Silver Investing: Should I Buy Silver Coins Or Rounds?

As global economies falter and paper currencies seem doomed to decrease in value, many investors are choosing to place their trust in precious metals. Silver is a popular investment vehicle, due to its lower cost and easy liquidity, when compared with its big brother, gold.

Silver is an ideal choice for novice investors, unsure of where to put their hard-earned dollar. Not only does silver provide a tangible store of wealth for a relatively small expenditure, but it furnishes simplicity of use and convenience of accumulation. For these reasons both silver coins and silver rounds are preferred ways in which to purchase silver.

Silver coins are created by a small number of government owned mints which produce them for the purpose of legal tender or currency. Silver coins contain varying amounts of silver and come in a wide array of weights and sizes.

By contrast, silver rounds are produced by independent mints and were never intended for use as currency. The subject matter chosen for the design of silver rounds is often based on popular designs form historic or modern coins. Other rounds are distinct in design commemorating specific events, persons or other subjects of note. Silver rounds are made from .999 fine silver.

Choosing to invest in either coins or rounds may depend on the premium or mark-up to be paid. Rounds are usually sold at lesser premiums than coins, by weight of silver. Both coins and rounds may also have value as collectibles, which may affect their purchase price. Rounds produced by more well respected mints will typically fetch a higher price than those of smaller, lesser known companies.

http://silvermonthly.com/are-silver-rounds-just-as-good-as-coins/

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