TYPES OF SILVER BULLION
Silver bullion may typically refer to bullion bars of .999 fineness valued mostly because of their silver content. Bullion bars are usually composed of .995+ purity silver and they are commonly produced in 1 oz, 5 oz, 10 oz, 1 kilo, and 100 oz sizes.
The most important types of silver bullion are:
American Silver Eagles: One of the most popular coins in the investment sector having commenced production back in 1986.
As a disadvantage, American Silver Eagles are Government issued tender with limited annual production runs which means they are sometimes described as semi-numismatic.
On the plus side, American Silver Eagle Bullion coins have a good measure of investment since it has the proper liquidity. American Eagle Silver Bullion coins are easily bought and sold through any Authorized Purchaser. They have a very unique design, which makes them easy to identify and highly tradable.
Canadian Silver Maple Leafs: The Royal Canadian Mint was originally serving the British Mint, but gained Independence in 1931. It operates from two locations and produces billions of coins per annum.
A great advantage of the Maple Leaf is that its market value often exceeds its face value of $5; some years, the coin is valued at quadruple the minted Price.
In comparison to the American Silver Eagle, the Silver Maple Leaf is minted in far lower quantities, being said, it is rarer. Also, the standard design for the Silver Maple changes through many years
Silver Britannia Bullion
It is a major silver bullion coin of the modern world and it is the perfect investment in a precious metal since it is almost certain its value will increase.
As an advantage you may see that the Silver Britannia comes in several sizes (though the 1 troy ounce is the most popular size in this version). Its sizes include the tenth ounce, quarter ounce, half ounce, and the ounce.
On the other hand, the Silver Britannia does not share the fineness level usually seen on mints. Right now it has a level of 95.8% but they are actually working on it to increase it to 99.9%. This new standard will be of interest to anyone who desires to purchase silver bullion.