Description
Silver rounds are tokens that contain real silver and are minted by private mints or refineries. They are sold generally in 1-ounce sizes and can be minted in varying degrees of fineness, though usually of 99.9% silver purity. They are not backed by any government and therefore have no legal tender value. Partly for this reason, they typically sell for less of a premium than silver bullion coins issued by various governments throughout the world.
Design
Silver rounds carry a countless number of designs ' far more than could be listed here. Some examples include commemorations of famous people or special occasions, coin replications, and religious themes. Particular rounds become popular because of their designs and / or the reputation of the minting company.
Most silver round designs will include information specifying the amount of silver, its fineness, and the issuing mint.
Minting Information
Silver rounds are minted at private mints such as A-Mark Precious Metals, the Wall Street Mint and Sunshine Minting.