You don’t have to be a bullion expert to buy your first silver coin with confidence.
Although the price of silver has its ups and downs just like any, silver is an excellent pick for a first investment. The charts for the precious metal have been consistently favorable over the past 10 years. Collecting silver coins is likewise a rewarding and affordable hobby.
Silver is appreciated for the elaborate designs, quality, and the high silver purity on popular silver coins. They make excellent gifts, items to be collected, and become heirlooms.
Collecting silver coins is a rewarding and surprisingly profitable hobby. What are the best silver coins to collect?
Well, one can generally expect purities of 99.9% to 99.99% fine silver. U.S. coins minted and circulated before 1965 are 90% pure silver. But don’t let the lower purity fool you. Some collectors actually prefer circulated coins from the United States Mint. These older coins can be expensive, depending on their rarity. Modern coins made with .999 fine silver include the Silver American Eagle, British Silver Britannia, South African Silver Krugerrand, and the Austrian Silver Philharmonic Coin; the Silver Maple Leaf is .9999 fine silver.
You can hardly go wrong when it comes to high purity collectable silver coins. Just ensure that you source the coin from a reputable seller so that you'll receive the coin as pure as it was advertised to be. All coins are properly issued and certified by their original mint.
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I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos, precious metals, and money share my personal opinion, experiences, and general information on cryptos, precious metals, and money.Thank you for stopping by to view this article.
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