2024 Australian Silver Coins
A quick look at some of the new silver coins from the Perth Mint for 2024
Silver is sold by the troy ounce because it is a widely accepted unit of measurement for precious metals. The use of troy ounces to measure silver dates back centuries and is deeply ingrained in the precious metals market.
The troy ounce is a convenient and practical unit for measuring silver for several reasons:
Historical Tradition: The use of ounces to measure precious metals, including silver, has a long history dating back to ancient civilizations. It has been used in trade and commerce for centuries and continues to be the standard unit for precious metal transactions.
A quick look at some of the new silver coins from the Perth Mint for 2024
Buying monster boxes can be a practical choice for investors who prefer to buy in bulk and are serious about silver exposure. They provide a bulk alternative to purchasing bullion coins one at a time, often resulting in a lower overall premium cost, making them one of the best allocations for investors who prefer mint fresh BU coins.
Introduced in 2019, the series highlights the “Big Five” animals—a term that originally referred to the five most dangerous animals to hunt on foot. The latest release include 1 oz silver coins featuring the Leopard and the Cape Buffalo.
Investment grade silver coins are high-quality, government-minted coins that contain a specified amount of pure silver. These coins are recognized for their silver content, purity, and legal tender status, making them a reliable store of value. Some popular examples of investment grade silver coins include the American Silver Eagle, Canadian Silver Maple Leaf, and the Austrian Silver Philharmonic.
To celebrate the 20th Anniversary of the Call of Duty video game franchise, Activision has partnered with PAMP Suisse to develop a line of limited edition silver and gold bars featuring the imagery from the game.
Costco’s decision to sell precious metals is being viewed as a strategic way to tap into niche markets while exposing precious metals as store of value and wealth to their diverse customer base.
Costco’s venture into selling precious metals is helping to set a new retail trend that blurs the lines between everyday shopping and investing.
The Royal Mint is known for its beautifully crafted and intricate designs, often steeped in British history and culture. From iconic images like the Britannia and the Tudor Beasts series to special commemorative issues, the designs are not only artistically appealing but also often have cultural significance and intrinsic value.
The Austria Philharmonic coins are a harmonious blend of art, music, and stand as a testament to Austria’s rich cultural heritage. Issued by the Austrian Mint, these coins pay homage to one of the country’s most famous and enduring symbols: the Vienna Philharmonic Orchestra.
Modern minting technology allows for a wide range of finishes, providing both government and private mints with many creative options in the ideation of unique coins. Each finish serves a specific purpose and contributes to the overall appeal and collectible value of the coin.
More people are buying precious metals as a store of value to hold in lieu of cash.
There are a lot of reasons why silver is superior to gold, beyond the most obvious.
Although silver is up over 100% since the start of the pandemic, most believe there is much more upside potential with silver relative to it’s current value.