatically, with more people looking to invest in precious metals than ever before.
Precious metals like silver have been valued for hundreds of years, and as societies evolved, they began to create their own symbols constructed of silver. For many years, silver was used in jewelry making, and governments also began making silver coins, silver dollars, silver bars, and other silver commodities that could be traded in the free market. These assets have continued to develop, and people all over the world are now making these silver pieces. Since silver has become one of the most desirable precious metals on the market to own, investors have been taking a closer look at how investing in a silver dollar and other types of silver commodities can help create more stability in their financial portfolio.
The American silver dollar came into existence in 1792, and since that time, there have been many different varieties of the coin. The original minting issued coins that were .8924 in fineness, while coins minted in later years had 90% fineness. The images on the coins also changed to as the years passed, with the flowing hair type, the draped bust type, the heraldic eagle reverse, and several others. When selecting one of these valuable rare coins, investors may want to learn more about the heritage behind the coins and how many coins are in circulation. In many cases, the rare coins are highly valuable because of their collect-ability and their rarity in addition to their value as a precious metal.
The silver dollar has been used as a form of currency in the past, and this is what has made silver coins such a lucrative investment option to people that are interested in solidifying their investments by incorporating stable physical assets. In order to preserve your wealth, precious metals should now play an integral role in your collection of assets. Bringing more diversity to your assets will help ensure that you will remain resilient in the event of a financial crisis or global economic hardships.
Buy Silver Coins
A Guide To Buying Silver Coins
Many investors have turned to investing in hard commodities such as gold and silver to diversify their financial portfolios. As the economy continues to be unsettled, having a portion of your portfolio in investments that are considered safer, such as gold and silver, has continued to be advised by most financial experts. If you are considering putting a portion of your portfolio into hard commodities, you may be interested in learning how to buy silver coins as an investment.
Types Of Silver Coins
There are many types of silver coins available to the investor. For instance, the 1964 Kennedy half-dollar silver coin, the Ben Franklin half-dollar silver coin, and the Walking Liberty half-dollar silver coin are all 90% silver half-dollar coins that are available for purchase by the investor. Overall, the Walking Liberty half-dollar is considered a better investment silver coin when compared to the value of the other silver half-dollar coins.
When you decide to buy silver coins as an investment, you will want to make sure you follow the price of silver at the time of your purchase. Following the silver prices for a time prior to buying will help you decide the best time to purchase. If you have decided to purchase the Walking Liberty half-dollar coins, you will need to be prepared to pay more than you would for the other types of half-dollar coins.
It is good to follow the market and check with a professional if you are unsure how to proceed with purchasing your silver coins. The assistance of a professional, or at least someone who is experienced in purchasing hard commodities, will be very helpful.
Where To Buy Silver Coins
Once you have decided that you want to buy silver coins, you will want to decide from whom you wish to purchase your coins. There are several options available to the investor who wishes to buy silver coins. You can buy silver coins from your local bank, at a hard commodity company, or even online.
If you want to buy silver coins online, there are many companies that will provide you guidance and assistance in your purchase over the internet, allowing you to conduct all your business via email or over the telephone. With a few clicks or a quick conversation, you can buy silver coins for your investment portfolio that match your investment needs.
Whether you buy silver coins from your local bank or an online seller, you will want to make sure you do some research on the company and feel comfortable doing business with them. Though you can buy silver coins completely online without ever talking with anyone, if you have not conducted business with the company in the past, you may want to get some references or talk to them when making your first purchase to ensure you are comfortable with them.
Investing in silver is a great way to diversify your financial portfolio and include a hard commodity that is considered a safe investment in the long run. You can buy silver coins in any amount that works for you and your budget. So be clear on what you want to invest and then start researching your new investment.