Top 10 Silver Coins for Investment
Looking ahead to the New Year is the perfect time for taking stock of your current Silver investment pieces and planning your Silver investment acquisitions for the coming months. It can be difficult to wade through the amazing selection at AMPEX and know what the ideal additions to your investment portfolio might be, but we are here to help. Below is a current list of what we believe may be the Top 10 Silver coins for investment in 2018. This is not a definitive list, but based on recognizability, liquidity, “bang for your buck” and potential return on investment, these are the Silver investment items we find particularly interesting right now.
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. This alone would make the 2018 Silver American Eagle preferable to other coins and rounds, and it is clearly worth the small premium commanded by Silver Eagles. Further, the Silver American Eagle enjoys unparalleled recognition, tax advantages and liquidity. This coin may be as good as money in the bank.
The Canadian Silver Maple Leaf offers many of the same advantages of the Silver American Eagle, just from a point of Canadian backing. It also has great, although perhaps less immediate, 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.
These famous British coins have steadily increased their fineness and coins issued 2013 and later boast .999 fineness. This, taken in consideration with the vast respect and recognizability commanded by The Royal Mint, makes Silver Britannias an excellent value with good potential for liquidity. Coins from England will always have a certain appeal in the United States, as British Silver was the standard for currency during so many formative periods in American history.
We know this isn’t technically a coin, but consider this: While Silver Eagles command a premium due to their vast recognition and U.S. backing and Maple Leafs are valued for their iconic beauty and low mintage, APMEX rounds provide the most Silver for your money. APMEX Fine Silver Rounds are the best dollar-for-dollar value, at least in “coin” shaped investment items. Of course, pieces released by private mints are not legal tender and are not considered “coins.” They must be referred to as “rounds” for legal purposes. But when issued by a well-known and reputable Precious Metals retailer like APMEX, these rounds boast good recognizability and are generally among the most acceptable private issue pieces.
A slightly less well-known piece, the Somalia Elephant makes this list because of its 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.
The Austrian Silver Philharmonic is a low-mintage coin that many believe outstrips even the Canadian Silver Maple Leaf in its design 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.
Morgan Silver Dollars are the most popular U.S. coins. They were minted from 1878 to 1904, and then again in 1921. These coins are struck from planchets comprised of 90% Silver and 10% Copper, giving them an actual Silver weight of 0.77344 troy ounces. 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.
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.
- Junk Silver Quarters
U.S. quarters were minted from the same Silver alloy as dimes, but are 2.5 times the weight of those “junk” Silver dimes. They have all the advantages of Junk Silver dimes but are a little larger. They are accessible, recognizable and liquid.
This North American coin may be seen as coming from a less-stable government, but the Casa de Moneda de Mexico is actually the oldest mint in North America and commands great respect. The Libertad is also unsurpassed in beauty — the artwork is both arrestingly lovely and important to the history of Mexico. As recognition of this stunning coin grows, it is likely to become newly sought after and coveted by collectors. Like the Somalia Elephant, it is a bet as to its return on investment, but it will definitely mature at the rate of any .999 Silver coin.
These are the investment pieces we are particularly excited to share with you for 2018. Happy shopping!