When do you buy silver coins or rounds?
Does it matter if it is silver coins or silver rounds?
The typical silver stacker or investor chooses to buy silver coins that have been produced by government mints. Even so, there are good reasons to purchase silver rounds.
It can be the appealing design of a specific round or the excellent reputation of the mint that created the round.
Silver rounds have substantially lower premiums over the silver spot price than silver bullion coins do.
Silver rounds come in a variety of possibilities, including copies of bullion coin designs and original designs not found on other silver products.
And, silver rounds don't have mintage caps, with the exception of unique collections and one-time designs.
Although I am not driven by spot price of silver alone, would you say that given the spot price, I should be buying generic rounds?
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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.
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