Silver Art Bars And Rounds
Art bars and rounds are usually made by private refineries to commemorate a special occasion or personality, and have no legal tender value associated with them. Art bars and rounds are typically purchased for the appeal of their aesthetics and the intrinsic value of their fine silver content. The most common size rounds and bars are 1 troy ounce, but you may occasionally find larger and smaller sizes, as well.
History of Art Bars and Rounds
Silver rounds and art bars are a relatively recent development. The U.S. Mint ceased minting silver coins in 1964 due to the rising cost of raw silver. This led to an acceleration of the hoarding and melting of the silver coinage that remained in circulation, and left citizens with no ready way to hold silver as an inflation hedge. Subsequently, private companies responded to the unmet demand, entering the precious metals market by making collectible silver bars and silver rounds.
Led by the Foster Company in 1969, many private mints and refineries began marketing collectible silver art bars, art rounds, and medals to the public, depicting almost every conceivable subject under the sun. Many of these collectibles ended up going into the melting pot when silver prices spiked in 1979, leaving just a limited number available for present-day collectors. Silver art bars and rounds enjoy a thriving market today as people look to them not only as a means for accumulating bullion, but for their aesthetic value as well.
Themes of Art Bars and Rounds
An almost limitless number of topics and motifs are featured on silver art bars and rounds, ranging from those that are historical in nature to those that have a more contemporary theme. An especially popular topic is any of the various causes for special celebration, such as weddings, newborn children, graduations, birthdays, holidays, or any other meaningful anniversary. Many of these kinds of commemorative art bars leave a blank space in the middle for the recipient’s name to be custom engraved, adding a personal touch to the bullion item.
More specific themes such as corporate promotions, historical milestones, and famous events can also be featured on art rounds and bars. This is a great way for precious metal investors to add something desirable to their silver stack without paying a high premium. It also makes these rounds or bars an ideal personalized gift for friends and loved ones. Check out all of the different designs on our bars and rounds at Gainesville Coins!