Silver coins are a form of silver bullion which are extremely popular amongst both coin collectors and physical silver bullion investors. This is due to their artistic design elements as well as their high silver purity. Available for sale on most silver coin dealers websites as well as eBay, you usually have a wide number of options to choose from when buying them online. Below is a price comparison chart containing the most popular modern US and foreign silver bullion coins available online for you to compare.
Silver Coin Price Comparison
Silver Eagles – Minted by the US Mint, the American silver eagle has been being produced for over 25 years and has remained by far the most popular selling silver bullion coin in the world. Each coin is composed of .999 fine silver and holds a $1 USD face value with it.
Silver Maple Leafs – Minted by the Royal Canadian Mint or RCM as it is also referred to as, the Canadian Silver Maple Leaf bullion coins are probably the most sought out silver coins next to silver eagles. Each coin contains .9999 pure silver which is among the purest silver coins available. The Silver Maple Leaf also carries a $5 face value with it.
Silver Philharmonics – Minted by the Austrian Mint located in Vienna, the Austrian silver philharmonic is among one of the most popular silver coins available for investment. Each coin contains 1 troy ounce of .999 pure silver and are often available for lower prices than other coins of the same weight.
Mexican Silver Libertads – Released by the Banco de Mexico, the Silver Libertad is produced each year in weights of 1/10oz, 1/4oz, 1/2 oz, 1oz and 5oz with .999 silver purity. With relatively low mintage numbers, the Libertad is sought after by both collectors and investors each year.
British Silver Britannias – Produced by the Royal Mint, the Silver Britannia Coin has been being minted since 1997 and has become one of the most popular foreign silver bullion coins available to investors. Each coin is made up of .999 fine silver and is minted in the 1 oz weight.
5 oz America the Beautiful Silver Coins – Produced by the United States Mint, the ATB Silver Coin Series has become one of the mint’s most popular. The coins are released with 5 new designs each year which celebrate America’s National Parks. The series was introduced in 2010 and each coin has been minted in .999 fine silver.
Junk Silver Coins – Most commonly available in US coin denominations, junk silver coins are often available in bags based upon the face value of coins they contain (see our 40% and 90% silver pages for details). Preferred by both investors and collectors, this option provides physical silver investors with a low cost option when investing in the metal.
Lowest Priced Silver Coins
Below is a list with the lowest-priced silver coins that we have found which are currently available online. This chart only includes the lowest price we found for the top three silver bullion coins including the American Silver Eagle, Canadian Silver Maple Leaf and Austrian Silver Philharmonic Coins.
Types of Silver Investment Coins
The term “silver coin” refers to any government minted piece of coinage which is composed of pure silver. There are many types of silver coins all consisting of different purities. Most modern coins are made in a number of sizes which can range from as small as 1/20 oz to as large as 1 Kilogram. Modern silver coins containing .999 pure silver or higher are often referred to as silver bullion coins while there are still sterling silver and lower quality bullion coins available. Older coins that contain silver and were minted to serve merely as circulating currency are often referred to as junk silver. Below we will go in to depth on these different form of silver coins.
Silver Bullion Coins
Silver bullion coins are arguably the most preferred form of the metal to investors due to their availability and high silver purity. These types of coins are minted by a large number of government run mints in the Americas, Africa, Europe, Asia and other parts of the world. Modern coins will range in purity from .999 to as high as .9999 and are often found in one troy ounce sizes. Though this size is the most common, silver coins can also be found in fractional sizes such as 1/10 oz, 1/4 oz and 1/2 oz as well as larger ounce sizes such as 5 oz, 10 oz and even 1 Kilo.
One unique aspect of the government minted bullion coin is that aside from holding a melt value which is calculated based on silver spot price, they also have a face value or monetary value in the country they were minted. The face value is usually somewhere between $.25 to $100 based on the mintage, coin type and weight.
Silver Bullion Coin Prices
Silver bullion coin prices tend to be on the higher spectrum compared to other types of physical silver bullion products that are available. This is partially due to the fact that there is a large market for collectors. Another reason for these higher premiums is because they are backed by their respective governments and contain elaborate and often intricate designs that are admired by coin collectors.
Junk Silver Coins
Junk silver coins are a favorable investment option for physical silver investors as well. They are available in bags or rolls based on the face value of the coins contained inside. Junk silver coins are most commonly found in 90% and 40% purity and will usually include pre-1965 US currency. Though they are referred to as junk silver, they are actually not junk at all; worth nearly 15 times their face value in silver melt. Though they contain mostly pure silver, they are forbidden to be melted as they are still recognized as genuine US circulating currency.
Junk Silver Coin Prices
90% and 40% junk silver coins tend to carry slightly lower premiums relative to spot price compared to modern silver bullion coins. This is because many of them have been heavily circulated and are not in as good condition. That being said, they can still be highly sought after and sometimes are even purchased and picked through by collectors on their search for a rare key date or misprinted coin.
Certified Silver Coins
Certified silver coins, also referred to as graded silver coins are a more collectible form of silver bullion. These coins are given a grade based upon their condition and specified by other factors such as mint marks, release dates and other variables. They are preferred by some but also overlooked by others as a true investment. Certified silver coins are graded by companies like NGC (Numismatic Guarantee Corporation) and PCGS (Professional Coin Grading Services). Certified coins come in sealed plastic cases with labels denoting the coins grade and a serial number that can be used to authenticate the coin.
Certified Silver Coin Prices
These types of coins are often sold based upon their numismatic value rather than the metal content like raw bullion coins. Because of this their prices vary greatly from coin to coin. Coins minted in a rare date or containing a desired mint mark can often fetch higher premiums while more common coins can be purchased for as little as $10 or $20 over the current silver spot price.
Buying Coin Tubes and Monster Boxes
Many raw silver bullion coins produced today are available in tubes (also known as rolls) or monster boxes which both come in sealed packaging directly from their respective mints. Silver coin tubes most commonly contain twenty coins while some mints like the RCM put up to twenty five coins in each tube. Monster boxes almost always contain 500 coins with 20-25 tubes of sealed coins inside. Buying silver coin tubes and monster boxes are a preferred method of silver coin investment for those buying in bulk and allow for easy storage.