Are you looking to invest in silver, but want to make it a little more interesting than buying basic bullion bars? You’re in luck, because there are a variety of silver coins on the market today that investors can purchase to start or add to their silver collection. Who says shopping for silver has to be boring?
Silver Vienna Philharmonics are the ultimate in sophistication. These luxe-looking silver beauties are minted at the 800-year old Austrian Mint. The inspiration for these 99.9% pure silver coins came from the renowned Vienna Philharmonic Orchestra. A variety of musical instruments are imprinted on one side of the coin, while the other side showcases the orchestra’s Great Organ. The value printed on each coin allows them to be treated as legal tender, so that they can cross national borders without taxation, up to a certain amount. Many investors take advantage of this rule.
Silver American Eagles are just as beautiful as the Philharmonics, but definitely have an American vibe. Each coin is 99.9% silver and is imprinted with symbols of freedom. The obverse side of the coin showcases a lady, Walking Liberty, and the reverse shows a formidable eagle with a shield and stars. They are minted at West Point by the U.S. Mint. Like the Philharmonics, these are also imprinted with a small, symbolic value so that they can be treated as legal tender for purposes of crossing national borders.
For even more pure silver, the Canadians showcase their craftiness with the silver Canadian Maple Leafs. Guess how much silver is in each coin? 99.99 percent. That extra nine at the end (or 4th nine, as it’s called) makes it the purest silver coin in the world that is government-backed. These silver coins qualify as legal tender because they are imprinted with a face value. The coins are beautiful for their simplicity: Queen Elizabeth II on one side, a maple leaf on the other.
For those investors interested in acquiring a hot deal on silver, there are bags of junk silver coins for purchase. What are junk silver coins? Well, they aren’t junk. The term “junk” is associated with them because they are not technically rare collector’s coins. They are also not pure silver, but these coins contain a substantial amount of silver nonetheless. Because they are legal tender, they will always have currency value. But if the price of silver goes up, up, and away, they will increase in value for their silver content. These not-so-junky coins have real potential for investors.
