Silver Rounds
Silver Rounds are privately minted silver discs. Their faces vary in design, but
are oftentimes commemorative in nature.
Because rounds are not legal tender, they are valued primarily for their silver
content. This makes the coins desirable to individuals who wish to simultaneously
invest in silver and avoid premiums associated with the purchase of collectable
coins.
Facts about Silver Rounds
- “Silver Rounds” are called as such because the term “coin” refers only to government-issued
legal tender.
- Rounds are generally composed of 99.9% pure silver, weigh 1 troy oz., and vary in
measurement.
- Many modern silver rounds commemorate popular modern coins such as the American
Buffalo.
- The purchase of silver rounds is a preferred method of investment in silver bullion.
Silver rounds and generic silver bars are generally sold at a lower premium over
spot silver relative to silver coins like the American
Silver Eagle, the Canadian Silver Maple
Leaf, the Australian Silver Kookaburra,
and the Chinese Silver Panda coin.
Buy Silver
Rounds
Why Invest in Silver?
Silver has been a store of wealth for thousands of years. Historical records pre-dating
classical Greece show silver's usage as a medium of exchange. In addition to its
historical role as a monetary asset, silver has long been valued for its beauty,
durability and rarity. In recent history, silver has become more associated with
being an industrial metal, however, this has been changing. Today, silver bullion
continues to grow in popularity as an investment option for many investors wishing
a well diversified portfolio. Its intrinsic value represents a safe haven not found
in many other asset classes.
Silver’s comparatively low price relative to gold makes it a more affordable precious
metals alternative. Silver has thus been sometimes referred to as the "poor man's
gold." However, investors should be aware that while silver and gold are correlated,
there is not a strict 1 to 1 correlation between gold and silver.
Silver in Metals IRAs
The Taxpayer Relief Act of 1997 expanded the range of precious metal products eligible
for inclusion in a precious metal IRA. Review which of our silver coins and silver
rounds are IRA eligible, or call Gainesville Coins at (813) 482-9300 to discuss
adding silver bullion to your investment portfolio.
Item Categories you Might Be Interested
Buy Silver From Gainesville Coins