Cheapest Silver Coins

Finding the cheapest silver coin prices online

Silver coin prices change quickly depending on mintage, supply, demand and the spot price of silver. Each online dealer updates their prices dynamically during times when the silver markets are open. Our pricing tools regularly monitor the pricing of silver coins on dealer websites and update our listings 24 hours per day.

Are silver coins better than rounds?

Silver bullion coins are minted by sovereign governments. Silver coins have a nominal face value in the local currency of the country where they are produced.

Silver rounds are produced by private mints and do not carry a face value denomination. Silver coins typically have a higher premium than silver rounds because the coins are backed in full faith by the government mints.

Examples of modern silver bullion coins include American Silver Eagles, Canadian Silver Maple Leafs, Austrian Silver Philharmonics, British Silver Britannias, Chinese Silver Pandas, Mexican Libertads and others. Circulated silver coins, often referred to as Junk Silver, are also considered investment grade silver coins.

Government minted coins come with a guarantee from the mint for the weight and purity. Coins also come with legal tender designation in their specified currency and face value. Silver coins are a recognized form of real money and come with all of the benefits

Buying Silver Bullion Coins for Investment and Store of Wealth

Silver bullion coins are minted by sovereign government mints. They are guaranteed for their weight and purity and have the backing of a government. The most popular silver bullion investment coin is the American Silver Eagle coin.

The American Silver Eagle is a one-troy ounce investment coin that is produced by the US Mint. Silver Eagles and other coins such as the Canadian Silver Maple Leaf and Austrian Silver Philharmonic are popular amongst investors and are highly recognizable.

Premiums on government backed silver coins have been at historical highs due to a number of industry and economic factors. The ongoing problems with the economy, specifically inflation and high interest rates have many more people buying silver coins as a trusted store of value and wealth. Having a stack of silver coins can provide a financial "safety net" for when the markets head into a recession. It's a good idea to shop around with multiple dealers to find the lowest silver coin prices.

How much is a silver coin worth today?

The melt value of a silver coin depends on the weight of the silver content. Many modern government silver bullion coins weigh 1 troy ounce and are minted from pure .999 fine silver.

Based on today's silver spot price, each 1 oz silver coin is worth $62.93.

However, government coins are also available in a variety weights and some include other silver composition.