Investing in silver comes in various forms. The primary forms in which you can buy silver include rounds, bars or coins. These are the most popular formats for buy and investing in physical silver bullion.
Silver Rounds are a quintiscential item for those who buy silver. Silver rounds are often referred to as generic silver rounds or just 1 oz silver rounds. They are minted by a number of private manufacturers such as the Sunshine Minting, Silvertowne, Republic Metals (RMC) and others.
When you buy silver rounds from online bullion dealers they will often come loose in 2x2 coin flips to protect them during shipping. When ordering larger quantities, typically 20 or more, the rounds should come delivered in a sealed tube or roll directly from the mint, unless otherwise noted in the product listing.
Silver bars are probably the product that comes to mind when most people think of silver bullion. The most common sizes to buy silver bars are 1 oz, 5 oz, 10 oz, kilo and 100 oz. Silver bars are also available to buy in fractional sizes.
The 1 troy ounce silver bar is by far the most popular size silver bar that people buy. One ounce silver bars can be bought with a low premium over spot price. The are readily available from most every online dealer. With few exceptions, 1 oz silver bars are minted by private mints.
Silver Coins are those minted by sovereign governments. The most popular silver coins are the American Silver Eagle and Silver Canadian Maple Leaf coins.
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