![]() ![]() ![]() You don’t really need to spend as much as $10 million to buy a numismatic coin as an investor. This price tag shouldn’t be surprising, given that this coin was one of the earliest dollar coins with a limited mintage of only 2,000 Coins. ![]() In January 2013, the first dollar coin issued by the U.S government ( 1794 Flowing Hair Silver Dollar) was sold at an auction for around $10 million. When collectors evaluate numismatic coins, they usually consider factors such as age, rarity, and uniqueness of these coins. To put it into perspective, you would spend $38.60 to purchase a 1 oz 2022 Little John Silver Coin, compared to $476.33 for a 10 oz 2021 Royal Canadian Mint Magnificent Maple Leaves Silver Coin. This would mean that the higher their weight class, the more expensive it becomes. Silver Bullion coins are valued strictly by their precious metal content. Silver Bullion Coinsġ oz 2022 Great Britain Myths and Legends Maid Marian Silver Coin However, how they are distinctly valued in the precious metal market is what sets them apart. Numismatic coins and silver bullion coins can be pretty difficult to distinguish based on their appearance alone they are both circular in shape with similar weight classes. For instance, Numismatic Coins, their value is highly influenced by collectors by their rarity and unique conditions. Typically, not all silver coins are solely valued based on their precious metal content. Silver CoinsĪ silver coin is a legal tender or currency coin with much of its value coming from its precious metal content and other government guarantees. This article will cover some differences between silver coins and silver bars and other advantages influencing your silver bullion purchase.įirst, we start by understanding the dynamics of both Silver Coins and Silver bars. Some might decide to buy silver coins for their high liquidity or silver bars for their lower cost and enormous growth potential. Depending on the type of investor you are, one of these forms of silver investment may seem more befitting to your portfolio. When investors opt to buy silver bullion, they are usually faced with various options to choose from. Should I buy Silver Coins or Silver Bars? ![]()
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