Silver coins are a great way to start building an investment portfolio. They are affordable, easy to understand, and have good long-term returns. They are also highly liquid assets that can be bought and sold worldwide. Silver coins are available in various finishes and designs, with intricate details showcasing a mint's artistry. They are also more challenging to counterfeit than silver bars due to their advanced security features. The most popular silver bullion coins in the world are the British Britannia, the Australian Kangaroo, the Canadian Maple Leaf, the Austrian Philharmonic, and the American Liberty. These coins have high silver content, iconic designs, and come from reputable producers, making them highly recognisable and liquid.
Characteristics | Values |
---|---|
Tax Status | 20% VAT on all silver. Capital Gains Tax Free. |
Purity | 99.99% pure silver |
Unit Size | 1 ounce (oz) |
Manufacturer | Royal Mint |
Mint | United States Mint, Royal Canadian Mint, Austrian Mint, Royal Mint, Rand Refinery |
Design | Walking Liberty, heraldic eagle and shield, maple leaf, Britannia, Queen Elizabeth, Lady Liberty, eagle and shield |
Face Value | One dollar, one euro, one AUD |
Country | United States, Canada, Austria, United Kingdom, South Africa |
What You'll Learn
Silver Britannia Coins
The Silver Britannia coins have a millesimal fineness of 99.9% silver, also known as .999 fine silver. They have a mass of 31.21 grams and a diameter of 38.61 mm. The coins are available in multiple sizes, including 1/10 of a troy ounce, which has a face value of 20p, and the 5-ounce British Britannia, introduced in 2013, with a face value of £10.
The obverse of the Silver Britannia coin features a portrait of Queen Elizabeth II, with the fifth-generation portrait issued in 2016, depicting the Queen at 89 years old. In 2023, a new portrait of King Charles III was introduced, marking the first year that he was depicted on the coin. The reverse of the coin features the Philip Nathan depiction of Britannia, a feminine personification of the United Kingdom.
The Royal Mint has implemented advanced security features on the Silver Britannia coins, such as surface animation and latent security features, to protect against counterfeiting. The coins also have a high silver content, making them an excellent value with good potential for liquidity.
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Silver Maple Leaf Coins
The Silver Maple Leaf Coin is struck to 999.9 purity, with each coin containing exactly 1 troy ounce of pure silver. The coin's design features an iconic Canadian maple leaf on one side and a portrait of Queen Elizabeth on the other. It is expected that the 2024 edition will be updated to feature King Charles III.
The Silver Maple Leaf Coin is a good investment option for those looking for a well-known and respected silver bullion coin with advanced security features and a high purity and recognisable design. The Royal Canadian Mint introduced several security measures in 2014, including micro-engravings and micro-radial lines, to prevent counterfeiting.
The Silver Maple Leaf Coin is also a good investment option for those seeking high liquidity, especially in the strong North American market. The coin is also eligible for Silver IRA or Silver RSP investments.
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Silver Krugerrands
The 1 oz Silver Krugerrand is a highly popular and sought-after silver bullion coin. Introduced in 2017, it is a silver version of the world-famous Gold Krugerrand, which was first minted in 1967. The Silver Krugerrand has gained popularity among investors and collectors for its historic significance, stunning design, and recognition as a sovereign coin backed by the South African government. The coin features a portrait of Paul Kruger on the obverse and a graceful image of a springbok antelope, an iconic symbol of South Africa, on the reverse.
The Silver Krugerrand is a great choice for investors seeking to diversify their portfolios. The coin has a detailed design and unique reeding on the edge, providing a measure of security against counterfeiting. Additionally, the Rand Refinery is known for its state-of-the-art technology and advanced minting techniques, ensuring the integrity and authenticity of its coins.
The Silver Krugerrand is a popular choice for investors looking for a globally recognised coin with a strong design and security features. With its detailed design, historic significance, and recognition as a sovereign coin, the Silver Krugerrand is an excellent investment option.
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Silver Tudor Beasts
Silver coins are a great way to begin building an investment portfolio. They come in various finishes and designs, and are also a tangible asset that you can physically hold, which many investors find reassuring. Silver is also more affordable than gold, making it a great entry point for new investors.
Now, let's focus on the Silver Tudor Beasts coins.
The Silver Tudor Beasts series is a collection of coins produced by the Royal Mint, celebrating the heraldic beasts of the House of Tudor. It serves as a follow-up to the esteemed Queen's Beasts series. Each coin in the series features intricate designs that also serve as a security measure against counterfeiting. The Tudor Beasts series includes multiple designs, each representing a heraldic beast. The collection will consist of ten beasts in total, released over a five-year period. The beasts surround the Moat Bridge of Hampton Court Palace and have been standing for hundreds of years.
- Seymour Panther: Represents the union of King Henry VIII and his third wife, Jane Seymour.
- Lion of England: One of the oldest beasts in heraldry, representing pride and courage.
- Yale of Beaufort: A mythical creature with characteristics of an antelope, goat, or horse. It holds the Arms of Jane Seymour to symbolise her authority as the king's wife.
- Bull of Clarence: Associated with the House of York and the Wars of the Roses. It symbolises strength, power, and resilience.
- Seymour Unicorn: Traditionally associated with Scotland, the unicorn is a symbol of purity, grace, and nobility.
The Tudor Beasts series is a great choice for investors who appreciate the historical and artistic significance of the coins and anticipate increases in their premium. The high silver content and tax-free status also make these coins valuable additions to any portfolio.
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American Silver Eagle Coin
The American Silver Eagle Coin is one of the most successful bullion programs produced by the United States Mint. It is the official silver bullion coin of the United States and is guaranteed for weight, content, and purity by the U.S. government.
The American Silver Eagle Coin was first released in 1986 and has been an extremely popular investment option ever since. The coin features an obverse design of Lady Liberty by American sculptor Adolph Alexander Weinman, draped in an American flag with the sun rising behind her. The reverse features the classic US design of the Eagle and Shield by John Mercanti, along with 13 stars representing the original colonies of America.
The American Silver Eagle Coin is a great investment option for those looking for a globally recognised and respected bullion coin with an iconic design. The coin has a face value of one dollar and contains one troy ounce of .999 fine silver. However, the actual value may be much more depending on the silver spot price, demand, and rarity.
The American Silver Eagle Coin is also a good choice for investors seeking a coin with a strong market in North America. The coin is widely popular and highly collected, with unparalleled recognition and liquidity. The U.S. Mint does not sell bullion coins directly to the public, so investors will need to purchase through a bullion coin dealer.
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Frequently asked questions
Some of the top silver coins for investment include the American Silver Eagle, the Canadian Silver Maple Leaf, the British Silver Britannia, the Mexican Silver Libertad, and the Somalian Silver Elephant.
Silver coins offer several benefits such as diversification, tangible assets, suitability for bartering, liquidity, accumulation, and tax advantages. They are also more affordable than gold, making them a great entry point for new investors.
When choosing a silver coin to invest in, consider factors such as the coin's purity, design, mintage, and the reputation of the mint. It is also important to buy from reputed and certified sellers to ensure the purity of the silver.
You can buy silver coins from online stores, banks, and local jewelers. Online stores offer a convenient option and allow you to select any quantity and design of your choice. Banks provide a hassle-free option and offer certified coins in any size. Local jewelers offer a variety of options and often buy back silver coins from customers.
The price of silver coins is determined by the current market price of silver, plus a small premium for the certificate and artwork of the coins. The premium price is typically higher for branded silver coins from online stores.