Why Buy Silver?
Silver is a monetary metal and an industrial one. It’s used in electronics, solar panels and medicine, which gives it a demand base beyond investors. It also costs far less per ounce than gold, so it’s easy to buy in smaller amounts.
Coins, Rounds or Bars?
| What it is | Good to know | |
|---|---|---|
| Coins | Legal tender struck by government mints, such as the American Eagle and Maple Leaf | Most recognized, and IRA-eligible |
| Rounds | Coin-shaped silver from private mints | Usually a lower premium than coins |
| Bars | 1 oz to 100 oz bars from mints and refiners | The most silver per dollar at larger sizes |
Buying Silver for Your IRA
IRA silver must be at least .999 fine and stored at an approved depository. Learn about silver IRAs.
