Silver Rounds

Posted by on November 7, 2011
JH Mint Freedom Rounds (photo by sirquitos*)

JH Mint Freedom Silver Rounds (photo by sirquitos*)

Silver rounds...

...look like coins, but they are not! They are not coins because they are not denominated. They are not currency. Their value is related directly to the current market price of silver.  There are numerous precious metal exchanges where they are readily available.  Precious metal exchangers are different than currency exchangers for this reason, although, much like currency exchangers precious metal exchangers do charge an amount over market value.

1974 Hamilton Mint Trapper Profiles of the West Silver Art Bar P0848
1974 Hamilton Mint Trapper Profiles of the West Silver Art Bar P0848
$18.50 (2 Bids)
Time Remaining: 31m
Dove Olive Branch 1 Gram .999 Pure Silver Round Coin Bar Bullion Peace Comfort
Dove Olive Branch 1 Gram .999 Pure Silver Round Coin Bar Bullion Peace Comfort
$1.27 (4 Bids)
Time Remaining: 34m
Centennial Anniversary Idaho Indian Heritage 1 oz .999 Fine Idaho Silver
Centennial Anniversary Idaho Indian Heritage 1 oz .999 Fine Idaho Silver
$29.99
Time Remaining: 38m
1984 A-Mark Liberty 1 oz Fine Silver Round Original Roll Toning
1984 A-Mark Liberty 1 oz Fine Silver Round Original Roll Toning
$33.99
Time Remaining: 39m
1984 A-Mark Liberty 1 oz Fine Silver Round Original Roll Toning
1984 A-Mark Liberty 1 oz Fine Silver Round Original Roll Toning
$29.99
Time Remaining: 47m
CERBERUS, 1 OZ. SILVER ROUND, THE 12 LABORS OF HERCULES, PROVIDENT MINT, NEW!
CERBERUS, 1 OZ. SILVER ROUND, THE 12 LABORS OF HERCULES, PROVIDENT MINT, NEW!
$21.95
Time Remaining: 50m
1974 World Trade International Silver Coin
1974 World Trade International Silver Coin
$14.17 (4 Bids)
Time Remaining: 50m
1oz. .999 SILVER APMEX RELIGIOUS CROSS ENAMELED ROUND
1oz. .999 SILVER APMEX RELIGIOUS CROSS ENAMELED ROUND
$27.99
Time Remaining: 50m
3 ONE GRAM .999 FINE SILVER ROUND BULLION LIBERTY BELL UNCIRCULATED
3 ONE GRAM .999 FINE SILVER ROUND BULLION LIBERTY BELL UNCIRCULATED
$8.45
Time Remaining: 1h

Silver rounds are an easy way for people who want to invest in silver, especially if you’re investing in smaller quantities of silver.  Silver rounds vary in size usually 1/2oz, 1oz, 2oz, and 3oz.  Different weight silver rounds have and are made even up to 1Kilogram.  The smaller sized silver rounds are popular because they give the biggest margin of flexibility.  Purity usually ranges from 99.9% to 99.99% fine silver rounds are frequently found. 

Knowing the maker of a silver round and who the seller is are two important questions after you’ve made a decision on investing in silver rounds. The premiums differ from dealer to dealer. Higher premiums do not mean better, or more secured services.  

If you are so situated and can stop by a shop, usually coin shops will have silver rounds and collectible coins.  You can walk away with your purchase, no strings attached.  There are also numerous coin shows where collectors, buyers, and sellers periodically will gather.  Nowadays the internet has a large selection of sellers and with the various forums a trusted site can be found. 

Some silver rounds will have higher premiums than others, even when offered from the same dealer (most silver coins have an even greater mark-up).  This may be because the maker of the silver round has a better reputation for purity of content.  All the silver rounds mentioned below are clearly marked with their purity; both 99.9% (.999) or 99.99% (.9999) and that they are silver.  As most silver rounds are.

The Engelhard Prospector: Engelhard Silver is a well thought of maker of silver rounds.  The “Prospector” 1oz silver round was produced from 1975 to 1988. It depicts a bearded man panning for gold.  Silver is not found in river silt deposits, but Engelhard’s gold rounds were not able to compete against the “Junk Gold Coin Market” at the time so the die was used on the silver rounds. The reverses varied and could be made from any one of the several dies Engelhard was using throughout those years.

Johnson Matthey Silver : Another of the preferred makers of silver rounds is Johnson Matthey.  During the 1980’s Johnson Matthey sold a large amount of silver rounds.   In order to compete against the “Prospector” silver rounds, Johnson Matthey created “Freedom Rounds” - a 1oz 99.9% silver round series commemorating the United States Bill of Right.  There are ten different obverses for these, one for each original Right. 

Sunshine Minting produces 1oz 99.9% pure silver rounds. A popular one is referred to as the Sunshine Minting Silver Eagle because the obverse has an eagle flying across the sun.

The Last 90 Percent Silver United States Coins - A Buying and Selling Guide (U.S. Silver Coin Series Book 1)
The Last 90 Percent Silver United States Coins - A Buying and Selling Guide (U.S. Silver Coin Series Book 1)
A Guide to Buying and Selling Peace & Morgan Silver Dollars (U.S. Silver Coin Series Book 2)
A Guide to Buying and Selling Peace & Morgan Silver Dollars (U.S. Silver Coin Series Book 2)
Silver Coin Pricing Guide, 1800-2000: A Reference for Buying and Selling 19th and 20th Century World Coins on eBay, Websites and at Coin Shows
Silver Coin Pricing Guide, 1800-2000: A Reference for Buying and Selling 19th and 20th Century World Coins on eBay, Websites and at Coin Shows
List Price: $7.95
Sale Price: $5.64
You save: $2.31 (29%)
  Eligible for free shipping!
U.S. Presidential Dollars (U.S. Presidential Dollars Deluxe Coin Collector's Album)
U.S. Presidential Dollars (U.S. Presidential Dollars Deluxe Coin Collector's Album)
Sale Price: $8.95
  Eligible for free shipping!
American Silver Eagles: A Guide to the U.S. Bullion Coin Program, 2nd Edition
American Silver Eagles: A Guide to the U.S. Bullion Coin Program, 2nd Edition
Sale Price: $45.61
  Eligible for free shipping!
A Guidebook of United States Coins 2014: The Official Red Book
A Guidebook of United States Coins 2014: The Official Red Book
List Price: $16.95
Sale Price: $6.97
You save: $9.98 (59%)
  Eligible for free shipping!


3 Responses to Silver Rounds

  1. oh yeah

    this is cool

  2. oh yeah

    is this on

Leave a Reply

Your email address will not be published.

* Copy This Password *

* Type Or Paste Password Here *