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2023 Black Friday Bullion Deals

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Black Friday Bullion Deals from online dealers is an annual tradition where retailers provide significant discounts to kickstart the holiday shopping season. Many of the leading online bullion retailers participate by offering discounts and deals on various precious metals items. This typically include offers for both investors and collectors.

In previous years, APMEX has offered a variety of doorbuster deals, offering discounted premiums, including any quantity pricing along with several spot price deals.

Pre-Black Friday Bullion Deals

The end of year is the perfect time to stack extra precious metals as a way to set aside some funds and be prepared next year and several dealers are already showing price drops for the upcoming Black Friday week sales.

SD Bullion

SD Bullion has begun their pre-Black Friday sale, with a deal for Silver Kilo Bars on sale for as low as 79 cents over spot per ounce in quantity. For individual bars, the premium is around $1.39 per ounce, by far the lowest available premiums for silver kilos.

For gold buyers, SD Bullion has a special offer on Johnson Matthey 1 oz Gold Bars. The premium for the first bar is just $9.99 over spot, with additional bars available at the discounted premium of $29.99.

Bullion Exchanges

Bullion Exchanges is showing prices as low as $0.70 Over Spot per oz on Italpreziosi 100 oz Silver Bars. These bars are also offered at a discounted premium through the Bullion Exchanges eBay store, which includes all credit card and PayPal fees and may be eligible for rewards points, cashback and other offers. They are also offering similar pricing on Germania Mint 100 oz Cast Silver Bars.

Bullion Exchanges has posted offers across all price points. From 5 oz Silver Bars from the Argentia Mint, to discounts on monster boxes and tubes of American Silver Eagle coins.

A variety of gold bars are on sale, ranging from as small as 5 grams to multipacks of 1 gram bars and 1 oz gold bars.

For those looking for lowest premiums should check out the variety of 100 ounce silver options available at Bullion Exchanges. These include lots of twenty 5 oz silver bars, lots of ten 10 oz silver bars, various bundles of 100 oz in silver rounds. If you’re looking to make an even larger investment, Monster Boxes with 500 oz of 1 oz silver rounds are also available.

Check out the Bullion Exchanges Black Friday Deals page for more details.

Monument Metals

Monument Metals has announced a special deal on Nadir Refinery 10 oz Silver Bars. Purchase two 10 oz silver bars and receive the second at spot price! They have created a special page on their website that includes the discounted pricing.

Be sure to check out the Monument Metals Deals page for more Cyber Week offers.

Scottsdale Mint

The Scottsdale Mint has announced a variety of discount offers. Deals are available on Scottsdale Stacker Bars, 1 oz silver rounds, 2 oz silver coins, fractional gold bars and more. Check out the deals page on their website for more information.

Silver At Spot Price Deals

This year, numerous dealers are expected to offer silver at spot deals with limited quantities available.

APMEX

APMEX has announced a variety of offers to start on Black Friday and continue through Cyber Week. These will include several deals at spot price and site-wide “any quantity” pricing, which is typically reserved for bulk quantity orders.

They are offering an addition 10% back in rewards for holders of the APMEX Bullion Card Visa Card.

APMEX is offering Poured Kilo Silver bars at spot price! You can also download the APMEX App from the deals page to get early access to APMEX Black Friday deals.

SD Bullion

The Doc has added additional offers to the early Black Friday Sale. The best deal so far, is the silver at spot price deal on their 10th Anniversary 1 oz Silver Rounds.

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What Dimes Contain Silver?

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Silver Dimes

US dimes that were minted before 1965 contain silver. These silver dimes were struck with an alloy that contains 90% silver. The melt value for each silver dime is over $1.60 today.

The Mercury Silver Dime was continuously minted by the US Mint from 1916 until 1945. These coins feature Lady Liberty on the obverse wearing a phrygian cap, often mistaken for the Greek God Mercury due to the winged hat.

The Roosevelt Silver Dime was introduced in 1946 and was minted with a 90% silver alloy until 1964.

Silver dimes, like all 90% silver US coinage are sometimes referred to as “junk silver”. This is a common term adopted from the coin collecting industry for coins that have little to no numismatic value. Their value lies strictly in the silver content.

Junk silver dimes are a great way to start investing in silver. They are fractional and you can buy them close to spot price.

Silver Dimes in Circulation

There are still some silver dimes in everyday circulation alongside modern clad coins. The Roosevelt Dime was introduced in 1946. Billions of silver dimes were minted up until the debasement began in 1965. While many have been melted down over the years, there are still plenty available in the wild.

The easiest way to tell if you have a silver dime is by looking at the date. All dimes that were minted prior to 1965 contain 90% silver content. If your dime is from 1964 or earlier, then it is a silver dime.

Silver Dime Values

At the very minimum, a silver dime is worth its weight in silver. A 90% silver dime has an overall gross weight around 2.5 grams. Therefore, it has roughly .0715 ozt of silver. Based on the spot price, the intrinsic value of the silver is worth far more than the face value, which is the primary reason that the government stopped the use of silver and made the switch to clad coins.

An easy way to estimate the value of your silver dimes is that each $1.00 Face Value, or ten silver dimes, contains .715 troy ounces of silver. This is a commonly accepted weight that takes into consideration that there may be some wear and tear from circulation.

For more information about which silver dimes may be key dates and have some numismatic value you can check out the page on coinflation.com.

You can easily compare online dealer prices for 90% silver dimes:

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Silver Bullion Premiums Returning to Pre-Pandemic Levels

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The COVID-19 pandemic had a profound impact on global supply chains, creating a myriad of problems and challenges for mining and minerals companies, refineries and mints.

Many mines and refineries around the world were shut down or operated at reduced capacities due to lockdowns, quarantine measures, and worker illness. This led to reduced output and shortages of silver, gold and platinum, not only for investors, but especially in industries where precious metals are consumed.

The supply chain disruptions and lockdowns led to wholesale premiums on precious metals to increase quickly as demand from investors was driven by uncertainty and supply concerns.

The premiums on US Mint Silver Eagles were impacted more than others. Most of the high premiums were caused by a combination of things that included a variety of repeated shutdowns, issues with blank planchets from suppliers and other problems related to the production of coins. At their peak, the dealer premiums on Silver Eagles were in excess of 50% more than the silver spot price.

In today’s market, bullion buyers are able to find deals on 10 oz silver bars from various online dealers with premiums below $2.00 per ounce over the prevailing silver spot price. For investors looking for larger silver bars, such as silver kilos and 100 oz bars, dealer premiums can be the range as low as $1.25 to $1.50 per troy ounce above spot silver.

Silver premiums have not been this low in several years making this a great opportunity to back up the truck and load it up.

Although the Federal Reserve has paused interest rate hikes for the time being, many analysts are speculating that the results of the policy hikes aren’t likely to be felt for twenty-four months or longer. The Fed began the string of rate hikes in March 2022 as a following two years of consistently high inflation impacting prices.

If analysts predictions are correct, the CPI, which includes consumer prices of essential everyday goods, including housing, gasoline and food, isn’t likely to show meaningful decreases until the first quarter of 2024 or beyond.

JP Morgan Chase CEO Jamie Dimon continues to repeat his dire prediction of an extended period of stagflation.

Stagflation is an economic term used to describe a situation in which an economy experiences stagnant growth, high unemployment, and high inflation simultaneously. This combination is particularly troubling for policymakers because the usual tools to combat inflation, like raising interest rates or reducing government spending, can exacerbate unemployment and further hinder economic growth. While measures to boost the economy, like lowering interest rates or increasing government spending, can worsen inflation.

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Why Many Investors Prefer Silver Over Gold

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Investing in precious metals is a big commitment. The notion of taking a portion of your cash savings buying a physical asset goes against the mainstream narrative.

The Federal Reserve has announced that the FedNow service is NOT a CBDC. Most “conspiracy theorists” are suggesting that the Fed may not be telling the truth. Luckily, a few states like Florida and Texas have efforts to reject any fed issued digital token.

More people want precious metals as a store of value in lieu of cash and deciding which is the best metal to buy can be a laborious choice. Ideally, having a balanced portfolio that is diverse with a portion in both gold and silver, alongside traditional investments, can provide extra assurance to cover many unexpected financial scenarios.

Silver is Cheaper Per Ounce

The most obvious reason many investors prefer to buy silver is the enormous price gap per ounce. The average per ounce premium is often higher on silver as a percentage of the price.

However, just like with the stock markets, the commodities markets also have bull and bear periods where the returns on silver can shine or tarnish.

For example, at the start of the pandemic in 2020, the price per ounce of silver hit a low of $11.77 per ounce. In three years, silver is already trading up more than 100%.

Silver coins and bars

Gold prices have been trading at record highs in recent weeks. Rumors have been circulating for weeks about an upcoming announcement from the BRICS summit in South Africa related to a new gold-backed reserve currency.

Easier to Liquidate

This has some analysts continuing to suggest that gold prices will continue to climb higher as central banks in many emerging economies continue adding gold to their reserves.

A portfolio containing many smaller silver coins, such as Britannias or 1 ounce silver bars is naturally more convenient to sell than larger bars or a full ounce of gold.

Silver stacking is far more popular than most people realize. Many find it to be a convenient and effective way to set aside a little bit of cash each week or month.

As a physical asset, it’s a little more difficult to spend than cash and easy to keep stashed at home is available in a variety of formats that span from naturally fractional junk silver to larger kilogram and 100 ounce silver bars.

There are many options, both locally and online that make selling silver easy when the time comes. Whether it’s for an unexpected emergency repair or to raise some cash for a new venture.

While selling a portion of silver coins is a straightforward process, it’s not as easy or practical to cut a gold bar in half.

Growing Industrial Consumption

Silver is consumed by various industries in considerably greater quantities than other precious metals. Although undeniably an excellent store of value, silver is also one of the best conductors of electricity and is used everything from iPhones and other consumer devices to solar panels and EV batteries. According to statistics released since was used in smartphone manufacturing.

The largest growth in consumption industrial consumption continues to be driven by globalist climate change and green energy initiatives. Global statistics on solar panel manufacturing shows consistent year over year growth likely to continue based on the 2030 narratives.

Renewable energies represents an area where many see potential for continued increases in consumption. Compared to other metals, silver is relatively scarce in nature. There are very few naturally occurring silver ore deposits.

Most raw silver is mined as a by-product of other metals such as lead, copper and gold, which makes the mining of these other metals relatively more important.

Medical Applications

Silver plays a huge role in medical technology and with natural antibiotic properties. The invention of x-rays, MRI and other medical imaging technologies would not have been possible without silver.

Silver bromide is a chemical compound that is sensitive to light and plays a key role in X-Ray and photographic films.

Silver plays many hidden crucial roles in countless ways throughout our everyday lives. Around half of all silver mined annually is consumed during the production of over 3000 various technologies including integrated circuits, medical radiology equipment, water purification, photographic imaging and even explosives.

Silver is Undervalued

The gold-silver ratio is a great way of keeping track of silver’s fluctuations and its current value relative to gold. It demonstrates the relationship between their respective values and can be a way investors spot potential opportunities.

Over the long-term, the price of silver has steadily increased relative to the dollar due mainly to inflation.

Recent CPI data indicates that inflation continues to rise at a steady rate while the data used by the Fed in decision making lags behind the reality that consumers face each day.

Most countries fill their reserve vaults with gold, there are a few countries holding significant silver stockpiles such as Peru, Mexico and China.

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One Hundred Ounce Silver Bars

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Precious metals have long been trusted by investors as store of value and wealth.  When looking for the most cost effective way to buy silver. For many stackers, 100 ounce bars are one of the most cost effective ways for investors hold physical silver.

These bars often have the lowest premium per ounce over spot price and are a great way to bring peace of mind during times of economic and political restlessness. A variety of both private and sovereign mint 100 oz silver bars are in stock and ready to ship from many online bullion dealers.

Comparing the features, dealer premiums and shipping costs of the many available options is one of the ways to find the best deal on what fits your needs.

100 oz Silver Bars 

Serious precious metals stackers choose 100 oz bars because they will often have the lowest dealer premium per ounce. This makes them ideal for adding weight to your silver portfolio when stacking silver.

Some leading private mint one hundred ounce silver bars include those manufactured by Asahi Refining, Scottsdale Minting, Royal Canadiam Mint, Valcambi, Germania and others. Some designs and manufacturers may offer some rarity and collectability which could have an impact on premiums down the road.

A 100 ounce silver bar is an investment vehicle that can be utilized to stack your wealth at home while taking up only a relatively small storage space.

Each mint works within the conditions of their affiliation organizations certifications, such as LBMA, to ensure that these silver bars adhere to the outlined specifications. There is no standard size for a silver bar of this weight class and the dimensions will vary between manufacturers.

However, each 100 ounce silver bar contains almost 7 pounds of silver!

Secondary market 100 oz Silver bars are circulated. Which means that they were at some point sold back to a bullion dealer, pawn shop, local coin store or other exchange. Secondary market precious metals, sometimes refered to as “Dealer’s Choice”, typically have lower premiums than when they were newly minted and make an ideal choice as a store of wealth.

All hundred ounce silver bars are stamped with their weight and purity and include the manufacturers hallmark.

Industrial Demand for Silver

Precious metals and other commodities are always in demand by many industries. They play a significant role as components in many of the things that are part of our everyday lives.

Silver is one of the most efficient conductors of electricity. Many everyday electronic devices, such as cell phones, computers, solar panels and electric vehicles are all made various amounts of silver embedded in the circuitry. There is roughly 1/3 of a gram of silver (0.34g) inside the average iPhone.

While each device only has a small amount, considering that Apple has sold over 1.5 billion devices since 2007. When added up, that’s 510,000,000 grams or 16,396,881 troy ounces of silver.

In perspective, iPhone manufacturing alone has consumed more than 464,843 kilos of silver.

Already, more than 5.3 billion discarded smartphones that have been piling up in landfills as e-waste. With at least another 151 million being thrown away each year. The majority of that silver will likely never be recovered and is likely gone forever.

Today, advanced wound dressings and ointments are compounded with elemental silver and silver ions. The anti-bacterial properties have been used to treat severe burns and other skin ailments for more than 6,000 years.

Silver also plays a prominent role in medical imaging, x-rays and other radiographic imaging.

According to Statista, the jewelry industry consumed more than 202 million troy ounces worldwide in 2022 alone, more than 6,250 tons.

Generic 100 oz Silver Bars

The price of silver is driven by the spot futures markets. Those markets are where brokers for various industries buy silver with the expectation that it will be mined, refined and delivered by a specific future date.

Many modern industries are responsible for consumption of silver that will never be recovered or recycled. This will compound and effect the rarity and availability of silver and drive prices up over time.

Value investors look to the secondary market when searching for the lowest premiums on 100 oz silver bars. These are typically generic, private mint bars that have been bought and sold multiple times after being bought when they were freshly minted. Signs of wear, tear and patina can be indicative of its age and it’s common that most of these bars will have some dings, dents and scratches.

Some investors looking to preserve spending power consider generic 100 oz silver bars to be the perfect investment item. It’s often used as a hedge against high inflation because they maintain their intrinsic value.

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Demand for Silver Eagles Spikes, Along with Premiums

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It’s become pretty indisputable that the economy is in the worst state that many Americans can remember since the 2008 financial crisis and the deep recession that followed.

As a result, investors are clamoring for gold and silver bullion like never before. Demand for government issued coins, like the American Silver Eagle and the Canadian Silver Maple Leaf have skyrocketed in recent weeks since the start of the banking crisis.

However, the US Mint continues to be slow and unable to meet demands, which has caused significant increases in recent weeks to a recent high of around 60% over spot price. Some dealers, such as APMEX and JM Bullion are currently showing premiums for silver eagles at over 88% above spot price.

The US Mint outsources the manufacturing of planchets, which are coin blanks that are pressed by the mint to produce the coins. Working only with a handful of select manufacturers that meet the requirements.

Disruptions to both global and domestic supply chains effecting precious metals continue to impact investors and industry.

The raw materials used to mint Silver Eagles must be sourced from domestic silver mines, as prescribed by law.

The Mint has been unable to meet demand since 2021 when more than 28 million coins were sold. While investor demand remained strong in 2022, the Mint was only able to produce around 16 million coins.

So far in 2023, the Mint has reported sales over more than 6 million coins. However, numerous reports state the mint shifted production in late 2022 to start producing coins for the current year, which is the main reason the Mint was able to report 3,949,000 coins sold in January.

Sales reports show only 900,000 coins being sold in each month of February and March which is far below the Mint’s production capacity.

In 2015, the Mint sold 47,000,000 Silver Eagle bullion coins, the highest on record.

Year 1 oz ASE bullion coins
201914,863,500 coins
202030,089,500 coins
202128,275,000 coins
202215,963,500 coins
2023
(4 months)		6,199,000 coins
Recent Years Sales and Mintage Totals of 1 oz Silver American Eagle coins

It’s pretty indisputable that the economy is in the worst condition many Americans have seen since the 2008 financial crisis and the deep recession that followed.

This time around, the economy has been wrecked by a record combination of prevailing events.

It began before COVID was even a thing in September 17, 2019.

Repurchase agreements, often referred to as “repos” are short term loans between banks and financial institutions. That morning, interest rates on overnight repurchase agreements more than doubled. By the end of the trading day the rates had increased by 500%.

The Fed responded to the crisis by injecting $75 billion PER DAY in new liquidity into the repo market for a week to prevent a collapse.

Once the rates began to stabilize, the Fed continued their daily injections of fresh liquidity into the repo market until October 10.

During that three week time period, some estimates put the total amount of liquidity injected by the Fed at over $500 billion.

A few months later, the Biden administration put the entire country into lockdown, effectively shutting down every sector of the economy, aside from companies like Amazon, Walmart and other select corporations deemed “critical”.

Rising inflation began to take hold as the Fed continued to print more money to fund the pandemic with stimulus checks and other government handouts.

To combat the inflation crisis, the Fed responded with multiple steep increases in key interest rates that come faster than has happened decades.

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SD Bullion Updates Shipping Times, Raises Order Minimum to $500

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SD Bullion notified customers today that increases in sales volume in recent weeks has led to delays in order processing and shipping. The company cited a huge demand in precious metals sales that began with the announcement of the Silicon Valley Bank collapse several weeks ago.

Under normal circumstances, the company typically ships orders within 1 to 3 business days of payment clearance.

Current backlog for some orders is reportedly extending out 7 or more business days. In addition, they are temporarily limiting new orders to over $500.

Money Metals Exchange provides a note on their website stating to expect order delays of up to an additional 1 to 2 business days.

In discussions across various online forums, precious metals buyers assert strong sentiment about fear about the true state of the economy and cited an overall lack of confidence in current leadership.

Wholesale and secondary market inventories have been drying up across the industry. One major industry wholesaler shows shipping delays on many common gold bullion products extending into April.

The same wholesaler is reported extended delays of newly minted 1 oz silver rounds extending to mid-to-late April.

Long shipping delays on the wholesale level are often indicative of underlying issues with the supply chains feeding the refineries and private mints. Reports from COMEX have shown a tremendous outflow of silver in recent weeks as more paper contract holders are opting to take physical delivery.

Analysts are predicting the most recent rate hike may likely be the last and are forecasting that lower rates will be coming in a future cycle.

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Understanding Silver Toning: Causes, Effects, and Cleaning and Value

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One of the more mysterious properties of silver is that it is prone to tarnishing when exposed to air. The oxidation of sulfur-containing compounds in the air.

The process can occur rapidly, such as with artificially toned coins, or gradually, with some beautifully naturally toned numismatic silver coins selling for much higher premiums than cleaned coins.

Silver is prone to tarnishing and many investors of silver bullion, coins, and sterling silver antiques often have questions and want to learn more.

The tarnish that forms on the surface of silver is a layer of corrosion that can affect the appearance and luster of the shiny metal.

Why does silver tarnish?

Tarnish and toning are caused by a chemical reaction that occurs naturally when silver is exposed to air and moisture. The chemical reaction occurs when the environment contains trace amounts of sulfur substances.

The reaction produces a dark compound that forms on the surface called silver sulfide. This reaction can occur faster in humid environments or when silver is exposed to other chemicals such as chlorine.

Silver-sulfide is an inorganic chemical compound that is a dense black solid. The compound has a variety of uses, such as an ingredient in anti-microbial and anti-bacterial agents and as a photosynthesizer in photography.

It is a normal and natural process that occurs even in environments deprived of oxygen such as those found from shipwrecks like the SS Gairsoppa.

Some modern collectors prefer to buy toned silver coins because of the colorful beauty and history.

Artificial toning is becoming more common as stackers experiment by sealing silver coins in airtight containers with sulfur-containing foods like eggs.

It’s important to have silver coins evaluated and appraised by an expert to determine if there is added numismatic value.

Other factors can contribute to the formation of tarnish in unique patterns such as with tab-toned coins which are from long-term contact with rubber bands, cardboard templates and tape.

Physical contact with items containing large concentrations of sulfur-rich compounds can cause silver to tarnish at a faster pace.

A common question amongst new investors comes from strange tarnish patterns that happen from storing silver coins in soft plastic “coin flips”. The soft plastic contains PVC compounds that interact with the silver oxidation process and can produce black marks that are unsightly.

It is common to clean silver bullion coins and rounds that have no numismatic value. It will not effect the value. Silver bullion coins will always retain their intrinsic value whether they are tarnished or cleaned. Some investors prefer cleaning silver bullion coins to maintain the alluring luster.

E-Z-Est is a product widely used by both numismatists and bullion investors alike that can quickly restore the luster to silver coins. It is easily available from Amazon.com or from most local coin stores.

UV rays from sunlight have also been shown to speed up oxidation. Simply leaving a silver coin in the window can accelerate toning.

Toning vs. Tarnish?

Toning is natural as the silver reacts with various environmental factors, such as air, humidity, and light and can result in a wide range of colors on the surface. Some numismatic collectibles like Rainbow-Toned Morgan Silver Dollars show an incredible range of blue, green, purple, and gold hues that add significant numismatic premium. Natural toning is desirable in antiques and collectible silver coins as many see it as an enhancement to the beauty and value.

Artificial Toning

Artificial toning is achieved through various methods such as excessive exposure to sulfur, heat, and UV light from the sun or artificial sources.

There are a variety of tutorials online that demonstrate the use of commonly available chemicals such as potassium sulfide and liver of sulfur to create some unique and colorful toning that looks amazing.

Anodization is a process that uses electrolytic chemistry to accelerate the thickening of the silver-sulfide layer. Some collectors may use toning solutions or sprays to tone their silver items artificially.

While artificial toning can create an attractive appearance, these methods do not add numismatic value and are often considered by some collectors to be damaged coins.

As such, it is important to be cautious when purchasing toned silver items and to only buy from reputable dealers who can verify the authenticity of the toning when you are shopping for numismatic coins.

Whether toning increases or decreases the value of silver depends on the item and the market. In some cases, tarnish is seen as a patina that shows the authenticity and provenance, which can add significant premiums to historical coins and antiques.

Cleaning Tarnish from Junk Silver Coins

Circulated junk silver coins commonly show patina that can be unsightly in appearance. There may also be ugly gunk that builds over the many decades of circulation.

Junk silver has no numismatic value and cleaning it won’t harm the intrinsic value. Though most investors prefer to buy 90% silver coins with the original patina and may be skeptical when it comes to buying cleaned coins. Which could make it more difficult to sell.

It is common to come across BU condition 1964 silver quarters among 90% silver lots. The shine really stands out and there are some methods to clean junk silver in ways that won’t effect the underlying intrinsic value.

There are some readily available silver coin cleaning solutions such as E-Z-Est and polishing creams. These work best for small amounts.

One of the easiest at home methods uses only hot water, baking soda and aluminum foil and takes just a few minutes.

Silver Toning

Natural toning is highly desirable collectible coins and for antique silver items. It can enhance the beauty and value of silver. However, toning can also be a concern for those investing in bullion or coins.

In general, toned Silver can increase in value over time. A natural silver tarnish is considered good as it can enhance the uniqueness, rarity and desirability of silver.

Researching and seeking reputable dealers who can provide you with authentic, naturally toned silver items is important.

Understanding the causes and effects of silver tarnish is essential for those who invest in silver bullion, coins, and antiques. The main cause of tarnish is exposure to elements which leads to a chemical reaction producing silver sulfide.

Other factors, such as contact with certain materials and exposure to sunlight can also cause tarnish to form. While tarnishing can detract from the shiny appearance, many investors see it as an enhancement to the beauty and value of silver.

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Cheaper Alternatives to Silver Eagles

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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.

1 oz Silver Coins

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.

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Buy Silver at Spot Price Returns to SD Bullion

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Pre-pandemic, many online bullion dealers would offer new customers the opportunity to buy 5 oz or 10 oz of silver at spot price.

These incentives are a great for those who are new to investing in precious metals. They offer an opportunity to experiment with a new asset without very little risk.

Why? because silver and gold maintain intrinsic value.

The 5 oz silver at spot price deal is back at SD Bullion. New customers who sign up are offered the chance to purchase a five troy ounce silver bar with no premium and no markup.

SD Bullion provides free shipping on orders over $199. In order to capitalize on the free shipping, it is best to add a few more ounces to you cart to get the best of this deal.

Our list of silver at spot deals updates regularly as these offers become available. Be sure to check out the latest offers from dealers.