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Investing in Silver - Are Silver Bullion Rounds a great way to Purchase Silver

Silver bullion rounds are simply another name for silver coins. The term round came into being since the silver was shaped into coins and thus was able to be stacked into rolls. This made it convenient for the coins to become handled and shipped. You'll often discover their whereabouts referred to as silver art rounds because they can be bought inscribed having a variety of designs ranging from commemorative, religious, military, cars, holidays, weapons, animals, presidents, and even Elvis!

Specifications:

   You can purchase silver rounds in sizes which range from one ounce to over one hundred ounces. The main one ounce variety is the most popular.
   Each silver round coin contains one full ounce of pure silver.
   It includes a purity of .999 fine silver.
   It is not government-backed and has no legal tender status.

Varieties:

Silver bullion rounds are available in both name-brand and generic.

silver maple leaf

Name-brand silver rounds include the one-ounce private mint produced A-Mark Gold and silver, Wall Street Mint and Sunshine Minting. These silver rounds will display the name or hallmark from the mint that manufactured them.

Generic silver rounds are produced with a number of small, little-known firms as well as those produced over the years by firms that may or may not still be running a business. They typically possess a smaller markup than the name-brand silver rounds.

Most Valuable:

Engelhard Silver Prospectors is the one ounce silver round that's most desired by collectors. It had been minted by Engelhard but is not produced since 1988. This silver round is tough to acquire and often can be bought around the secondary market.

Reasons to Buy:

   Silver rounds can easily be bought.
   They typically cost a lesser premium than government-backed silver bullion coins.
   The value of the rounds is directly correlated to the present price of silver.
   Their small size makes them perfect coins for bartering.

Conclusion:

Silver bullion rounds are affordable, simple to store, count, buy and sell. They are a very good way for the small investor or collector to take a position directly in pure silver bullion.