Precious Metal Silver in Bars and Rounds

Silver is known as a precious metal and much, much more. This metal of ancient civilizations and of modern technology has been used as a medium of exchange through the ages, and is an important investment metal with a variety of industrial uses.

Silver Bullion Bars and Coins

Bullion is the form of silver traded for investment purposes. From silver metal, coins or rounds, bars, and ingots are struck or cast to form a physical product that is bought or sold on the basis of the silver content.

Government Minted Silver Coins & Silver Bags

American Eagle silver coins and Canadian Maple Leaf silver coins are the most popular forms of investment in government minted silver bullion. As a trusted retailer for both, we offer these products at very competitive pricing. Silver bags are a common trading medium and contain 54 pounds of mixed United States silver coins with a silver content of 90%.

Silver History

Silver has attracted man’s fascination for many thousands of years. Ancient civilizations found silver deposits plentiful on or near the earth’s surface. Relics of these civilizations, include jewelry, religious artifacts, and food vessels formed from the durable, malleable metal. This metal took on near mystical qualities in marking important historical milestones throughout the ages, and served as a medium of exchange. The Mesopotamian merchants were doing just that as early as 700 BC.

In 1792, silver assumed a key role in the United States monetary system when Congress based the currency on the silver dollar, and its fixed relationship to gold. Silver was used for the nation’s coinage until its use was discontinued in 1965. The dawn of the 20th century marked an important economic function for silver, that of an industrial raw material.

Today, silver is sought as a valuable and practical industrial commodity, as well as an appealing investment precious metal. Many countries now issue silver bullion coins, among them the Unites States, Canada and Mexico. Private issue silver bullion is also available from select private mints.

Although silver is relatively scarce, it is the most plentiful and least expensive of the precious metals. The largest silver producing countries are Mexico, Peru, the United States, Australia and Chile. Sources of silver include; silver mined directly, silver mined as a by-product of gold, copper, lead and zinc mining, and silver extracted from recycled materials, primarily used photographic materials. Today, silver bullion stocks make up a significant component of silver supply.

The American Eagle Bullion program was launched in 1986 with the sale of gold and silver bullion coins. Platinum was added to the American Eagle Bullion family in 1997. A bullion coin is a coin that is valued by its weight in a specific precious metal.