- Gross Weight – 1 troy oz.
- Composition – 0.999
- Coin Diameter – 38.0 mm
- Thickness –
- Mint Dates – 1983 to present
Details:
Silver rounds are privately minted silver bullion coins or medallions that typically contain one troy ounce of .999 fine silver (99.9% pure). Unlike government-issued coins like the American Silver Eagle or Canadian Silver Maple Leaf, silver rounds do not carry a face value and are not considered legal tender.
Silver rounds gained popularity in the 1970s and 1980s as an affordable and accessible way for investors to acquire physical silver. Private mints and refineries started producing silver rounds to meet the growing demand for silver bullion products.
Silver rounds come in various designs and themes, often showcasing iconic symbols, historical figures, or nature-inspired imagery. These designs can be generic or specific to certain themes or occasions, providing a wide range of options for collectors and investors.
Most silver rounds are minted in one troy ounce of .999 fine silver, ensuring a high level of purity. However, it’s worth noting that some private mints also produce silver rounds with higher silver content, such as .9999 fine or even .99999 fine silver.
