Silver Rounds by Theme
Themed Silver rounds come in assorted designs that break from traditional commemorative sets. There are many options to choose from. Themed silver rounds celebrate special occasions, armed forces, religious, holidays, lunar and other commemorative events.
What is the Difference Between Silver Rounds and Coins?
A silver round and a silver coin are similar in many ways but differ in several key aspects. Here are the main differences between the two:
Silver coins are usually issued and recognized as legal tender by a government or a sovereign authority. They have a face value guaranteed by the issuing country and can be used as a form of currency to pay for goods and services. Examples include the American Silver Eagle, Canadian Silver Maple Leaf, and the Austrian Silver Philharmonic. On the other hand, silver rounds are not considered legal tender and do not have a face value assigned to them, but they may prove to have value based on the current silver spot prices.
Design and Minting
Silver coins often feature intricate designs, national symbols, historical figures, or cultural elements specific to the issuing country. They are minted by government-owned or authorized mints, which ensures their quality and authenticity. Silver rounds, on the other hand, can be produced by private mints or refineries. While some silver rounds may feature unique designs or commemorate specific events, they are generally simpler than coins.
Silver coins typically carry a higher premium over the spot price of silver due to factors like government backing, limited mintage, and collectability. The premium represents the cost of production, distribution, and the added value of being recognized as a legal tender. Silver rounds, lacking legal tender status and often privately minted, generally have lower premiums than coins. This makes them a more cost-effective option for investors seeking silver bullion.
Silver coins are more widely available and can often be purchased directly from government mints, authorized dealers, or reputable coin shops. They are regularly minted and distributed to meet demand. While still readily available, silver rounds may have more limited distribution channels as they are often produced by private mints with smaller production capacities.
The Most Popular Silver Rounds
By far, the most popular silver rounds based on our sales are the one-ounce Silver Buffalo Round and the Morgan Dollar.
The One-Ounce Silver Buffalo Round
The One-Ounce Silver Buffalo Round is a popular silver bullion round minted in the United States. It features a design inspired by the iconic Buffalo Nickel, which was in circulation from 1913 to 1938. The round is made of one troy ounce of .999 fine silver and is often sought after by both investors and collectors.
The Morgan Dollar
The Morgan Silver Dollar is one of the most famous and widely collected coins in American numismatic history. It was minted from 1878 to 1904 and again in 1921. The .999 fine silver coin is named after its designer, George T. Morgan, who was an English-born engraver at the United States Mint.