Your Questions About Investing In Silver

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Robert asks…

When Investing in silver, what holds the highest value and why; Silver Bars, Silver Coins, Silver Shot?

When Investing in silver, what holds the highest value over time; Silver Bars, Silver Coins, Silver Shot, Silver Bullion, Fine Silver Art or some other form of Fine Silver, and why dose it hold this value better than the others?

Thank you for your time and genuine interest within this matter.

financi4 answers:

Hello,

I’ve answered your question from the least source of value to highest…

Silver shot is the simplest form of silver bullion you can buy and it does not hold any premium except maybe a few percent over the spot price of silver. This is only because who ever is selling it needs to make some money to support their business.

The next is silver bars, most are just like silver shot, sold at a minor premium over the spot price for business purposes. Although this doesn’t always hold true, Engelhard, Johnson Matthey and Pamp Suisse silver bars are collected by some people (especially the smaller than one ounce bars) and they can have a high value attached to them.

Basically, when dealing with all types of silver bullion, if it has a collector’s value attached to it, it will hold a higher premium than other simple forms of silver bullion. (the same holds true for Silver Rounds)

Silver Bullion Coins like American Silver Eagles, Canadian Maple Leafs, Austrian Philharmonics all are mass produced and hold a slightly higher premium than the bars do.

However, Silver Bullion Coins like the Austrailian Lunar, Kookaburra, and Koala Coins are often sought by collectors and hold a higher premium than the previous Silver Bullion Coins. This also holds true for Mexican Silver Libertads, UK Silver Britannias, and Chinese Silver Pandas.
Although the Pandas are also being more mass produced like American Silver Eagles, so you may see premiums on them in the future come down closer to the spot price in silver. But this is for recently dated Chinese Silver Pandas (2010, 2011 & 2012), the older silver pandas have a lower mintages.

Lastly, Fine Silver Art I would assume to hold the highest premium. I say “assume” because I have seen very little of it except in jewelry. If you bought Fine Silver Art, one thing that you would want to be sure of, is that it is signed and (if possible) dated by it’s creator. Just like every other form of art (painted / sculpted, etc.) the item will hold more value if it is signed by the person who created it.

I hope this was of some help, Have A Nice Day!

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