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Top Ten Silver Bullion Coins
Perth Mint Australian Lunar Series I Dog
Silver Bullion Is Becoming Collectible as Coins!
Most people think of silver bullion as bars of silver. well, there are such bars, but coins are by far more popular with many people. For one thing, coins have a purity and weight specified by a government, which makes their silver value easy to determine. And, they often sell at a premium. It only tales a few minutes on eBay to see most silver coins sell for a price higher than the silver in them is worth. The buyers expect to get a premium when they sell, so they pay the premium when they buy.
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Commemorative Silver Coins
Many silver coins that are considered commemorative are also available. Such coins are intended to sell well beyond the value of their metallic content. Those are presented in some of our other lenses. When considering commemorative coins be certain to determine if the coin is fine silver (0.999) or Sterling silver (0.925).
The Panda is one of the more sought after silver coins. It has an amazing beauty, and collectors often pay well over the silver price to own one.
Australian Kookaburra, Lunar, Koala, and Kangaroo
Australia is perhaps one of the most prolific when it comes to minting silver bullion coins. Australia produces the Kangaroo at the Royal Australian Mint. It is available as a bullion coin. However, it can also be purchased as a proof coin. Proof coins retain their numismatic value better than business strike coins, in general.
The Perth Mint produces the koala, the kookaburra, and the lunar bullion coins. These come in a multitude of sizes, but not every coin has all sizes available. And, the sizes available fluctuate. The largest coins are ten kilograms, and the smallest is the tenth Troy ounce koala, new in 2011.
The lunar coins, now in the second series, occasionally are colorized. Colorization must, for Australian coins, take place at the mint, otherwise the coin is considered counterfeit.
The Perth Mint silver coins come in proof, some issues are available gilded with gold, and a few have gemstones embedded in them. Of course extras cost.
Series II Lunar Mouse
Series II Colorized Mouse
Series I Pig
Colorized Series I Pig
Series I Colorized Dog
Silver Maple Leaf
Canada Maple Leaf and Canadian Wildlife
The Royal Canadian Mint was the first to go to the 0.9999 purity for its fine silver coins. Its Maple Leaf has been considered a highly desirable coin for years. In 2006, the royal Canadian Mint issued a one half Troy ounce silver wolf, which is highly sought after. In 2010 the Royal Canadian Mint used the wolf image on a one Troy ounce coin, the first of a four coin series depicting Canadian Wildlife. The second coin in this series is the Grizzly. The remaining two are being kept secret.
The Maple Leaf has been issued with privy marks, in proof condition, and colorized. The special Maple Leaf coins are occasionally found in other sizes.
Maple Leaf with Privy Mark (Titanic)
The Mexican Libretad replaced the ONZA. The main difference, aside from the change of the image used, was the change from Sterling to fine silver. This coin can be found in multiple sizes, and is minted in proof as well as the business strike. Smaller coins are generally found in sets.
Silver American Eagle
The American Eagle uses the image of a popular half dollar from many years back. It was started in 1986, and is available in both the business strike and proof. Special burnished coins have also been issues.
Value is generally enhanced for Deep Cameo Mirror surfaces, reverse cameo, first strike, or anything that makes the coin special. Colorized coins usually are not as desirable.
American Silver Eagle
Do you think the American Eagle is collectible?
Fiji Islands Turtle
One of the newest bullion coins is the Fiji Islands turtle. It is also available in proof. Thew turtle is minted by the New Zealand Mint.
One of the most sought after bullion coins is the Britannia, I have seen photographs of colorized Britannia coins, but have yet to determine if the mint added the color. My opinion is it probably did not.
Austria has the philharmonic coin as its bullion coin. I have had some in the past with milk marks, which are white spots that occur. These usually are a result of the minting of the coin, so inspect these carefully.
New Zealand Kiwi and Fern
New Zealand coinage is known for the kiwi as its focal point. It was the standard bullion coin for years. Now, the fern is making an appearance.
Disney Silver Bar
Silver Art Bars and Rounds
Silver art bars and rounds exist in great multitude. Some are minted for holidays, some as advertisement, and some to honor something. Of the more desirable are the Coca-Cola, Budweiser, Disney, and Harley Davidson issues.
Different Size Coins May Or May Not Be Right Choices
Silver bullion coins come as small as one-tenth of a Troy ounce, and as large as ten kilograms. Smaller coins are no as economical as larger ones. Remember, the mint has an expense in producing the coin over the metal content, and it proportionally costs more to produce a small coin than a larger one. However, too large of a coin reduces the number of people willing to purchase them. The sizes you might consider is the one Troy ounce size, which is not too expensive, yet priced more in line with spot metal prices than smaller coins. Other nice sizes are two and five ounce sizes. Coins larger than five ounces lose much of the numismatic market, and start to become more like simply bullion. Part of the problem is the cost per coin, which can exceed many people's budget.
Half ounce coins are getting more popular, but only because mints are trying to find a way to mint silver when it becomes expensive. But the price of a half ounce coin is far higher than half the price of a similar one ounce coin.
Newer Coin Types
The silver bullion market continues to attract new designs, some by countries already minting bullion and some by countries entering the bullion market.
The Taku of the Fiji Islands has been around for some time, but it is now available in a multitude of sizes.
Tokalu began silver lunar coins in 2014 with the horse.
The United Kingdom added a snake privy mark to some Britannia coins in 2013, and produces a lunar horse silver coin in 2014. It is now continuing with the sheep.
The Royal Canadian has produces a wolf coin for 2015, which is 3/4 of an unc of fine silver.
And never underestimate the 5 ounce America the Beautiful fine silver quarters.