Cheapest Silver Rounds: Where to Find the Best Deals?
By BullionMentor on December 10, 2024
Silver Rounds offer a perfect opportunity for anyone looking to invest in silver without having to pay the hefty premiums that may come with pieces like a few of the bullion coins. Finding the cheapest Silver Rounds in terms of prices is crucial for making the most of your purchase. If you are an investment pro or looking to take your first step toward investing in silver, this blog will guide you in your journey by delving into what silver rounds are all about, their benefits, and how you can find the cheapest silver rounds.
Understanding Silver Rounds
The important feature to understand about Silver Rounds is that they are non-legal tender minted by private mints and refineries. They resemble coin-like shapes containing .999 fine silver. Silver Rounds are sought after by collectors and investors of silver bullion pieces as they are offered at a minimum premium rate or sometimes just priced over spot.
While they may be cheaper in price compared to government-minted silver pieces, they contain the same value in silver content and can provide maximum returns to sellers over time. There are various designs of silver rounds to choose from which contain iconic American symbols and can be a valuable addition to your portfolio.
Important Features of Silver Rounds
Here is a table to understand the key features to understand of silver rounds when looking to purchase them-
Feature | Silver Rounds |
Definition | Private mint products, not a legal tender. |
Design | Typically has unique designs, often artistic or thematic. |
Purity | Typically .999 or .9999 fine silver. |
Value | Generally sold at a lower premium over spot price. |
Availability | Widely available from various mints and dealers. |
Investment Use | Primarily an investment vehicle. |
Recognition | Highly prized by collectors for its unique value and appeal. |
Weight | Usually available in standard weights, predominantly 1 oz, 2 oz, and 5 oz. |
Top 5 Cheapest Silver Rounds
There are a plethora of silver rounds to choose from for buyers and investors, which can be exhaustive to look for. Hence, to help ease your search, we have listed some of the cheapest Silver Rounds for you to choose from when it comes to prices.
Buffalo Silver Rounds
The Buffalo Silver Round is inspired by the Buffalo Nickel and was designed by James Earle Fraser in 1913. Its captivating designs featured the striking image of a Native American on its obverse and the magnificent American bison on its reverse. The designs pay homage to both the indigenous people of America and its wildlife. Produced by mints like the Sunshine Minting Company, the Buffalo Silver Rounds ranks high as a top choice for the cheapest Silver Rounds.
Here is the table for comparing Buffalo rounds from various mints on our one platform- Bullion Mentor:
Sr.No | Rounds | Action |
1 | 1 oz Buffalo Silver Round | Compare Now |
2 | 1 oz Asahi Buffalo Silver Round | Compare Now |
3 | 1 oz Highland Mint Buffalo Silver Round | Compare Now |
4 | 1 oz GSM Buffalo Silver Round | Compare Now |
Asahi Silver Rounds
The Asahi Silver Rounds are offered by Asahi Refining, known for their premium silver products. The obverse of the Asahi Silver Rounds features the Asahi Refining logo and usually contains attractive designs or inscriptions. The reverse also depicts the Asahi Refinery logo with attractive designs around it.
Refer to the table below to compare the best prices for the Asahi Silver Rounds.
Sr.No | Rounds | Action |
1 | 1 oz Asahi Silver Round | Compare Now |
2 | 1 oz Asahi Freedom Liberty Silver Round | Compare Now |
3 | 1 oz Asahi Dragon Silver Round | Compare Now |
Morgan Silver Rounds
The Morgan Silver Rounds feature a replication of the Morgan Silver Dollar’s unique design, which was designed by George T. Morgan. The obverse of the Morgan Silver Round features a portrayal of Lady Liberty adorned with a Phrygian cap with the word “LIBERTY” inscribed above her head. The reverse features a bald eagle with outstretched wings, with the inscription “IN GOD WE TRUST” engraved above it.
You can check the availability of these rounds in the table given below.
Sr.No | Rounds | Action |
1 | 1 oz Morgan Silver Round | Compare Now |
2 | Morgan Style 1 oz Silver Round - Sunshine | Compare Now |
Scottsdale Stacker Rounds
Did you know Scottsdale Stacker Rounds, introduced in 2010, have a unique design for easy stacking? The purpose was to give a unique and attractive look as a stackable silver round, which would be affordable for investors. The obverse design usually changes year to year, featuring an American theme of historical importance, while the obverse displays the stacking feature, with reeded edges placed in a manner that secures the rounds atop each other.
Look at the prices offered for this unique piece in the table given below.
Sr.No | Rounds | Action |
1 | 2 oz Scottsdale Stacker Silver Round | Compare Now |
2 | 5 oz Scottsdale Stacker Silver Round | Compare Now |
3 | 100 Gram Scottsdale Stacker Silver Round | Compare Now |
Eagle Silver Rounds
The American Bald Eagle is seldom featured on US coins and rounds, with the obverse featuring the bird in flight, while the reverse in some coins shows a close-up of the bird. There are multiple variations of the round, which range differently based on their weight.
You can explore the following Silver Eagle Rounds and compare their prices to shipping charges.
Sr.No | Rounds | Action |
1 | 1 oz Sunshine Mint Silver Round | Compare Now |
2 | 1/2 oz GSM Eagle Silver Round | Compare Now |
3 | 1/4 oz GSM Eagle Silver Round | Compare Now |
4 | 1/10 oz GSM Eagle Silver Round | Compare Now |
Why Buy Silver Rounds?
There are a vast number of reasons to invest in silver rounds when looking at buying silver at affordable prices and desiring a meticulously designed piece at the same time. Let’s take a look at these reasons in a brief manner.
- The Silver Rounds are offered at relatively lower premiums when compared with Silver Bullion Coins. Hence, making them a beneficial investment in the long run.
- The Silver Rounds possess beautiful designs on the obverse and reverse, which attract collectors and investors. The fact that they can be minted regularly offers the opportunity of releasing multiple designs that cater to the preferences or artistic freedom of the designers for production.
- The Silver Rounds can be purchased easily as there is a great availability of the Silver Rounds and a large collection of them to choose from.
- Some silver rounds are pretty collectible because they have a limited mintage, which drives up their market demand.
Where to Find the Cheapest Deals for Silver Rounds
Online Bullion Dealers
You can find details about the prominent bullion dealers and their shipping policies down below -
JM Bullion
JM Bullion is best known for competitive pricing and promotional sales. The website is easy to use and known for its prompt and reliable shipping. Their choice of silver rounds is also extensive, with many other precious metals.
Shopping Policy - Free Shipping on orders over $199
APMEX
APMEX is one of the most well-respected bullion dealers in business. They offer an enormous inventory and some of the best customer service anywhere. So naturally, you'll find silver rounds at almost any price range and get the best deals.
Shipping Policy - Free Shipping on orders over $199
BOLD Precious Metals
BOLD Precious Metals stands out because of the unique silver rounds they offer at competitive prices, which collectors and investors desire. If you are looking for quality silver with extra personality, BOLD is a great choice.
Shipping Policy - Free Shipping on orders over $199
Bullion Exchange
Bullion Exchange offers competitive pricing and an extensive assortment of the cheapest Silver Rounds, with speed on shipping and customer service as the major priorities. Their website is simple, allowing for easy price-comparison shopping and deals.
Shipping Policy - Free Shipping on orders over $199
SD Bullion
SD Bullion features some of the lowest markups above spot, with an easy-to-shop-around website that makes purchasing painless. They often offer bulk deals and stacking silver promotions at lower-than-market prices.
Shipping Policy - Free Shipping on orders over $199
Hero Bullion
Hero Bullion pulls together a large inventory of popular silver rounds with excellent customer service and competitive prices. They're known to conduct smooth, secure transactions and offer fast shipping times.
Shipping Policy - Free Shipping on orders over $199
Hero Bullion
Monument Metals provides customers with transparency and reliability alongside a solid selection of silver rounds and fair pricing.
Shipping Policy - Free Shipping on orders over $199
Local Coin Shop
Pros | Cons |
You can physically hold and see your investment. | Higher premiums during purchase that will drop when you look to sell. |
The price is transparent and is directly tied to the current silver price. | The choices of physical silver products, such as coins and bars, can be limited. |
Purchasing physical silver doesn't require any public records | When selling, large quantities of silver could be more complex than other investments. |
Tips for Maximizing Your Savings
Buy in Bulk
An effective strategy for purchasing silver rounds can be buying them in bulk, which helps bring down the per-ounce price, proving to be a cost-effective option in the present and increased profits in the future.
Monitor Silver Prices
You should watch Silver’s Spot Price, as it fluctuates daily, and make your purchases accordingly for lower-cost entry points. One way is setting alerts on financial apps or regularly checking market trends on Bullion Mentor, which can help you buy during price dips.
Conclusion
Now that you are equipped with an informed knowledge about Silver Rounds, you can take the next step towards purchasing the Silver Round of your preference. Silver Rounds are available at the best deals by various bullion dealers. They can be yours today, with Bullion Mentor at your side, where you can compare prices and availability of the cheapest Silver Rounds from top bullion dealers with hourly updates that keep you ahead of the market.