Is it Better to Buy Silver Bars or Silver Coins?

Silver is known to be one of the most desirable precious metals due to its luster, rarity, and versatility. Throughout history, it had been used as a money itself or as backing for currencies, until fiat currencies became the norm. Fiat currencies are issued by the government however, they are not backed by commodities such as Gold and Silver. For centuries, Silver had been used in circulated currency coins such as in dimes, quarters and half-dollars. For quite some time, Silver has not been used in currency coins, however Silver bullion is widely available today. Bullion comes in the form of bars and coins which are designed and produced by many companies. Many people buy silver bullion as a way to hedge their wealth against inflation. 

Some of the most reputable brands in the world include Pamp Suisse, Royal Canadian Mint, and Asahi Refining. Each of these brands produce Gold & Silver bullion products each with their own appeal. The shape you should buy depends on your personal preference and the type of product you are seeking. Larger silver products weighing over 10 oz tend to come in the shape of a bar. These bars are great for investing as you’ll be able to get lower premiums, getting you a better ROI. One could also consider silver coins which range in sizes from 1 oz to 5 oz rounds. Coins are great for collecting and also diversifying your portfolio of precious metals. RCM’s Silver Maple 1 oz coins are highly sought after products as they come from a reputable brand. 

When it comes to buying silver bars or coins, one should first consider their needs as an investor or collector. Whether you are looking to get the best value for your money or a special edition product should be considered. If you have any questions or inquiries on our Silver bullion products, reach out to us today. Our team will guide you through our inventory to find you the perfect product. You can reach out to us via email, live chat, telephone, or social media!

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