For investors looking to diversify into precious metals without breaking the bank, silver rounds offer an attractive alternative to coins at a lower premium. Silver rounds are produced by private mints and minted from .999 fine silver. Unlike coins, which are minted by government entities and carry legal tender status, rounds offer a key advantage: lower premiums.
While coins like the American Silver Eagle or Canadian Maple Leaf command higher prices, rounds deliver the same intrinsic value at a fraction of the markup. Typically priced just above the spot price of silver, rounds are an efficient way to stack physical bullion for wealth preservation or speculative gains.
SilverTowne Rounds
SilverTowne, a trusted name in American bullion since 1949, produces high-quality rounds that appeal to both novice and seasoned investors. Their 1 oz .999 fine rounds feature classic designs, like the Prospector or the American Buffalo, blending affordability with aesthetic appeal.

SilverTowne silver rounds are carry a reputation for consistency and competitive pricing—usually just a dollar or two over spot—makes these a staple for bulk buyers looking to maximize their ounces per dollar.
Scottsdale Minting
Scottsdale Mint, based in Arizona, is renowned for its artistic flair and precision minted. In addition to a variety of one ounce rounds, their signature issues include the Scottsdale “Stacker” Rounds with its interlocking design, catering to investors who value both utility and uniqueness.

Crafted from .999 fine silver and available in 2 oz, 100 grams and 5 oz sizes, these rounds are thicker and heavier-feeling than many competitors. Scottsdale Mint silver rounds offer a premium tactile experience without a steep premium price.
Sunshine Minting
Based in the United States, Sunshine Minting is a major supplier of silver planchets (coin blanks) to the U.S. Mint, brings its expertise to its own branded rounds.

Sunshine Minting 1 oz .999 rounds feature the iconic Sunshine Eagle or simple radial designs. The reverse features the MintMark SI™ security feature—a micro-engraving visible using a special decoder lens to verify authenticity. These rounds are a favorite for those prioritizing trust and liquidity.
Asahi Silver Rounds
Asahi Refining, originally a Japanese company now operating globally, acquired Johnson Matthey’s North American assets in 2015, inheriting a legacy of quality.

Asahi 1 oz .999 silver rounds sport a minimalist design featuring the Asahi logo. Known for impeccable refining standards, Asahi rounds appeal to investors seeking industrial-grade reliability at a modest premium.
PAMP USA
PAMP Suisse, a Swiss refining giant, extends its prestige to its U.S.-produced silver. The 1 oz .999 rounds feature an update to the iconic Buffalo design.

While PAMP silver rounds carry a slightly higher premium than generic options, their stunning artistry and global brand recognition justify the cost for investors doubling as collectors.
Generic Silver Rounds (Buffalo, Morgan, etc.)
Generic silver rounds, produced by private mints, mimic popular coin designs like the Buffalo (inspired by James Earle Fraser’s Indian Head Nickel) or the Morgan Dollar’s Liberty profile.

These 1 oz .999 rounds lack a specific mint brand, keeping premiums razor-thin—sometimes as low as $0.50 over spot in bulk. They’re the ultimate utilitarian choice for pure silver stacking.
Golden State Mint
Golden State Mint (GSM), a Florida-based private mint, offers a wide range of minted products, including the Aztec Calendar 1 oz rounds with standout designs—a detailed nod to Mesoamerican culture—or simpler bullion motifs.

GSM’s direct-to-consumer model keeps costs low while delivering visually striking products that appeal to those who enjoy a touch of history or art in their stacks.
Secondary Market Silver Rounds
Secondary market silver rounds are pieces from various mints sold at a discount through dealers.
They might include older designs from now-defunct mints or circulated rounds with minor wear. While less predictable in appearance, their rock-bottom premiums—sometimes at or below spot—make them a bargain hunter’s dream.
Donald Trump Silver Rounds
Donald Trump’s rounds have surged in popularity since his political resurgence. Produced by private mints (not affiliated with Trump himself), Donald Trump 1 oz .999 fine rounds feature his likeness, slogans like “MAGA,” or patriotic themes.

Due to their novelty, they carry a moderate premium but tap into a niche market of politically inclined buyers. Potential collectible value tied to Trump’s polarizing legacy could yield outsized returns if demand persists.
Tubes of Silver Rounds
Private mints package and ship in plastic tubes usually containing 20 rounds. These tubes make it east to help preserve, protect, and organize silver investments.
Buying tubes of silver rounds from online bullion dealers usually qualifies for a price break on the premiums, making it cheaper per round than buying individually.
Silver rounds come in a wide range of designs, from classic bullion styles to commemorative and artistic designs. Some investors enjoy collecting limited-mintage rounds, which can carry numismatic premiums over time.
Common Tube Sizes:
- 20 x 1 oz silver rounds (Most common)
- 25 x 1 oz rounds (Certain private mint tubes)
- Other fractional sizes available for 1/2 oz, 1/4 oz, and 1/10 oz rounds
Building Your Silver Stack
Silver rounds shine as a cost-effective way to invest in precious metals, offering flexibility and value that coins often can’t match. Whether you opt for the trusted reliability of SilverTowne and Sunshine, the artistic flair of Scottsdale and PAMP, or the bare-bones affordability of generics and secondary market finds, each round on this list serves a purpose. Even the Trump rounds add a speculative edge with their cultural twist.
As silver round prices fluctuate, they remain a practical tool for hedging inflation, preserving wealth, or simply enjoying the tangible allure of bullion. Pick your favorites, stack wisely, and let silver’s enduring appeal work for you.
FindBullionPrices.com can help you compare online dealer prices for Investment-Grade Silver Rounds: