Recommended Buying Guides
Whether the cool luster of silver appeals to your sense of aesthetics or you prefer to include precious metals in your investment portfolio, silver bars and rounds are a popular choice for collectors, investors, and wannabe pirates. The price of gold makes it difficult for the average person to collect or invest in bars, rounds, or legal tender coins. With a much lower price per ounce, silver is a popular way to preserve wealth against inflation or currency devaluation. These investment-grade pieces are made from 0.999 Fine silver. Silver bars and rounds are not minted legal tender, like a Standing Liberty silver dollar. Silver coins that have been in circulation, as well as uncirculated legal tender, command higher prices on the market because of value, rarity, and other factors that contribute to the coin's grade. Bars and rounds often feature patriotic or cultural designs or the logo of the metals exchange that sells them. Some rounds are reproductions of classic silver coins, but they are not the same as those coins. Bars and rounds are valued solely for their silver content, based on the spot price of the metal on the commodities market. Because gold is traded on the market more heavily than silver, its value is normally more stable than silver. Silver bars are available in several sizes, including 1 oz., 10 oz., and 100 oz. They feature imprints of the fineness of the silver, the weight, and the source of the bar. Bars are usually sold at a lower premium to the spot price than silver rounds, making them a slightly better value than some of the more popular rounds. When in doubt, consult with a trusted precious metals advisor who is not involved in the transaction.