1 oz Silver Rounds
1 oz silver rounds are a low premium solution for one’s precious metal buying needs. As with all silver, a substantial store of wealth is quite bulky, but nonetheless these silver coins do store conveniently in coin tubes, which generally come in stacks of twenty coins.
There are myriad private mints of silver, and so therefore even more styles of rounds. The images on a silver coin can vary from Marilyn Monroe nude (including titties), Merry Christmas 1986 rounds to patriotic 9/11 commemorations. Familiar to many is the Max Keiser silver round which was overpriced when released by Northwest Territorial Mint and included the saying, “Global Insurrection Against Banker Occupation.”
I suggest purchasing a variety of rounds (as a form of diversification), but staying away from the Merry Christmas ones of the 1980s. These, it could be argued, are less liquid due to the psyche of the investor, even if objectively the silver content is the same as any other round.
They are a low premium alternative in the same family of silver retail products as 100 oz silver bars, 10 oz silver bars, 1 oz silver bars and 90% junk silver. These products have in common that they are either privately minted or low premium when compared to the national government coinage. As always, be sure to nudge your bullion dealer for the nice ones and maybe take a bit off the top (it’s important to practice bartering), but make sure they can keep on paying their bills!