Silver Coins

What You Should Know About Silver Coins

Silver coins are one of the easiest and most exciting ways to get started with a precious metals collection. Silver is one of the most affordable precious metals, yet it is able to still match the pricing patterns of more valuable metals like gold. This guide about silver coins will allow you to access the latest news about this affordable investment, what options are available to you, and why buying silver coins really is so much fun.

Why Choose Silver Coins Over Gold Coins?

An investment into silver coins is a way to protect a financial portfolio against inflation or a severe bear market. Silver has always had value at some level, like gold coins, silver coins will always be worth something – even if it is the face value on the coin. Silver fluctuates on the open market just like gold does as well, which means a shifting spot price on your preferred silver coins can bring in some nice profits from time to time.

Silver coins are also one of the few precious metal items that are rarely seized by the government. They’re often treated politically as a “secondary currency” despite the fact that many governments back the quality and purity of the silver coins they issue.

What To Watch For With Silver Coins

Because silver coins are highly collectible, it opens up the market to counterfeit coins. If you know what you’re looking for, it is easy to discover a real coin compared to a fake one. For starters, silver coins that are issued by a government mint have specific dimensions and weight which must be met. If there are differences from what is considered the standard issue, then there’s a good chance the silver coin isn’t really made of a precious metal.

Most silver coins are stamped with their purity and weight, but the 2015 Chinese Silver Panda is a good example of an authentic coin that does not, but is still a genuine silver coin.

Silver is also paramagnetic, so testing with a rare earth magnet can help you determine if a coin is authentic. There are other tests available, including chemical tests, which verify silver, but may not always be suitable for use on coins.

Are You Ready To Find the Perfect Silver Coins?

Although the prices of a silver coin will vary based on market conditions and the scarcity value of a specific design, they have always have value. Silver coins look beautiful, are fun to collect, and can be a valuable part of almost any investment strategy. Some silver coins are even eligible for government-backed retirement accounts.

From the Chinese Silver Pandas to the Canadian Maple Leaf or the Australian Philharmonic, there are designs today that match up with anyone’s interests.  Additionally, whether you’re looking for pre-1964 US coins or the one missing coin to a specific investment, there is something fun about the challenge of looking.

Purchasing silver coins today is one of the easiest ways to get started on this fun and relaxing hobby. SD Bullion, one of the largest gold and silver bullion dealers in the United States and co-founder of this website, has a number of exciting coins available right now that could be added to your collection. Perform your due diligence before any investment, stay up-to-date on all the news about silver coins, and you will be able to see if silver coins are the right item to add to your collection today.