There are several well-known silver bullion items that investors often consider when purchasing physical silver. Some of the most popular options include:
- Silver coins – Some of the most well-known silver coins include the American Silver Eagle, the Canadian Silver Maple Leaf, the Austrian Silver Philharmonic, and the Mexican Silver Libertad.
- Silver bars – Like gold bars, silver bars come in a range of sizes, from small 1 oz bars to larger 100 oz bars. Some of the most reputable producers of silver bars include Engelhard, Johnson Matthey, and the Royal Canadian Mint. There are many generic silver bars available for purchase usually at lower premiums.
- Silver rounds – Similar to gold rounds, silver rounds are typically produced by private mints and offer a more affordable way to invest in physical silver. They have various designs but are not issued by the government and therefore have no face value. Their values is based on the weight of the silver, the demand and scarcity.
- Silver ETFs – Like gold ETFs, silver ETFs are a popular way to gain exposure to the silver market without the need to store and manage physical metal.
- Junk/Constitutional silver, 1964 or earlier US coins like Dimes, quarters and half dollars made from 90% silver. People love these based on there history and fractional size which allows for greater flexibility when used for trade or purchase.
- Silver Dollars from 1935 or earlier – these are probably the most desired and collected coin especially the famous Morgan Dollar.
When buying any coin, it is important to do research, work with reputable dealers, and carefully consider factors such as condition, rarity, and market demand.
