As a form of financial security, 1 oz silver coins are more affordable per ounce than gold.
Silver coins are issued by government mints as a trusted store of value and wealth and can be easily bought, sold, or traded due to their wide recognition as a tangible asset.
Like gold, silver is often seen as a hedge against inflation and currency devaluation.
Some 1 oz silver coins also appeal to collectors that are part of a limited mintage or a special or commemorative series, potentially adding numismatic value over time. The availability of unique and interesting designs allow investors to build diverse and exciting collections.
The most popular silver coins in the market are American Silver Eagles and Canadian Silver Maple Leafs.
Silver Eagles are the official bullion coin of the U.S. Mint, minted from .999 fine silver. In addition the to the bullion coin, the mint also issues Silver Eagle Proof coins with that are sought after by collectors.
The Silver Maple Leaf is the official bullion coin from the Royal Canadian Mint and is incorporates advanced anti-counterfeiting features.
The Britannia Silver Coin is issued by The Royal Mint and incorporates security features like micro-engraved reflective lines and laser etchings.
In addition to the Kangaroo Silver Coin, the Perth Mint of Australia issues a wide selection of coins featuring various indigenous animals like the Koala, Kookaburra and more.
These 1 oz silver coins are backed and guaranteed for their weight and purity by their issuing governments.
1 oz silver coins are a practical investment for their liquidity, affordability, low premium and convenience.
Silver coins are easily tradable and recognized globally and locally, making them one of the most liquid forms of silver.
Compared to gold, silver coins offer an affordable entry point for those looking to diversify into precious metals.
Coins from government mints are guaranteed for their purity and weight, offering a level of trust and security.
Silver coins often carry relatively low premiums over the silver spot price, making them cost-effective for stacking and investing.
These coins' compact size and lightweight nature make them easy to store and transport.
The premium is the amount charged over the spot price of silver to cover manufacturing, distribution, and dealer profit. Premiums vary depending on the type of coin, market demand, and condition.
Government-issued coins like the American Silver Eagle typically have higher premiums than silver rounds. Premiums may increase during times of high demand or silver shortages. Proof or uncirculated coins may have higher premiums due to their quality and collectibility.
A Monster Box is the term used for a mint sealed carton of silver coins and is a way to buy silver coins in bulk, typically at a lower premium per coin compared to a individual coins.
The most common size Monster Box weighs 500 oz and contains five hundred 1 oz silver coins packaged in plastic coin tubes.
Buying a mint sealed Monster Box ensures the coins you receive remain in mint state condition.
While bullion coins are minted for investment purposes, many governments also issue commemorative coins, limited editions, special and unique finishes and other 1 oz silver coins that are sought by collectors