All About Silver Coins

Silver has always been in the list of precious metals along with silver but has gained limelight only from the beginning of 1900’s. The price rise is so rapid that it was tripled in the just the past five years. Speculations are that the price of silver will go up to fifty ounces very soon.

These silver coins that were made by the govt. of united states, were used as regular coins like how it used to be in the age of kings. Then due to the decreased supply of silver and increased demand in various other industries, the production of silver coins for daily use has been stopped. Later in the second half of 20th century, silver coins surfaced again in the form of silver bullion coins. The silver coins are made with high-grade silver with impurities less than 0.01% and weighing one ounce each. With the emergence of these coins, the value of silver started to rise and from then on there has been no decline in the price of silver. A simple math can tell the rate of increase and the profitability of investing in silver coins.

The value of silver coins increases with its age, similar to that of wine or scotch does. The older the coin gets, the higher its price will be. If your great grandfather was a numismatist and bought lot of silver coins then you are sure to earn thousands of dollars for those. Alternatively, if he randomly purchased and invested on silver coins seeing the future prospects, his speculations turned exactly the same. The price of silver has gone up in multiples and continuing steadily.

These silver coins are generally made by the government mint and are guaranteed by the govt. of United States for the quality. Packed in attractive plastic casing, these coins will have the shine and crystal clear print on them for as long as they are inside them. Silver coins look similar to a quarter dollar with silver eagle on one side and walking liberty on the other side.