LIVE BID / ASK SPOT PRICES:
GOLD 1,255.21 / 1,255.92
  |   SILVER 17.15 / 17.21
  |   PLATINUM 948.04 / 951.12
  |   PALLADIUM 770.34 / 774.48

Silver

>>Silver

Silver bullion is the perfect investment for anyone looking to diversify his or her holdings with precious metals. Silver has consistently maintained a worthy reputation as a store of value and medium for exchange for thousands of years. Like other precious metals, silver is seen by many as a fungible asset and a hedge against inflation, currency devaluation and deflation. These attractive qualities are a driving factor in silver’s strong appeal, prompting investors and collectors to buy silver bullion in increasing numbers over the past decade.

For those looking to buy silver bullion, there is a variety of great options available in many different forms. The most popular investment-grade silver products are modern silver bullion coins, pre-1965 90% silver coins, and silver bars and rounds.

Modern silver bullion coins are typically minted by a country’s national mint, and possess an inherent face value. Investors enjoy the benefits of government minted silver bullion products because their authenticity is guaranteed and they are produced under strict quality control standards. Popular silver bullion coins include American Silver Eagles, Canadian Silver Maple Leafs, and Chinese Silver Pandas.

Junk silver coins have been a longtime investment favorite for many silver investors over the last several decades. Junk silver mainly refers to 90% silver dimes, quarters, and half dollars minted by the US Mint before 1965. They are sold in terms of face value, with many investors purchasing full $1,000 face value bags. 90% silver is often called “junk” silver because it has no actual numismatic value. It is simply bought and traded for its bullion value. Many investors have a strong preference for 90% silver because of its divisibility, fungibility, and durability.

Finally, the most common way to buy silver is by purchasing silver bars and rounds. Silver bullion bars and rounds are as simple as it comes. Sold in various denominations, silver ingots provide the opportunity to invest in whatever weight and purity you desire. Most silver ingots are sold with a purity of .999 silver, and typically vary in weight from 1 troy ounce to 1,000 troy ounces. Silver bars and rounds are produced by third-party manufacturers and metal refiners, and are not considered “coins,” as they have no face value. Many investors prefer brand names such as Engelhard and Johnson Matthey due to their distinguished reputation in the industry.