Silver Coins

Silver Coins around the World

There are many different types of silver coins produced by mints in countries around the world. Here are some of the more popular and widely recognized and accepted ones.

One of the things that is helpful to take note of is the purity. Many different mints have historically decided on different purities. A lower purity does not mean that there is less silver in the coin. A 91.6% 1 oz coin has 1 oz of silver just like a 99.99% 1 oz coin. It is just that the former coin will contain more impurities and be heavier if you measure it on say, an electronic weighing scale or balance. (1 oz amounts to about 31 grams)

Canadian Maple Leafs

These maple leaf coins are produced naturally by the Canadian Mint. It has a purity of .9999 which is 99.99%. Like its gold counterpart it is essentially the same every year of minting, with only the year changing. The imprint signals a guarantee by the Canadian government as to the silver content and well as the purity of the coin as it is legal tender if you bring it into Canada for use. Of course the face value is far less than the value of silver these days.

It has a maple leaf insignia on the front.

Fun fact: This coin is well loved in the islands of Hong Kong due to its high purity and the people there pay an added premium for this. The Canadian mint also has a silver timbre wolf alternative mintage.

Australian Silver Koalas

These coins have a koala on the front and is less like its American and Canadian counterparts. It can come in a 1kg form. Like its eponymous name it has an imprint of koalas on its face.

On the back end there is a picture of Queen Elizabeth II as well as its legal tender face value at the 'incredible sum' of 1 dollar.

Fun Fact: Australia also produces Kookaburra coins

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Comments 2 comments

FloraBreenRobison profile image

FloraBreenRobison 5 years ago

99%.99 and worth less than our actual currency for which it is used...sigh.

They are beautiful, though. I've seen them up close.


Csjun89 profile image

Csjun89 4 years ago Author

Ah, perhaps that may change in the future as times change.

They sure are rather shiny!

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