Silver Rounds are another great way to collect or invest in Silver. Many mints and companies have struck Silver One Ounce Rounds in a variety of designs. We offer generic silver rounds relatively close to spot price as well as some different seasonal collectible gift items. Silver Rounds are not quite as popular as silver bars but are normally just as good of an investment with their low premiums. Sizes are more limited than bars with mostly one ounce with some five, ten ounce and odd sizes available.
Silver Rounds, while 90% on the market are 1 oz. denomination do come in a variety of weights and sizes. Silver rounds are crafted after coin designs but they are manufactured by private mints rather than countries. We do offer some 4 Ounce, 6 Ounce and 8 ounce varieties as well as 1 Troy Pound. New to the market are fractional silver rounds such as 1/10th, 1/4 and 1/2 Ounce sizes. Minting of these sizes began when silver topped $40 an ounce creating demand for these smaller sizes. the downside to the fractional rounds is their premiums can be high because production cost is the same as creating a 1 oz round. This can drastically affect your cost per ounce of silver.Cost Of Silver Rounds
1 oz. silver rounds are going to be the most common and best option for investing in silver bullion. They generally range from less than a dollar over spot price to a few dollars over the current silver price per ounce. Some specialty rounds can be more depending on their manufacturer and demand but generally you shouldn’t pay as much for private mint silver rounds as you would for silver coins.
Popular manufacturers of rounds have come and gone throughout the years. Currently the most popular are Silvertowne, NTR Metals, AMARK and OPM. All of these producers of rounds are reputable and their products trade roughly around the same price over silver spot price.
Silver rounds usually come in tubes or rolls of 20 coins per roll and boxes of 500 rounds are commonplace in the market. A great way to put away some .999 pure silver bullion.