Are you looking for the perfect gift? Have you considered giving silver? If not, we strongly recommend you consider giving silver, especially in the form of 1 oz silver bullion coins such as American Silver Eagles, Canadian Silver Maple Leafs, Mexican Silver Libertads, Chinese Silver Pandas, Australian Silver Kookaburras, Australian Silver Kangaroos, British Silver Britannia and Austrian Silver Vienna Philharmonics.
Why silver and why 1 oz silver bullion coins you might ask? We have a whole section that covers why investors (or anyone for that matter!) should acquire or own silver, physical silver that is, but a very good reason on its own is because silver is dirt cheap at the moment compared to its true worth. In addition, we also have a whole section that explains why investors should invest in or own silver bullion coins. We prefer the 1 oz silver bullion coins mentioned above, because these coins provide the ideal balance between silver weight and silver purity (99.9% or higher). In fact, these coins not only makes it easier to calculate the value of one’s silver holdings, since the silver price is quoted in U.S. Dollar per troy ounce of silver, but it’s probably the most compact and transportable form of silver available in the silver market today.
You might find it strange that we didn’t mention silver jewelry, because it is popular out there to give gifts of silver in the form of silver jewelry. Popular is however not always best or good for that matter. Silver jewelry, unlike silver coins which are standardized measures of silver purity and weight, are for one not easily divisible between the beneficiaries of an estate if you want to do it fairly and equally, especially considering silver jewelry of great sentimental value such as family heirlooms. In addition, silver jewelry tends to sell at substantial percentages or premiums above the melt value of the silver contained in the relevant silver jewelry. Furthermore, complications might arise the day the silver investor wants to sell his/her silver jewelry. Some silver dealers or even private buyers won’t buy silver jewelry without a jewelry appraisal done by a professional or certified jewelry appraiser, especially when a substantial amount of money is involved.