Why invest in or own silver rounds? Besides the normal reasons for investing in or owning silver coins, silver rounds offer the silver investor with the opportunity to buy or acquire silver bullion coins at premiums lower than that of government minted and issued 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. The answer to the above question thus goes hand-in-hand with the answer provided here.

The status quo has been that silver rounds sell at much lower premiums than government minted and issued silver bullion coins such as the above-mentioned ones. It must however be noted that in some instances the premiums on silver rounds have already moved up to levels on par with that of the above-mentioned silver bullion coins (at the time this was written). Silver Bullion is of the opinion that this is happening mainly due to a strong demand for physical silver, especially given the fact that a play can be made on both the value of the underlying silver content as well as the collector’s value (numismatic value). Unlike junk silver coins or junk silver, silver rounds offer the silver investor with the opportunity to make a “double play.”

Given the above, Silver Bullion prefers to buy and acquire government minted and issued silver bullion coins, if and when available. If not available, silver rounds offer a suitable but not perfect alternative, especially if one considers that 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, are legal tender and must be accepted as a form of payment for debt. In addition, silver bullion coins in the last category are government backed and are in most instances more beautiful than silver rounds. It must however also be noted that once the existing debt-based currency system collapses, one can expect that non-legal tender silver rounds will be accepted as legal tender. This might be another reason why the gap between premiums on silver rounds and government minted and issued silver bullion coins has narrowed substantially at the time this was written.

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