A standardized unit of precious metal, specifically silver, struck into a round, disc-shaped form. It contains 31.1034768 grams of .999 fine silver, or 99.9% pure silver. This denomination serves as a tangible asset, often sought after by investors and collectors alike. The American Silver Eagle, the Canadian Silver Maple Leaf, and the Austrian Silver Philharmonic are all common examples produced by sovereign mints.
Possessing intrinsic value, these items serve as a hedge against inflation and economic uncertainty. They offer portfolio diversification and potential long-term appreciation. Throughout history, silver has been recognized as a store of value, and these coins represent a readily liquid form of this precious metal. Their standardized weight and purity make them easily tradable on global markets. Furthermore, they are often perceived as tangible wealth, providing a sense of security during volatile financial times.
