Silver Rounds – What You Should Know

Silver Rounds are actually a type of silver bar. Instead of being rectangular in shape a silver round looks like a large coin. Silver rounds are 99.9% pure silver, which is generally indicated on the piece as “999 Fine Silver”. These round bars are most often available as one troy ounce although in recent years smaller units such as halves and quarters are becoming popular. They have been minted by many different manufacturers. Most notable are Engelhard, APMEX, Disney, Silvertowne. Buying silver rounds is a great way to stock up on the metal at close to spot value. In fact you can buy them for less than a couple dollars or so above silver spot! Because of the low premium (price paid above spot value) this form is silver is often chosen as an alternative to such as the American...