What are the Top 10 Silver Coins for Investment?
Below is a current list of the best Silver coins for investment. This is not a definitive list, but based on recognizability, liquidity, “bang for your buck” and the potential return on investment. These are the Silver investment pieces most attractive to investors.
The Silver American Eagle is the official Silver bullion coin of the United States and one of the few Silver bullion coins guaranteed for weight, content and purity by the U.S. government. The Silver American Eagle enjoys unparalleled recognition and liquidity. This coin may be as good as money in the bank.
The Canadian Silver Maple Leaf has great recognizability, featuring the iconic single maple leaf that is a powerful symbol of Canada. The Silver Canadian Maple Leaf coin offers good liquidity and value. Featuring RCM’s new MintShield™ white spot reducing technology, the Silver Maple Leaf Coin is unmatchable. The coin also features an added measure of security with its unique design of light diffracting pattern of radial lines.
These famous British coins have steadily increased their fineness and coins issued 2013 and later boast .999 fineness. This, with the vast respect and recognizability commanded by The Royal Mint, makes Silver Britannias an excellent value with good potential for liquidity.
Struck by one of the oldest North American mints, la Casa de Moneda de Mexico, the Mexican Libertad Silver coin is one of the most famously beautiful Silver bullion coins available today. The artwork featured on the Silver Libertad is both arrestingly beautiful and important to the history of Mexico. Its legendary design and limited mintage make the Mexican Libertad Silver Coin a sought-after addition to any coin portfolio.
The Somalia Elephant has a huge potential for return on investment. Certain issues of these coins, when graded as MS-70 by third-party grading services, have produced a return on investment of more than 300%. That is an exciting possibility, and this coin might be perfect for you. It is struck from .9999 Silver and should have the growth potential of any respected Silver coin.
Morgan Silver Dollars were minted from 1878 to 1904, and then again in 1921. These coins are struck from planchets comprised of 90% Silver and 10% Copper. Although there are Morgan Silver Dollars that command enormous numismatic premiums, lower-quality coins from years with plentiful mintages can be purchased at just a bit over Silver spot price. Morgan Silver Dollars boast such wide recognition that they are extremely popular even with Silver collectors and investors.
The Austrian Silver Philharmonic is a low-mintage coin that many believe outshines even the Canadian Silver Maple Leaf in its beauty. The Philharmonic is the only Silver coin denominated in euros, bearing a legal tender value of €1.5. One side features select musical instruments from the Austrian Philharmonic Orchestra, that great national treasure of Austria, while the other side depicts the Golden Hall in Vienna, the site of the orchestra’s annual New Year’s Day concert. Silver Philharmonics offer a great way to branch into European coins and they generally have reasonable premiums.
From 1837 to 1964, United States ten-cent pieces were made of 90% Silver
and 10% Copper, just like the aforementioned Morgan Silver Dollar. Dimes, naturally, are smaller and thus these contained less Silver at approximately 0.0715 troy ounces per coin. Although some of these older dimes have become numismatic collectibles, those commonly called “junk” Silver dimes can be purchased by the bagful from reputable Precious Metals dealers. The per-ounce premium may seem a bit high, but especially if you invest in Silver as a hedge against the collapse of fiat currency, the increased liquidity of smaller coins may justify the premium for your purposes.
The Kangaroo series from the respected Perth Mint is a powerful symbol of Australia. Each iteration of the Australian Kangaroo Silver coin features a classic red kangaroo mid-bound in front of a stylized starburst, making this series coveted by collectors. An exceptional coin made from .9999 fine Silver, the 1 oz Australian Silver Kangaroo is issued with a face value of $1 AUD and is considered highly collectible and generally liquid due to its notable mintage history and its fascinating, recognizable artwork.
Another respectable investment option is the Chinese Silver Panda coin. Each year, the series bears a new image of the giant panda, the revered icon of China. The Silver Panda coins are .999 fine Silver and are legal Chinese tender, and also boasts more limited mintages than many other bullion coins. It’s unique size and low mintage makes it an excellent addition to any bullion portfolio and one of the most interesting coins for Silver investors.
APMEX recommends discussing the pros and cons of investing with a financial adviser or professional.