The main silver coins in demand · American silver eagle · Canadian maple leaf Canadian silver maple leaf coin - Front and back view · Austrian Philharmonic. You can buy silver through local dealerships and pawnshops or online stores such as APMEX or JM Bullion. More specialized dealers allow you to buy entire bars instead of just coins. Investors who want to add silver to their portfolio have a wide range of options.
Exposure to silver can be achieved by owning ingots or physical coins, owning shares in silver mining companies, owning ETFs or mutual funds that hold physical contracts for silver or silver futures, or by directly owning futures contracts. Investors should carefully consider their needs and evaluate the advantages and disadvantages of different types of silver investments as part of their due diligence process before investing. Investors can buy or sell silver futures contracts to expose themselves to changes in the price of silver. The most direct way to own silver is to possess physical silver, either in the form of ingots or numismatic silver.
Traders can also bet on the silver market through an ETF that holds futures contracts through ProShares Ultra Silver (AGQ), although it's better as a short-term bet than as a long-term hold, due to the fund's structure. Silver futures are an attractive way to play in the silver market because of the large amount of leverage available in futures contracts. Owning numismatic silver certainly has psychological value for collectors who enjoy the hobby, but that's not an investment consideration. Mint produced silver coins for use as currency until 1964, and these coins are valued not only for their silver content, but also for their value to collectors based on their scarcity, status and popularity.
Some contain shares of silver companies, while others invest in the metal itself or in futures contracts. Mining companies are more than just representatives of silver, since they must discover and exploit silver deposits, and do so cost-effectively. An ETF that owns physical silver will return the price of silver minus the cost ratio of the ETF. If you don't want to directly own physical silver, but you also want a lower-risk method than futures, you can buy an exchange-traded fund (ETF) that holds physical silver.
Owning physical silver can bring the greatest peace of mind and satisfaction to investors who believe they need immediate access to precious metals in the event of an emergency, but it can also be one of the least efficient and most expensive ways to own silver. Investment silver is available in coins, bars and rounds in standardized weights (the most common are 1 ounce, 10 oz, kilos and 100 oz). The investment information provided in this table is for general informational and educational purposes only and should not be interpreted as financial or investment advice. But first you have to decide what silver you want to invest in and, as experts in precious metals, GoldSilver is here to help.
When times get tough or the economy faces strong inflationary pressures, some investors turn to silver to hedge their bets or to invest more defensively. The newest Silver Maple Leaf coins are available with MintShield, a patented transparent surface protector for the user that has been shown to significantly reduce the appearance of white spots on silver ingots.