The Morgan Silver Trade unit round is minted from 1 troy oz of .999 fine silver. Since these are privately minted silver rounds they are not legal tender in any country therefore they do not feature a denomination. Silver rounds usually carry lower premiums when compared to similar government issued bullion coins.
The front of this .999 fine generic silver round replicates the popular 1878-1921 Morgan Dollar. The motto "E Pluribus Unum" is arched across the top. The reverse of the 1oz Morgan trade unit features simple yet elegant design of a large scale with some silver rounds on the left side and some masses on the right. Above the scale is the weight in both troy ounces and grams. Along the bottom it reads the silver purity of .999 and also reads "silver trade unit."
Generic silver rounds are a cost-effective means of purchasing physical silver. The standard trade unit for which the price of silver is based upon is one troy ounce. The Morgan Design Trade Unit silver round features a classic American design without huge numismatic premiums like their collectable counterparts.