Silver bullion is silver valued for its metal content: rounds, bars and government-minted coins such as American Silver Eagles and Canadian Silver Maple Leafs. Silver's spot price per ounce is far below gold's, which makes bullion silver a common starting point for new precious-metals buyers and a way to add fractional-ounce flexibility to a holding.
For IRA purposes, silver must meet the fineness standard in IRS Section 408(m), generally .999 fine, which covers American Silver Eagles and most 1 oz rounds and bars from recognized refiners. One-ounce government-minted coins such as Canadian Silver Maple Leafs and Austrian Philharmonics also meet the standard. Confirm eligibility with your custodian before purchasing.
Current inventory includes the 1 oz Silver Lincoln Penny round and the 1 oz Silver Buffalo round, privately minted rounds in .999 fine silver. Silver carries higher percentage premiums than gold because minting and handling costs are similar per piece while the unit value is far lower. For specs, key dates, mintages and grading of the flagship series, see our American Silver Eagle hub. Call 888-369-2950 with questions.
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Silver bullion is priced per troy ounce of fine silver plus a premium. The lowest-premium formats are 1 oz government coins — American Silver Eagles (.999 fine), Canadian Maple Leafs and Australian Silver Kangaroos (.9999 fine) — and privately minted rounds and bars, which carry lower premiums than legal-tender coins.
Before you buy: compare premium per ounce across formats; if the purchase is for an IRA, the metal must generally meet .999 fineness under IRS Section 408(m) — American Silver Eagles qualify, and so do qualifying bars and rounds; and remember silver premiums are a larger share of price than gold's, because minting and handling costs are similar per piece on a lower unit value.
Silver trades continuously and premiums move with retail demand and available supply, so printed prices go stale quickly. A live quote covers the exact product and quantity — quantity matters, since premiums scale with order size — with stock confirmed on the same call.
Generally .999 fine under IRS Section 408(m). American Silver Eagles and qualifying bars and rounds meet the standard. Confirm with your custodian.
Coins are legal tender from a government mint; rounds are privately minted discs of the same metal weight. Rounds usually carry lower premiums.
Minting and handling costs are similar per piece, but silver's unit value is much lower, so those costs are a larger percentage of the price.
Spot price plus a dealer premium, like gold. Premiums move with retail demand and available supply.
Call 888-369-2950 for a live silver quote and current availability, or request a quote online.
