Over the years, a number of private mints have endeavored to create various printings of silver rounds to commemorate various people, events, or other things of significance. Because these come from private mints, their makers cannot refer to them as “coins”, as that term is reserved by the US Mint for its issues. Although the silver “round” looks in all respects like a coin, it cannot be used as legal tender. However, because it is 1 troy ounce of 99.9% pure silver, it indeed has value as determined by the silver market and the secondary market.
American silver rounds are not significantly different from those made in other countries, apart from the subjects printed on them. They are 2.54mm thick, 39mm across, with a standard weight and purity. Pure silver ensures that the round will retain its value even when the market for the specific subject is not in demand.
There are many different varieties of American 1oz silver rounds. Here are a few:
Many of these offerings are current, or recent. There are too many American silver rounds to list here, and each one has its own year or years of release. If you have one or more silver rounds, we invite you to any of our ten locations in Southern California. We can tell you everything you need to know about your rounds, including the printing, the year, the rating, and the purity. And we will probably make you an offer.
There are so many 1oz American silver rounds that there is no point in describing each one. Because each one commemorates a specific person, place or thing, each mint has its own approach to bringing those images to life. Some use expert engraving, others use color. But in every case, the subject is transformed by the work of the creator.
At the time of this writing, one troy ounce of silver is trading at $24.93. Although the price of silver fluctuates, it provides a base for which to value silver coins and rounds. As these items are collectable, each carries a secondary market value based on the level of interest of the consumer. But at the end of the day, the round is still an ounce of silver, and carries that value.
Navigating the market of silver rounds can be tricky to the uninitiated. Many clients who bring these 1oz rounds into our stores aren’t collectors; they merely came upon some property, and are looking to sell. Many don’t want to go through the hassle of finding a buyer and negotiating a good value for them. At Crown Gold Exchange, we always strive to pay the buyer what the rounds are worth.
If you have American silver rounds, bring them into our store. Even if you are not in the market to sell them, we always enjoy talking with people about their merchandise. In many cases, our customers walk out of our store having learned a lot about their property, and the silver market in general. And again, if you have a quality item, we will offer you payment on the spot, in the form of payment you prefer.
At Crown Gold Exchange, we make every effort to give each of our customers a positive experience when you visit our store. When you walk in, one of our friendly buyers will greet you with a smile, and escort you to the evaluation table. As we get to know you, we ask about your connection to the item, how you came to own it, and what you intend to do with it. When evaluating your piece, we never take it out of your sight. If we need special tools to determine the quality of your item, we have them on hand for easy use.
After checking the spot price of silver, and the value of your round as a collectible item, we make you a one-time, no nonsense offer. We never haggle. We do this, because we want you to walk away from our store knowing that we treated you fairly, with no pressure to sell. If you are not interested in selling at the price we offer, there are really no hard feelings.
Our approach works for our customers. Many are pleased if not surprised at the value they are getting for their item. And many learn a lot about the silver market. Our hope is that because of your positive experience, you will tell your friends about us, and they will also value our business.
(Note: If you are planning to pay us a visit, we strongly recommend calling ahead for an appointment. We’re happy to see you if you walk in, but calling ahead ensures that the right person will be available to speak with you when you arrive.)
Crown Gold Exchange Customer