Buy Silver Coins Online from CBMint
Silver Bullion Coins
For centuries, silver coins were produced as circulating coinage. Today, however, almost all silver coins are manufactured as silver bullion coins, intended for bullion investment and not circulation. Silver bullion coins have been brought into the mainstream by various sovereign government mints, which have been producing beautiful silver coins for a few decades. Though most silver bars and silver rounds are produced by private mints, silver coins are still the most famous and recognizable silver bullion products on the market. Most silver coins are legal tender within the borders of the issuing country, and possess a nominal face value. This legal tender status ensures, often through law, that the silver content and purity of silver coins are fully guaranteed. This fact alone causes many investors who buy silver online to gravitate towards the security and assurances offered by buying silver bullion coins.
Investing in Silver Coins
Silver coins almost always have beautiful designs, often with a commemorative or historical motif. Although they carry a face value, it would be foolish to spend them as such, as the melt value of silver metal contained in each coin far exceeds the small face value. Indeed, depending on current silver spot prices, the bullion value of a silver coin can be several times higher than the face value. The true worth of a silver coin is its bullion content, which is tied directly to the spot price of silver. However, being official, legal-tender pieces, silver coins maintain some numismatic value and are, therefore, popular among coin collectors as well as investors who buy silver coins online.
Certified Silver Coins
Certified silver coins are coins that have been graded and authenticated by a large and respected grading service, like PCGS or NGC. Coin certification is used more by numismatists than bullion investors, yet many silver investors prefer certified silver coins, as the authenticity and condition of the coin is never in doubt. The issuing agency authenticates the piece, grades it (the standard grading scale is 1 - 70), and protects the coin in hard plastic. These hard, protective plastic slabs also give these types of silver coins their name -- “slabbed” coins.
Buying Silver Coins Online
There is truly a staggering number of silver bullion coins available today, produced by government mints all around the world. Famous examples are the American Silver Eagle, the Canadian Silver Maple Leaf, the Australian Silver Kookaburra, and the Chinese Silver Panda. The Silver Eagles and Silver Maple Leafs are most popular with North American investors who buy silver bullion online, but the coins made by other mints are quickly gaining in popularity. Silver coins minted outside of North America are often categorized as World Silver Coins.
Investors gain several important advantages when they buy a silver coin online. It is far easier to comparison shop online, and the amount of available information facilitates product research. The most significant advantage, however, for buying silver online is the large cost savings. Being an online store, CBMint is the best place to buy silver coins online, as we have little overhead and can shed many of the costs with which traditional stores are saddled. Those cost savings allow us to offer low cost silver coins, as our savings are passed directly to our customers. Should you have any questions about buying silver coins online from CBMint, please feel free to Contact Us, or call CBMint toll-free at 1-866-300-0504.