Tuesday, March 29, 2011
Investing in 1 Oz Silver Coins
1 oz silver coins are made both by the government mint as well as many other private mints in USA. Those which are minted by the government are commonly called as American eagle silver bullion coin and those by the private ones are called as silver rounds. Almost both of them are made to the same exact specifications but then the finishing of the American eagles will be excellent with front of the coin with walking liberty engraved on it and the other side with an eagle with wide spread wings and stars above it. It is because of these extra works on the precisely made coin, the cost of American eagles is lot more than the generic silver rounds. Silver rounds are just plain simple coins made with silver of 99.99% purity and one troy ounce weight exactly like that of the govt. silver coins.
Coins issued by the government mint are of three types mainly, the regular silver coins which are circulated, the ones which are special edition or uncirculated limited coins and the proof coins. If you are regular investor who is interested in only the silver contained in the coin and nothing else, then you should go the regular in circulation silver coins. The special edition coins and the uncirculated coins are of interest for those who are into silver coin collection. Collectors would love to pay any extra premium to get their hand on that very rare special edition 1 oz silver coins which are specially released for a particular occasion and in limited number. Sometimes particular batches of coins which have been misprinted gets released into circulation and get discontinued immediately after finding it out. Such coins which go into circulation will have a huge demand among the numismatics. Proof coins are the regular silver coins but the image on the coin being more clear and appreciative. They got better mirror like finish and looks very attractive. This is achieved by striking the die twice or thrice on the blank coin to get a good image of the die.
Before you buy a 1 oz silver bullion coin or a bar, make sure you check for the sign of authenticity that is present on the coin. Do look for the warranty card if there is any provided with it. Check if the weight of the silver is exactly one ounce or not. With a little know how and caution you can happily invest in 1 oz silver coins and wait for the profits to knock at the door. The bells are surely going to ring as the price of silver has not seen a downfall for a very long time and there is no possible chance of going into losses.
Thursday, March 24, 2011
Silver Bullions and the Numismatics Affair
Monday, February 28, 2011
American silver eagle coins- now is the right time to invest!
Thursday, February 3, 2011
What are American silver eagle coins?
Wednesday, February 2, 2011
Tips in Buying Silver Bullion
After Gold, Silver Bars Strike In
Nowadays, many banks and financial institutions have started selling silver bars along with Gold. There is said to be an increase in its sales during festive periods, wedding seasons, etc. which clearly speaks about its growing popularity. As a trading commodity, buyers and sellers of the commodity market have included silver in their daily business deals. They buy different weights of silver bars – 50g, 100g, 500g, and 1kg – at a particular rate and then sell them later for a good profit. However, only good quality silver fetches a good price. Therefore, traders usually deal in 24 Carat and 99.99% pure silver.
This trend of dealing is very common around the wedding season when people gift their friends and relatives silver coins and bullion, chains, jewelry, or glasses. In India, gifting a silver ornament or a silver bar at a wedding or on a birth of a child is considered to be quite auspicious, and is still a common practice in many places. Usually, a good quality silver bar or coin is available in tamper-proof certified card packs to signify the highest level of purity as per international standard. Such packs are available at all banks, jewelry stores, and the commodity market.
If one intends to get into trading silver bars or wants to buy silver for an upcoming occasion, it is advisable for to study the market price, past and future price variations and the quality, before making a deal.
Friday, January 14, 2011
Hi Ho, Silver!: 3 Quick Reasons to Buy Silver Bars and Bullions
With the economy still in tatters from the Great Recession, many thrifty and street-smart people who learned lessons worth their weight in gold are trying to find ways to keep their bank accounts solvent and heads above water. Fears about a double-dip recession, inflation, and overprinting practices by in-the-red governments drive these recovering investors back to the basics – and precious metals.
Silver bars and silver bullions quickly emerge as a relatively safe investment for three easy-to-understand reasons:
1. Hedge your Bets with Silver Bars
It’s no secret that central banks the world over are printing money at faster rates to steer their economies back on track. Overprinting creates a very tangible concern about inflation, a veritable economic Weapon of Mass Destruction that could destroy the value of a dollar overnight.
Silver bars and bullions retain value because of silver’s status as a precious metal. Whereas the value of its popular cousin, gold, tends to skyrocket in bad times and drop in good, the relatively small market that silver bars and silver bullion represent in the United States and United Kingdom ensures its long-term stability and reliability. The fact that it can be stored in a home safe or with a bank in non-fungible storage means that you can rely on silver through economic crises thick and thin, and trade it in when you need your money’s worth.
2. The Going is Cheap for Silver Bars – for Now
Faltering markets and safe bets aside, silver bars and silver bullion are cheap by most standards in 2011. As of this article’s writing, the market value for an ounce of silver jumped to just over $31.00 on January 3 and since fell to above $28.50 around January 6. Contrast this with one troy ounce of gold, or about 31.10 grams, and the comparison is staggering: that amount of gold was worth $1,381 by January 10.
Moreover, investors are projecting that prices for silver bars and bullion will explode by 2012 – and with them, their long-term value. Money Morning, for example, forecasts that silver bars and silver bullion per ounce could rocket to $50 per ounce in 2012, representing a 150% increase.
3. Demand for Silver is in the Emerging Markets
Every investor wants a piece of the pie in New York or London, but any economist will tell you to keep an eye out for emerging markets, like those in China, India, and Brazil – where, it so happens, a demand exists for silver, and not for the reasons you might think.
Apart from the reputation it enjoys as a precious metal, silver is also an industrial metal. For instance, China is importing or mining copious amounts of raw silver to fill a baseline need in the creation of solar panels and other alternative energy needs. With climate change on the rise, and many countries on the brink trying to curtail the worst effects, investors anticipate that silver will continue to rise in demand.
That creates a two-pronged demand for silver bars, bullion and coins, allowing room to breathe for the investor who remains wary about the caprice of market demand for silver as a precious metal.
Armed with these facts, any investor can see that now might be the best time to mount the horse and ride into a silvery sunset.
