Silver Round
The generic
Silver Round is one of the most common pieces of bullion available today. A
Silver Round is typically going to be 99.9 percent silver, but rarely a Silver
Round is available in 99.99 percent silver. The remaining 0.1 percent or 0.01
percent of a Silver Round is usually made up of copper. What makes a generic
Silver Round different from a Silver Round like an American Silver Eagle or
a Canadian Silver Maple Leaf? A generic Silver Round is minted by a company,
rather than a Sovereign Nation. Sunshine Mint mints their own generic Silver
Round. Many other mines and mints also mint their own generic Silver Round.
A Silver Round is available in a wide variety of sizes, with the most common
Silver Round being the one ounce Silver Round.
You will
also see a variety of fractional Silver Round, such as a 1/10 troy ounce Silver
Round, a 1/4 troy ounce Silver Round, and a 1/2 troy ounce Silver Round. You
will also find there are many larger types of Silver Round available. There
is the one and a half troy ounce Silver Round, the two troy ounce Silver Round,
the 3 troy ounce Silver Round, the four troy ounce Silver Round, the five troy
ounce Silver Round, the six troy ounce, or half troy pound Silver Round, the
eight troy ounce Silver Round, the twelve troy ounce, or one troy pound Silver
Round, the sixteen troy ounce Silver Round, and the one kilogram Silver Round.
Many people like to invest in a generic Silver Round rather than a premium Silver
Round, such as an Australian Kookaburra, because a generic Silver Round carries
little to no price premium, while a premium Silver Round will carry a price
premium.
A generic
Silver Round will usually have some sort of design, like a prospecting silver
miner, or a Christmas design. A generic Silver Round will also usually show
the purity of the Silver Round, along with the size of the Silver Round. Rarely,
you will come across a Silver Round that shows the purity, but not the size
of the Silver Round. This type of Silver Round is much less desirable than a
Silver Round that shows the size, because people like to know exactly what kind
of Silver Round they have without having to weigh it. Because of this, a Silver
Round that does not have its weight on it is worth less money than a Silver
Round that does have its weight on it.
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