Historically, gold and silver have held their buying power through previous recessions and periods of high inflation.
Precious metals are often recommended as a safe-haven that financial advisors recommend during down cycles in the stock market.
Holding precious metals as part of your portfolio acts as a stable hedge against a recession, or worse.
This year is the 37th year that the American Eagle coin series has been produced by the US Mint. These coins have been minted annually since 1986.
Wholesale and dealer premiums on Silver Eagles have risen dramatically in recent years due to ongoing supply chain issues with mint suppliers.
Sovereign governments around the world issue coins minted from precious metals. These coins are mainly for investors.
Although these coins are denominated in their local currency, many also qualify for inclusion in a precious metals IRA.
1 oz Krugerrand Silver Coin
The Krugerrand is the original bullion coin created in 1967. It was created by the South African government as a vehicle to encourage investment in government backed gold bullion. The 1 oz Silver Krugerrand coin is minted in .999 fine silver with an evergreen design.
The 2023 1 oz Silver Krugerrand coin has become popular with investors that want a trusted bullion coin without paying high premiums.
The obverse of the Krugerrand carries the image of Paul Kruger. The reverse features an national animal, the springbok antelope.
Krugerrand silver coins have some of the lowest dealer premiums and widely recognized worldwide. The South African mint produces these coins on demand so there is no mintage limit.
1 oz Perth Kangaroo Silver Coin
The Australia Kangaroo series comes from the Perth Mint. The 2023 Kangaroo 1 oz silver coins feature an indigenous red kangaroo bouncing across a grassy outback plain on the reverse.
The obverse of this coin has historically carried an effigy portrait of Queen Elizabeth. It is tradition for the reigning monarch to appear on coins minted by Commonwealth countries. However for 2023, the mint has announced that the Queen will remain on these coins until a suitable image of King Charles is acquired.
1 oz Britannia Silver Coin
The Britannia Series from the Royal Mint has become more popular with each annual mintage after increasing the silver purity in 2013.
This year, 2023 marks the 10th anniversary that the Britannia coin has been available in .999 fine silver.
The first wave of 2023 Britannia silver show the familiar portrait of Queen Elizabeth on the obverse side.
In January, the mint began producing a new 2023 1 oz Silver Britannia coin with a newly sculpted left facing effigy of King Charles III.
The reverse continues to feature the Nathan design of the mythological Britannia.
1 oz Philharmonic Silver Coin
The Austrian Mint began minting the Philharmonic 1 oz silver coin in 2008. It the only bullion coin available that is denominated in the Euro currency.
The inspiration for the design of these coins is attributed to the Vienna Philharmonic orchestra. Both the obverse and reverse designs feature elements related to orchestral music.
1 oz Maple Leaf Silver Coin
The Canadian Maple Leaf 1 oz Silver Coin is minted in .9999 fine silver by the Royal Canadian Mint. The coin is one of the purest government-backed silver bullion coins available in the market.
The Maple Leaf one troy ounce coins have a lower premium than the ASE.
Silver Maples have a familiar design that is easy to recognize. The obverse design includes a portrait of Queen Elizabeth, while the reverse incorporates an image of the Sugar Maple Leaf.
Various improvements have been made to the design throughout the lifetime of the series to help prevent counterfeiting. Coins minted since 2018 include a new rinse process during manufacturing that virtually eliminates issues with milk-spotting that was prevalent with earlier coins.
FindBullionPrices.com aggregates precious metals prices from dozens of precious metals brokers to help bring transparency and reduce the confusion of online dealer pricing.
Shop online dealers for the best prices for these and other 2023 Government Backed Silver Bullion Coins.