Tuesday, February 21, 2006

Silver Bullion Coins

Silver bullion coins are probably one of the best investments you can find.

Many countries have now jumped on the silver coin band wagon and mint one and ten ounce silver coins.

Of course the most popular are the American Silver eagle, the Canadian Silver Maple Leaf, the Australian Kookaburra, the British Britannia and of course the Chinese Panda.

All of these are considered beautiful coins and all are minted in one ounce pure silver as well as heavier values also.

There are some decided advantages to holding silver bullion coins, not the least of which is the future investments . Silver bullion coins are not difficult to buy. They are relatively inexpensive and are available from a vast majority of coin dealers and auction houses such as eBay.

They are easy to store, taking up very little room and very easy to sell if one has the economic need to sell.

The value of silver is predominantly stable and, in fact, due to a world wide shortage, is steadily increasing.

Some points to watch for when buying silver coins. The larger coins, such as the ten ounce coins can be subject to fraud whereby someone will drill out the silver content from the rim or edge and fill it with lead, then put a small spot of silver to cover the hole. These are difficult to detect but sometimes the weight will give it away or if the silver coating is poorly done it can be seen. Ensure you buy your silver coins from a reputable dealer therefore which will accept the coins back if found to be fraudulent or counterfeit.

As always ensure you do due diligence when buying any coins.

Provided the above is kept in mind, buying silver bullion coins can be an excellent investment for the future and can provide hours of enjoyment and pleasure.

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