Silver Rounds
Silver Rounds
Silver Rounds are classified in industry and the government as Bullion. They can be minted by any private mint. The opposite being a government minted coin has a denomination to it. It also has a guarantee by that government to have a certain silver quality and quantity to it. Verses a private minted silver round is not backed by a government mint, but their silver quality and quantity is just as good. It is illegal for a silver round to have a denomination on them.
The price of a silver round is almost all dependent upon the price of silver. There are a multitude of different designs of silver rounds that are minted for any meaningful event, or place in history.
If a person wasn’t concerned about confiscation and wanted to buy silver bullion, there are two schools of thought. One is to buy a mainstream government mint bullion coin that has the full government backing it. This will trade higher than a silver round or a silver bar. The other school of thought when purchasing bullion is buy the metal for the metal content and not the premium that comes with a government minted coin. Your Landmark Capital representative can help you understand more in depth.