Top Silver Products Every Precious Metal Investor Must Own
Silver is a hard asset that soars much faster than gold in bull markets. The white metal has been the traditional choice of investors looking to make large profits with small expenditures.
There are many ways in which one can invest in silver. You can buy an exchange-traded fund backed by physical metal, purchase silver mutual funds, or invest in mining stocks through ETFs.
However, if you’re looking for high premium investments, nothing’s better than buying some good old silver coins and bars.
Every freshly struck silver bullion coin has its own set of characteristics that sets it apart in the silver market. Here are a few articles that are worth considering for your next investment:
Silver American Eagle Coins
First struck by the United States Mint in 1986, the Silver American Eagle coin is the country’s official silver bullion coin. It’s minted with one troy ounce of 99.9% pure silver and typically sells between $1.80 to $2.50.
The limited productions of these bullion coins, coupled with the finest production standards and excellent quality silver sourced from US mines, makes them an ideal investment. Analysts foresee an increase in their numismatic value due to their rarity and distinctiveness.
Canadian Silver Maple Leaf Coins
Second in popularity to the Silver American Eagle coins, new Canadian Silver Maple Leaf coins are struck by the Canadian government every year. The obverse of the bullion coin features Queen Elizabeth II, and the reverse depicts a splendid maple leaf with sharp detail.
Unlike the Silver American Eagles, the Canadian Silver Maple Leaf has seen many alterations in its design over the years. Special editions in various colors and mints have also been released to commemorate remarkable occasions such as the 2010 Winter Olympics in Canada.
The Canadian Silver Maple Leaf has been experiencing an impressive increase in its demand and production in the last decade, marking its popularity in the silver market. The 99.99% silver quality stamp also makes it an ideal purchase for investors.
Silver bars are less expensive than numismatic silver coins and are more likely to increase in value with a greater percentage than gold bars. These are the primary reasons why silver bars are a popular investment choice for many people.
If you’re not looking for unique silver coins and want to invest in pure silver, silver bars are a perfect choice.
At Orion Metal Exchange, we have a wide variety of gold and silver coins and bullions. If you’re looking for the American Eagles or the Canadian Maple Leaf, visit our website or talk to us at +1 800 559 0088. Our experts will help you find the ideal investment.