sábado, 3 de noviembre de 2018

The best silver coins to invest

The best silver coins to invest

Some time ago we dedicated a chapter in this blog about the best gold and bullion coins to invest and, given the success it had, I think it is worth devoting a chapter to the best silver coins to invest.

Of a much more affordable price than gold, the truth is that for a lot of money silver is the ideal currency to invest because of its great upside potential in case of crisis and because it is a much more usable currency in case of catastrophe than gold coins. , which could be so valuable that they would not be useful to pay for everyday goods. The latter is the common position among the preparationists or "preppers".

In return, the silver "oxidizes" creating a patina that is sometimes very beautiful. You can have it with patina (gives it authenticity) or save the coins in sealed capsules.

Let's start

American Silver Eagle

This coin is the silver sister of the Golde Eagle. Magnificent coin, the American silver eagle has probably become the silver coin most appreciated by investors. It is a beautiful coin, with a complex design that makes it more difficult to counterfeit and has the backing of the North American economy.

American Silver Eagle
(Click to enlarge the images.

Face value: 1 US Dollar

Weight in silver: 1 troy ounce (31.103 grams)

Diameter: 40.6 mm (1.598 in)

Groses: 2.98 mm (0.1173 in)

Composition: 99.9% silver and the rest is copper.

Note: There is a version of this coin in gold but with a different design.

Canadian silver Mapple Leaf

Another coin that was born in the heat of a golden sister. The canadian silver mapple leaf is a currency well recognized in the whole world.

Canadian silver mapple leaf

Face value: 5 Canadian dollars
Weight in silver: 1 troy ounce (31.103 grams)
Diameter: 37.97 mm (1.4948 in)
Groses: 3.29 mm (0.1295 in)
Composition: 99.99% silver
Edge: Serrated
First year of minting: 1988

Note: There is a gold version of this coin with the same design.

Freedom of Mexico silver

They are sold in formats of 5, 2 and 1 troy ounce and also in subdivisions of 1/2, 1/4, 1/10 and 1/20 troy ounces.

Liberty of Mexico of silver, classic design from 1981 to 1996

Current design of the Liberty of Mexico de Plata, since 1996

Purity: .999 silver
Weights and dimensions:
1Kilogram   110mm
5 oz   65mm
2 oz   48mm
1 oz   40mm
1/2 ozt   33mm
1/4 ozt   27mm
1/10 ozt   20mm
1/20 ozt   16mm

Note: of the versions of 1 ounce and 1/2, 1/4, 1/10 and 1/20 troy ounces, there is also a gold version.

Other currencies

Very interesting are also the Pandas of China and the Australian Kookaburras. The first ones have the advantage of being very collectible when changing designs every year but they suffer from the fact that they are a coin that is copied by Chinese counterfeiters. The Kookaburra, whose design also changes annually, are fashionable among fans but are very little known among the general public.

Silver Panda coin

Silver Australian Kookaburra

The Spanish case. The coins of 2000 pesetas and 12 euros Spanish: Los Carlillos

The "Carlillos" (named after the face of Juan Carlos I of Spain are coins with a weight and a very attractive format, since they have the same size as a coin of an ounce of gold.) For its size less than an ounce of silver make it very usable in the famous environment "Mad Max", but they suffer from the bad policy of the National Manufactory of Currency and Stamp of Spain (FNMT) that has always sold them with a great surcharge on its real weight in silver, so in case of investing we have to be sure that the price at which they are sold to us has to be fair.

Coins of Spanish silver of 2000 pesetas

Spanish silver coins of 12 euros.

It is necessary to clarify that 2000 pesetas was to the change 12 euros. Also that there are several designs, because they were minted for essentially commemorative purposes, although the 2000 pesetas models circulated as currency. That said, because of its weight and size is a convenient currency to store and very useful as a payment instrument for retail in extreme cases, but if its price is far from the real value of silver at the time of purchase, perhaps you should think about it better.


Face value: 2000 Pts or 12 euros
Composition: 925 thousandths silver.
Weight: 18 grams
Diameter: 33
Edge: Smooth

In short, in the pockets of any investor, silver coins should not be missing, they are insurance against the risk of life.

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