Silver rounds are one of the uncommon varieties of silver bullion that is available in the market. These are nothing more than a generic name for silver coins which doesn’t have any face value to them except the metal value. These coins doesn’t have any tender value of their own and are only made in the shape of coins just to be able to stack them as rolls. Silver rounds are easy to pack and easy to handle.
Sometimes they are also referred to as silver art rounds because these coins doesn’t have any print on them and hence can be custom ordered to get any print on it. This feature has enabled them to become the most sought after form of silver for gifts. Silver rounds with special designs of military, holidays, cars, weapons, animals, pets, presidents, commemorations etc. are commonly seen. You can even custom order to make their own print on these coins. This made it a good return gift where one could print their names, faces or anything special on it and give it to all their friends and family.
Like any other silver bullion, silver rounds are still supposed to be made of the exact specifications. The weights of the rounds can range anywhere from one ounce to hundred ounce. The most popular ones are the one ounce silver rounds, which contains silver of 99.9% purity and weighs one troy ounce. There will not be any legal tender value that the government assigns to it and they are plain and without any prints on them. Hence, these coins will cost lesser price than the silver bullion dollar but will still contain the same amount of silver and will give better profits than the bullion coins.
Like other bullion coins, silver rounds are also available both in generic and branded ones. The branded ones are made by some famous ones like Wall Street, sunshine etc. These branded silver rounds will have a brand label mentioned on the coin as a hallmark of the company that has manufactured it. These coins will cost a little more than the generic silver rounds which are made by small town companies and not so big firms. The make and quality of the generics will be little lower than that of branded silver rounds.
Silver rounds also have got some importance with the coin collectors. One such famous silver round is a one ounce silver round named Engelhard silver prospectors. Last minted in the year 1988 by Engelhard and not available ever since then. So, those coins are hard to get and are very precious for coin collectors.
If you are looking to invest in silver and have no priorities but only silver then, silver rounds will be a very good value for money. The cost price will be low and the selling price will be equal to that of any other silver coin that is backed by government. The current price of silver is directly the amount you get for the silver rounds.
