Investing In Silver

Most coin collectors have a tendency to be interested in precious metals and will purchase coins and ingots for the value of the metal contained therein. The following video shows the different ways one can purchase silver.
There are old silver coins, which are common and so worn out that they have little interest to a collector other then their silver content. These coins are known as junk silver. Many of the pre-1965 halves, quarters, and dimes trade as junk silver. There are also bullion coins. These are silver and gold rounds made as a simple way to purchase the metal. The US issues American Eagle coins in this way. Canada issues the Maple Leaf. The South African Krugerrand is another prime example. Private mints also coin their own rounds and bars. Silver bars are a better way to to invest since they can be found in 10 oz and 100 oz sizes whereas most silver rounds tend to be 1 ounce.


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