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Silver rounds are a type of silver bars. The difference between the two however is their weight. It is common to come across silver bars which weigh 5 or 10 oz but silver rounds are more distinct. Rounds will usually only appear in 1 oz or smaller weights. Whereas silver bars give investors the ability to make bulk purchases with ease, silver rounds are ideal for targeted purchases which involve smaller quantities.

Silver Round Prices and Sizes

As mentioned, most silver rounds will appear in 1 oz sizes. Visually, they are similar to coins, but the difference between the two is that rounds are produced within private mints as opposed to mints controlled by governments. Rounds are commonly sold as commemorative pieces, and when silver prices rise, fractional rounds often become popular. The cost for silver rounds is rarely much higher than silver’s spot price, and those who buy in bulk will enjoy the greatest discounts.

There are a number of companies that sell silver rounds, and each round should show the purity and weight of the item, as well as the mint that produced it. No silver round should have anything less than .999 fine silver purity.

Why You Should Buy Silver Rounds from LPM

LPM is an experienced dealer who has been in the precious metals business for over seven years. During this short time, we have emerged as the largest dealer in Asia and have built partnerships with a number of respected institutions, including the Austrian Mint, Perth Mint, and the Royal Canadian Mint. We also work with private mints such as the Elemetal Mint and the Sunshine Minting. Those looking for excellent silver rounds at fantastic prices will certainly find what they are looking for at our store. Take a look today and get ready to be amazed!