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Current Gold price USD/oz Current Silver price USD/oz
1110.10 (Ask)1109.10 (Bid) 17.17 (Ask)17.15 (Bid)

Silver Bullion


Silver, like other precious metals, may be used as an investment. For more than four thousand years, silver has been regarded as a form of money and store of value. However, since the end of the silver standard, silver has lost its role as legal tender in the United States. It continued to be used in coinage until 1964, when the intrinsic value of the silver overtook the coins' face values.

A traditional way of investing in silver is by buying actual bullion bars.
Buying silver coins is another popular method of physically holding silver.
Some hard money enthusiasts use .999 fine silver rounds as a store of value. A cross between bars and coins, silver rounds are produced by a huge array of mints, generally contain an troy ounce of silver in the shape of a coin, but have no status as legal tender. Rounds can be ordered with a custom design stamped on the faces or in assorted batches.

Source: wikipedia.org