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02/01/2023 4:00 AM     Current Market Price:     Gold:  $1,924.89/ozt   Silver:  $23.47/ozt   Platinum:  $1,021.94/ozt   Palladium:  $1,686.71/ozt  

Wednesday, March 12, 2014

Silver Bullion From Around the World

Silver bullion coins are very popular here at KMG Gold, with many people seeking them out as a form of safe investment. Many investors prefer silver (and gold) bullion to cash because they protect against inflation and deflation.

Although silver isn't typically used in currency anymore (Mexico is the only country that uses very small amounts in its coins), mints around the world produce their own silver bullion coins that investors and collectors enjoy. Oftentimes, with each new issue of the silver bullion coin in a year, the design will vary slightly but still obtain the coin's original theme.

Silver bullion coins and bars can be sold in many different ounces and come from various mints or mines from around the world. These silver coins and bars are typically 99.9% pure and labelled with ".999". They are sold for more than their face value because of their high silver content, for example, the United States 999-fine Silver Eagle bullion coin only has a face value of one dollar.

Here are some of the world's most popular silver bullion coins:
  • USA - Silver Eagle. Released by the United States Mint in November 1986 and has a face value of $1.
  • Canada - Silver Maple Leaf. Released by the Royal Canadian Mint in 1988 and has a face value of $5.
  • Australia - Silver Kookaburra. Released by the Perth Mint in 1990 and the one troy ounce coin has a face value of $1. Australia also has a Silver Kangaroo which was first minted by the Royal Australian Mint in 1993 and has a face value of $1.
  • China - Silver Panda. Released by the People's Republic of China in 1983 and comes in various sizes with various face values. The one troy ounce coin has a face value of 10 Yuan.
  • Britain - Silver Britannia. Released by the Royal Mint in 1997 and has a face value of 2 pounds.
  • Mexico - Silver Libertad. Released by the Mexican Mint in 1982. These coins do not have a face value.
  • Austria - Silver Vienna Philharmonic. Released by the Austrian Mint in 2008 and has a face value of 1.50 Euro.
  • Russia - George the Victorious. Released by the Saint Petersburg Mint in 2009 and has a face value of 3 rubles.
If you're interested in purchasing silver (or gold or sometimes even platinum!) bullion coins or bars from KMG Gold, please give us a call at 1-877-468-2220 or shop online to see what we have in store. We would be more than happy to set anything you'd like aside for pickup - even if it's not silver bullion
KMG Gold Silver Bullion
Posted by Mike Gupton at 11:30 AM