Top 4 Best Silver Bullion Bars & Coins to Buy This Year
If you haven't already wondered what silver will be in the future, you may be now looking for the best silver to buy. Each has their own benefits and set backs but knowing the greatest silver bullion can help you make that choice. So, what type of silver should you buy? Have a look at our top 4 types below to find out!
Table of Contents
- Best Silver Coins to Buy
- Junk Silver Coins to Buy
- Top Silver Bars to Buy
- Silver Rounds to Buy
- How to Invest
1. The Secret Behind 1 Oz Silver Coins
These coins are common, highly recognizable, composed of .999 fine or better silver, and are not prone to high premiums like rare uncirculated early US silver coins.
Best Silver Coins to Buy
- Silver American Eagles Coins
- Silver 1oz Eagles Silver Coins
- Silver 2020 Eagles Coins
- Silver Random Year Eagles Coins
- Silver Eagles Coins Monster Box-Sets
- Silver Canadian Maple Leafs
- Silver Australian Kookaburra
- Silver Australian Koala
- Silver Britannia
- Silver Austrian Philharmonic
- Britannia Silver Coins
So - Silver Coins Worth to Buy?
These silver coins are accepted world-wide as silver bullion, and you can be sure you will have no problems conducting trade in these coins if the need arose. Coins minted by governments like the American silver eagles and Canadian maple leafs are also legal tender, at $1 USD and $5 CAD respectively.
The American Eagles are a popular choice for investors. These silver eagles are quote easy to purchase with many options including silver in bulk coins for eagles. However, there are other options than just the American Eagles.
Highly Quality Fine Silver & Silver Coins
Fine silver is reserved for bullion investment products; The most common forms of silver bullion are silver bullion ingots, or bars, and silver bullion coins. Unlike silver bullion bars, which can be minted anywhere in any quantity, silver bullion coins and collectibles are specific to each particular mint and issued in limited quantity, adding significantly to their value over time.
2. Pre-1964 US 90% “Junk” Silver Coins (They Aren’t Junk!)
Junk silver is an informal term for any silver coins in fair condition which has no numismatic or collectible value above the bullion value of the silver it contains.
So - Silver Junk Coins Worth to Buy?
Junk silver coins can usually be found with little to no premium, and have the added upside potential that some years or mintages are or will become rare coins and more valuable than their silver content alone.
3. .999 Fine Silver Bullion Bars
Solid bullion silver bars of .999 fine purity are a great way to buy silver. However, I do not suggest buying 100 oz silver bars unless you already hold at least a thousand ounces of silver, so that you do not have more than 10% of your entire stack in any one single piece of physical silver.
Smaller Silver Bars Have Good Resale Value Like Coins
The silver market for resale and trade for such a large bar of silver will be severely limited compared to one-ounce coins or ten-ounce silver bars, and you do not want to be stuck trying to purchase a loaf of bread or bag of rice for your family when all you hold is a 100 ounce bar of silver.
Are Silver Bars Worth Buying?
Due to the fact that any private mint can produce silver bars, they typically carry lesser premiums over spot than silver coins, which can only be produced by government mints.
Consider Larger Silver Bars
Larger silver bars, such as 10 oz or 100 oz sizes, carry less of a manufacturing premium over spot than smaller bars or rounds, so they are often the cheapest way to purchase .999 fine physical silver. Silver bars also excel as an investment choice if you know when the silver price goes up in value.
Top 2 of the Best Silver Bars to Buy
- 10 oz. Silver Bar to Benefit From Silver Price
- 100 oz. Silver Bar For Larger Investments
4. 1 Oz Silver Rounds
If you are stretching your silver investment dollar as far as you can, you can squeeze some extra value by purchasing “generic” 1 oz silver rounds. You want to purchase .999 silver 1 oz Silver Rounds that are clearly marked for weight and purity and come from well-known mints.
Private Companies Behind These Silver Rounds
Non-government mints issue silver bullion rounds. Private companies like the Sunshine Minting Company, the Highland Mint, and the Northwest Territory Mint all issue investment-grade silver bullion rounds.
What is the best type of silver to invest in?
Purchasing 1oz silver coins such as American Silver Eagle 1oz coins is recommended as a type of silver to invest in by
- Coins are good way to diversify & benefit
- You can benefit from junk coins with a lower price
- Bars can protect you with a long-term price in silver
- Enjoy the price benefits by considers a IRA rollover
Recommended Silver Dealers
Now that you know of the best types of silver, are you looking to make a serious investment in silver? We recommend you consider our
- How to Safely Clean Your Silver Coins at Home
- Best Types of Silver to Buy & Invest In
- Silver Coins Vs Silver Rounds
- Should You Stack Silver?