Buy Silver Coins and Bullion
Much like gold, buying silver coins and bullion helps individuals to diversify their portfolios as a way to hedge against inflation. In contrast to typical holdings such as stocks and bonds, gold and silver can maintain their value while other assets are losing theirs. In an effort to protect their money, many individuals guard their portfolios with a set number of gold and silver holdings to safeguard against total loss.
While many coin collectors buy minted silver coins, silver bullion is another great buying option as well. There are many benefits to owning silver coins and bullion, not limited to diversification. Learning the history behind the minted silver coins can give them a unique value as well.
Why Own Silver Coins and Silver Bullion
Silver, like gold, is a precious metal that represents a real store of value. These silver coins and bullion are tangible assets that maintain their value when fiat currencies are destabilized. In fact, both silver and gold have never been worth zero. Unlike paper money, silver coins and bullion maintain a certain value due to their nobility, beauty, and use in manufacturing.
Silver is attractive to buyers for a number of different reasons; first, silver is much more affordable than gold on a per-unit basis. You can also obtain smaller denominations of silver than you can gold. These denominations come in the form of silver coins as well as bullion.
Around the globe, silver demand maintains a steady state of growth because of its industrial uses. Silver is used in everything from solar panels, semiconductors, dental equipment, batteries, and more. As new technologies arise, the demand for silver will only continue to increase. As a result, silver’s price may continue to hold steady or rise as a result of market dynamics.
40% and 90% Silver Coins
Purchasing silver coins previously in circulation can be a great way for first-time buyers to increase their holdings. There’s a handful of coins to choose from, each with their corresponding silver content. Collectors can choose according to how much silver they want to purchase and what their budget is.
Nowadays, most of the coins we exchange are cupro-nickel clad. However, back in the 1960s, the United States Mint produced silver coins made of 40% silver content. The most famous of these, arguably, is the Kennedy Half Dollar, which was minted from 1964 to 1969. Though these coins may be degraded in some ways after being exchanged for so long, they still contain the essential 40% silver content that interests most.
You can also purchase 90% silver content coins from the U.S. Mint. These were produced much earlier, beginning in the early 1890s. For example, the Barber Coinage silver coin was minted from 1892 to 1916. The Mercury Dime and the Walking Liberty Half Dollar were both minted in 1916 and ended their circulation around the end of the Second World War. Many of these silver coins retain their value, not necessarily for their appearance but for their silver content.
Mercury coins contain 90% silver which is attractive to many collectors. The silver contained in these coins is also small enough to be used for small exchanges. The Mercury Dime depicts the profile of Lady Liberty with her winged Phrygian cap. Artist Adolph Weinman is credited for this design, which was minted from 1916 all the way to 1945.
American Silver Eagle
As the name suggests, this silver coin includes a bald eagle on one side and Lady Liberty on the other. Available in a limited supply, the American Silver Eagle contains one ounce of pure silver. It is the only official silver bullion coin minted by the U.S. Mint.
Individuals seek out the American Silver Eagle because of the silver value it represents. Whereas it’s possible to find silver coins in 40% and 90% concentrations, the American Silver Eagle makes it easy to exchange silver if necessary.
1964 Kennedy Half Dollars
Prior to John F. Kennedy’s assassination, the U.S. Mint struck Franklin Half Dollars during the 1960s. Only a month after his death in 1964, the Mint switched production to the Kennedy Half Dollar as a way to commemorate his life. This particular silver coin was the last to contain a 90% concentration of silver.
2020 Mayflower Ultra High Relief
The year 2020 marked the 400th anniversary of the Mayflower landing, which is commemorated in this silver coin. Struck in ultra-high relief, these Mayflower ultra-high relief silver coins represent the landing in stunning definition with the Mayflower ship on one side and a gathering of men above William Bradford’s quote on the other.
10 Oz Silver Bars
Silver coins aren’t the only silver you can own; 10 Oz silver bullion bars are another great way to increase silver holdings. Visibly defined and ready for showcasing, these silver bars represent yet another way to own a hard asset and hedge your holdings against inflation.
Buying Silver from Nationwide Coin & Bullion Reserve
If you’re struggling with confidently purchasing silver coins and silver bullion, talk to the experts at Nationwide Coin & Bullion Reserve. We’re here to help you make the best purchase by staying informed. You can contact us via our website or call us at 1-855-609-1255 to speak with a knowledgeable representative today.
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