It makes each coin easily recognisable, and thus easier to sell on the global market. The intricate designs of the coins not only make them beautiful to behold, the designs also act as an efficient anti-counterfeiting aspect. Investing in silver coins offers potentially attractive returns as many precious metals analysts and commentators consider the current price of silver to be significantly undervalued. Silver bullion coins are an exceptional option for both experienced and new investors. This premium also includes a small commission for the silver dealer. The premium associated with bullion silver coins consists of the cost of production and distribution. Their price is the sum of the spot price of silver and a premium. The value of a silver bullion coin is based on the weight and purity of the silver used to produce it.

The law guarantees the weight and purity of bullion coins - making them an attractive option for first-time investors. Mints produce each coin with the face value printed on them, this shows their legal tender status. Mints produce these particular coins using at least 99.99% pure silver. Sovereign mints such as the Royal Mint in the UK, the Royal Canadian Mint, and the US Mint, among others, are responsible for producing silver bullion coins.

Used silver coins for sale