Gold $2659.89 (0.38%)
Silver $31.21 (+1.12%)
Platinum $983.54 (0.51%)
Palladium $1065.32 (0.83%)
There is roughly sixteen times more silver that has been mined than gold.
While it may not share the spotlight with gold, it is nonetheless highly desirable and offers many of the same benefits as gold, but at a more affordable price point.
When it comes to silver coins, the American Silver Eagle is the preferred choice of investors and collectors alike. The Liberty Coin Act of 1985 authorized the production of an official silver bullion 1 Troy oz silver at .999 purity coin by the United States Mint with a face value of $1 (USD) backed by the federal government.
According to the Silver Institute, silver was first us sed as a currency in 700 B.C. It was used as a trading metal in nearly every ancient and modern culture.
In the early days of America, the most favored currency was silver coins. Today, its intrinsic value of silver persists, and the American Silver Eagle coin is the preferred choice of investors and collectors alike, consiststing of a 1 Troy oz silver at .999 purity.
Silver is an essential component in many industries, including electronics, photography, solar energy and medical, and accounts for more than half of worldwide demand. Its unique physical properties make it nearly impossible to substitute. Only oil has more industrial applications than silver.
Such strong industrial demand and shrinking supplies for silver makes investment grade .999 fine silver bullion very desirable.
Silver, like gold, is a portable and private form of wealth. Physical silver coins are safe, easy to store, and can be traded worldwide apart from of the traditional banking system.
As the world rushes toward financial digitization, privacy is a predominate concern of many for a variety of reasons. Silver offers privacy, as it is inconspicuous and liquid.
Your silver is yours, and is virtually untraceable.
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Gold has a long history of being a reliable store of value. Silver possesses unique characteristics that make it attractive for industrial use. Like gold, silver serves as a store of value and a hedge against inflation.
Learn MoreHard assets such as rare coins can add diversification and protection from inflation.
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